Thread: Salary Cap: $64.3M Upper Limit for '11-'12
View Single Post
07-04-2012, 12:48 PM
Registered User
Ola's Avatar
Join Date: Apr 2004
Location: Sweden
Country: Sweden
Posts: 18,944
vCash: 500
Originally Posted by RangerBoy View Post
The NHL never proposed a rollback in their proposals in 2004. Bob Goodenow came up with the 24% as a way of ending the lockout and not accepting a cap. The stupid players association came around to accepting when it was too late to save the season and then the NHL insisted on the rollback as part of the deal. If the NHLPA had agreed to the NHL deal in the summer of 2004,there is no 24% rollback.

The upper limit was $64.3M. If that number is kept for 12-13 and 13-14 and if it drops to $62M,no need for a rollback. Don't spend to $70M this summer. Show some financial restraint. The NBA players accepted a % cut. No rollback. The cap in 11-12 and 12-13 can't be lower than the 10-11 cap of $58M. The minimum payroll was raised. Revenue sharing dollars increased. Those dollars go towards teams reaching the minimum payroll. They have a different name than the NHL. They don't call it the floor. If there is a lockout and 1/2 the season is lost,they will set the cap for the rest of 12-13 and 13-14. The 13-14 cap is based on 12-13 revenue and they cap will plummet if its not a set number.

Each % point represents $30M.

NBA deal established the parameters for the NHL deal.
Tell that to Minny!

Ola is online now   Reply With Quote