Kritter471
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http://www.tsn.ca
Starts with the already-mentioned percentage increasing as the revenues increase.
Mentions the trade deadline and still-fuzzy revenue sharing.
Doesn't that almost definitely mean the floor will move up? Because the cap is set in relation to league revenues and cannot really be predicted this specifically.
Also mentions a drop dead date for RFAs - if they're not signed by Dec. 1, they can't play that season.
Starts with the already-mentioned percentage increasing as the revenues increase.
Another key thing to understand is the cap figure. Yes, it's $39 million, but that doesn't mean you can't have players on your roster whose annual salaries add up to more than $39 million.
You just can't have them on your roster for the whole year. That $39 million figure is not some mythical paper-number, it's how much a team can actually spend on salaries in one year.
So a team that runs way below the cap for most of the year could conceivably add a big salary player at the trade deadline and, on a paper payroll, go over the cap - so long as the actual money spent on salaries stays below $39 million, it's not a problem.
A team could conceivably go into the playoffs with a roster whose salaries add up to more than $39 million. It's all a matter of balancing the books.
Mentions the trade deadline and still-fuzzy revenue sharing.
Some of the lower revenue teams are a little nervous right now, waiting to see how much they'll get and whether that allows them to close the $17.5 million gap between the low and high ends of the new payroll range.
By the way, that gap will close to $16 million after the first year of the deal.
Doesn't that almost definitely mean the floor will move up? Because the cap is set in relation to league revenues and cannot really be predicted this specifically.
Also mentions a drop dead date for RFAs - if they're not signed by Dec. 1, they can't play that season.
The players will have their membership meeting on Wednesday with a ratification vote on Thursday. The NHL Board of Governors will meet and vote on Thursday as well, at which time the draft lottery will be done and the rule changes will be revealed.
Assuming the deal is ratified, then there will be the week-long transitional period for the buyouts and the signing of 2003 draftees to be completed, with the full-up free-agent signing period and unfettered business starting on or around August 1.