Official Cap Numbers Final - Per Leafs Lunch

[Scoogs]

As reported by Leafs Lunch, the cap numbers are now final.

Ceiling = $50.3M

Floor = $34.3M

(Floor edited by Irish Blues - wherever the Upper Limit is set, the Lower Limit has to be exactly $16 million under that per the CBA.)

Click to read more...

 

[The Saurus]

Excellent!

 

[ukyote]

If true this probably opens the door for some insanity come July 1st...

 

[Scoogs]

Like they mentioned on the show, a few teams will have troubles hitting that low number.

 

[FireMelnyk]

Awesome give the Sens some extra room to maneuver this summer.

 

[The Puck]

This will make it much easier for some GM's to tinkle with their line-up.

 

[Morbo]

This will make it much easier for some GM's to tinkle with their line-up.

Hmm. I've heard of team-bonding, but that is ridiculous.

 

[pitseleh]

Great news for the Canucks. This should give them some flexibility to improve their top-6.

 

[Scoogs]

JFJ sure is tinkling his cap space away.

 

[Colorado Avalanche]

Nice. Colorado has about 16 million to use.

 

[Ted Hoffman]

Like they mentioned on the show, a few teams will have troubles hitting that low number.

Really? Like ......... ?

Considering Washington and Pittsburgh were the only teams to finish under $36 million this year, and Pittsburgh just barely missed getting to that point, .... no team out there is going to have a problem hitting the floor this summer. The bigger question is whether teams race to the Upper Limit this summer like they did last summer.

 

[DevilsFan38]

TSN is now reporting it too.

http://www.tsn.ca/nhl/news_story/?ID=212226&hubname=

 

[leo2892]

Good news: The Canucks will have some money to work with.
Bad news: UFA prices just sky-rocketed. Some stupid GM is going to throw around money now that he has the cap space to do so.

 

[Masterplan*]

Yikes, the cap grew 28.9% in three years? That's some serious inflation.....8.8% per year?

 

[lyrrad]

Hmm. I've heard of team-bonding, but that is ridiculous.

hahaha classic

 

[Meichel Kane]

Yikes, the cap grew 28.9% in three years? That's some serious inflation.....8.8% per year?

I'm waiting for the year when it doesn't go up and teams that are up to the cap (and, potentially, UFAs) are partially screwed.

 

[Hawkscap]

The Canadian dollar has appreciated 21% versus the US $ in that time frame.

 

[Ted Hoffman]

I'm waiting for the year when it doesn't go up and teams that are up to the cap (and, potentially, UFAs) are partially screwed.

I and others are still waiting to know what's going to cause league revenues to drop, seeing as how they've never dropped from year-to-year since under Bettman's tenure as commissioner with the exception of work stoppages.

 

[Hawkscap]

I and others are still waiting to know what's going to cause league revenues to drop, seeing as how they've never dropped from year-to-year since under Bettman's tenure as commissioner with the exception of work stoppages.

The Canadian dollar going back to historic means with flat revenue.

 

[Ted Hoffman]

The Canadian dollar going back to historic means with flat revenue.

But wait ....... I thought it wasn't going to drop because of [insert any of the 132 reasons I've heard that it won't happen]?

 

[Bixby Snyder]

Wow, I sure am glad we lost a whole season due to lockout. Thanks again Gary.

 

[Ted Hoffman]

Wow, I sure am glad we lost a whole season due to lockout. Thanks again Gary.

The players are still only going to get 55.x% of league revenues. Pre-lockout that was 65-70% or so.

Right now? There's actually revenues to back up those salaries. That is the big difference.

 

[Brent Burns Beard]

The players are still only going to get 55.x% of league revenues. Pre-lockout that was 65-70% or so.

Right now? There's actually revenues to back up those salaries. That is the big difference.

or maybe with the new CBA the owners are being forced to report revenues that previously were being moved into other accounting groups.

 

[Masterplan*]

So that means the player maximum is $10.06 mil??? Yikes! Will anyone see it? Does anyone in the league deserve it?

 

[Hawkscap]

But wait ....... I thought it wasn't going to drop because of [insert any of the 132 reasons I've heard that it won't happen]?

You asked for a reasonable scenario and I replied

The Canadian Dollar has been trading in a roughly range of .97 to 1.60 to the US $ since 1976.

Let's just say it depriciated back to the 200 month moving average which is 1.35. That would be a 25% decrease in Canadian revenue.

It could also appreciate even more.