TSN Radio Daly Announced 2016-2017 Cap will Remain Flat - How Does This Impact the Leafs?

[Xscout*]

nhl better be careful pinching their pennies.

while they're alienating the PA and ignoring the untapped canadian markets to provide 2 hockey teams to florida and another in the desert.

the KHL is expanding into china and in a couple years is gonna have a TON of money to try to poach some NHL stars. not just Russians either.

better be careful.

 

[hotpaws]

nhl better be careful pinching their pennies.

while they're alienating the PA and ignoring the untapped canadian markets to provide 2 hockey teams to florida and another in the desert.

the KHL is expanding into china and in a couple years is gonna have a TON of money to try to poach some NHL stars. not just Russians either.

better be careful.

how are they pinching pennies and alienating the players ?

certain owners already had tons of money and the NHL didn't lose anyone outside of the odd Russian

 

[Mats13]

nhl better be careful pinching their pennies.

while they're alienating the PA and ignoring the untapped canadian markets to provide 2 hockey teams to florida and another in the desert.

the KHL is expanding into china and in a couple years is gonna have a TON of money to try to poach some NHL stars. not just Russians either.

better be careful.

You have no idea how the cap works, do you?

The cap is tied to HRR, if there isn't as much HRR as was initially expected, the cap will not increase as much as expected.

The owners don't just choose whatever cap they want...

 

[Seras]

Do you realize that Ducks had one of the lowest caps (8th lowest) and only a couple hundred bucks ahead of Avs.

Ducks have almost $7 mil less than the Leafs committed.

http://www.generalfanager.com/teams

They don't spend to the cap

 

[Leafsman]

nhl better be careful pinching their pennies.

while they're alienating the PA and ignoring the untapped canadian markets to provide 2 hockey teams to florida and another in the desert.

the KHL is expanding into china and in a couple years is gonna have a TON of money to try to poach some NHL stars. not just Russians either.

better be careful.

If Edmonton can finally get their **** together with this off-season and draft.
Also Toronto and Winnipeg picking 1st and 2nd. I see these three teams making a splash in the next few years. That alone should bring in more revenues. Tough year for Canadian hockey which likely translated to some lost revenue which translates to a stagnant salary cap.

 

[Joey24]

Do you realize that Ducks had one of the lowest caps (8th lowest) and only a couple hundred bucks ahead of Avs.

Ducks have almost $7 mil less than the Leafs committed.

http://www.generalfanager.com/teams

Crazy I would have thought they were right up near the top....

 

[Mess]

Crazy I would have thought they were right up near the top....

Its an easy mistake to make, because they have Getz and Perry on big contracts and they're such a strong team that you get the impression they must be among the big spenders but in fact are much closer to the bottom then the top.

If one looked at Leafs roster last season and thought that's a top 10 spending team and then Anaheim and realized their a bottom 10 spending one its shocking.

Particularly when you have Leafs ending 30th & spending more and Anaheim near the top of the standings spending much less.

Anaheim could fit Stamkos into their lineup much easier then Leafs could in reality as they have $53.2 mil committed to next season while Leafs have $64.5 mil, so that's an +$11.3 mil extra cap space for the Ducks as of today. Anaheim's current roster cap hit + Stamkos at $11 mil = Leafs current spending for next year @ $64 mil each.

Stamkos might like the idea of a Stamkos -- Getzlaf -- Perry top line in sunny California and hoisting a Cup in the near future.

 

[Xscout*]

You have no idea how the cap works, do you?

The cap is tied to HRR, if there isn't as much HRR as was initially expected, the cap will not increase as much as expected.

The owners don't just choose whatever cap they want...

haha bud, I know -exactly- how the cap works.
do you know how international business works?

one company over seas expands into an untapped (huge) market - they will naturally have more money than a N/A company.
that company over seas will be able to attract the top end people for that business..

that's it. story over. hockey is no different than a fortune 500 company.
the one with more money will win. always.

also, the NHL made billions this year. they are 100% pinching their pennies.

 

[MJ65]

A good reason not to sign Stamkos for $10 M

 

[Xscout*]

If Edmonton can finally get their **** together with this off-season and draft.
Also Toronto and Winnipeg picking 1st and 2nd. I see these three teams making a splash in the next few years. That alone should bring in more revenues. Tough year for Canadian hockey which likely translated to some lost revenue which translates to a stagnant salary cap.

