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Why Is The Salary Cap So Low?

from Tony Gallagher of the Vancouver Province,

...the question here is why is the salary cap, at $64.3 million US, is so artificially low this season. It was agreed upon even before the Collective Bargaining Agreement was reached and before anyone had any idea how the league would come through the lockout in terms of revenue.

The number is totally arbitrary and it’s pretty much conceded by everyone revenue is going to exceed a cap commensurate with these numbers. The teams already know it’s going to take a massive leap next season based on the traditional ways the cap is calculated, and as such are already beginning to position themselves for that eventuality, with only some severe unexpected financial meltdown in the economy possibility preventing such an increase.

This move on the part of the league is like a giant kick in the teeth to fans of the high revenue teams and it’s important that Vancouver paying customers realize the degree to which they are being taken for stupid pawns in this arrangement.

Many of the teams are at or near the cap in spending but consider what Vancouver could or would spend if there were not a cap. And then consider the fact the Tampa Bay Lightning are just about one million under the cap for this coming season, or roughly the same amount the Canucks are spending.

read on

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


Primis's avatar

Jesus Tony, are you really this dumb?

The cap is that low so that the FLOOR is that low, and THAT is really what teams wanted and fought over.  The teams spending to the cap weren’t the ones crying “Poor!”, the floor teams were.

Posted by Primis on 09/01/13 at 10:53 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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