Does an uncapped season also mean there's no salary minimum?

Yes. Currently, there is a salary minimum, as well as a salary cap. Every team must allocate a certain minimum amount to player salaries.

However, when the salary cap goes away, so does the salary floor. Teams could choose not to spend a dime. What happens to players' benefits (401k plans, health coverage, etc.)?

In an uncapped 2007, owners no longer will be responsible for their annual payments of about $13 million apiece to 401k plans, health coverage, life insurance and other programs under the umbrella of benefits. The NFL matches each player's 401k investments 2-for-1. How does all of this affect the 2006 NFL draft?

Signing draft choices will be more difficult this year, because teams can prorate signing bonuses over only four seasons. Already, agents figure the most a top draft choice can make under that scenario is $15 million, a major reduction from recent years. That likely will lead to long holdouts by draft choices.

What are the long-term ramifications for the league? ... more.

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