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Salary cap 68-69M?

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Old
02-17-2012, 11:29 AM
  #1
Kaktus*
 
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Salary cap 68-69M?

Quote:
Temporary salary cap
In what has been a vastly under-the-radar story, a buzz item among NHL GMs these days is how they’re going to approach this summer with what will be a higher but temporary salary cap number.

Confused?

The collective bargaining agreement doesn’t expire until Sept. 15 at midnight ET.

But NHL teams have to conduct business under this current CBA until then. As per the current system, the salary cap is once again expected to rise as of June 30 from the current $64.3 million upper limit to as high as $68 million to $69 million, according to guesstimates from some team executives.

That new cap number will exist only from June 30 to whenever a new CBA comes into effect.

The obvious issue is that most teams believe the cap will go down in the new CBA as owners try to scale back the players’ percentage of revenues (the players will have a mighty say in that, however).

So, you could have a situation where the cap is around $69 million for the summer and then much lower come the fall with a new CBA (again, the players will have a say in that).

This will force teams to come up with their own internal cap number based solely on guesswork this summer, because the last thing a team wants is to have a $69 million payroll on Aug. 30 and then be told it needs to shed a chunk of it come the new CBA in the fall.

Either way, just another wrinkle for this summer’s free-agent market.
http://espn.go.com/blog/nhl/post/_/i...kely-to-happen

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02-17-2012, 11:35 AM
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A rise of almost 4-5 million? wow.

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02-17-2012, 11:39 AM
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02-17-2012, 11:50 AM
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If it goes up to 68-69 million the Flyers could try to catch to big fishes on the market. Looking at you Suter and Parise. Management seems like they want to get a sure top line player with Giroux, Parise would fit that to a t.

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02-17-2012, 11:57 AM
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Quote:
Originally Posted by nitroglycerin View Post
That new cap number will exist only from June 30 to whenever a new CBA comes into effect.
Not all that exciting once you read this detail. It's basically just a replacement for the 110% summer cap when/if the CBA expires.

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02-17-2012, 12:01 PM
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Raising the cap and allowing teams to spend and then cutting it a couple weeks later and forcing them to purge players from their roster doesn't really make sense.

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02-17-2012, 12:05 PM
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Quote:
Originally Posted by Protest View Post
Raising the cap and allowing teams to spend and then cutting it a couple weeks later and forcing them to purge players from their roster doesn't really make sense.
This.

If the cap decreases from this yr, Flyers will be in trouble. I for one would like it to increase to the higher estimates under the current CBA (68 - 69 million)

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02-17-2012, 12:06 PM
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Quote:
Originally Posted by Protest View Post
Raising the cap and allowing teams to spend and then cutting it a couple weeks later and forcing them to purge players from their roster doesn't really make sense.
exactly

I don't understand why the CBA would expire Sept 15th

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02-17-2012, 12:11 PM
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Beef Invictus
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I can see this ending in utter disaster for the Flyers. I wouldn't be shocked.

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02-17-2012, 12:17 PM
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Quote:
Originally Posted by Protest View Post
Raising the cap and allowing teams to spend and then cutting it a couple weeks later and forcing them to purge players from their roster doesn't really make sense.
Quote:
Originally Posted by FlyersFan61290 View Post
This.

If the cap decreases from this yr, Flyers will be in trouble. I for one would like it to increase to the higher estimates under the current CBA (68 - 69 million)
Quote:
Originally Posted by RJ8812 View Post
exactly

I don't understand why the CBA would expire Sept 15th
You all understand that those guys who spend the money are the same guys who regulate how much is spend?

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02-17-2012, 12:21 PM
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Quote:
Originally Posted by Rick Deckard View Post
You all understand that those guys who spend the money are the same guys who regulate how much is spend?
Theirs also teams in the league that don't spend and don't want the lower limit to go up...

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Old
02-17-2012, 12:22 PM
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Quote:
Originally Posted by Rick Deckard View Post
You all understand that those guys who spend the money are the same guys who regulate how much is spend?
Obviously but they arent the only ones making the decision. If it were up Snider no doubt it would go up but teams like the islanders wouldn't want that. Raising the cap ceiling raises the cap floor meaning teams like the islanders have to pay more and they're bleeding out as is.

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02-17-2012, 12:23 PM
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Quote:
Originally Posted by Rick Deckard View Post
You all understand that those guys who spend the money are the same guys who regulate how much is spend?
I'm sure a decent amount of those guys wouldn't want the cap to increase, and the teams that have the money to spend would. So if the teams at the top spend a lot and the cap doesn't increase as much as they thought, it's on them, but why let something like that be able to happen in the first place?

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02-17-2012, 12:28 PM
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Quote:
Originally Posted by Beef Invictus View Post
I can see this ending in utter disaster for the Flyers. I wouldn't be shocked.
Well, for starters, we won't be stuck with the full cap hit of ELC bonuses.


Hartnell (4.20) - Claude Giroux (3.75) - Briere (6.50)
vanRiemsdyk (4.25) - Schenn (0.90) - Read (0.90)
Voracek (3.50~) - Couturier (0.93) - Simmonds (1.75)
Rinaldo (0.54) - Talbot (1.75) - Sestito (0.60~)
xxxxxx

Timonen (6.33) - Coburn (4.50)
Meszaros (4.00) - xxxxxx
Gustafsson (0.90) - xxxxx
Bourdon (0.90~)

Bryzgalov (5.67)
Bobrovsky (0.90)

TOTAL: 52.77
SALARY CAP: 64.30
SPACE: 11.53

PROJECTED CAP: 68.50
PROJECTED SPACE: 15.73



I think we're okay...

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Old
02-17-2012, 12:32 PM
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The point is that they decide that themselves, there isn't another power which decides how much is spent. And this season 16 teams spent $60MM or more, more than half of the league spends to the upper limit

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02-17-2012, 12:35 PM
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BernieParent
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Could this tidbit of news be a shot at the NHLPA in advance of negotiations? A higher cap means higher salaries for the players, and they'd be pretty ticked if the new CBA scuttled this type of gain. It struck me as if the owners were saying, "We could have all this extra money to pay to you guys, but we can't because your union is creating uncertainty with the new CBA."

Notwithstanding the confounding element of player escrow amounts, is that an oversimplified conspiracy theory?

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02-17-2012, 12:53 PM
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The Cap was always anticipated to see a huge rise this offseason. It's based on the previous year's league revenue. Given that this is the first year of the new TV deal with Versus/NBC Sports, the average team revenue is up tremendously. The new TV deal was a $125 million/year increase over the previous deal.

If the Cap goes up before a new deal is signed, they'll almost have to offer a contract amnesty/buyout clause to allow teams to meet the new cap number, just as they did after the lockout.

All this does is mean that free agents this year could see better contracts than they might have otherwise (ie Suter at 7m/yr, etc).

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Old
02-17-2012, 01:55 PM
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Quote:
Originally Posted by Broad Street Elite View Post
The Cap was always anticipated to see a huge rise this offseason. It's based on the previous year's league revenue. Given that this is the first year of the new TV deal with Versus/NBC Sports, the average team revenue is up tremendously. The new TV deal was a $125 million/year increase over the previous deal.

If the Cap goes up before a new deal is signed, they'll almost have to offer a contract amnesty/buyout clause to allow teams to meet the new cap number, just as they did after the lockout.

All this does is mean that free agents this year could see better contracts than they might have otherwise (ie Suter at 7m/yr, etc).
It's also because of the Thrashers moving to Winnipeg.

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Old
02-18-2012, 07:57 PM
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This could mean really interesting things at the deadline ala the tagging rule no?

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