Say It Ain't So - NFL Salary Cap

"People are going to be stunned -- not just by the quantity of players who are cut by Thursday, but by the quality, too. It's going to be ugly. There's going to be blood in the streets and, compared to past years, it's going to be from some bluebloods, guys who can still play."
-- An AFC team executive

"Most fans couldn't care less about the collective bargaining agreement and, justifiable or not, view any discussions of negotiations aimed at extending labor peace through the 2013 season as just another example of the avaricious nature of already overpaid players."

By Thursday, however, when the real-world ramifications of the failed labor talks become more apparent, fans in a lot of NFL precincts will take notice. With negotiations toward an extension having broken off Tuesday afternoon -- despite earlier optimistic reports that the sides were poised to strike an agreement -- salary cap managers from several franchises are readying themselves for what one general manager suggested late Tuesday will come to be known as "Bloody Thursday."

Len Pasquarell from ESPN.com details out the implications of the failure of the National Football League and The Players Association to resolve the Collective Bargaining Agreement.

Translation: Because so many teams are up against the projected cap limit of $95 million to $96 million for 2006, and the lack of a CBA extension means there are few options for relief, some big-name players will be jettisoned by Thursday, when teams must be in compliance with the spending limit.

How is the Salary Cap determined? Ask the Commish

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