Each team in the league can spend a maximum of $33 million per year on salaries. If the Whalers have 45 players and the average salary is $700,000, how much do they have left under the cap?

Question

Messiah Chaney

Business

4 December, 16:52

Each team in the league can spend a maximum of $33 million per year on salaries. If the Whalers have 45 players and the average salary is $700,000, how much do they have left under the cap?

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Spunky · Answer 1

Given that the team in the league has a maximum of $33 million per year on salaries, and they have 45 players with a salary of $700,000, first, we have to multiply 700,000 by 45 and we get a total of $31,500,000. So, the amount that they have left under the cap is $1,500,000. Hope this answers your question. Have a great day!