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Devils May Have A Limited ‘Trade’ Budget

from Mark Everson of the NY Post,

The Devils’ trade deadline shopping may be limited by more than just the salary cap. The team is believed to have another payroll budget to remain under, which may have been part of the deal by which the NHL is advancing it future anticipated revenue.

A secret limit on payroll might quiet complaints from opposing team officials that the league’s financial assistance constitutes an unfair competitive advantage for the Devils, never mind that the NHL is already helping other teams.

Sources have suggested that if Winnipeg loses hope of making the playoffs, the Devils could be in the market to reacquire defenseman Johnny Oduya, who was dealt to Atlanta in 2010 in the Ilya Kovalchuk trade. Oduya, an upcoming unrestricted free agent, has a cap hit of $3.5 million and a full-season salary of $4 million.

Specifically, at least one general manager has wondered aloud how a team that needs the league’s financial assistance is allowed to bring in Kurtis Foster at $1.8 million and Alex Ponikarovsky at $1.5 million, although their spots offset at least $1 million for two minimum salaries.

continued

Filed in: NHL Teams, New Jersey Devils, | KK Hockey | Permalink
 

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They’re on double-secret probation.

Posted by Dave on 02/14/12 at 03:58 PM ET

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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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