Broncos Punished for Cap Violations

Summary


The Denver Broncos have been fined $950,000 and will lose their third-round pick in next year's NFL draft for circumventing the salary cap between 1996-98.

The penalties were levied Thursday following an agreement involving the league, its union and the team.

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Extract


Broncos Punished for Cap Violations

The violations included agreements between the team and several players to defer salary payments with interest and an agreement not to waive a player before a certain date. Both raised issues w...

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