On Tuesday night, the NHL announced one of the biggest pieces to the overall puzzle for next season, the salary cap payroll range! Huzzah!
Well, thanks to the clause owned by the Players Association, we'll see a slight lift in the cap ceiling this season, as it will go from $71.4 million to $73 million, which will also lift the floor up to $54 million.
Some reports were suggesting that if the players didn't use their growth factor clause, the cap would have dropped, likely below $70 million for the coming season and that would have put a serious dent in free agency for the coming season.
There are still a good number of teams that have their projected rosters below the salary cap floor, but the Summer has only gotten started. Once July 1st hits, we'll see plenty of deals for players that will take those teams back into the budget window and there shouldn't be much for complaints.
Teams that are going to be hurt still, after this announcement, will be those with active bonus overages and potential overages for the coming season. The increase wasn't very much and those bonuses will be tough to swallow in this tough time we're living in.
Nevertheless, we move forward! Onward and upward...
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