Sunday, February 12, 2012

Steelers May Have Wiggle Room Under Salary Cap

The Steelers might have another $506,000 worth of salary cap space to work with if Mike Florio is correct. Florio points out that there is an important provision in the new Collective Bargaining Agreement that states that teams may carry over any remaining cap room from one year to the next by submitting written notice, signed by the owner of the team, to the league. Kinda like if you do not use all of your salary cap room in one season, you get a credit the next season for the dollars you ended up being under the salary cap. Clear as mud? Good.

This new mechanism is in Article 13, Section 6(b)(v) of the new CBA and indicates that the written notice must indicate the maximum amount of cap room that the team wishes to shift from one cap year to the next. This is news to me, I must admit. The question is if there is any backlash to doing it. The Steelers used the most all of their cap space in '11 and so have only slightly more than half a million to roll over into '12. But a half million is a half million, and this is potential good news to a very cap strapped team.