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2007-08 Salary Cap set @ $50.3 million

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06-29-2007, 01:31 PM
  #1
Puck U
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2007-08 Salary Cap set @ $50.3 million

http://www.tsn.ca/nhl/news_story/?ID=212226&hubname=nhl

Sources tell TSN that for the 2007-08 season, the salary cap will rise to a maximum of $50.3-million. That is a $6-million increase from this past season when the cap was set at $44-million.

Under terms of the collective bargaining agreement, teams must spend at least $34.3-million on salaries next season.

This is the third straight season the salary cap has risen since the end of the NHL lockout when the cap was set at $39-million.

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06-29-2007, 01:35 PM
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So the Kings have about 25M to spend on RFAs/UFAs/etc? They will probably have around 20M to spend on UFAs once they get Cammalleri and the other RFAs signed.

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06-29-2007, 01:54 PM
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Originally Posted by LeftKinger View Post
So the Kings have about 25M to spend on RFAs/UFAs/etc? They will probably have around 20M to spend on UFAs once they get Cammalleri and the other RFAs signed.
I actually think that number is higher. When Eklund was doing his Salary Cap thread he had the cap at 48.5 million. And that he had us at like 26 million in cap space. I think we have around 29 million in cap space. With only JLB and Cammy to be re-signed. But I may be wrong.

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06-29-2007, 02:16 PM
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Modry signed a one year deal worth $10 million.

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06-29-2007, 02:27 PM
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$10 million Pesos isn't too bad actually I thought it woulda been worse seeing as how he made $1.9 Mil {USA} dollars last year

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06-29-2007, 02:56 PM
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To go from 39 to 50 in two years is silly & defeats the whole point of the cap, IMHO.

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06-29-2007, 02:59 PM
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Originally Posted by The Daleks View Post
To go from 39 to 50 in two years is silly & defeats the whole point of the cap, IMHO.
It's going to be horrible for a lot of teams if the cap ever drops after a year where it increases so much like this year.

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06-29-2007, 03:31 PM
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the NHL is back to where is was before the strike. a few teams spending lots of money because they will still be profitable and most teams spending well under the cap. the teams that spend the most money will continue to be mediocre and the teams that draft well will continue to be the elite. hopefully, DL is ahead of the curve on this one.

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06-29-2007, 04:46 PM
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Primakov!
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Quote:
Originally Posted by riseandfall9 View Post
I actually think that number is higher. When Eklund was doing his Salary Cap thread he had the cap at 48.5 million. And that he had us at like 26 million in cap space. I think we have around 29 million in cap space. With only JLB and Cammy to be re-signed. But I may be wrong.
I don't know about 29 million. I've got the following number for cap space:

Code:
Rob Blake		$6,000,000 
Jack Johnson		$2,150,000 
Lubomir Visnovsky	$1,824,000 
Jaroslav Modry		$1,200,000
	
Alexander Frolov	$2,900,000 
Derek Armstrong		$1,500,000 
Scott Thornton		$1,500,000 
Dustin Brown		$1,175,000 
Anze Kopitar		$955,867 
Patrick O'Sullivan	$850,800 
Brian Willsie		$850,000 
Alyn McCauley		$666,667 (Buyout Amount)
Kevin Dallman		$477,500 
Raitis Ivanans		$475,000 
	
Dan Cloutier		$3,100,000 

NHL Salary Cap		$50,300,000
Total Salary		$26,324,834
Cap Space		$24,675,166

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06-29-2007, 05:17 PM
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Quote:
Originally Posted by tomd View Post
the NHL is back to where is was before the strike. a few teams spending lots of money because they will still be profitable and most teams spending well under the cap. the teams that spend the most money will continue to be mediocre and the teams that draft well will continue to be the elite. hopefully, DL is ahead of the curve on this one.
a few key differences are the revenue sharing and the max player salary. Imagine Crosby if he were free agent and there was no max, it would just drag everything up tremendously. The max salary helps control the growth.

Plus, the cap grows with revenue growth. So theoreticlaly each team should be able to afford to spend up to the new cap, based on how much revenue they generate.

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06-29-2007, 05:22 PM
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riseandfall9
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Quote:
Originally Posted by Primakov! View Post
I don't know about 29 million. I've got the following number for cap space:

Code:
Rob Blake		$6,000,000 
Jack Johnson		$2,150,000 
Lubomir Visnovsky	$1,824,000 
Jaroslav Modry		$1,200,000
	
Alexander Frolov	$2,900,000 
Derek Armstrong		$1,500,000 
Scott Thornton		$1,500,000 
Dustin Brown		$1,175,000 
Anze Kopitar		$955,867 
Patrick O'Sullivan	$850,800 
Brian Willsie		$850,000 
Alyn McCauley		$666,667 (Buyout Amount)
Kevin Dallman		$477,500 
Raitis Ivanans		$475,000 
	
Dan Cloutier		$3,100,000 

NHL Salary Cap		$50,300,000
Total Salary		$26,324,834
Cap Space		$24,675,166

I was under the impression that Johnson's cap hit was 850,000. And only goes up if he hits certain numbers as a rookie. And I also didnt count Dallman . But It seems like your more accurate.

