The team payroll was $259,000, including coaches and trainers.
Owners wanted to create a hard cap for team payroll.
The Jets had a team payroll of $24.8 million last season.
The union proposed a luxury tax beginning at team payrolls of $45 million.
In addition, the team payroll skyrocketed to over $100 million.
The league wants to hold individual team payrolls to $42 million and allow the players no more than 55 percent of league revenue.
Under the provisions of the cap, team payrolls was limited to €8 million.
He immediately poured some of his wealth into the team payroll.
According to figures the league has provided to the union, the average team payroll last season was $14.16 million.
The team payroll in 1980, the year the current ownership took control, was $1.3 million.