Kukla's Korner Hockey
by Paul on 05/28/06 at 10:19 AM ET
The echoes of Brad Richards' five-year, $39 mil lion max-out deal with the Lightning will not only reverberate throughout the NHL this summer - Lou Lamoriello already is suffering migraines - but will also resound in NHLPA conference rooms as the union continues to ponder reducing the team cap from $8 million to $5 million above the payroll mid-range in order to limit escrow exposure. Proponents of changing the formula to tighten the salary cap are now certain to project dramatic inflation in both the unrestricted market and salary arbitration that will push overall league payroll well beyond the players' allotted percentage of the gross as a result of the bizarre contract restricted free agent Richards received from Tampa Bay. Any overage, of course, comes back to the league via escrow withholdings.continued (reg. req.)
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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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