Owners / PA reach CBA agreement!

Discussion in 'The National Football League' started by TMac48, Mar 8, 2006.

  1. TMac48

    TMac48 Veteran

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    Per NFL Network. Details to come. So far all I know is that it's a 6 year extension.
     
  2. Paragon Blue

    Paragon Blue Veteran

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  3. TexanFan881

    TexanFan881 Hall of Fame

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    They made it sound as if teams had more money to spend, as if the salary cap is bigger now :um:

    30 out of 32 teams accepted the agreement
     
  4. TexanFan881

    TexanFan881 Hall of Fame

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    NFL | Owners approve new labor deal
    Wed, 8 Mar 2006 17:41:25 -0800

    ESPNews reports NFL owners have approved the NFLPA's offer for a new collective bargaining agreement. The extension will last six years and take the league through the 2012 season. It is unknown what the salary cap will be for the 2006 season, but it will be higher than the previously reported $94.5 million.
     
  5. Grid

    Grid Hall of Fame

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    Bengals and Bills were the two opposing teams.
     
  6. gtexan02

    gtexan02 Working?

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    Official Link from Espn:

    http://sports.espn.go.com/nfl/news/story?id=2360258

    NFL owners approve six-year CBA extension
    ESPN.com news services
    click this

    NFL owners have approved a six-year extension of the collective bargaining agreement by a vote of 30-2 Wednesday night.

    Buffalo and Cincinnati were the two teams to vote against the proposal, according to ESPN's Chris Mortensen.

    ESPNEWS reports that Dallas Cowboys owner Jerry Jones briefly left the owners' meeting shortly before the 8 p.m. deadline the owners set to decide on the extension and told the waiting throng of reporters that owners were "getting close, getting close," but that it would take about "30 minutes" before anything was known. Jones did not offer any other details.

    Earlier Wednesday, the NFL moved back the waiver deadline for teams to get below the salary cap from 9 p.m. ET Wednesday to 11 p.m. ET.

    Free agency is set to begin at 12:01 a.m. ET Thursday.
     
  7. The Dude Abides

    The Dude Abides Hall of Fame

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    Screw Cincy and Buffalo!:redtowel:
     
  8. Kaiser Toro

    Kaiser Toro Native Mod

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    Free Agency begins in 3 hours. :redtowel:
     
  9. The Dude Abides

    The Dude Abides Hall of Fame

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    I thought it was getting pushed back a day if they came to an agreement? Or did I get it backwards.
     
  10. Grid

    Grid Hall of Fame

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    yep..it got pushed back to 12:01am March 10th.

    so.. tomorrow night.
     
  11. The Dude Abides

    The Dude Abides Hall of Fame

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    Anybody know how much we will be under the cap now after the extension and McKinney's Restructure? Or at least an estimate?
     
  12. Jags&Dawgs

    Jags&Dawgs Veteran

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    Bout time that is for sure.
     
  13. edo783

    edo783 Site Contributor

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    Total WAG on my part here but:

    We were ~ 8 Mill under + 2 Mill more from McKinny + ~ 10 Mill increase = somewhere around 20 Mill. Of which we will need to keep bout 5 mill to sign the rookies. If I am even remotly close,looks like about 15 mill for FA.

    The new cap is supposed to be a little over 104 Mill.
     
  14. the wonger need food

    the wonger need food Hall of Fame

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    Now that the labor agreement has been approved, what does this mean to the Texans? What will next year's cap be and how far under that number are we?
     
  15. Grid

    Grid Hall of Fame

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    im hearing 102mil for this year, 109mil in 2007.

    So that would put us at about 18 million under.
     
  16. Porky

    Porky Hall of Fame

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    Not sure where you are getting the 8 mil from. I had heard about 4 mil under. The cap is going up to 102 mil, so that's another 8 mil, plus about 2 mil for Mckinney. By my calculations, that would leave us roughly 14 mil under the cap. Plenty of room to sign the rooks and a couple of good FA.
     
  17. Texans Pride

    Texans Pride Hall of Fame

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    What is the reasoning to push it back?
     
  18. Grid

    Grid Hall of Fame

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    well they JUST reached the deal... they need a moment to prepare.. find out what the cap is, so on and so forth.
     
  19. MorKnolle

    MorKnolle Hall of Fame

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    http://sports.espn.go.com/nfl/news/story?id=2360258

    Confirmed that the cap for 2006 will be $102 million, so we have more available spending money, but so does every other team in the league. It will also result in a lot less players getting released too, but at least sanity has been restored and we have a guarantee of NFL play for the next six years, so I can sleep much better now.
     
  20. TexanFan881

    TexanFan881 Hall of Fame

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    They're trying to push it back to Saturday morning instead of Friday morning
     

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