The CFL may be rich now, but it’s not about to go back to being stupid.
That was one of the themes of commissioner Mark Cohon’s annual state of the league address Friday morning, and it also served as a notice to the CFL Players’ Association that it had better not be expecting a massive jump in the salary cap under a new collective bargaining agreement.
The CFL’s new broadcast deal will kick in next year, just in time for the expiration of the current CBA, and it is expected to provide each team with approximately 4.3 million per season. Currently teams get about $2 million per season.
However, Cohon warned that teams won’t be allowed to spend like drunken sailors when it comes to player salaries.
“Yes, clearly our future is bright and I’m confident about it,” Cohon said. “We can continue to grow and build that modern and innovative CFL, but only if we resist that temptation of going back to the old, reckless financial ways of the CFL. I’m confid