Broncos lose 3rd round pick next year

[JAG]

Ouch. But how ridiculous is it that it took them 6 years to notice?!

hxxp://sports.espn.go.com/nfl/news/story?id=1883127

Broncos Circumvented Cap from 1996-1998

Associated Press
NEW YORK -- 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.


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 with accounting for the salary cap.


In addition to the penalties against the team, the NFL said an agent for a former player agreed to donate $100,000 to charity. Neither the agent nor the player was identified.

[Ksyrup]

Hmmm....3rd round pick 8 years later versus 2 SB titles. Toughie.

[Franklinnoble]

Hmmm....3rd round pick 8 years later versus 2 SB titles. Toughie.
Pretty much what I was thinking.

This is a very weak slap on the wrist. I'd rape the cap every year if this was all I had to face as a consequence.

[Tekneek]

Hmmm....3rd round pick 8 years later versus 2 SB titles. Toughie.

This must be a bug.