So the NHL has a soft cap now?
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01-06-2013, 10:05 AM
Join Date: Nov 2003
Location: North Texas
Originally Posted by
Teams can spend to 70 million, but the "cap" is 64.2 and the floor is 40.
Do I have this right? Is this not a soft cap?
For this season only the cap is $44-$60 million, but teams can spend $70.2 million. Players
owners didn't want to have major movement of players with such a short camp and the summer cap was $70.2 million.
Next season will be $44-$64.3 Million, but the players still only make 50% of HRR with zero escrow limits. I believe that the cap ceiling can not fall below $64.3 million over the life of the CBA, but revenues should be high enough by year 3 to make this moot. Players still only make 50% of HRR and will suffer higher escrow the first few seasons.
The floor should move with revenue.
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