Without a doubt some playoff teams NEED to be in Canada. Just sucks that the large original 6 markets and a few of the others are literally carrying teams financially.
you could move ARZ up to Seattle, and the panthers to QC and that alone would make the league a ridiculous amount of scrill.

also there's the debate about the stagnant or falling CDN dollar so they use that as an excuse.

I guess I just see it as a very bush league and ... a fifth place thing to do to keep your cap stagnant.

when you think about some of the incompetent management around the league tho it does kinda make sense.

 

[WTFMAN99]

A good reason not to sign Stamkos for $10 M

Pretty much, but apparently I'm an idiot for not wanting to sign him.

 

[ULF_55]

Pretty much, but apparently I'm an idiot for not wanting to sign him.

Doesn't it actually depend on what other transactions the team makes?

Laich and Michalek add up to 8.5.

Replace them with 2 Marlies making a combined $2, and the net cost for Stamkos could be 3.5.

 

[WTFMAN99]

Doesn't it actually depend on what other transactions the team makes?

Laich and Michalek add up to 8.5.

Replace them with 2 Marlies making a combined $2, and the net cost for Stamkos could be 3.5.

Is Stamkos's cap hit still 10M? If so then that isn't true. All it means is you've cleared other contractual obligations but still are paying Stamkos 10M

 

[TheProspector]

The biggest drag on the cap is the Canadian dollar.

 

[WTFMAN99]

The biggest drag on the cap is the Canadian dollar.

Yeah, didn't it cost them like 200M in revenue?

 

[Ropesman]

haha bud, I know -exactly- how the cap works.
do you know how international business works?

one company over seas expands into an untapped (huge) market - they will naturally have more money than a N/A company.
that company over seas will be able to attract the top end people for that business..

that's it. story over. hockey is no different than a fortune 500 company.
the one with more money will win. always.

also, the NHL made billions this year. they are 100% pinching their pennies.

Yes that makes perfect sense to an extent...

Your assuming that tapping into this untapped huge market will bring in tons of money. Just because China has a huge economy doesn't mean that a ton of money is about to flow from it into hockey, more specifically the KHL. China isn't exactly a hockey crazed country. Maybe it does catch on in China over time and the KHL absolutely flourishes because of it, maybe not.

Canada is the largest market for hockey in the entire world, the NHL has Canada under wraps. To say that players will bolt to the KHL just because they are moving into China is very presumptuous. Not to mention that as of last year the KHL was headed in a very bad direction due to the state of the Ruble. Not sure if they straightened the mess out, but when was the last time you heard of the NHL on the verge of folding?

The NHL has a pedigree that the KHL will never be able to match, the history of the Stanley Cup, the legends that made this game what it is today, all played in the NHL.

While you may be onto something with the move into China possibly saving the KHL, it is not in any way about to put the NHL outta business.

 

[Charles Chuck Finley]

Right now, the teams that look tightest if the cap stays flat for next year are Pittsburgh, Minnesota and Chicago.

Pittsburgh would have a full 22 man roster signed, but are about $2.5m over. Minnesota only has 15 signed and have about $7.5m in cap space. Chicago has 17 signed and about $4.4m in cap space.

 

[ijuka]

...

Maybe teams will stop inflating player salaries now?

A 6mil salary was top of the line, then 8.5mil, then 10.5mil...

Why not just have 6-7mil be the salary for star players? Every team would be able to build their lineups much more comfortably. It's up to the teams in the first place. Do you think that a Crosby wouldn't be able to live comfortably with a 7mil payroll? Please.


ELCs should be inflated by 40% as is. They have fallen behind the times.

Right now, the teams that look tightest if the cap stays flat for next year are Pittsburgh, Minnesota and Chicago.

Pittsburgh would have a full 22 man roster signed, but are about $2.5m over. Minnesota only has 15 signed and have about $7.5m in cap space. Chicago has 17 signed and about $4.4m in cap space.

Penguins and Blackhawks make sense, their rosters are stacked. How does Minnesota have so many issues? They have no top players at all. What have they been doing?


Actually on topic: This might make Stamkos cheaper, although he still is worth signing unless it's for a completely outlandish salary.

