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NHL and NHLPA agree on cap formula

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06-08-2005, 02:14 PM
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Albi
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NHL and NHLPA agree on cap formula

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...

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06-08-2005, 02:32 PM
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Capn Brown
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Does this resolution mean we're going to have a "real" draft???

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06-08-2005, 03:03 PM
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David A. Rainer
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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.

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06-08-2005, 03:25 PM
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Doesnt this practically mean though that we kind of have an agreement i mean this was the problem with that solved isnt the rest easy?

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06-08-2005, 03:38 PM
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Old Hickory
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Doesnt this practically mean though that we kind of have an agreement i mean this was the problem with that solved isnt the rest easy?
It means the biggest hurdle has been conquered. They still have issues like Free agency, arbitration, qualifying offers, amount of games played, and a plethora of others

 
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06-08-2005, 04:03 PM
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Quote:
Originally Posted by kingsjohn
It means the biggest hurdle has been conquered. They still have issues like Free agency, arbitration, qualifying offers, amount of games played, and a plethora of others

I dont know if i should have hope or not....

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06-08-2005, 04:05 PM
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drop the puck!

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06-08-2005, 04:29 PM
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Old Hickory
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I dont know if i should have hope or not....
That stuff is the easy part!

 
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06-08-2005, 04:55 PM
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That's a VERY good start!!!

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06-08-2005, 07:01 PM
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girl4kings
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glad to hear they are finally getting to the core of the problem.

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06-09-2005, 01:06 PM
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Be interesting to see what happens with a transitional cap in the interim so teams can get under the cap with their current revenues and salary structure.

I have to think the Kings are probably middle of the road revenue-wise. Maybe a little higher than the NHL average, but I'm only guessing.

They have a current payroll with 19 players signed right at the cap ($31,475,000). They'd still need a few players and have only 1 or 2 mil total to spend.

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06-09-2005, 01:14 PM
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Old Hickory
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They have a current payroll with 19 players signed right at the cap ($31,475,000). They'd still need a few players and have only 1 or 2 mil total to spend.
That's not including the rollback right?

It'll be interesting to see if the rumored rollback or year of the contracts part happen?

FW, what is their payroll if the 04-05 contracts aren't honored?

 
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06-09-2005, 02:24 PM
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Bob says hold your horses...

http://www.tsn.ca/columnists/bob_mckenzie.asp

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06-09-2005, 05:10 PM
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Face Wash
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Quote:
Originally Posted by kingsjohn
FW, what is their payroll if the 04-05 contracts aren't honored?
I took the numbers from the NHLPA website. Not sure whose contracts died after this '04-'05. That would be what you'd have to find out to know.

My total came from the total of contracts signed going into last season.

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06-09-2005, 06:58 PM
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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.

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06-10-2005, 02:49 AM
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Sam
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Quote:
Originally Posted by kingsjohn
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.

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06-10-2005, 12:04 PM
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Im not going to hold my breath "rumor" has it that a deal will be reached by the end of the month. again I will not hold my breath.

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06-10-2005, 02:03 PM
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King Blazer
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There's a few "others"

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...


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Old
06-11-2005, 06:23 PM
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Kingz4life
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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.

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