Salary Cap News

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Paul Kelly Admits Escrow Payments to Rise

Last night between games on HNIC, NHLPA executive director Paul Kelly was interviewed by Ron MacLean (link to HD video of the entire interview). The first thing they discussed was the rumor that escrow payments made by the players would be rising from 13% of their pay to 17-20%. Kelly wouldn't say exactly how much the...

Revenue Disaster for the NHL?

Following up on my post from last week about the US Dollar's rise potentially affecting the salary cap, Tom Benjamin had a short post today about this issue. On the subject of revenues vs. the cap Tom B. has this to say:If revenues actually do fall we are into uncharted waters, but the cap formula includes an automatic 5%...

NFL Salary Cap and Contract Information: Houston Texans

I love NFL football, but I don't like figuring out salary cap stuff and its effect on contracts. So, as a service to both you and me, I've enlisted Keith Weiland of HoustonProFootball.com to explain most everything Texans salary cap. The interview is even worth a read even if you are more interested in NFL salary cap...

Chiefs' 2007 Cap Space: $7 million, Some Gum, and a Paper Clip

So the question that every Chiefs' fan is dying to hear right now is, how much money do the Chiefs have to spend this offseason?Pete Yasinskas of the Charlotte Observer has gotten a head start on the guessing game. He projects the Chiefs to be at about $7 million above the cap, which would rank them 27th in the league....

Background on Salary Cap

In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a sporting club can spend on player salaries.

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