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Salary cap in the Canadian Football League
On June 13, 2006, a proposed salary management system featuring a Maximum Salary Expenditure Cap (SEC) was ratified at the Canadian Football League board of governors meeting in Winnipeg, Manitoba. [2] The CFL began enforcing strict salary cap regulation for the 2007 season, which was set at $4.05 million with a salary floor of $3,746,250 (92.5% of the cap); the cap will be set at $4.25 million for the 2010 season, with a salary floor of $3,931,250. [3]
Penalties for teams found to have breached the salary cap or salary floor regulations are fines of the amount involved for the first $100,000, fines of double the amount involved and forfeiture of the first-round draft pick for the next $200,000, and fines of triple the amount involved and forfeiture of the first and second-round draft picks for any amount in excess of $300,000. [4].
[edit] Breaches
The following breaches of the salary cap have occurred (no team has yet been penalized for violating salary floor regulations)[11]:
- In 2007, the Montreal Alouettes were fined $116,570 and forfeited a first-round draft pick after a CFL investigation found that they had exceeded the salary cap by $108,285 during the season.
- The Saskatchewan Roughriders were also fined in 2007 ($76,552) for a string of minor breaches in relation to benefit payments to injured players.
- In 2008, the Saskatchewan Roughriders were fined $87,147 after it was found that they had exceeded the salary cap by that amount during the season.
- In 2009, the Winnipeg Blue Bombers were fined $44,687 for minor breaches in relation to player bonuses.
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http://en.wikipedia.org/wiki/Salary_cap
Salary cap is basically $1 for every dollar you are over up to $100,000, then $2 for every dollar between $100,000-$300,000 plus first round draft pick, then $3 for every dollar over $300,000 plus first and second round draft pick.
I'm not sure if it's a graduated scale, or if you are over 300,000 for instance, you get charged $3 for all of that 300,000 or $1 for the first 100 then $2 for the next 200 then $3 for everything above 300.