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Category: NHL-Business-of-Hockey

Salary Cap Shenanigans

From Jeff Marek’s The Sheet at Sportsnet:

So let me get this straight: Front loading a contract that includes dead years at the end where the player has zero intention of playing (Ilya Kovalchuk) for cap relief was a violation of the “spirit” of the salary cap, yet trading for a player with zero intention of him ever playing (Trent Hunter) with the sole purpose of buying him out for cap relief isn’t?

I know they’re different, but at the end of the day there are still plenty of ways to get around the salary cap in the NHL and New Jersey, it seems, has tried all of them. Interesting too when you consider that Devils GM Lou Lamoriello helped craft the current CBA. New Jersey has four players on the books this season with buyouts: Andrew Peters, Trent Hunter, Colin White and Jay Pandolfo.

plus more odds and ends from the hockey world

Filed in: NHL Teams, New Jersey Devils, NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: lou+lamoriello

What Options Do the Islanders Have?

Monday is voting day to decide the future of the NYI, but will the team really leave if citizens vote against a new arena?  From Tom Van Riper at Forbes:

But is it necessarily a case of build it or they will leave?  Despite owner Charles Wang’s insistence that his outdated Nassau Coliseum isn’t a viable option going forward, what else does he do?  Everyone talks about the Kansas City Sprint Center, which is dying for a full time sports tenant, but sports business experts doubt that the Islanders could duplicate their $15 million in annual cable money in that market, despite their second class standing in New York.  Canada could be a possibility – fans of the old Quebec Nordiques have been rallying for an NHL return- but any arena plan there is still a long way off.

“There just aren’t many markets that covet the NHL right now,” says Robert Boland, who teaches sports business at the Tisch Center at New York University.


Craig Custance of Sporting News also comments today on the stakes of Monday’s vote in this article.

Filed in: NHL Teams, New York Islanders, NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: arenas, charles+wang, nassau+county

Lack of Offer Sheets Doesn’t Mean Collusion

From Lyle Richardson at The Hockey News:

It is easy to float the rumor of collusion, but far more difficult to prove it.

Dupont pointed out NHL Players’ Association director Donald Fehr was able to prove collusion existed in Major League Baseball in the late-1980s and wondered “if it could be time to forge a similar case in hockey?”

The difference, however, was the MLB owners had, for the most part, agreed not to sign their rivals’ free agents. The surprisingly low number of free agents changing teams between 1985 and 1988 made it easy for Fehr to prove his case.

As for why Stamkos and Doughty didn’t receive offer sheets, there are other obvious factors at work.

One is the high cost of signing either player.

read on for Richardson’s full analysis

Note: The articles referenced in the piece above can be found here (Kevin Dupont, July 24) and here (Steve Simmons, July 23).

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink

Goalies Netting Less Pay Than Others

From Kevin Allen at USA Today:

Goaltenders own a large share of the pressure and not a large share of the payroll in the NHL these days.

With another free agency season almost complete, a review of the NHL salary structure shows a continuing trend of teams trying to save some dollars in net while handing out more lucrative deals to scorers and defensemen.

Going into the 2011-12 season, 10 NHL goalies will be averaging $5 million or more on their deals, 19 defensemen will earn at least $5 million, and a 20th (Chris Pronger) averaging just below $5 million. Meanwhile, 23 No. 1 centers averaging $5 million or better.

Only the New York Rangers’ Henrik Lundqvist (18th at $6.85 million) ranks among the league’s 25 highest cap hits, according to Capgeek.com


Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: goalies, salaries

Amateur Capology

From Justin Bourne at Puck Daddy:

Amateur capology is at its thickest in the off-season. “$1.7M for Marcel Goc? Why that’s at least $200K too much!” I do it as much as anyone, but I acknowledge that it would sure be nice to see more analysis of how Goc will fit in to the Panthers on-ice roster than their on-paper payroll.

