Riders rent reduction a 'contractual matter', no legal threat: Reynolds
6h ago
The $1.33M rent reduction comes from what the club owed during seasons impacted by the pandemic.
TORONTO — A look at the Canadian Premier League’s 2021 financial structure:
Salary Cap — $1.2 million. Player cap must fall between $650,000 and $850,000. Coach/technical staff cap must fall between $350,000 and $550,000. Combined, the two must be at or under $1.2 million.
Average Player Total Compensation — $40,000 (including housing, car allowances, incentive bonuses).
Highest Player Compensation — $77,000 (including above bonuses).
Average Player Minimum Compensation — $22,000 (expected to rise to $26,000 including bonuses).
Cost of running a CPL team — On average, it takes more than $4 million a year.
(Source: Canadian Premier League)
This report by The Canadian Press was first published March 8 2021
The Canadian Press