CBC Hot Stove: Cap to go up to 69 mill or 72mill
#1
Posted 11 March 2012 - 01:49 AM
I never saw that cbc broadcast to verify that is what was said, but if thats true, I guess guys like parise and suter are going to get even more money then we all thought. Every team is going to have a chunk more space. Our team will have more then enough cap space......
cue the suter, parise and semin to detroit rumours...
#2
Posted 11 March 2012 - 02:50 AM
Detroit is a prime free agent destination, and will now be able to spend more liberally, but so will a lot of the other Cup-contending teams that were otherwise feeling a cap crunch.
For instance Parise might prefer to not move far, now that the Rangers can now throw big money at him.
The new CBA very well could reduce the percentage of revenue the cap is, so a rollback is possible, like after the lockout.
Edited by egroen, 11 March 2012 - 02:51 AM.
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#3
Posted 11 March 2012 - 04:13 AM
I was going to post pictures of Suter, Parise and Lidstrom next to one another. Couldn't get it to work though.
Hopefully Ken Holland doesn't give up so easily and can get it to work though...
Edited by Nevermind, 11 March 2012 - 04:35 AM.
#4
Posted 11 March 2012 - 07:57 AM
This will be one interesting off-season.
#6
Posted 11 March 2012 - 09:07 AM
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#7
Posted 11 March 2012 - 09:17 AM
Edited by Hatethedrake!, 11 March 2012 - 09:17 AM.
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#8
Posted 11 March 2012 - 09:47 AM
I just shake my head thinking about how the NHL lost an entire season to keep salaries in check. Now the Cap is going from 39 mil to 72 mil in a span of 7 years.
Exactly. It's obvious that the hard cap is not working. Sure, there is more parity among the league, but these inflated contracts are getting out of hand. A soft cap with a luxury tax is by far the best alternative to just completely removing the cap altogether (of which I am in favor).
#9
Posted 11 March 2012 - 09:53 AM
Exactly. It's obvious that the hard cap is not working. Sure, there is more parity among the league
Um, that is the point of a salary cap system.
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#10
Posted 11 March 2012 - 09:59 AM
That is the link above. Hot Stove and Coast-to-Coast are pretty good segments.
#11
Posted 11 March 2012 - 10:01 AM
I wouldn't be surprised to see the players share of revenue decrease by a small amount. I don't believe the cap will go down significantly (if at all), but the owners may want an an extra percent or two of revenues.The cap really is going to be up in the air. The new CBA could reduce, grow, or make the cap irrelevant with a luxury tax system. Lets see how this summer plays out.
The cap is directly related to NHL revenues. The cap has only increased because revenues have increased.I just shake my head thinking about how the NHL lost an entire season to keep salaries in check. Now the Cap is going from 39 mil to 72 mil in a span of 7 years.
#12
Posted 11 March 2012 - 10:09 AM
#13
Posted 11 March 2012 - 11:18 AM
#14
Posted 11 March 2012 - 12:59 PM
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#15
Posted 11 March 2012 - 01:31 PM
Is Milbury using a sunlamp?
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#16
Posted 11 March 2012 - 01:45 PM
As previously stated, the cap has gone up so fast because revenues have gone up so fast.$69 or $72 million? Good thing we missed a year of hockey.
I have a hard time believing the cap will go up. I think the owners will push for a higher percentage of revenues. Players currently get like 57%. The NBA has basically a 50/50 split. It's also looking like the cap may be outpacing spending. Half the league this year is $4M or more under the cap, and only 6 teams are spending at or over. Average cap spending is about $58.8M, around $5.5M under the cap. With long-term deals limiting the FA pool, teams are going to have a tough time finding anyone to give the money to.
I think the players will give up a few points and the cap will stay flat or go down slightly to start the new CBA.
#17
Posted 11 March 2012 - 01:54 PM
Um, that is the point of a salary cap system.
Not really. The point of the cap system is to make the traditionally lesser-spending teams more revenue. Those teams make more money by winning more games and therefore there is parity in the league. My point wasn't really about parity, but that a rapidly increasing salary cap creates an artificial over-inflation of player values and makes the league look silly by annually having to adjust the cap to compensate for spendthrift GMs. Granted, the cap has done some good overall, but needs to be re-worked in the next CBA.
#18
Posted 11 March 2012 - 02:23 PM
Not really. The point of the cap system is to make the traditionally lesser-spending teams more revenue. Those teams make more money by winning more games and therefore there is parity in the league. My point wasn't really about parity, but that a rapidly increasing salary cap creates an artificial over-inflation of player values and makes the league look silly by annually having to adjust the cap to compensate for spendthrift GMs. Granted, the cap has done some good overall, but needs to be re-worked in the next CBA.
The point of the salary cap is to create a level playing field, where big-market, big-revenue teams like DET and NYR can't simply open their vaults and outspend small market teams every time a marquee player enters the free agent market. While all teams are bound by their own financial constraints, the cap ensures there is a minimum and maximum amount each team is allowed to spend on players. I think what you are talking about is revenue sharing, where some money is pooled together from the richer teams and distributed to the poorer teams. That's what gives them more money to spend.
The salary cap is tied directly to league revenues (how much money the league brings in through ticket sales, merchandise sales, television contracts, etc. It is adjusted up or down every year bases on these revenues. The players collectively earn 57% of all money the league brings in. The cap is DESIGNED to be adjusted every year! If the cap was still at $39M, the players would only be making somewhere in the neighborhood of 35% of revenues, not 57% like they are supposed to.
I will go as far as saying that the salary cap saved the NHL. Without it, we'd probably be looking at a 16 team league.
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#19
Posted 12 March 2012 - 01:49 AM
I got excited when I read that earlier thinking it would make Zetter and Franzen stupidly sick steals.
I didn't think anything was set in stone though, because there will be fighting over this CBA. Which I hope doesn't really get heated. I do think the last CBA was the best and most fair of any sport ever in history.
Tootoo does NOT belong on this team. He is classless and I would rather see the Wings be bad than classless. I feel the same way about Bertuzzi as well, but he at least CAN make the team better. With Tootoo the team becomes worse and in danger of being classless. Would you have liked Claude on the team? Or Roy? No. So why would you be okay with that POS.
This thread has been closed due to emotions being higher than people's ability to read, interpret, and properly respond to simple posts.
#20
Posted 12 March 2012 - 10:19 PM
They have to restructure the CBA. The Floor should be optional. If you hit the Floor, you can get revenue sharing, if you want to stay under the Floor and pay out what you bring in, that's fine, but (in my best Soup Nazi voice) "No Revenue Sharing for You!!"
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