Setting the cap
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12-17-2005, 01:52 PM
Join Date: Jun 2003
Location: Gardnerville, NV
Originally Posted by
Yes. The way is to apply the formula.
THe percentage varies slightly according to revenue. 53% at the current level, which goes up to 54 and 55 at certain levels (see the NHL CBA FAQ).
Multiply the revenue by the players' percentage.
Deduct from that figure the players' benefits of about $66 million.
Divide that figure by 30 to find the average payroll per team.
Add $8 million. That is the cap.
Deduct $8 million. That is the floor.
Can't get any more simple than that.
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