Salary Cap and WPS Finances

18 02 2009

The Bizjournal is reporting several key bits of information on the financial strategy of the new Women’s Pro Soccer league. The most glaring peice of info is that the salary cap is set at $565,000. I guess in this economy they should just be happy they have a job right? In all seriousness, it provokes two feelings in me. First, it is comforting in the sense that I highly doubt with a team’s salary so low that this league will falter financially. Second, it saddens me to see that these are players who have worked very hard throughout their life at the game, are very talented, and are combined going to make less than Juan Pablo Angel of NY Red Bull makes in six months. We can hope that these sacrifices by the players now will help plant roots for the league that will later on be able to pay better salaries.
Other notes are that US National Team players have a garunteed minimum of $40,000. The WPS is still looking for two more sponsors to go along with the Puma deal.

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