Esks have cap space
Courtesy Edmonton Journal:
With their ability to buy any players they wanted on the open market, the Edmonton Eskimos for years had a reputation as being the CFL’s version of the Evil Empire.
Some compared the Eskimos to the NHL’s New York Rangers — before the salary-cap era.
However, those days are officially over with the release of the 2007 financial audit for the community-owned team prepared by PriceWaterhouseCoopers.
In the first year of league-imposed financial constraints , the Green and Gold came in $24,000 under the cap of $4.05 million.
“We are very committed to the salary management system,” said board chairman Jeff Polovick. “It ensures competitive balance and long-term financial viability for the team.”
CFL commissioner Mark Cohon is expected to release the league’s official audit this spring, but the Eskimos have already been told they passed the test.
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