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Old 06-09-2005, 09:57 AM  
Ramster
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Interesting.....

Didn't the players reject a 42.5 million dollar salary cap at the "final stand" in the winter?

From the article:
"According to the website, the framework of a six-year deal has been settled and payrolls will be a reflection of a percentage of each team's revenue. In the first year of the contract, the revenue floor would be $22 to $24 million (all figures U.S.), with a ceiling of $34 to $36 million.

A dollar-for-dollar luxury tax ? that would go to the lower-revenue teams ? would kick in at the midway point between the floor and the ceiling, which would be at $29 million if the floor were $22 million and the ceiling $36 million."

Of course now they're going to get less considering revenues will be much lower so they're getting what they deserve......... less!
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