I have read from a great many armchair GM's pontificating on how "outrageous" the "spending sprees" have been to date (especially on the FA board). It occured to me to wonder exactly where we are on spending to date. Accordingly, I did a little addition. To do so, I used the TSN salary tracker. It is somewhat imperfect, as it only states actual salaries this year rather than cap amounts (i.e. Gonchar) but it is a reasonable enough indicator for a macro exercise such as this. Here are the numbers: Players signed: 385 Aggregate Salary: $640.747 million Number of Players With Salary "Undisclosed": 33 (mostly fringe-ish players, but a couple of star-level guys) Average Salary So Far For "Disclosed" Salaries: $1.82 million The current projections allow for $1.7 billion in revenues. 54% of that is $918 million. After subtracting $66 million for benefits, available spending before an escrow would be required is $852 million. This leaves $211 million for the 33 undisclosed guys and the 300 other guys (including RFA's, etc.). Conclusion: There are still hundreds more to be spent, and hundreds of guys on whom it will be spent. All of the biggest tickets have been punched. If I am an agent, however, I might be getting a little panicky. Getting your player a minimum level salary is a pretty quick way to get yourself fired.