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Salary Cap

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Old
06-15-2009, 11:27 AM
  #1
ebn
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Salary Cap

When will we know what the salary cap is?

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06-15-2009, 11:32 AM
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jumptheshark
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57 and change ahs been the reported cap

HOWEVER

2010-2011 it is expacted to go down by up to 3million

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06-15-2009, 11:38 AM
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Fourier
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Last year it was June 26th I believe. It will likely be about the same this year.

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06-15-2009, 12:18 PM
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Primakov!
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In an interview, Gary Bettman mentioned that it was up to the players at this point on what they want to do with the escrow. He said for next year it would either be the same $56,700,000 as this season or 5% below that figure at $53,865,000.

That's what he said during the Conference Finals anyway. I'm not aware if he has changed his tune since that time or not.

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06-15-2009, 12:51 PM
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Quote:
Originally Posted by Primakov! View Post
In an interview, Gary Bettman mentioned that it was up to the players at this point on what they want to do with the escrow. He said for next year it would either be the same $56,700,000 as this season or 5% below that figure at $53,865,000.

That's what he said during the Conference Finals anyway. I'm not aware if he has changed his tune since that time or not.
That is most likely quite close approximation. However, the potential 5% kicker is applied to cap midpoint (currently at 48,7), not to the cap ceiling. Therefore, if the current revenue calculations would project cap at 53,865 million, the kicker would bring the cap to 56,16.

In any case, Bettmans projections (56,7 with kicker or 53,865 without kicker) do not match and should therefore not be expected to be accurate, but I would assume them to be quite close approximations.

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