The Chinese Professional Soccer League (CSL) has announced a new salary cap policy that will reduce the maximum salary for players from 6 million yuan ($887,000) to 4.5 million yuan ($622,000). The policy is part of a larger effort by the league to promote player development and create a more competitive environment for teams.

Under the new policy, each team will be allowed to spend up to 10% of their budget on salaries for non-playing staff members, including coaches and administrative personnel. This means that teams will have to be more creative in how they allocate their budgets and find ways to increase revenue without increasing player wages.

The reduction in player salaries is expected to have a significant impact on the financial health of some teams, as well as on the overall competitiveness of the league. However, it is also seen as a positive step towards creating a more sustainable and fairer system for all involved parties.

Overall, the new salary cap policy is a key component of the broader efforts being made by the CSL to improve the quality of play and attract top talent to the league. By reducing player salaries and focusing on developing younger players, the league hopes to create a more competitive and exciting spectacle for fans around the world.