Kukla's Korner Hockey
Entries with the tag: salary+cap
Salary Cap Making Trades Complicated
by Alanah McGinley on 11/18/08 at 12:12 PM ET
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From Paul Kukla at NHL.com:
This is the main reason we are not seeing many trades early in the season—the cap situation prevents it.
You may say, “But my team is way below the cap, they can afford so-and-so.” True, but do remember, teams have established their own internal cap figure and may not want to go above it for budgetary reasons.
So, the first thing that should be in your mind when you think of or read about a possible trade is, does it fit within the cap. If not, move on and start thinking of a trade that not only will make sense, but also fit within the salary-cap structure.
Filed in: NHL Talk | KK Hockey | Permalink
Tags: hockey+trades, salary+cap,
Hockey Economics
by Alanah McGinley on 08/19/08 at 01:53 PM ET
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Tom Benjamin at Canucks Corner responds to a reader question on the impact of the latest exchange rates on league revenue, the salary cap and revenue sharing.
First, I don’t think the Canadian dollar will necessarily stay where it is. The value of the dollar is tied to oil prices and I expect energy prices to rise, not fall. Second, even if the Canadian dollar continues to fall, the impact next year will not be enough to actually drop NHL revenues. If all other things remain more or less equal - the league “enjoys” a small increase in real revenues - the salary cap would still go up a little bit. Third, any adverse impact of the changing Canadian dollar will fall mostly on the Canadian teams. It will mostly help the revenue challenged teams in the United States if the salary cap level stabilizes.
Read on for more, including how the American economy may continue to negatively affect the NHL this coming season.
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
Tags: salary+cap,
Running Out of Money
by Alanah McGinley on 07/11/08 at 10:58 AM ET
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From Bruce Garrioch at the Ottawa Sun,
That means Ottawa only has $9.8 million left to sign winger Antoine Vermette and defenceman Andrej Meszaros while it searches for a second-line winger and a puck-moving defenceman.
The Senators usually like to keep $1 million for injuries or a possible move at the trade deadline, so Murray is in a bit of a pickle as he awaits Vermette’s arbitration case.
A league executive predicted yesterday that based on Vermette’s 24 goals and 29 assists last season, he’ll probably be awarded around $3.5 million in arbitration. The executive said the $3.75-million average salary R.J. Umberger, who had 13 goals and 37 assists last season, recently signed for with Columbus is a good comparison.
Filed in: NHL Teams, Ottawa Senators | KK Hockey | Permalink
Tags: Andrej+Meszaros, Antoine+Vermette, arbitration, salary+cap,
At The Cap
by Paul on 07/09/08 at 07:12 AM ET
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from Pat Hickey of the Montreal Gazette,
It’s a tossup which team is in the worst position vis-a-vis the salary cap in the NHL, the Los Angeles Kings or the Anaheim Ducks.
The Kings are $12 million below the $40-million floor and they have been non-players in the free-agent market. They do have some restricted free agents like Jarret Stoll and Patrick O’Sullivan to sign, but they might be forced to overpay just to meet the minimum.
The Ducks are one of four teams that are currently above the $56.3-million cap. They have overspent by $2.4 million and it can’t all be Kevin Lowe’s fault. Other teams over the cap are the Philadelphia Flyers, Chicago Blackhawks and the Calgary Flames.
more NHL topics…
Filed in: NHL Teams, NHL Talk | KK Hockey | Permalink
Tags: salary+cap,
Looking at those Free Agent Salaries
by Alanah McGinley on 07/04/08 at 02:16 PM ET
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CBC asks the question, “What’s behind the big NHL free-agent salaries?”
“Shocked."
That’s the word New Jersey Devils general manager Lou Lamoriello used when asked for his reaction to the amount of money tossed around on July 1, the first day of the National Hockey League’s free-agency period.
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
Tags: free+agents, salary+cap,
Juggling the Salary Cap in Philly
by Alanah McGinley on 05/26/08 at 02:15 PM ET
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From Lyle Richardson at The Hockey News,
GM Paul Holmgren would like to re-sign restricted free agents Jeff Carter, R.J. Umberger and Randy Jones, but with over $47 million already committed to next year’s payroll, Holmgren probably won’t have enough cap space to retain the three even though the upper limit is expected to rise to around $56 million next season.
Holmgren also has to consider whether to retain any of his unrestricted free agents. Vaclav Prospal, Jason Smith, Jaroslav Modry and Jim Dowd fall into that category and if speculation in the Philadelphia media is anything to go by, Holmgren will cut those players loose and focus on re-signing his younger talent.
But not retaining his impending UFAs won’t solve Holmgren’s cap problem; he’s going to have to consider other options.
more... plus a look at the Dallas Stars
Filed in: NHL Teams, Dallas Stars, Philadelphia Flyers | KK Hockey | Permalink
Tags: contracts, free+agents, salary+cap,
Alarm Bells
by Alanah McGinley on 02/08/08 at 01:39 PM ET
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From Marty Henwood at Hockey.com,
So, humor me again, if you will. What, exactly, was the NHL lockout for?
Because, my friends, we are on the express route to another work stoppage.
According to reports, the NHL salary cap will rise once again next season.
Alarm bells, anyone?
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
Tags: cba, salary+cap,
Budgeting for J.P. Dumont
by Alanah McGinley on 01/21/08 at 12:12 PM ET
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From John Glennon at the Tennessean,
Said Dumont: “The contract stuff is not really in my hands. We would definitely like to stay here, but we’ll see. If it happens, it happens. Hopefully it will.’’
The only question regarding a re-signing of Dumont would be money. The Predators already have some relatively large salaries on the books for next season — Jason Arnott ($4.5 million), Legwand ($4.5 million), Steve Sullivan ($3.2 million), Marek Zidlicky ($3.2 million) and Chris Mason ($3 million).
Assuming Poile still plans to re-sign the key restricted free agents, will Dumont’s next salary fit the budget? Dumont is paid $2.5 million, but after posting a career-best 66 points last season and assuming he stays on course for 60 points this season, he’ll be due more money in the future.
more…
*Nashville’s current salary cap situation.
Filed in: NHL Teams, Nashville Predators | KK Hockey | Permalink
Tags: contracts, j.p.+dumont, salary+cap, UFA,
Wanted- Goal Scoring Help
by Paul on 12/03/07 at 08:19 AM ET
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from On the Islanders Beat,
Because salaries are pro-rated against the cap on a daily basis, when they reach the mid-point of the season, the Islanders will have the ability to take on players whose contracts total up to $15 million at that point because half their salaries already will have been paid. So, cap room isn’t a problem.
But since the NHL isn’t a fantasy league, the trouble is finding someone who is ready to give up a goal scorer. That’s not likely to happen much before the Feb. 26 trade deadline. At a time when the Islanders have gone 12 straight games without scoring more than two goals (not counting the shootout goal against Ottawa), that’s why they must look within for help.
Filed in: NHL Teams, New York Islanders | KK Hockey | Permalink
Tags: new+york+islanders, salary+cap,
Habs Will Spend Aggressively
by Paul on 11/05/07 at 07:01 PM ET
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from the CP,
Gillett said that despite the rising value of the loonie, the NHL’s salary cap will keep the team’s payroll in check.
But a stronger dollar allows the hockey club to spend aggressively and continue to build with younger players and supplement with free agents.
“No matter what happens with the exchange rate, up or down, we’re going to spend aggressively toward the cap,” he said.
Filed in: NHL Teams, Montreal Canadiens | KK Hockey | Permalink
Tags: montreal+canadiens, salary+cap,
