Salary Cap: Salary cap space

[oilers89]

Just having an argument with a friend. Hes a flames fan. How much cap space do the pens have. I know you would have enough to add iggy but he thinks you guys have 20 mill in cap space but that does not seem right. So can u set it straight.

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[Le Magnifique 66]

http://stats.nhlnumbers.com/teams/PIT?year=2013

6.142 in cap space at the moment

 

[Frederick Stanley]

capgeek says $6,345,665.

 

[IcedCapp]

your friend is reading off of capgeek, this is what they have for the Pens:

Pittsburgh Penguins »
Daily Tracker
$6,345,665 $19,631,901 $26,175,868

the $20,000,000 numbers are AAV (Annual Average Salary) and AAV at the deadline (Annual Average Salary at the deadline) since contracts are prorated, they can afford to take on more salary as the deadline approaches.

 

[Le Magnifique 66]

your friend is reading off of capgeek, this is what they have for the Pens:

Pittsburgh Penguins »
Daily Tracker
$6,345,665 $19,631,901 $26,175,868

the $20,000,000 numbers are AAV (Annual Average Salary) and AAV at the deadline (Annual Average Salary at the deadline) since contracts are prorated, they can afford to take on more salary as the deadline approaches.

exactly like Morrow who will only cost 1.449 on the cap the remainder of the year

 

[oilers89]

Can u explain the Aav and how it can go up that much? Does it not still matter with the cap hit

 

[shureshot66]

Can u explain the Aav and how it can go up that much? Does it not still matter with the cap hit

The "cap space" figure of ~$6 million is how much the team is projected to have at the *end* of the regular season.

The number that people are most interested in, as mentioned above, is the "AAV Today" figure and the "AAV Deadline" figure. As of right now, the Penguins could add the equivalent of ~$19 million and by next Wednesday it would be ~$26 million, room to add three Iginlas. They wouldn't be able to spend it all if they tried.

This is because the cap is calculated on a daily basis. If you don't spend up to the ceiling on any given day, you bank the savings. It doesn't go away. So if you open the season with several million in cap space (as the Penguins did), that number compounds over the course of the year.

 

[Ignatius]

The "cap space" figure of ~$6 million is how much the team is projected to have at the *end* of the regular season.

The number that people are most interested in, as mentioned above, is the "AAV Today" figure and the "AAV Deadline" figure. As of right now, the Penguins could add the equivalent of ~$19 million and by next Wednesday it would be ~$26 million, room to add three Iginlas. They wouldn't be able to spend it all if they tried.

This is because the cap is calculated on a daily basis. If you don't spend up to the ceiling on any given day, you bank the savings. It doesn't go away. So if you open the season with several million in cap space (as the Penguins did), that number compounds over the course of the year.

Thank you for the clarification, what everyone is most interested in is whether or not the Pens would be able to acquire Jarome Iginla and have cap space to do so. I for one would like to see Shero make a big futures offer and maybe a roster forward or two (ie Kennedy, Jeffrey). Putting Iginla next to Crosby fills a need we haven't filled since Hossa was on the team and then we can move Dupuis back into his proper bottom six role for the playoffs. Iggy fits best on this team...

Chicago - Already has the (arguably) two best RWs in the game
LA - Stacked on RW
Boston - F the Bruins

Kunitz - Crosby - Iginla
Morrow - Malkin - Neal
Cooke - Sutter - Dupuis
Grinder - Victory - Grinder