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Owners approve salary cap reductions

5

"NFL owners ratified the agreement between the league and players’ union that takes away $36 million in salary cap space from the Redskins and $10 million from the Cowboys. Other than Dallas and Washington, no club voted Tuesday to oppose the agreement, which raised the salary cap for 2012 from about $113 million to $120.6 million. The Cowboys and Redskins have sought arbitration, which will be conducted by University of Pennsylvania professor Stephen Burbank."

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