broadwayblue
Registered User
so if i'm correct this years salary cap was based on expected league revenue of about 1.8 billion, with the players guaranteed to make 54% "hockey-related" revenues.
my first question is what is the relationship between this 54% guarantee and the salary cap? i mean teams are under no obligation to spend more than the floor of 21.5 million. so if a team only spends the minimum what happens to the rest of the money? i read something about an escrow account where some money would go to possibly be divided up among the players...but it didn't get specific.
my second question relates to the annual adjustment of the cap based on actual revenue numbers for the previous year. let's say they overestimate actual revenues by some number, assume 10% for argument sake. next years cap would be lowered by some amount (anyone know?) what happens if a team is over the cap because the cap is lowered on them? i was under the impression that a team is not allowed to renegotiate contracts to make them more cap friendly...so what is a team to do?
seems like teams would be wise to keep as much cap space as possible free right now considering nobody really knows how successful the new NHL is going to be. especially the first couple of seasons under the new CBA. should be interesting to see where the league picks up financially speaking.
my first question is what is the relationship between this 54% guarantee and the salary cap? i mean teams are under no obligation to spend more than the floor of 21.5 million. so if a team only spends the minimum what happens to the rest of the money? i read something about an escrow account where some money would go to possibly be divided up among the players...but it didn't get specific.
my second question relates to the annual adjustment of the cap based on actual revenue numbers for the previous year. let's say they overestimate actual revenues by some number, assume 10% for argument sake. next years cap would be lowered by some amount (anyone know?) what happens if a team is over the cap because the cap is lowered on them? i was under the impression that a team is not allowed to renegotiate contracts to make them more cap friendly...so what is a team to do?
seems like teams would be wise to keep as much cap space as possible free right now considering nobody really knows how successful the new NHL is going to be. especially the first couple of seasons under the new CBA. should be interesting to see where the league picks up financially speaking.