70-75 sounds reasonable. I would call that relatively close to where it is. I was just pointing out that there is definitely a limit to how high we should want the cap to go to. Obviously with inflation and stuff factored in.
That's true...and that was pretty much my initial point. Cap was originally expected to be somewhere like 68-70 - the closer to that number the negotiations got (especially considering it's just year 1 of the new CBA and then would drop) the better for us. We could really have used the extra 5-6m this year.
But all in all staying at last year's number is a good compromise and I'm glad we can get this season started.
I'm also interested to see how these new variance rules affect Geno's next contract.
Well, the real problem was Letang taking so long to sign with the KHL.
It looked just a few days ago like the season was lost. Letang signs in the KHL, and it's pretty clear that the league and players made a deal to shut up the French Canadian media's collective outrage at the thoughts of one of their own playing in Russia.