A player on £3,000 per week = (roughly) £150,000 per year.
Club cap of £1.5M in L2 means a squad of just 10 players on that salary, while a squad of 20 (equally paid) means an average of £1500pw/£75,000pa, and 30 is £1000pw/£50,000pa.
We usually have a squad of 25-27, although some of those will be first and second year youngsters on not much more than minimum/apprentice level wage, and some loanees (are they part of our wage bill, their parent club’s, or both?), and the others won’t all be on the same wage.
I know that even £50k will sound like a lot to some of our fans having to live on a lot less than that, but a player’s career is comparatively short (especially if they get a bad injury) and they have to make provision for life after they stop.
Most, especially those down at this level, will have to continue working for a living after they hang up theirs boots, not many will be able to retire in their early 30s and live off just their savings.
So unless they are one of the top performers able to cut it in the EPL or higher end of the championship, even good players are going to accept they aren’t going to get big wonga any more.