Kukla's Korner

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Flyers & Devils Meet The Cap

from the Asbury Park Press,
We saw the NHL's new salary cap system at work over the summer when the Flyers bought out the contracts of John LeClair and Tony Amonte and traded Jeremy Roenick to fit Peter Forsberg, Derian Hatcher and Mike Rathje under the $39 million threshold. We're seeing more effects of the cap now that the season is under way. Earlier this month the New Jersey Devils traded Jeff Friesen, a talented left winger who scored the game-winning goal in the seventh game of the 2003 Stanley Cup Finals, to the Washington Capitals for a conditional draft pick. Why? Because Friesen's $2.28 million salary did not fit under the NHL's $39 million cap. "His salary was certainly at a level that was, quite frankly, too high,'' Devils general manager Lou Lamoriello said.

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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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