‘The salary cap is the maximum each club may spend on player salaries in a capped year. For 2004, that amounts to 64.75 percent of leaguewide “Defined Gross Revenues” (divided by 32 teams), made up of preseason, regular-season and postseason gate receipts and radio and television rights. The cap is in effect 365 days a year. From March 3 to the day before the season begins, a club’s top 51 salaried players count towards the cap, plus pro-rated signing bonuses, incentives, etc., but not base salaries of other players on the roster up to 80. Thereafter, all salaries on a club’s roster count towards the cap. The maximum salary cap for 2004 is $80,582,000 per club. The minimum club salary is $67,337,000. Player benefits are $12,865,000 per club above the salary cap number.’