The companies said the deal, which must be approved at a joint shareholder meeting on Jan. 14, would not lead to sweeping cuts in employment.
The Washington Redskins would probably have had to make sweeping cuts to get under the cap.
The mayor's call to make such sweeping cuts to a budget so soon after its adoption is unusual.
All of these county councils are also making sweeping cuts to their funding of bus services, in order to save money.
Because of sweeping cuts in the health budget, even the most indigent are being asked to contribute to the cost of their care.
"Now you have to," she told him, and came at him with a sweeping cut that scarred half the room.
First, he said, the sweeping cuts of 2002 had left deep dents in staff morale.
A sweeping cut would throw away this progress and bring back the era of soaring deficits.
Two slashes at the head were followed by a sweeping cut for the chest which actually sliced the material of the brown robe.
He swung his hand in a flat sweeping cut.