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TSN - Expected 2009-2010 Cap at $55M

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Old
11-20-2008, 06:36 PM
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MountainHawk
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TSN - Expected 2009-2010 Cap at $55M

http://www.tsn.ca/nhl/story/?id=2566...headlines_main

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According to a report in the Globe and Mail, an NHL source says that barring a miraculous recovery by the economy, players stand to lose all their escrow money, which would essentially drop the salary cap from $56.7 million this season to about $48 million next season.

...

The source told the Globe and Mail the salary cap is expected to drop for the first time next season, but only to about $55 million. But with revenues expected to drop during the course of next season, the difference would be made up from the players' escrow fund.
If it goes that ugly, man, the Flyers might be in some trouble. I think we are committed to something like 9 players for $39M (Briere, Richards, Gagne, Carter, Hartnell, Lupul, Cote, Timonen, Sbisa.)

Yikes.


If the economy looks like it might be turning around, I wouldn't be shocked to see the NHL and NHLPA agree to tinker with the kicker option to get the $55M to $56.7M and keep it flat for one season.

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11-20-2008, 06:51 PM
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mm6492
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uh-oh. This stinks if it lowers

I guess we would move someone like Lupul??

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11-20-2008, 06:52 PM
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How about an even lower figure?:

http://www.globesports.com/servlet/s...rtsHockey/home

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11-20-2008, 07:02 PM
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MountainHawk
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That's the same number. The cap will still be $55M, but essentially, the player will return like 15% of their salaries via escrow.

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11-20-2008, 07:07 PM
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My comment in the OP is referring to the 2010-2011 seasons, which is when it would hit the actual cap, not just the escrow.

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11-20-2008, 07:10 PM
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Originally Posted by MountainHawk View Post
That's the same number. The cap will still be $55M, but essentially, the player will return like 15% of their salaries via escrow.
Ah, gotcha. I, admittedly, did not read your link before I posted mine.

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11-20-2008, 07:16 PM
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Haute Couturier
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We won't even be able to fit JVR in under the cap as it stands.

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11-20-2008, 07:38 PM
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That was supposed to be dropping for years. The players have the option to re-open the CBA, so perhaps at the owners' beckoning, they'll re-open it to allow extra revenue streams to count towards the cap. I don't know what that would be, but they'll figure it out, all the while raising ticket prices at the same time.

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11-20-2008, 11:53 PM
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Quote:
Originally Posted by go kim johnsson 514 View Post
That was supposed to be dropping for years. The players have the option to re-open the CBA, so perhaps at the owners' beckoning, they'll re-open it to allow extra revenue streams to count towards the cap. I don't know what that would be, but they'll figure it out, all the while raising ticket prices at the same time.
Erm...the players were scouring the books for every possible revenue stream because their potential salaries were DIRECTLY tied to how much money they could attach. I'll be shocked if they could find something else to attach...if they do, it proves the original negotiators were incompetent.

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11-21-2008, 07:13 AM
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If we could just cut players like in the NFL or CFL, there wouldn't be as much of a problem

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11-21-2008, 08:58 AM
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If we could just cut players like in the NFL or CFL, there wouldn't be as much of a problem
They just "released" one of the scrub contracts, so it might be possible in some cases--which I wasn't aware of. Obviously that isn't going to work for NHL contracts.

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11-21-2008, 10:26 AM
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Quote:
Originally Posted by Jester View Post
Erm...the players were scouring the books for every possible revenue stream because their potential salaries were DIRECTLY tied to how much money they could attach. I'll be shocked if they could find something else to attach...if they do, it proves the original negotiators were incompetent.
We lost a whole season because if incompetent negotiators, so I wouldn't put it past them.

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11-21-2008, 10:32 AM
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coughcoughKHLcough

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11-21-2008, 10:40 AM
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Originally Posted by JagerPuck View Post
coughcoughKHLcough
The one having problems paying its players?
http://communities.canada.com/edmont...n-roloson.aspx

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11-21-2008, 11:42 AM
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Originally Posted by go kim johnsson 514 View Post
We lost a whole season because if incompetent negotiators, so I wouldn't put it past them.
No, we lost a whole season because of greed, not incompetence. Don't mistake the two...and greed is a pretty good motivator to suck the teet of NHL financials dry.

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11-21-2008, 01:29 PM
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get rid of the cap!!!!!


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Old
11-21-2008, 02:28 PM
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Quote:
Originally Posted by Jester View Post
No, we lost a whole season because of greed, not incompetence. Don't mistake the two...and greed is a pretty good motivator to suck the teet of NHL financials dry.
Greed...it's what nailed Nicky Scarfo

Incompetence...got Giovanni "John the Wop" Stanfa


You guys better read up or all my mob references will fly over your heads!

That said, I think the NHL will find a way for the cap to remain the same or rise marginally.

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Old
11-21-2008, 04:48 PM
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Originally Posted by Libertine View Post
We won't even be able to fit JVR in under the cap as it stands.
Would be interesting to see if they consider pushing him back to UNH just to keep him off the books if things came to that.

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11-21-2008, 05:06 PM
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Originally Posted by CantSeeColors View Post
Would be interesting to see if they consider pushing him back to UNH just to keep him off the books if things came to that.
if that's what they had to do, that's what they'd do. regardless whether or not he was ready.

i think both sides will wiggle a little and the team won't die for it.

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Old
11-21-2008, 06:39 PM
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RJ8812
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oh well, so we just move Briere

case solved

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Old
11-22-2008, 09:37 AM
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Originally Posted by RJ8812 View Post
oh well, so we just move Briere

case solved
What part of 'no movement clause' do you not understand. No trades, no waivers, no going to the minors.

Briere will be a Flyer until June 30, 2015, unless he retires.

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11-22-2008, 11:48 AM
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Originally Posted by MountainHawk View Post
What part of 'no movement clause' do you not understand. No trades, no waivers, no going to the minors.

Briere will be a Flyer until June 30, 2015, unless he retires.
Buy him out later in the contract?

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11-22-2008, 11:53 AM
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Jester
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Originally Posted by Dig Out Your Soul View Post
Buy him out later in the contract?
This I'm actually curious about. All these front-loaded contracts...if we buy them out, are we capable of lowering their cap hit once we get to those tail years?

Briere's contract ends with some absurdly small numbers as I recall.

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11-22-2008, 12:05 PM
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Quote:
Originally Posted by Jester View Post
This I'm actually curious about. All these front-loaded contracts...if we buy them out, are we capable of lowering their cap hit once we get to those tail years?

Briere's contract ends with some absurdly small numbers as I recall.
Yeah I believe that's how it works (keep in mind my earlier comments about being stupid when it comes to economics). 2/3rds of the remaining salary over twice the remaining years is my understanding of what counts against the cap.

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11-22-2008, 12:10 PM
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As an example, Darcy Tucker was owed $9M over the remaining three years of his deal. The Leafs bought him out at 2/3rds, $6M, which will be paid out over twice the length of the remaining years, six years. So their cap hit for buying out Tucker is $1M for 6 years.

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