CFL approves higher salary cap for 2007

CFL teams will have some more money to spend on player payroll starting next season.

The league's board of governors approved a new salary cap figure Friday that will go into effect in 2007.

The league's board of governors agreed on a new $4.05 million salary cap figure Friday that will be implemented in 2007. The figure is up from the $3.8 million that league governors had initially approved last January.

The CFL's governors approved the new cap figure during the off-season, but agreed not to begin officially enforcing it until the 2007 campaign, to give clubs a year to adjust.

"The establishment of an agreed-upon salary cap is the next critical component in the foundation we are trying to build with the salary management system," CFL commissioner Tom Wright said in a statement.

"It's a significant step in what we are trying to do financially and to establish cost certainty."