Kukla's Korner Hockey
Salary cap likely to rise by $2 million, says Bettman
by George Malik on 05/21/15 at 11:18 PM ET
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From the Associated Press:
NHL Commissioner Gary Bettman expects the salary cap for the 2015-16 season to settle in around $71 million, depending on the fluctuations of the Canadian dollar.
Appearing between the first and second periods of Game 3 of the Western Conference finals Thursday night between the Anaheim Ducks and hometown Blackhawks, the commissioner said he expects it to climb five per cent from this year’s cap figure of $69 million.
Bettman also faced several questions about concussions three months after the death of former defenceman Steve Montador, 35, who was subsequently found to have suffered from chronic traumatic encephelopathy — or CTE — a degenerative brain disease.
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Tags: gary+bettman,
salary+cap,
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$71M Cap means real trouble for teams (oh do I wish the NHLPA says they won’t exercise the bonus inflator).
Chief among them: the Hawks. Hawks have 64.045M committed to 8 forwards, 3 d-men, and 3 goalies (14).
3 Contracts with performance bonuses: Kimmo Timonen possible 1.25M (10 games 750k, 20 games 250k, 30 games 250k though I am not sure if it only counts regular season or games means playoffs he dressed for too). Saad has one for up to 130k (92.5k in signing bonus + 82.5k in incentives) , Teuvo Teravainen has one for up to 500k (92.5k in signing bonus + 417.5k in incentives). LTIR relief replaces salary of a player for the ability to go over the cap by that amount—but not sure that bonuses get that relief. That means a bonus overage and deducting even more precious cap space.
Hawks have 4 RFA’s that will eat up approx 8M.
That means they’ll be over the cap with only 18 players signed. That means: Bryan Bickell and/or Patrick Sharp are gone (Hossa’s potential cap recapture means he is untradeable). Oh and did I mention they need to clear space to re-up Seabrook before July 2016.
Boston’s cap structure not much better.
Okay, Holland you have cap space…esp if Franzen is going to be on LTIR…some teams are desperate to shred salary, some players have demanded out of their current cities…
Posted by d ca on 05/22/15 at 02:09 AM ET