The Cap Sheet
The business behind the game. Salary caps, valuations, media rights, prize money.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 65 | Founded | 8 months ago | Last Issue | 9 days ago |
| Active | |||||
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Real Madrid Says Its Net Debt Is 8.7 Million Euros
In the accounts Real Madrid published in July, there is a line that stops most people reading further.
Net debt: 8.7 million euros. Debt to EBITDA: 0.0 times. Cash of 82.8 million. Net equity of 624.4 million, and 475 million euros of cred...
The Bernabéu Made 363 Million Euros Last Year
Real Madrid published its 2025-26 accounts on 28 July. The headline was that the club passed 1.2 billion euros of revenue, the first sports organization to do it.
The more interesting number is further down.
The club reports its revenue i...
LeBron James Gave Up $3 Million for $45,000 of Room
In July 2024, LeBron James re-signed with the Los Angeles Lakers for about $101.35 million over two years. His maximum was roughly $104 million. He left about $3 million on the table.
What the Lakers got for it was about $45,000 of room be...
Zero Teams Are Above the NBA's Second Apron
The NBA season starts tonight. Three games, beginning with Boston at Detroit at 3 Eastern and finishing with San Antonio at Oklahoma City at 9:30.
Before any of that, one number: $221,686,000.
That is the NBA’s second apron for this seaso...
The NHL Cap Moved $2 Million in Five Years
Here are the NHL’s salary cap ceilings for five consecutive seasons.
2019-20: $81.5 million. 2020-21: $81.5 million. 2021-22: $81.5 million. 2022-23: $82.5 million. 2023-24: $83.5 million.
Two million dollars. Five years.
Now the five se...
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The business behind the game. Salary caps, valuations, media rights, prize money.
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