Peter Bishell is excited about the Cavalry's financial future.

Peter Bishell is excited about the Cavalry's financial future. Photo: Glen McCurtayne

Canberra Cavalry is on track to be completely financially independent in two years and will no longer need the support of Major League Baseball, general manager Peter Bishell says.

It comes on the back of the Cavalry announcing a new two-year naming-rights deal with Rolfe Motors worth more than $100,000 a year.

Bishell said the club had exceeded all sponsorship targets by 20 per cent and, in two years, would no longer need support from MLB.

MLB is the major backer of the Australian Baseball League but wanted the fledgling competition to stand on its own feet after five seasons.

The third season will start in Canberra with a game between the Cavalry and the Sydney Blue Sox at Narrabundah Ballpark on November 2.

The sponsorship with Rolfe Motors is made up of an undisclosed cash sum plus seven cars, which will be used by the Cavalry's large contingent of overseas-based players and coaches.

''We are ahead of our original target,'' Bishell said. ''Because of the successes we've achieved, we obviously reframe those targets each year and I've made a commitment to the ABL to break even in two years.''

Canberra also launched its new jerseys for the 2012-13 season.

Meanwhile, Cavalry will align with four charities this season - the Heart Foundation, the Canberra Hospital Foundation, Legacy and Home in Queanbeyan.

It will wear one-off jerseys for each organisation, which will be signed by the players and auctioned off for charity.