Phoenix LXXVI: Renaissance Men
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05-03-2013, 01:15 AM
Join Date: Jan 2013
Location: Glendale, AZ
Ownership absence will likely limit Phoenix Coyotes’ resources to re-sign Mike Smith
"The cap floor is set at $44 million for next season. With only 12 NHL contracts currently on their books totaling approximately $39.6 million, the Coyotes have some spending to do.
How they allocate that money is up to them, according to NHL Deputy Commissioner Bill Daly.
"Team management would have the ability to negotiate and make recommendations as to appropriate contract ‘term’ for league approval," Daly wrote in an e-mail. "So, I wouldn’t agree there are any real limitations on the club’s ability to re-sign Mike Smith, other than those that are related to the team’s overall budget — which is the same situation that most, if not all, clubs deal with on a regular basis.""
Marry! What cutpurse, pray tell, will step forward to stay this madness!
Fare thee well
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