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The New Economic World
by Paul on 03/11/09 at 04:42 PM ET
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from Bob McKenzie of TSN,
Judging by comments made at Wednesday’s annual general managers’ meetings, there’s no question that there is a new world economic order coming to the NHL.
I don’t want to say that they’ve been in a Fool’s Paradise for the last three or four years in this new salary cap world, but in some ways that’s what it has been. The cap has gone from $39 million to almost $57 million. Whatever difficulties teams have had in terms of navigating around the cap have been negligible compared to what they’re going to face going forward….
A team like the Detroit Red Wings knows that they can’t sign Marian Hossa, Johan Franzen, Mikael Samuelsson and Jiri Hudler, so they’re going to have to make hard decisions and say goodbye to some of these players. There’s going to be some real pain and suffering for NHL teams as they try to build their clubs going forward.
Filed in: NHL Teams, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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