Truth & Rumors > NHL
Report: Cap headed above $60M
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08:24 AM ET 05.24 | Good news, hockey fans -- GMs will apparently have some extra money to sign that player you like (or lock you into an unwieldy contract about which you can complain for years). Bill Daly, the deputy commissioner of the National Hockey League, addressed the annual conference of the Sports Lawyers Association over the weekend and revealed that the NHL salary cap will go up as it has each year since the current collective agreement went into effect for the 2005-06 season. ... Since the CBA was reached after the 2004-05 lockout, league-wide revenues have increased by $750-800 million and the cap has increased by more than $20 million a team. The salary cap last season was $59.4 million and Daly said that it could jump to between $60.5 million and $63.5 million for next season.
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Kate Bock
Jessica Perez


Comments (84) Add A Comment
Good news for GMs indeed.
hbomb
Total Comments (25798)
when exactly does the new cap number come out? 63.5 million, how fun, all the teams that managed to play themselves right up against the cap now get an additional 4 million to throw around + salaries will go up yet again. GREAT! If you're going to do a cap, then do it. By having the number go up every season you just reward the teams that bump themselves up against it.
puttin on the foil
Total Comments (7695)
And we criticize the Buttgoblin for what he is doing to the League.
Burgh-Fan
Total Comments (5052)
Kill the Cap.
Slit it's throat.
Drink it's blood....
Hank Kingsley
Port Alberni, BC
Total Comments (11759)
When is cap not a cap? Up is not necessarily always good.
Oldtom in 7potatoes
Total Comments (1649)
and Richards.
Baun-ded=PH in…
Total Comments (3685)
Up is good until it goes down. Then the teams that spend to the cap will scramble.
hbomb
Total Comments (25798)
Yup!!
hbomb
Total Comments (25798)
In my personal experience, I never felt it was a bad thing...;)
Baun-ded=PH in…
Total Comments (3685)
Don't always (well almost never really) agree with Puckhead but I concur on this one. :-)
Canuck eh?
Total Comments (18422)
but if it keeps going up then there is no incentive to plan responsibly, because no matter how many bad contracts you hand out there will always be more cash. There's no responsibility. When teams have to start moving good players around because they mismanaged their funds (think Chicago after winning cup), then and only then would the cap actually be doing what it is supposed to. I don,t like the cap to begin with, I like it less now since it does nothing.
puttin on the foil
Total Comments (7695)
And so if the Hawks had waited another year to win their cup...they may not have had to tear up the team...Is that about right Foil?
Baun-ded=PH in…
Total Comments (3685)
well, had Talon not missed the date he would have saved a few roster spots...so mismanagement cost them. If you're in a hard cap, it should be that way. The spoils should go to the teams that manage their rosters and contracts the best.
The other thing is that a bunch of players got artificially inflated contracts that came from winning. That's the breaks. That's what happens when half of your roster has contracts that come up the same year.
Look at every team that is right up against the cap, many of them (including my Habs) are loaded with bad contracts, but by having a cap that constantly increases it offers no contract stability (prices keep going up because available funds go up, so then when the next player's contract comes up he wants what the other guy got, etc. and you end up in the same vicious cycle they had before the cap), plus it doesn't punish the teams for taking on really bad contracts (i.e: Gomez, Spacek in the case of the Habs).
All i'm saying is that if there is going to be a cap, it should act to reward those that are fiscally responsible and those who make good personnel decisions.
puttin on the foil
Total Comments (7695)
IMO Chicago having to rip apart their team is one of the few decent things the cap did. The team was managed horribly and they didn't plan their salary structure long-term, so they paid a price. Boo frickin hoo.
puttin on the foil
Total Comments (7695)
Right. If.....
Does anything money related go down these days?
Kill the cap.
Eliminate the hypocrisy.
Hank Kingsley
Port Alberni, BC
Total Comments (11759)
Yes. My purchasing power with regards to my salary.
Nobody expects…
Total Comments (13155)
As long as it doesn't go longer than 4 hours ;)
Nobody expects…
Total Comments (13155)
The only thing that is going to happen is there is going to be another major CBA war. The cap has to be going up to much to quickly for many owners. Those owners will inform the rest it needs to be lowered, they will agree, and there will be another huge long fight, as the players are not going to want a cap to go down, considering they didn't even want the cap.
Nard Dog
Total Comments (3364)
I like the Cap. Just look at MLB, you get teams to buy a championchip every yr. This helps stop that and helps smaller clubs compete.
ecugringo
Wexford , PA
Total Comments (160)
yah, if I was one of the cash strapped owners I would be peeved, teams like Boston, Philly, Montreal can play themselves up to the cap every season, then in the offseason they have cash to go run after free agents only because the cap went up. If the cap didn't budge there'd be fewer interested parties...
its a cop-out that gives every team purchasing power that they don't deserve.
I come back to my original point; making bad decisions and signing overrated players should hurt you...but in the current system it doesn't (and it never will), at this point just get rid of it. If the cap was subject to go down THEN we'd be looking at a system that fosters competition and fiscal restraint.
puttin on the foil
Total Comments (7695)
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