Which of the following is CORRECT? Question 40 options: The salary cap is used to ensure that players do NOT receive more than 51% of total league revenues. Leagues set aside a 10% The NFL was the first league to impose a salary cap in its players Escrow tax allows teams to exceed salary cap by paying penalty to the league to have competitive players The NBA has a hard cap, which includes all salaries, signing bonuses, and performance bonuses All big four major leagues (i.e., NFL, MLB, NBA, NHL) advocate salary caps and three (i.e., NFL, NBA, and NHL) now have them