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01-23-2010, 11:09 PM
  #43
zz
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Quote:
Originally Posted by rt View Post
Why are we assuming we have to stay at the cap floor? Has something come out recently about this?
Quote:
Originally Posted by jmichael7753 View Post
Ice edge has said when they take over we wont have to be at the cap floor anymore. they said of course they arent talking about the max but they said they will be adding a couple of million past the cap floor.
Ice Edge won't have control of the team before the trade deadline. If all goes well, we can hope for end of the season. So whatever they claim about expected budget won't matter this season.

The team's still losing money. The NHL is still operating under the current lease terms. They need to be able to offload those losses to the new buyers, which will increase the sale price. There's only one interested buyer, and their pockets aren't exactly full.

I can't imagine the league telling Maloney he can commit to anything more than the bare minimum. It simply wouldn't make sense - it would just put the asset and the transaction more at risk.

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