Can You Explain Salary Cap/Karmanos Cap To Me?
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11-11-2009, 10:15 AM
Join Date: May 2003
Originally Posted by
When I read about the NHL teams and their owners, I understand that we have the salary cap and the basics of that, but then I always read that Rutherford is constrained by Karmanos' own cap??? I read that Karmanos might not be rich enough to own an NHL team, and that he does everything related to owning a team, in the cheapest way, and that, of course, ultimately affects the team that takes the ice. How can we expect to compete with teams like the Red Wings, the Penguins, etc. if this is true??? What is the "Karmanos Cap?"
(Bear with me ... I'm new to hockey and the NHL ... just since 2002.)
This simply means he has his own salary cap dollar figure that he does not want to spend more than, which falls well short of the salary cap enforced by the league. Yes, it does affect JR and what team he can put on the ice, but I don't see it as something that should prevent us from competing with teams like Detroit, Pittsburgh, or Philadelphia...
Essentially this means JR has a few million less to play with in terms of signing free agents or trading for bigger name players; which in turn may give some other teams an advantage as they are free to go after and sign top end players by using the entire cap. I dont think it makes us that much less competitive, it just means JR has to be that much smarter/craftier in the moves he does make.
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