Thursday, April 16, 2015

Ti-Cats Exceed Salary Cap

The Hamilton Tiger-Cats were the lone team to exceed the CFL's $5-million salary cap last season.
The league announced Thursday the Ticats were $8,389 over the cap in 2014, earning them a $8,389 fine, or $1 for each dollar they were over the cap. Hamilton was the lone team to go over the cap last year.
"The salary management system was brought into the CFL to provide competitive balance and responsible business practices," CFL president and chief operating officer Michael Copeland said in a statement. "It is clear, with eight of nine teams under the cap, our teams understand that for the continued growth of our league, we have to remain fiscally responsible."
The CFL's salary management system was introduced in 2007.
Hamilton released a statement following the fine.
"The Tiger-Cats are totally committed to playing winning football and working within the parameters of the Salary Management System. Unfortunately in 2014 we had some challenges  to the SMS that were injury related,  including several to  high profile players. We worked to our best ability to mitigate that to get under the SMS, but with the record number of injuries, coupled with the unknown SMS factor of all-star bonuses for our ten all-stars, we ended up over the cap by less than ten thousand dollars.  We look forward to a great 2015 season and once again working within the parameters of the SMS system." 
(Canadian Press) 


Anonymous said...

Ooooooooo. 85 hundred bucks!! Ooooooooo!!!

Anonymous said...

This should shut up some of the naysayers who said the Riders had to be over the cap.

Great job by Taman in managing it!

peter dalla riva

Anonymous said...

Oskie wee wee
Oskie waa waa waa
Holy mackinaw
Tiger kittys
Over the cap
Cheating again!

Making ela proud

Anonymous said...

oskie pee pee