 

[HoweHullOrr]

League revenues are not elastic and do not stretch according to some whims. The big money teams are a small minority versus the larger majority of teams that must spend to a budget. It seemed inevitable that the league would reach a time where the cap could not increase. You would have to wonder if this trend could span several years.

Spending money wisely is always a prudent practice for all teams and mistakes will catch up to you at some point.

 

[Pookie]

Stamkos 9.5m

That's all I see when I read this.

Not surprised at your blinders

I see the Leafs cap situation going forward as excellent. A fantastic asset should teams need to dump salary.

Since we have a ways to go before being competitive, I see them being able to take on cap dumps that come with draft picks and prospects.

I see them flipping those picks and prospects over the next 3 years for actual players that have value. Top Ds or goalies. Or specialist forwards that are good on the PK.

I see all of this as positive. Provided they don't chase a brand injection and saddle themselves with a (9.5 is it?) useless contract.

I also see many people who suggested Stamkos could fit based on 4% annual growth in the cap having to use the delete key.

 

[HoweHullOrr]

Doubt it. The writing on the wall was pretty clear.

I was talking with One of my best friends who owns a financial company that deals with exchanging currency. He is an expert on the CDN Dollar. He is on CNN, MSNBC, RT, etc. all the time as an expert, or just to give his opinion on the markets and the dollar.

He thinks our dollar will remain flat for at least 3-4 more years. Oil will remain stagnate, and the CDN economy will grow at slower rate than expected.

Does not sound good for the cap at all. I doubt the players will keep propping up.

Current predictions for the economy and market are very little growth in the next ten years. It's a gate (ticket) driven league, and the majority of the teams work on an internally imposed budget. It wasn't hard to figure this out before. Nor is it hard to figure out what that will mean in the future.

 

[Pookie]

Current predictions for the economy and market are very little growth in the next ten years. It's a gate (ticket) driven league, and the majority of the teams work on an internally imposed budget. It wasn't hard to figure this out before. Nor is it hard to figure out what that will mean in the future.

Without looking this up do you know if proceeds from the WCH would count as Hockey Related Revenue for the NHL?

That would be one factor that could temporarily bump the cap if it did.

 

[Leafsman]

Without looking this up do you know if proceeds from the WCH would count as Hockey Related Revenue for the NHL?

That would be one factor that could temporarily bump the cap if it did.

I believe it would.

When the tournament was conceived, NHL and NHL Players’ Association executives believed they might be able to generate $90 million in revenue from a two-week tournament. Now, after selling rich TV rights to ESPN in the U.S. and Rogers Communications in Canada, and thanks to strong interest from corporate sponsors, NHL team owners and NHLPA executives have been advised the September 2016 event may raise as much as $130 million, according to a source who said NHL team executives have been briefed on the profit projections.

Costs are estimated to be about $65 million - including $10 million to $15 million budgeted for player insurance - meaning owners and players, who are jointly staging the event, will split a profit of about $65 million.

http://www.tsn.ca/nhl-nhlpa-project-windfall-profit-for-world-cup-of-hockey-1.363970

 

[HoweHullOrr]

We are great in terms of finance.... just not so much for next year.... going forward, we might be the best cap team.

By my calcs we got 15mil to spend if needed. 10+5+3= over cap. LTIR will not help, as they COUNT during the off season, up until the start of the season. So you can't use that money on FAs, you can only use your space+10% which is 15mil.

Sure we can buy players out, trade etc..... but as it stands, without doing anything, we got 15mil. Trading may also be more difficult now.

Nobody is arguing you can't make moves to free up space.

Ya I did some bad math there, whoops

Ya, lots of posts with bad math or assumptions. Robidas contract counts (over 35 years of age rule) against the cap, we still need to include Cowen (it's not a done deal until you find a buyer), and ELC bonuses are omitted. Then there's the automatic assumption that the cap will go up each year.

 

[Leafsman]

Ya, lots of posts with bad math. Robidas contract counts against the cap, we still need to include Cowen (it's not a done deal until you find a buyer), and ELC bonuses are omitted.

Cowen was already told last year that he would be bought out in the summer and to prepare himself. I believe he was even told not to bother reporting anywhere. It's pretty much a done deal. You don't need a buyer when you're buying out a player.