What does the cap percentage formula use to calculate?

The cap percentage formula is designed to provide a fair assessment of a player's salary in relation to the market and their team's salary cap. It typically uses the average of the top salaries in the league to establish benchmarks for what players at similar positions can expect to earn. By focusing on the top five salary averages over the last five years, the formula allows for a reflection of the most competitive salaries that are currently available, which is essential for agents to gauge the market value of their clients. This approach helps ensure that contracts are negotiated based on realistic and relevant financial standards determined by high-performing players, instead of outdated or irrelevant figures from the past. This tool is valuable for any NFLPA agent in forming contracts and negotiating on behalf of their clients.