Stamkos Agrees To Five-year, $37.5m Contract With Lightning
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07-06-2011, 10:47 AM
Good Luck Richie!
Join Date: Apr 2011
Originally Posted by
Well they don't need to raise the floor that much, if at all.
Anyone have the cap floor numbers since the inception of the cap? As compared to the ceiling?
I'm pretty sure the first year of the cap, the cap ceiling was 39 million, and the cap floor was around 21 million. Somewhere along the line the changed the formula for calculating the floor. It used to be 55% of the cap ceiling. Now its 16 million less than the cap ceiling.
I don't think too many people predicted it would rise as much as it did. But people seem to think this is a huge problem for the League. The cap is rising because the league is bringing in a lot more money than before.
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