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CP NewsAlert: CFL votes to ratify new collective bargaining agreement with players

06/13/2014 03:05 EDT | Updated 08/13/2014 05:59 EDT
TORONTO - The CFL has ratified its collective bargaining agreement with the CFL Players' Association.

The league's board of governors accepted the five-year deal during a conference call Friday.

The move comes after the CFLPA voted to accept the contract Thursday night.

Under terms of the agreement, the salary cap in the first year will increase to $5 million. The CFL operated with a $4.4-million cap in 2013.

The salary cap will increase $50,000 annually over the term of the deal.

With both sides having signed off on the agreement, the '14 regular season will kick off June 26 as originally scheduled.

More coming.

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