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Salary Cap to rise from $44 million to $50 million next year....?!

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02-14-2007, 09:39 AM
  #1
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Salary Cap to rise from $44 million to $50 million next year....?!

This was discussed on team 1040 by Dave Pratt a few days back, he posted it up on his blog under February 12th.

Quote:
ON THURSDAY THE HEAD OF THE NHL PLAYERS ASSOCIATION TED SASKIN MET WITH THE AGENTS IN TORONTO...

SASKIN NOW PROJECTS REVENUES FOR THIS SEASON OF 2.3 BILLION...

IF THAT'S TRUE THE PLAYERS WILL SEE THEIR PIECE OF THE ACTION INCREASE FROM 54 PERCENT OF GROSS REVENUE TO 55.5 PERCENT...

IT MEANS A SIGNIFICANT BONUS TO EVERY PLAYER IN THE LEAGUE AND NEXT SEASON WILL SEE THE SALARY CAP RISE FROM 44 MILLION TO 50 MILLION...
Is it just me, or is there something wrong with this? Isn't $50 million a little high?

http://prattsrant.blogspot.com/


Last edited by Canucks19*: 02-14-2007 at 09:55 AM.
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02-14-2007, 09:43 AM
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slowly but surely ludicrous contracts will start rolling back in the nhl...ugh

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02-14-2007, 09:45 AM
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Originally Posted by The n00b King View Post
slowly but surely ludicrous contracts will start rolling back in the nhl...ugh
Yep, Suddenly Players like Forsberg have an incentive to stay in the NHL, because teams will be willing to pay the $$$, and Pittsburgh's problem down the road of who they will keep (Crosby,Malkin,Staal,Whitney,Fleury) doesn't seem to be a problem come 2009 and 2010. Suddenly the Canucks "Cap" problems vanish... Even when the cap wasn't there, the highest the canucks payroll got to when Burke was here was about 47 million. Glen Sather must be happy.

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02-14-2007, 09:45 AM
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TaiMaiShu
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How is this going to work?

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02-14-2007, 09:49 AM
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How is this going to work?
Go read it, he explains a bit more, but im not sure how the CBA works when it comes to determining the salary cap for following seasons.

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02-14-2007, 09:51 AM
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50 million??? What the heck.. Last I heard cap would go up 1,5 - 2,0 million.

Wow, it's bit too much for me likey.

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02-14-2007, 09:52 AM
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Originally Posted by Colorado Avalanche View Post
50 million??? What the heck.. Last I heard cap would go up 1,5 - 2,0 million.

Wow, it's bit too much for me likey.
That is what i thought too, i wanted to get your guys' input on it...

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02-14-2007, 09:54 AM
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most teams won't even spend that much money so its almost back to the way it was before the lockout.

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02-14-2007, 09:55 AM
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Originally Posted by canucks fan106 View Post
most teams won't even spend that much money so its almost back to the way it was before the lockout.
Exactly, the canucks highest payroll when burke was here was somewhere in the 47 million range...

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02-14-2007, 09:55 AM
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Originally Posted by The n00b King View Post
slowly but surely ludicrous contracts will start rolling back in the nhl...ugh
Start rolling back in?

Ludicrous contracts never went anywhere. General Managers just started to get more creative.

In 2021 Rick Dipietro will still be on his current contract. If you are currently in High School, you will most likely have kids entering their first years of grade school and if you have children currently in their middle years of grade school you could be a Grandparent by the time The Rick's current contract expires.

If that isn't Ludicrous I don't know what is.

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02-14-2007, 09:57 AM
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Yeah, but I think they were saying that 1,5 - 2,0 million at least a few months ago. Lots of things might have changed since then.

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02-14-2007, 09:58 AM
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Originally Posted by Colorado Avalanche View Post
Yeah, but I think they were saying that 1,5 - 2,0 million at least few months ago. Lots of things might have changed.
This is after Saskin projected that revenue is up to 2.3 billion, does anybody know what the revenue was last year?

