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NFL raises cap
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Old 19 Feb 2004, 10:12 AM   #1 (permalink)
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Default NFL raises cap

High cap will be good news for strapped teams

INDIANAPOLIS -- For the first time in history, the NFL salary cap will top $80 million in 2004, league and union officials confirmed.


At a meeting in Dallas late in the 2003 season, club officials were told to plan for a cap of about $78.7 million. Instead, the spending limit for the '04 season will be approximately $80.5 million.


While that might not seem a very significant amount, the nearly $2 million bump from the anticipated ceiling represents some more breathing room for franchises struggling to come into cap compliance. The league-wide cap was $75.1 million in 2003.


Teams must be under the cap by the end of business on March 2. The new cap number is expected to be announced by the end of the week.


"We've tried to identify every dollar [of designated gross revenue] that should count toward the cap," said one high-ranking NFL Players Association official. "And we feel like we do a pretty good job of it. But this year, we made up our minds to be better than we've ever been, to find every dollar coming to us."


It is not unusual for the cap limit to grow a bit from the anticipated amount but in the past the increase has been negligible.


Two representation agencies, both held in high regard by the NFLPA, told ESPN.com this week that they had learned the cap would be set at $80 million to $81 million. Officials at one of those agencies, with close ties to NFLPA executive director Gene Upshaw, agreed the increase could help solve cap woes of a few clubs.


Executives from some teams acknowledged they had heard the cap might grow but said they were surprised by the size of the increase.

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Old 19 Feb 2004, 04:01 PM   #2 (permalink)
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5 mil. sounds like a lot, but we all know it won't go far in the nfl. I'd bet most of that room is going to be spent paying for cap hits from cutting players anyway. Or it'll go towards a free agent or 2. Ah well, should help out the 49ers, who I think are still biting on all the cap hits they took. Don't really know about most of the teams though. It's prolly good news for the raiders though, which sucks of course.
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Old 20 Feb 2004, 02:55 AM   #3 (permalink)
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Weird... this is kind of out of the blue... I can't really see the reason for it... besides the obvious... extra cap room... duh...

Next in line? MLB... maybe they could put a fucking cap on their league... set it to like $120,000,000. Watch Steinbrenner committ suicide... lol.
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