Kukla's Korner

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Capping The Cap

Yesterday, Larry Brooks of the NY Post brought up the fact that the NHLPA is thinking about slashing the cap. Today, in Sports Business Journal (paid sub.), the topic is brought up again.
The NHLPA is mulling an option to lower next season’s salary cap voluntarily so that players can keep more of their paychecks and have less set aside in escrow. Still, many player agents have come out firmly against the idea, and so did a few clubs at the league’s board of governors meeting in December. People at the meeting said New York Rangers governor James Dolan was vociferous in his opposition, wanting to be able to spend as much as possible on player salaries. “This is the type of argument that Alan Eagleson used to push through to curry favor with people on the other side,” said Octagon Hockey President Brian Lawton last week, referring to the former NHLPA president who was later jailed for defrauding players. “It’s a farce.” J.P. Barry, president of IMG Hockey, also is strongly against putting any further limits on salaries. “To put another cap on the cap to address the escrow potential is not a good idea, in my opinion, at this stage,” he said. “We need to give this system time to reveal its flaws and merits.”

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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.

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