If there are any fans that are going to agree with me on this, it’s those of the Buffalo Sabres and Florida Panthers. The media can and should dissect their off-season acquisitions from a financial standpoint (that’s part of their job) ... but the fans?

Your team was willing to spend some bucks, and because of that you got some better players. Your team is better. Your chances of winning the Stanley Cup are better. Who cares about the price tag if you can afford it?

read on

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink

NHL & Disney Team Up

NEW YORK (July 20, 2011) – The National Hockey League (NHL) and Disney Consumer Products have revealed plans to co-brand merchandise featuring characters from Disney Channel’s Emmy Award-winning animated series, Phineas and Ferb, in the 2011-12 NHL® season. The NHL made the announcement today at the 2011 NHL Exchange licensed products and retail trade show inside the Air Canada Centre in Toronto.

The Disney and the NHL collection will include apparel, headwear, house & home products and collectibles featuring characters from Phineas and Ferb wearing NHL and team-branded merchandise. NHL and Disney licensees will deliver the new products to retail stores throughout North America in fall 2011, just in time for the new school year and the 2011-12 NHL season.


Continue Reading »

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: disney

NHL Opens Up A Cold One

from David Shoalts of the Globe and Mail,

The NHL and Molson Coors won big on Tuesday when the Ontario Court of Appeal upheld their $375-million sponsorship deal.

Rival brewery Labatt was the loser, as the court upheld Molson’s appeal of a lower court decision that rejected the agreement between the NHL and Molson for the league’s North American rights beginning with the 2011-12 season. Labatt argued the NHL improperly broke off a sponsorship agreement with them for the league’s Canadian rights to strike the deal with Molson.


Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink

NBC Takes Over Sale Responsibilities For The NHL

NEW YORK (July 11, 2011) – Following April’s landmark, 10-year media rights agreement with NBC,  the National Hockey League (NHL®) and the NBC Sports Group announced today that the two companies are strengthening their relationship even further by creating a unique,  groundbreaking sales venture that will streamline national U.S. NHL media sales for the next five years.

NHL media sales for all national platforms—NBC, VERSUS, NBCSports.com, NHL Network™,  NHL mobile and all official NHL digital sites, including NHL.com — will be sold by the NBC Sports Group Sales Department, which will be bolstered by absorbing NHL media sales employees. All traffic generated by official NHL digital sites, including NHL.com, will now be attributed to NBC Sports Digital.

The agreement excludes current and future NHL official marketing partners, who will continue to purchase media through the NHL Integrated Sales Department.  Financial terms of this new agreement, which continues through the 2015-16 season, were not disclosed.

Continue Reading »

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink

Arbitration Dates Set

From NHL.com:

More than 20 restricted free agents are set to plead their case at salary arbitration hearings in the coming weeks. Should players and clubs not be able to reach an agreement before the respective case gets under way, below is a list of the scheduled hearings.

Below are the dates for each hearing, from July 20th through August 4th:


Continue Reading »

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink

Increased Salary Cap is Welcome News for Chicago

From Chris Kuc at the Chicago Tribune:

“We should know the definitive (cap) number very soon (but) it’s going to be in that range,” Bowman said Wednesday. “It’s certainly going up from where it was ($59.4 million). We’re not in the salary-cap crunch that we were in. We’re able to obviously do some different things and we’re not as stuck as we were a year ago.”

The summer following the Hawks’ Stanley Cup championship in 2010 was marked by the departures of 10 players from that that title-winning team as Bowman battled the salary cap. But things are different this time around.

“It’s a nice change, to be honest,” said Bowman, who is in Minnesota for this weekend’s NHL Draft. “We’re not trying to deal players to get to the cap. We have room to add players. Having that additional flexibility is going to help us not only in the summer but during the season when there may be opportunities to pick up players. But you have to have cap space to do that.


Filed in: NHL Teams, Chicago Blackhawks, NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: salary+cap, stan+bowman

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com


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