CFL opts to keep its salary cap at $4.2 million in 2009 - Metro US

CFL opts to keep its salary cap at $4.2 million in 2009

The CFL is keeping its salary cap at $4.2 million in 2009.

CFL commissioner Mark Cohon made the announcement Wednesday, saying the decision to maintain the status quo is the right one for the league given the current economic climate.

“Our league is well positioned for challenging times, because it is affordable for Canadian families, accessible to our fans, and prudent in how it conducts its business,” Cohon said in a statement. “The Board of Governors has strived to maintain that affordability, accessibility and prudence in holding the cap number steady for 2009.”

Last year, the CFL boosted its cap from $4.05 million to the current level.

With average attendance nearing 29,000, and the CFL’s television ratings very strong, Cohon said the league is in a stable position moving forward.

“We are optimistic about moving forward in the new year, but we must do so responsibly, so we continue to build on our success, not jeopardize it,” Cohon said.

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