Speculation: 90% of the league's cap dollars already spent and teams trying to shed salary

[leaffaninvancouver]

Good. Maybe gms will learn not to give huge deals for one season wonders or mediocre players. Doubt it though

Punishing teams because they couldn’t predict a pandemic isn’t really fair.

The cap was never expected to be flat or decrease.

 

[93gilmour93]

The hard cap needs to go.

Yup. Many teams are going to financially struggle for years because of covid and a few teams will be on the brink or have to relocate. A luxury tax to get all those extra millions of dollars to the small market teams every year could make the difference in a city losing their team. The hard cap will kill teams going forward but a luxury tax would save them.....

 

[Gotaf7]

Hard cap is here to stay, ALL owners love it.

 

[93gilmour93]

Hard cap is here to stay, ALL owners love it.

Till owners start losing their team

 

[Harvey Birdman]

The only thing corona did was stop the cap from going up 3mil. This is entirely an issue of GMs constantly over spending with zero foresight.

Wrong. It stopped all gate revenue which the NHL is highly dependent on. So now essentially every NHL team is operating at a loss and will be till they can get full fan capacity in the arenas. Which will drive down what they are willing to pay for players in most aspects till it can be solved.

 

[FissionFire]

Can’t wait to see what sort of kings ransom Yzerman extracts from some team to take on their bad contract. Teams are going to start getting really desperate soon.

 

[RWatson29]

Oops

 

[DearDiary]

Meanwhile Jack Johnson was signed for $1.15 million

 

[Leafmealone11]

Yup. Many teams are going to financially struggle for years because of covid and a few teams will be on the brink or have to relocate. A luxury tax to get all those extra millions of dollars to the small market teams every year could make the difference in a city losing their team. The hard cap will kill teams going forward but a luxury tax would save them.....

A luxury tax? If the numbers are true a team like Nashville lost 11 million and has 47 million in gate receipts meaning a half full arena with the same players and personnel would lose 34 million. An empty rink with no changes would lose 58 million.
A luxury tax would maybe get 1 million to the poor teams the losses they are looking at is a nightmare.
A team like the sharks made ten million but they have 73 million in ticket sales on the line

 

[King 88]

Punishing teams because they couldn’t predict a pandemic isn’t really fair.

The cap was never expected to be flat or decrease.

Deserved. When you build your team thinking cap will go up and up and up year after year.

 

[2020 Cup Champions]

Yup. Many teams are going to financially struggle for years because of covid and a few teams will be on the brink or have to relocate. A luxury tax to get all those extra millions of dollars to the small market teams every year could make the difference in a city losing their team. The hard cap will kill teams going forward but a luxury tax would save them.....

Hard cap is here to stay, ALL owners love it.

Would contracts with non-guaranteed money make a difference?

 

[93gilmour93]

Would contracts with non-guaranteed money make a difference?

I think that would be a hard sell with the PA

 

[seanlinden]

That's not exactly what I meant.

I fully understand ticket prices are based entirely off of supply and demand, both pre cap and now.

My argument is that in the pre cap world, big market fans paid outrageous prices for tickets, but the tradeoff was it created a financial advantage for our team to pay more on players.

In the cap world, big market fans still pay outrageous prices for tickets, but at no tradeoff of the team paying more on players (or at least a much smaller tradeoff). Especially now with most teams at the cap ceiling.

The fair solution was to cap BOTH player salaries and ticket prices. That's what's most fair to all fans. But that of course would never happen, because being "fair" to fans was never the goal. Just making more money.

Isn't it better that ticket prices be uncapped, thereby "encouraging" fans to watch the team that they can afford to?

 

[Throw More Waffles]

Isn't it better that ticket prices be uncapped, thereby "encouraging" fans to watch the team that they can afford to?

So fans should change hockey teams and move to a new city based entirely on hockey ticket prices?

 

[93gilmour93]

A luxury tax? If the numbers are true a team like Nashville lost 11 million and has 47 million in gate receipts meaning a half full arena with the same players and personnel would lose 34 million. An empty rink with no changes would lose 58 million.
A luxury tax would maybe get 1 million to the poor teams the losses they are looking at is a nightmare.
A team like the sharks made ten million but they have 73 million in ticket sales on the line

For it to work we need the fans back in the arenas before anything. No gate will be the death blow to a few teams but get the fans back in the building, luxury tax and maybe more has to be done after that to help some teams but the league will need help from the financial muscle of the league like NYR, Montreal, Toronto ect......

 

[Throw More Waffles]

Deserved. When you build your team thinking cap will go up and up and up year after year.

Those GM's were just basing it off of 20 years of cap era precedent. Nobody could have predicted a pandemic.

 

[seanlinden]

So fans should change hockey teams and move to a new city based entirely on hockey ticket prices?

It makes as much sense as capping ticket prices.

Why would you want the league as a whole to leave money on the table?

 

[Throw More Waffles]

It makes as much sense as capping ticket prices.

Why would you want the league as a whole to leave money on the table?

Right. Why would they. The only "loser" with the hard cap are the fans in big markets. Clearly the nhl doesn't give a shit about them. They take advantage of them. It's just money. That's the precise problem I'm pointing out.

 

[leaffaninvancouver]

It makes as much sense as capping ticket prices.

Why would you want the league as a whole to leave money on the table?

Because it’s exhausting as a fan to see tickets being used as coupons for one team and paying the highest price in the league. Seeing a game in Toronto is priced out for a lot of our fans.

 

[Leafmealone11]

Those GM's were just basing it off of 20 years of cap era precedent. Nobody could have predicted a pandemic.

Well to be fair the players were going into CBA negotiations and were pissed about the amount of escrow and were determined to keep the cap from rising until they erased some escrow it was obvious some sort of freeze or adjustment was 100% on the way

 

[seanlinden]

Right. Why would they. The only "loser" with the hard cap are the fans in big markets. Clearly the nhl doesn't give a shit about them. They take advantage of them. It's just money. That's the precise problem I'm pointing out.

The NHL is a business, they are out there to make money, which means charging whatever the market will bear -- not support a secondary/scalper market.

 

[seanlinden]

Because it’s exhausting as a fan to see tickets being used as coupons for one team and paying the highest price in the league. Seeing a game in Toronto is priced out for a lot of our fans.

Yes it is -- but the way to solve that isn't to place an artificial cap, it would be to increase capacity or come up with less expensive ways for fans to become immersed (better tv production)

 

[Mikeshane]

These players and owners have no problem squeezing the fans so why exactly would the fans care about this other than to give a good hearty chuckle. I think the NHL collapsing would be a positive.

 

[Throw More Waffles]

The NHL is a business, they are out there to make money, which means charging whatever the market will bear -- not support a secondary/scalper market.

I'm perfectly fine with that... as long as that's what the PLAYERS AND MANAGEMENT also agree to. Just keep it a free market supply and demand business across the board.

But to be "free market supply and demand" for tickets but create a socialized cba... that's what I'm calling bullshit on. It's not fair to the fans.

But yes, otherwise I fully agree. The nhl is a business and doesn't give the slightest of shits about being fair to the fans.

So what seems to be happening here is that you point out what the reality is. I counter that the reality is unfair to fans of large market teams. Then you respond by simply pointing out what reality is again. Please understand that you don't need to keep pointing out how it really works. I know how it really works. I'm criticizing how it really works.

 

[Gabe Kupari]

If Covid forces a team who cant draw flies on shit like Florida to relocate or go away or Arizona to do the same, good.

Fact is... Florida and Arizona are in huge trouble. Huge. Panthers and Yotes won't survive much longer. Some talk that Arizona is basically on life support right now.