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Great news, PA estimates that the cap will be approximately $56.3M

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Old
03-30-2008, 03:27 PM
  #51
Kirk Muller
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Originally Posted by GN85 View Post
I feel bad for Ovechkin.
me too.

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Old
03-30-2008, 03:34 PM
  #52
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Originally Posted by GN85 View Post
I feel bad for Ovechkin.


Ovechkin is a BILLIONAIRE in Russia.

Now how can one feel bad for him?

130 million US dollars = 3 Billion russian rubles ...

Now he well live comfortable in either place im sure.

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03-30-2008, 03:37 PM
  #53
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It's good news for the habs.

The current set of good core rookies need to be signed so they can stay. the next set of great rookies ( Subban, Webber, Valentenko, Emelin, Maxwell,Pach,White,McDonah) won't be ready for 2 years.
This means the Habs can keep and play the whole prospect pool for years. It took a long time to amass a great pool, it's all about to really pay off.

In two years, players like the Kostitsyn bros, Pleks,Higgins,Latendresse, Komi,Markov are at their Prime time just when the new crop comes up.

The Habs should be loaded up at every position on 4 lines and still have great backup players. IT"S HUGE.

Other teams will have strong teams and that all good and well but the Habs will count themselves as one of the very top teams for years ( 3-4 at least)

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03-30-2008, 03:40 PM
  #54
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Originally Posted by znk View Post
it pretty much has the opposite effect.

A city like Quebec for example would have alot more chance with a low cap.
Wouldnt a team spending 60mill a year and drawing 12000 average be worse off than a team spending the same amount and drawing 17000 average?

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03-30-2008, 03:50 PM
  #55
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So many people here waiting for a day that will never come - when teams can't afford to sign their best players and other team's free agents fall from the sky.

Montreal is a strong team adding pieces, a rising salary cap can't be seen as anything but good news.

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03-30-2008, 04:40 PM
  #56
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Originally Posted by dead View Post
Wouldnt a team spending 60mill a year and drawing 12000 average be worse off than a team spending the same amount and drawing 17000 average?
Depends on the Luxury Box and TV deal situation of both teams....

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03-30-2008, 05:12 PM
  #57
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Originally Posted by earl the habs fan View Post
So many people here waiting for a day that will never come - when teams can't afford to sign their best players and other team's free agents fall from the sky.

Montreal is a strong team adding pieces, a rising salary cap can't be seen as anything but good news.
It is good news, except for the fans, because the NHL is a gate driven league, as the cap goes up, so do ticket prices...if Bettman doesn't get some major revenue from TV soon, who knows how much fans in a Canadian city will have to pay to see an NHL game...

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Old
03-30-2008, 05:38 PM
  #58
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Originally Posted by Chomsky View Post
So Pittsburgh might be able to keep all their People, great....
How? The team almost went bankrupt when the max was 45 million...what makes you think they can keep up with salaries at 60 million?

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03-30-2008, 05:49 PM
  #59
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Originally Posted by HabsoluteFate View Post
How? The team almost went bankrupt when the max was 45 million...what makes you think they can keep up with salaries at 60 million?
They have the best viewers rating in the US, I doubt that money should be a problem for them at this point and in the near future.

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Old
03-30-2008, 06:20 PM
  #60
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Originally Posted by Chomsky View Post
They have the best viewers rating in the US, I doubt that money should be a problem for them at this point and in the near future.
I doubt they re-negociate their TV deals every year.

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Old
03-30-2008, 06:37 PM
  #61
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Originally Posted by HabsoluteFate View Post
How? The team almost went bankrupt when the max was 45 million...what makes you think they can keep up with salaries at 60 million?

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Old
03-30-2008, 07:14 PM
  #62
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Originally Posted by <Mr Jiggyfly> View Post
We'll see when that happens...thats still not guarantees that they will get the corporate sponsorship.

The Nordiques couldnt survive...even if the Nordiques would have gotten a 20,000 seat arena and probably sold out every game it wouldnt have been enough unless they got proper corporate sponsorship

and someone else mentioned their tv viewership...how much money out of that does the Penguins get? The NHL's television deals are a
JOKE

Edit: By the way i'm not against the Penguins...they are my 2nd favorite team and are more of a Hockey market than Tampa Bay, Florida, etc etc

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Old
03-30-2008, 07:17 PM
  #63
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Originally Posted by Lone Rogue View Post
My question is, if it ends up hitting, say, $70M cap due to a league wide revenue jump one year, and then all that money disappears due to a league scandal, how do they force teams to drop the cap?
Maybe there is something in the CBA that forces all NHL players to take a roll-back pay if the cap drops.. ?

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03-30-2008, 07:19 PM
  #64
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Quote:
Originally Posted by dead View Post
Wouldnt a team spending 60mill a year and drawing 12000 average be worse off than a team spending the same amount and drawing 17000 average?
it's not about how many you draw....it's about how much money you make and how deep the owner's pockets are.

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Old
03-30-2008, 07:35 PM
  #65
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Originally Posted by Team_Spirit View Post
I doubt they re-negociate their TV deals every year.
It's not about the TV deal, but more about the Fan Base, new Arena, etc.

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Old
03-30-2008, 08:09 PM
  #66
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Raising the cap favours the spenders. The Habs are not renowned for pushing that envelope

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Old
03-30-2008, 08:45 PM
  #67
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Originally Posted by BLONG7 View Post
It is good news, except for the fans, because the NHL is a gate driven league, as the cap goes up, so do ticket prices...if Bettman doesn't get some major revenue from TV soon, who knows how much fans in a Canadian city will have to pay to see an NHL game...
The ticket prices are not driven by the cap.... Its the other way around actually...

