Kukla's Korner

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Talking Rising Salary Cap

from Stephen Whyno of the CP at the Brandon Sun,

Several general managers bought into Bettman's notion that a higher salary cap is good for everyone because it means more money.

"I think you have to look at it from a holistic point of view," St. Louis Blues GM Doug Armstrong said. "If the cap increases that means revenue is increasing and the pie is getting bigger. I think we all have to be excited about that."

That even goes for smaller-market teams. The cap floor this season is $44 million, and it's expected to be about $52 or $53 million next year.

According to CapGeek, the only team with a cap number of less than $52 million is the Florida Panthers. Winnipeg Jets chairman Mark Chipman said his team will be fine with the higher cap and floor.

“It doesn't affect us," Chipman said. "There's a rising tide for sure and we're quite comfortable with where we rank in terms of revenue production."

For bigger-market teams like the Toronto Maple Leafs and New York Rangers, it's just more money to spend.

"It's always nice to have more money," Gillis said, noting the Canucks will always spend up to the cap. "It doesn't matter what you are. It's nice to have more money. It gives us more flexibility to continue to try and improve and compete for a Stanley Cup. That's our objective."

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Filed in: NHL Teams, NHL Talk, | KK Hockey | Permalink
 

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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.

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