Thread: Salary Cap: $64.3M Upper Limit for '11-'12
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02-17-2011, 06:21 AM
  #220
RangerBoy
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Brooks wrote about the summer cap situation in relation to any trade deadline additions signed past this season.

Quote:
Even if the summer cap is close to $70 million, the Rangers have to be careful if they intend to be in on Brad Richards, which they most certainly do.

The Blueshirts have about $41.1 million on the summer cap, including $6.5 million for Wade Redden but not including a nickel for Group II free agents Ryan Callahan, Brandon Dubinsky, Brian Boyle, Artem Anisimov and Sauer, who likely will combine for $13-15 million.

That $41.1 million number also does not include Chris Drury, who will be in at $7.05 million if he remains on the roster, or $3.717 million if there's a June buyout.
Read more: http://www.nypost.com/p/sports/range...#ixzz1EDYVlYQ6

For the summer cap to be close to $70M,the cap will need to increase from $59.4M to $63.5M. $69.85M. Earlier this season,Brooks wrote it was not a guarantee the NHLPA would exercise their 5% bump. Escrow deductions have decreased as the season has progressed.

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