NHLPA: 11-12 cap ~$62M; late May Daly: ~$63.5M cap;

Discussion in 'Fugu's Business of Hockey Forum' started by LadyStanley, Apr 10, 2011.

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  1. LadyStanley

    LadyStanley RIP Fugu

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    http://www.nypost.com/p/sports/more_sports/players_face_tough_cap_call_TlV0Dk4ExNgZjPtHhkNFFI


     
  2. Retail1LO*

    Retail1LO* Guest

    Interesting. How frequently can the players vote to use the escalator?

    If true, doesn't this put the players in a decent position to not got back the money they put in escrow? Trigger the escalator, and see a decrease in revenue? Doesn't necessarily sound like a good situation. Sounds like the majority of players would be putting salary at risk so a few more can get paid.
     
  3. The Fuhr*

    The Fuhr* Guest

    Aren't the players already paying like 18-20% in escrow?
     
  4. Retail1LO*

    Retail1LO* Guest

    I don't know, but it would seem that this situation would put them at risk of some percentage not coming back, regardless.
     
  5. RangerBoy

    RangerBoy TRUST THE PROCESS

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    Escrow went down during the season

    https://twitter.com/#!/TSNBobMcKenzie/status/29587131387092992

    https://twitter.com/#!/NYP_Brooksie/status/30755970388860928

    The Canadian dollar closed at 1.0445 on Friday.

    http://www.bankofcanada.ca/en/rates/exchange.html

    With the no bonus cushion and no 5% increase,there will be zero player movement next season. Can't have both. The PA has never voted against the 5% increase. The cap was supposed to increase from $56.8M last season to $57M-$58M but it went up to $59.4M. Without the 5%,the cap would have increase by a $150,000-$200,000 this season. The 5% is applied to the midpoint.

    The report by Brooks today is what the NHL said in December

    http://www.theglobeandmail.com/spor...could-rise-more-than-expected/article1826348/

    The Canadian dollar is trading higher during this season than last season. It's traded close to $1 during the fall and traded over $1 since January. All the way up to nearly $1.05.
     
  6. King Woodballs

    King Woodballs Captain Awesome

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    eeesh up again
    at least the LEAGUE is making money
     
  7. GKJ

    GKJ Global Moderator

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    What would that put the floor at? Assuming that the cap is $62M even.
     
  8. David_99

    David_99 Registered User

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    What's the new cap floor up to?
     
  9. Crazy_Ike

    Crazy_Ike Cookin' with fire.

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    Did there some reason Brooks put "record" in quotations or does he just not understand basic math? In case he hasn't figured it out last year the NHLPA used their 5% escalator just like they will this year and therefore the revenues DID increase almost 5%, and suggesting the cap would go down if they didn't is a disingenuous, even dishonest way of pretending the league revenues aren't as good as they say.
     
  10. Marc the Habs Fan

    Marc the Habs Fan Moderator

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    It's always 16 M less than the cap. So 46 M.:amazed:
     
  11. Fugu

    Fugu Guest


    How much has the CAD appreciated from last year to this year? :)

    There's real growth and then there's currency appreciation. Daly addressed that point last year, iirc.
     
  12. BigFatCat999

    BigFatCat999 I am a burner account

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    What I never see anyone talk about is the idea that agents should use the cap increase like a COLA or inflation.
     
  13. Bear of Bad News

    Bear of Bad News HFBoards Escape Goat

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    Do you mean as in, when the cap goes up by X%, my player's contract will also go up by X%?

    (I believe) it's prohibited in the CBA.
     
  14. BigFatCat999

    BigFatCat999 I am a burner account

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    I mean in UFA negotiations. Ex. Preds fans are assuming Weber will be 7 million to put him in the top 5 of defenseman pay but he could reasonably ask for 8 million because the cap will go up, rev. sharing will go up and he could compare it to percentage of cap vs. actual dollar amount.
     
  15. mouser

    mouser Business of Hockey

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    Every year, but the escalator doesn't compound from year to year. Each year they calculate what the cap should be based on the previous season's revenue, then the NHLPA has the option to increase the cap midpoint by 5%. The next year they start from scratch and calculate it again.
     
  16. Hamilton Tigers

    Hamilton Tigers Registered User

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  17. Hunter Gathers

    Hunter Gathers ordinary corrupt human love

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    Yet another reason that the lockout was ******ed (mod). A shame we wasted a year of hockey due to this waste of a cap. The upper level will hit 70M soon.
     
    Last edited by moderator : Apr 10, 2011
  18. LadyStanley

    LadyStanley RIP Fugu

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    Article says that estimated cap is $62.2m (floor would be $46.2m).

    For a number of reasons, even though the escrow is a pain, I can't see the NHLPA not voting in the escalator.
     
  19. Fugu

    Fugu Guest

  20. Melrose Munch

    Melrose Munch Registered User

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    Why do we have a cap? How are small markets supposed to meet 46m in floor totals? This is ridiculous.
     
  21. LadyStanley

    LadyStanley RIP Fugu

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    They may acquire a player who has low $$ payout but higher salary cap. (And a prospect and/or good pick in "compensation".)

    (Recall that the Sharks got a first round pick for taking on the salary cap hit of a not-retired player from NJ.)
     
  22. Ernie

    Ernie Registered User

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    That's kind of the point. They have to keep up with the rest of the league.
     
  23. Hawkscap

    Hawkscap Registered User

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    Canadian dollar appreciated 4% over last year's average.
     
  24. Hunter Gathers

    Hunter Gathers ordinary corrupt human love

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    The small markets? They were the ones calling for the cap like this and now they are going to have to live with what they got. What, should we cater to them EVEN MORE now? They have gotten tons of concessions from the big market teams -- I don't think they should be entitled to anything more. If they cannot compete where the cap floor is set now, than maybe they should not be in business.
     
  25. Crazy_Ike

    Crazy_Ike Cookin' with fire.

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    You realize even if it did it would STILL be below some team's payrolls in 2004?

    Yeah, of course you did.

    :shakehead
     

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