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Originally Posted by Keith
The 2009 cap was originally projected at $124 million for each team and now the estimate is at $123 million. I've not heard anyone say that is a reflection of the economy though, at least not yet.
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More cap room than anticipated, and an interesting explanation as to why:
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Because teams didn’t spend as much as they were supposed to under the collective bargaining agreement the past three years, teams were notified Wednesday that the salary cap will increase over $4 million to $127 million for this coming year, according to sources with two NFL teams. The collective bargaining agreement calls for cap adjustment down if teams spend over the cap in cash and adjustment up if they don’t spend up to the cap.
It defies the recession and logic, but just before free agency, teams actually will have more flexibility and salary-cap room. ...
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http://blogs.nfl.com/2009/02/25/sala...ding-for-2009/
ItB's cap pages have been updated to reflect this and the three cuts announced. I'll update the Rosenfels trade once it becomes official on Friday.