The price of tickets is set by the fans.... If the team raises them to too high a level to where the fans are no longer willing to buy them, then they will have to drop the price. Its simple economic theory of supply/demand curves.

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Old
03-30-2008, 08:47 PM
  #68
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Originally Posted by JrHockeyFan View Post
Raising the cap favours the spenders. The Habs are not renowned for pushing that envelope
We've spent up to the cap for both of the first two years it was in existence... .This year gillet said we could spend up to the cap again... Only reason we aren't doing that is because bob couldn't get Briere, smyth, or some other forward free agent to sign with us July 1st, and also couldn't get Hossa at the deadline.

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Old
03-30-2008, 09:13 PM
  #69
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Quote:
Originally Posted by HabsoluteFate View Post
We'll see when that happens...thats still not guarantees that they will get the corporate sponsorship.

The Nordiques couldnt survive...even if the Nordiques would have gotten a 20,000 seat arena and probably sold out every game it wouldnt have been enough unless they got proper corporate sponsorship

and someone else mentioned their tv viewership...how much money out of that does the Penguins get? The NHL's television deals are a
JOKE

Edit: By the way i'm not against the Penguins...they are my 2nd favorite team and are more of a Hockey market than Tampa Bay, Florida, etc etc
They'll get the corporate sponsorship no problem because Pittsburgh is still home to many large national corporate headquarters. That's not why the Pens are going to have the money to spend to the cap however. The new arena deal allows the Penguins to make money off of every event that takes place in the arena, which means the Penguins will be making money off of non-hockey events year round.

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Old
03-30-2008, 09:20 PM
  #70
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Quote:
Originally Posted by HabsoluteFate View Post
We'll see when that happens...thats still not guarantees that they will get the corporate sponsorship.

The Nordiques couldnt survive...even if the Nordiques would have gotten a 20,000 seat arena and probably sold out every game it wouldnt have been enough unless they got proper corporate sponsorship

and someone else mentioned their tv viewership...how much money out of that does the Penguins get? The NHL's television deals are a
JOKE
I really don't want to go into the whole reasons for the bankruptcy, but Baldwin made several huge gaffes that almost forced the team out of town.

The revenue will be there - the corporate sponsorship has always been there. But again because of Baldwin's mistakes and side deals to finance the purchase of the team back in '92, the Pens didn't receive much sponsorship and arena revenue, aside from ticket sales.

The Pens now have a season ticket waiting list and the new arena coming in the '10 season.

Burkle said last month he will spend to the cap to keep the team together.

If that means they will try to sign Hossa, who knows - but if this cap increase does happen the money is there to do so.

They may decide to go another direction if Hossa flames out in the playoffs.

Quote:
Edit: By the way i'm not against the Penguins...they are my 2nd favorite team and are more of a Hockey market than Tampa Bay, Florida, etc etc
There is no doubt this is a hockey market...

The Pens have been in the top 3 US television ratings locally over the last 15 years (even when they blew).

Thursday's game agt. the Isles got the highest ratings for a Pens game since Mario's comeback game agt. Toronto.

And as I mentioned above the team now has a season ticket waiting list... not bad when you consider the Steelers reside here.

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Old
03-30-2008, 09:36 PM
  #71
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Quote:
Originally Posted by dead View Post
Maybe we can finally get rid of some of the "bum" markets in the states and bring in/back a canadian team if the're ready (arena/season tickets).
I don't think the cap will go as high as projected over the next years for hockey.
some markets won't be able to follow... the preds almost didn't have the minimum paid attendance required by the league to qualify for revenue sharing... the coyotes are losing a lot of money (30 million last season), the panthers too.

i wonder what the owners will ask for the next CBA... i guess removing the salary cap floor is a possibility...

as for the possiblity of a new team in canada, we'll see. bettman keeps saying that if the league has to transfer a franchise or expand, they will also look for markets in canada (québec, hamilton or winnipeg). my guess is that one canadian city will get a team and an american team will get the other one (since there will be most probably 2 teams in the next expension) in the next expansion. and quebec could be closer to the nhl than many people think nobody in 1972 thought quebec could get a nhl team someday... and in 1979, we got it. having no arena doesn't help of course... but we have still seen (in the past) many exemples of cities that obtained franchises and built a new arena after.


Last edited by tiredman: 03-30-2008 at 09:45 PM.
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Old
03-30-2008, 09:39 PM
  #72
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That's awesome.

Now the Rags can sign Hossa too.

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Old
03-30-2008, 10:29 PM
  #73
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Quote:
Originally Posted by SOLR View Post
A US recession will most likely bring Canada into it as well.(At least eastern Canada)
Maybe, maybe not. They're being hurt by two things: oil and the mortgage crisis. Canadian banks while hurt by the American crisis did not do the same thing in Canada, thus we do not have the foreclosures, the job losses and the freaking tent cities (like they now have in LA).

Also, the oil that kills their economy is actually a benefit as we're largely regarded as a petroleum dollar.

Obviously, it doesn't help us to see them down and our trade will suffer, especially if our dollar goes up against theirs. However, largely, I am not sure a recession will hit us right away and in this particular instance, it's really only the dollar that we need to worry about too heavily unless something extreme happens. The better the Canadian dollar, the better for the NHL.

Most people overlook this. The NHL cap has gone up since the lockout because of the dollar, and pretty much only the dollar. The TV contract isn't any bigger, attendance is up, but again, mostly in Canada. In the US, it is up marginally, but not nearly enough to explain the huge increase in revenue that has boosted the cap.

If the Canadian dollar falls suddenly, the cap will go right back down.

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