- Dec 20, 2018
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The finances have gone up and down but Lou actually spent to the cap when it first started. The owner who had cash on hand problems sold the team in 2013 (after pushing for the monster Kovalchuk contract). The current owners don’t have money trouble that I know of, thank you for your concern.When have they spent to the cap? Didn't they let Parise go because they wouldn't spend to the cap going back to 2012? And were in quite a bit of financial trouble at the time?
Are you potentially sharing a harsh truth about a possible internal spending cap the Devils fans don’t want to believe. Maybe? The team’s overall profitability was always offset by what the arena made with other shows (this is true about many other teams obviously).
Did you discover the magic number from looking at on Cap Friendly? No? Shero had always said he would spend more as the team required it, it was a believable pitch. The Avalanche haven’t been throwing money around either and they’re a playoff team, are they secretly broke?
The Devils have traded a lot salary away at the TDL due to being terrible. They got up to 67.4m in 2017-18 because Shero actually made desperate TDL trades to push the team into the 8th seed.
Shero made offers to bigger UFAs but he never threw piles of money to outbid other team because he believed big long contracts to middling players sinks teams more than anything (It’s one of his best traits.) This year, Hischier and soon, Bratt and Blackwood, will garner raises. Not a lot of RFAs have done that recently.
A lot of the internal spending caps mentioned for other teams have been more in the ~70m range. I don’t know why you think the Devils won’t go up a bit if they have to. You think even >70m is somehow too big a dream? The team had a STH event where the team reps talked about adding players, they would have likely taken a different tone if they were stripping the team for parts. (More youth movement, less next step.)
Anyhoo, Severson only makes 4.17m, led the team in ATOI and played very hard minutes. The other defenseman who played those hard minutes, Andy Greene, is a UFA who’s probably retiring. The Devils aren’t going piss away a value contract for a key defenseman with 3 years left for bits and pieces. Ferraro was just pulling a name out of the air.