Because the players have to accept less or they get locked out, that's why the cap will be lower. Everyone who wants to pretend the cap is going to be 130-140, go ahead and enjoy your time in Narnia. Make sure to pick up a unicorn who can start at wideout in this league because in the real world the Jets are going to need some real luck to get a second (and a third) high caliber wideout.
But as has been previously discussed, the change to FA rules which seems likely is going to put a load of other players onto the market at the same time; this means that our FA receivers are going to be competing with a bunch of others for the available money in the market, and they're not going to be able to command the crazy salaries that they might have done under previous rules because the supply side is going to be well stocked. And even if SH and/or BE do get an offer that the Jets can't or won't match, there will be plenty of other options available. I'm not unduly concerned.
At the very least it will be $129 million. They players are the product and the fans are the bankroll, there is no way the cap will be $120 million. Just my opinion. All teams were operating under the idea and numbers of the 09 cap, so nothing less can be accepted.
There is no way the players are taking a deal with the cap going down in 2011, even with the lack of bargaining power the 8th Circuit rulings have provided. Let's not forget that it is the owners who lose money if the preseason gets cancelled in any way, not the players. The players get paid a small amount during the preseason, but their salaries are paid out over the regular season. The owners have incentive to settle quickly also and the players are not likely to take a cut, especially with hundreds of them about to hit the open market.
Cool story bro. You're right and Schefter and Mort and Clayton and Brandt and every other national football reporter is wrong.