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02-14-2007, 10:00 AM
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Remember two years ago when all the pro-owners shills on here gloated about how the players were so stupid to reject the $42M cap, because they'd "never, ever, ever" make that much in a new CBA.

A higher cap will make it difficult for some teams to compete in signing players. Hmmm...maybe significant revenue sharing would've helped. I have no sympathy whatsoever for any team who can't afford to keep their players. This was the deal the owners and Bettman wanted; nobody to blame but themselves.

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02-14-2007, 10:00 AM
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I read in SI that they expect a huge revenue flow coming in from the new style uniforms, don't know if that's the answer or not.

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02-14-2007, 10:01 AM
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Originally Posted by The n00b King View Post
slowly but surely ludicrous contracts will start rolling back in the nhl...ugh
McCabe dig in 3.... 2.... 1....

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02-14-2007, 10:03 AM
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Are things really improving that much financially in the NHL? The League needs to be careful about continually increasing the Cap or else it'll be right back where it was before, with a lot of smaller market teams struggling. I for one don't want that lockout to end up being all for nothing.

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02-14-2007, 10:06 AM
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Are things really improving that much financially in the NHL? The League needs to be careful about continually increasing the Cap or else it'll be right back where it was before, with a lot of smaller market teams struggling. I for one don't want that lockout to end up being all for nothing.
It won't be back where it was before as there is a min and max cap.

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02-14-2007, 10:07 AM
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This reminds me of a company by the name of ENRON..... how is it possible the NHL has made revenues jump so much in one season.... Dave Pratt also says

Quote:
THE NHL IS IN SERIOUS TROUBLE...
OVER THE WEEKEND THE NATIONAL POST OBTAINED A CONFIDENTIAL LEAGUE DOCUMENT THAT CONFIRMED WHAT MOST HOCKEY PEOPLE ALREADY KNEW...

DESPITE THAT FACT 26 OF THE 30 TEAMS IN THE LEAGUE INCREASED TICKET PRICES THIS SEASON...GATE RECEIPTS ARE DOWN IN 9 OF THE 24 AMERICAN MARKETS...
ADD TO THAT...

ALL THE HYPE ABOUT RECORD LEAGUE ATTENDANCE FOR THE MONTH OF JANUARY WAS JUST THAT HYPE...

THE NUMBERS INCLUDED THOUSANDS AND THOUSANDS OF GIVEWAYS THAT WERE ALL COUNTED WHETHER THE TICKETS WERE USED OR NOT...
Something is not adding up....

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02-14-2007, 10:09 AM
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I fail to see the point in having a cap if it's just going increase a large amount every year.

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02-14-2007, 10:11 AM
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Originally Posted by Jimmi Jenkins View Post
I fail to see the point in having a cap if it's just going increase a large amount every year.
It only increases according to Revenue and Profit, it can also go down i guess...

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02-14-2007, 10:11 AM
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Is the cap a solid number that's calculated from hard numbers, or is it a number based on the hard numbers, as in does the league have much control of the cap?

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02-14-2007, 10:11 AM
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Good. Maybe now it can be seen an advantage to actually have fans...

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02-14-2007, 10:13 AM
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Originally Posted by Honus Joglund View Post
McCabe dig in 3.... 2.... 1....
McCabe sucks, he makes way too much money, he's not worth it!!!

Heh...I don't understand, if they keep on making it rise, whats the point of a salary cap?

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02-14-2007, 10:13 AM
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Originally Posted by Stajan14 View Post
McCabe sucks, he makes way too much money, he's not worth it!!!

Heh...I don't understand, if they keep on making it rise, whats the point of a salary cap?
The cap is linked to revenues(54%). So if revenues increase...the cap increases....if revenues go down...the cap goes down.
No real problem there.

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02-14-2007, 10:14 AM
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Quote:
Originally Posted by Canucks19 View Post
It only increases according to Revenue and Profit, it can also go down i guess...
Good luck trying to do that, the players will loose their minds if they even think of trying that.

The NHL could potential destroy what they sat out an entire season to achieve.

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