Cap going up to $64-mil

Mike · Post by **Mike** » Mon Jun 20, 2011 12:06 am

http://www.tsn.ca/nhl/story/?id=369480

MSP4LYFE · Post by **MSP4LYFE** » Mon Jun 20, 2011 12:19 am

With the National Hockey League Entry Draft less than a week away and the potential for trades escalating this week and next with the free agency period looming, the salary cap will be going up by nearly $5 million next season.

Clubs and agents are being told next year's salary cap will be set at an upper limit of $64 million with a floor of $48 million.

During the 2010-11 season, the salary cap had an upper limit of $59.4 million.

The league's cap - entering its seven season under the current collective bargaining agreement - has risen every year since the end of the NHL lockout when the cap was set at $39-million.

bma · Post by **bma** » Mon Jun 20, 2011 12:50 am

Good!!

bma · Post by **bma** » Mon Jun 20, 2011 1:04 am

On second thought..this just means that more teams will be players on July 1st and more teams will also be able to keep their own guys.

Post by **Monk** » Mon Jun 20, 2011 1:05 am

thats great new for a team like philly, now they can have a bit easier time fitting in bryz

Mike · Post by **Mike** » Mon Jun 20, 2011 1:06 am

I like, but I can't believe we had a fucking lockout for this shit...

Robin Hood · Post by **Robin Hood** » Mon Jun 20, 2011 1:34 am

4.8M cap increase going towards fitting in Sid the Kid whose cap hit is becoming easier to fit in year-by-year

.

Tony · Post by **Tony** » Mon Jun 20, 2011 2:37 am

$48m for the floor? Seems I have some work to do ...

Nick · Post by **Nick** » Mon Jun 20, 2011 2:49 am

Holy shit that's high... really what's the purpose of the cap @ this stage?

Post by **hong57** » Mon Jun 20, 2011 3:14 am

lol.. i hope nhl is not trying to let another lockout happen.. i duno what will happen to this league if so (we can't last a summer how can we last more than that?)

Post by **Shep** » Mon Jun 20, 2011 8:08 am

That floor is fucking insane.

Post by **Chuck Norris** » Mon Jun 20, 2011 8:36 am

SuperMario wroteCOLON4.8M cap increase going towards fitting in Sid the Kid whose cap hit is becoming easier to fit in year-by-year .

Shiv his salary may get less year by year but his cap hit remains the same on your roster through 2012-13.

Post by **Shoalzie** » Mon Jun 20, 2011 9:06 am

Great for the league if they're jumping it up that much. When they negotiate the next CBA, the owners can't cry poverty because revenues appear to be up and getting better each year. It's encouraging for the health of the league if it continues to go up and if a lot of the teams can spend up near that amount. I'm excited this offseason as a Wings fan, that's for sure. Whether they have Nick back or not, they'll be a major player in free agency.

Lee · Post by **Lee** » Mon Jun 20, 2011 9:07 am

Shoalzie wroteCOLONGreat for the league if they're jumping it up that much. When they negotiate the next CBA, the owners can't cry poverty because revenues appear to be up and getting better each year. It's encouraging for the health of the league if it continues to go up and if a lot of the teams can spend up near that amount. I'm excited this offseason as a Wings fan, that's for sure. Whether they have Nick back or not, they'll be a major player in free agency.

Apparently theres a presser for 11 am to announce a 1 year extension.

Post by **Shoalzie** » Mon Jun 20, 2011 9:16 am

Kezia wroteCOLON
Shoalzie wroteCOLONGreat for the league if they're jumping it up that much. When they negotiate the next CBA, the owners can't cry poverty because revenues appear to be up and getting better each year. It's encouraging for the health of the league if it continues to go up and if a lot of the teams can spend up near that amount. I'm excited this offseason as a Wings fan, that's for sure. Whether they have Nick back or not, they'll be a major player in free agency.
Apparently theres a presser for 11 am to announce a 1 year extension.

Yeah, just saw the news on HF...great news!

(I'm sure Shiv is happy)

armandtanzarian · Post by **armandtanzarian** » Mon Jun 20, 2011 11:23 am

I like this. Helps me keep Seabrook and his raise. It is all relative to the increase in revenues i guess. Expect to see some bigger payouts on Jul 1.

Post by **Shoalzie** » Mon Jun 20, 2011 2:30 pm

$6.2 million for one year for Lidstrom

http://www.freep.com/article/20110620/S ... ext|Sports

Robin Hood · Post by **Robin Hood** » Mon Jun 20, 2011 3:47 pm

Habber wroteCOLON
SuperMario wroteCOLON4.8M cap increase going towards fitting in Sid the Kid whose cap hit is becoming easier to fit in year-by-year .
Shiv his salary may get less year by year but his cap hit remains the same on your roster through 2012-13.

lol chuck i meant that Sid's 8.7M salary was a bigger proportion of the cap in 2009 than in 2010 etc etc. every year as the cap goes up, Sid's cap hit occupies a smaller proportion of the cap space available.

Robin Hood · Post by **Robin Hood** » Mon Jun 20, 2011 3:47 pm

Shoalzie wroteCOLON$6.2 million for one year for Lidstrom

http://www.freep.com/article/20110620/S ... ext|Sports

WHAT UP!

Nick · Post by **Nick** » Mon Jun 20, 2011 3:50 pm

Really not a shocker though.

I figure he'll know it's time to retire the first time one of his shots gets blocked.

Buds Board Keepers League

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