News: Bettman: Cap will be between 79.5 and 80 mil

[hockeykicker]

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[Empoleon8771]

Dang, I was hoping it would have ended up over $80 million.

 

[SI90]

That’s disappointing for a few teams looking to spend.

 

[Goulet17]

At that level, any idea about the floor? Does the floor rise proportionately to the increase in the cap?

 

[Liferleafer]

At that level, any idea about the floor? Does the floor rise proportionately to increase in the cap?

As a Leafs fan....what the hell is a cap floor?

 

[TheDoldrums]

That's good. I don't want it going up too much now that the Leafs will be handing out extensions based on cap hit percentage.

 

[mouser]

At that level, any idea about the floor? Does the floor rise proportionately to the increase in the cap?

Floor is 73.9% of the cap Ceiling.

edit: minor correction

 

[Stuzchuk]

following the 5.6% inflation average that the cap have increased since the '05 lockout, 79.25M would be right on the dot

 

[XXIV97]

79.75 M confirmed by me

 

[Stuzchuk]

Floor is 75.6% of the cap Ceiling.

so at around 59.5M-60.0M

 

[LEAFANFORLIFE23]

If it's going to be at least 79.5 million you may as well go to 80

 

[justafan22]

so at around 59.5M-60.0M

Sens right now are projected right at the line.

 

[Whileee]

As a Leafs fan....what the hell is a cap floor?

Y = k + (k-(X+Z))

Where:

Y = Salary Cap Floor
X = Arizona Coyotes actual salary costs
Z = Cap-eligible salary in Arizona Coyotes' "dead" contracts, not requiring actual salary compensation
k = Constant, which is calculated annually as 0.85 x Adjusted Midpoint of the NHL Payroll Range