According to TSN.ca ...The Globe and Mail reports that the NHL and NHL Players' Association have agreed on a formula for a salary-cap system based on team-by-team revenue...a team-by-team salary floor and cap will based on a percentage of each NHL team's revenue. The paper adds that in the first year - based on revenue projections by both sides - the salary cap will range from $34 million to $36 million US, with the floor from $22 million to $24 million US...
It's just the salary cap that they have apparently come to an agreement on. Would still need to come to an agreement both between the owners and between the owners and players for the draft. Still pending.
Saxon Sports Information and Research
I'm very interested in finding out the Kings cap situtation. I think there will be a 24% roll back because if there isnt one the too many teams would be over the cap. If, anyone can provide more info about our payroll situation then that would be great.
FW, what is their payroll if the 04-05 contracts aren't honored?
According to this post, the Kings have 12 players signed for $20.6M in 2005-06 without any rollback. I believe the signed players are Conroy, Brown, Klatt, Armstrong, Cowan, Avery, Norstrom, Miller, Visnovsky, Gleason, Dempsey, and Garon. With a 24% rollback, the payroll would be $15.676M, plus bonuses.
10 - Kanko - Petr - Signed a three-year contract with the Kings on June 26,2003 - Expires 2006
23 - Brown - Dustin - Signed a three-year contract with the Kings on October 4,2003 - Expires 2006
37 - Grebeshkov - Denis - Signed a three-year contract with the Kings on July 15,2003 - Expires 2006
42 - Gleason - Tim - Agreed to terms on a three-year contract with the Kings on May 30,2003 - Expires 2006
11 - Smyth - Brad - Signed a two-year contract with the Kings on July 16,2004 - Expires 2006
19 - Hogeboom - Greg - Agreed to terms on a two-year deal with the Kings on April 8,2004 - Expires 2006
21 - Ryan - Matt - Signed a three-year contract with the Los Angeles Kings on August 2,2004 - Expires 2007
Pushkarev signed a 3-year, entry level contract with the Kings in September of 2004, so he's locked in until 2007...
Last edited by King Blazer: 06-10-2005 at 02:09 PM.
The NHL and NHLPA met for 4 straight days and I'm not sure how many hours it was but it was A LOT. THEY ARE ALSO GOING TO MEET ON MONDAY! Although there are reports that they might have not actually agreed on the cap formula, they are close. They have made a lot of progress in many different areas and IMO if they keep meeting like this which it looks like they will, the lock out should end either by the end of this month or at the end of next month at the latest. I am really beginning to get optimistic again. I can't wait for the lockout to end so we can head into free agency, conduct a draft, and get the season going in October.