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06-29-2007, 05:32 PM
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tomd
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Quote:
Originally Posted by KingPurpleDinosaur View Post
a few key differences are the revenue sharing and the max player salary. Imagine Crosby if he were free agent and there was no max, it would just drag everything up tremendously. The max salary helps control the growth.

Plus, the cap grows with revenue growth. So theoreticlaly each team should be able to afford to spend up to the new cap, based on how much revenue they generate.
I agree on the max salary helping to control growth but there are two key differences:
1. if the NHL were still under the old CBA then Crosby (and those like him) wouldn't become UFA's until they were at least 31. Crosby at 31 or older has a different (and lower) value than he would at 25.
2. Most teams are not spending up to the cap because they are still losing money. I'm not an expert but I believe the NFL re-distributes all revenues while the NHL re-distributes only part of the total revenues generated. in the NHL, big market cities still have the same advantage they used to - they are just a bit more constrained by the cap limit. if 2/3 of the teams cannot afford to spend to the cap and 1/3 can afford it, then you still have the same 2 tiered league that you did before.

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06-29-2007, 05:42 PM
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Quote:
Originally Posted by riseandfall9 View Post
I was under the impression that Johnson's cap hit was 850,000. And only goes up if he hits certain numbers as a rookie. And I also didnt count Dallman . But It seems like your more accurate.
The team is forced to leave that CAP room in place in case the player DOES reach incentives, therefore assuring the team Doesn't go over at the end of the year. Even still it seems a few teams managed to go over the Cap last year, and I think they get penalized by that amount the following year ? or something like that ? but if they go over and the CAP just goes up next {this} year like it did, are those teams really paying a penalty ? or just finding a way around to beat the systme ? Yes I'm looking at you New Jersey

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06-29-2007, 05:59 PM
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The difference between now and then was back when salaries were outrageous the league was paying over 70% of it's revenue in salary. Now it cannot be more than 55% of league-wide salary going to player salaries.

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06-29-2007, 07:27 PM
  #15
riseandfall9
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Quote:
Originally Posted by Puck U View Post
The team is forced to leave that CAP room in place in case the player DOES reach incentives, therefore assuring the team Doesn't go over at the end of the year. Even still it seems a few teams managed to go over the Cap last year, and I think they get penalized by that amount the following year ? or something like that ? but if they go over and the CAP just goes up next {this} year like it did, are those teams really paying a penalty ? or just finding a way around to beat the systme ? Yes I'm looking at you New Jersey
Yeah. The rule is that it has to be under the cap by the drop of the puck on the first Game. So NJ got under just in time with that trade they made with San Jose

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06-29-2007, 09:11 PM
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Quote:
Originally Posted by Primakov! View Post
I don't know about 29 million. I've got the following number for cap space:

Code:
Rob Blake		$6,000,000 
Jack Johnson		$2,150,000 
Lubomir Visnovsky	$1,824,000 
Jaroslav Modry		$1,200,000
	
Alexander Frolov	$2,900,000 
Derek Armstrong		$1,500,000 
Scott Thornton		$1,500,000 
Dustin Brown		$1,175,000 
Anze Kopitar		$955,867 
Patrick O'Sullivan	$850,800 
Brian Willsie		$850,000 
Alyn McCauley		$666,667 (Buyout Amount)
Kevin Dallman		$477,500 
Raitis Ivanans		$475,000 
	
Dan Cloutier		$3,100,000 

NHL Salary Cap		$50,300,000
Total Salary		$26,324,834
Cap Space		$24,675,166

Looks about right ... plus

Quote:
As we head into Sunday, the Kings' cap figure sits at approximately $27 million. It should be a very interesting couple days...
http://www.insidesocal.com/kings/200...ee_agency.html

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06-29-2007, 09:19 PM
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According to http://www.nhlnumbers.com/lak.html, Johnson's cap hit is $2.85M, not $2.15M, Primakov. That pushes the team cap hit to $27,024,834, almost exactly the "27 million" figure that Lombardi just told Hammond, as PuckU just pointed out.

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06-30-2007, 01:24 AM
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Primakov!
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Originally Posted by Osprey View Post
According to http://www.nhlnumbers.com/lak.html, Johnson's cap hit is $2.85M, not $2.15M, Primakov. That pushes the team cap hit to $27,024,834, almost exactly the "27 million" figure that Lombardi just told Hammond, as PuckU just pointed out.
I'm going off of what Irish Blue has on his spreadsheet, and I simply trust his information source (Dean Lombardi) more than I do that particular website.

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