The Seattle News Tribune reports that any bonus money awarded to free agents this season, can only be distruted over the next 5 years, regardless of the contract length. This is due to a penalty in the labor agreements, which is being applied due to the lack of a 2007 salary cap.
In real terms, this means that with Walter Jones contract, for instance, the salary cap hit will actually be $4.9 million, rather than $3.8 million. An extra million dollars will be added for each of the first five years of his contract. This will also apply to every contract we take on this offseason.
Click on this link for the story.
http://www.thenewstribune.com/sports/story/4609398p-4282948c.html
Figures, at least every team is affected the same way, so we can count on other teams having the same problems.
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