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Post by Scott-New York on Jun 18, 2012 20:47:31 GMT -5
"The NHL's salary cap will be temporarily set at $70.3 million for the 2012 offseason, but that could change for the 2012-13 season depending on collective bargaining agreement negotiations.
The current collective bargaining agreement expires on Sept. 15, and there could be a work stoppage to begin the 2012-13 season should the NHL and the NHLPA fail to come to an agreement on a new deal by that date.
Teams are allowed to spend up to 10 percent more than the cap during the offseason as long as they're back under the cap for the start of the regular season, so in theory, some teams could reach $77.33 million in salary payroll this offseason before making roster decisions to get that number back down to the cap. Additionally, the new CBA could bring a number higher or lower than the $70.3 million figure as directed by the negotiation of a new deal."
Found this, The cap last year was 64.3, so tentatively, they are raising it $6M. We may have to make a decision on this without any further NHL guidance as it is possible that the CBA will not be resolved until after the Sep. 15 deadline, but this is what the NHL will use for their off-season cap until the new CBA is in place.
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Post by Matt-Colorado on Jun 18, 2012 21:33:09 GMT -5
"The NHL's salary cap will be temporarily set at $70.3 million for the 2012 offseason, but that could change for the 2012-13 season depending on collective bargaining agreement negotiations. The current collective bargaining agreement expires on Sept. 15, and there could be a work stoppage to begin the 2012-13 season should the NHL and the NHLPA fail to come to an agreement on a new deal by that date. Teams are allowed to spend up to 10 percent more than the cap during the offseason as long as they're back under the cap for the start of the regular season, so in theory, some teams could reach $77.33 million in salary payroll this offseason before making roster decisions to get that number back down to the cap. Additionally, the new CBA could bring a number higher or lower than the $70.3 million figure as directed by the negotiation of a new deal." Found this, The cap last year was 64.3, so tentatively, they are raising it $6M. We may have to make a decision on this without any further NHL guidance as it is possible that the CBA will not be resolved until after the Sep. 15 deadline, but this is what the NHL will use for their off-season cap until the new CBA is in place. All of this, mimic it all...except for the impending CBA lockout.
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Post by Ian-Halifax on Jun 18, 2012 21:39:27 GMT -5
"The NHL's salary cap will be temporarily set at $70.3 million for the 2012 offseason, but that could change for the 2012-13 season depending on collective bargaining agreement negotiations. The current collective bargaining agreement expires on Sept. 15, and there could be a work stoppage to begin the 2012-13 season should the NHL and the NHLPA fail to come to an agreement on a new deal by that date. Teams are allowed to spend up to 10 percent more than the cap during the offseason as long as they're back under the cap for the start of the regular season, so in theory, some teams could reach $77.33 million in salary payroll this offseason before making roster decisions to get that number back down to the cap. Additionally, the new CBA could bring a number higher or lower than the $70.3 million figure as directed by the negotiation of a new deal." Found this, The cap last year was 64.3, so tentatively, they are raising it $6M. We may have to make a decision on this without any further NHL guidance as it is possible that the CBA will not be resolved until after the Sep. 15 deadline, but this is what the NHL will use for their off-season cap until the new CBA is in place. All of this, mimic it all...except for the impending CBA lockout. Again one problem I see with this is LTIR. It would be so easy to take advantage of. Teams planning on putting a few players on LTIR will be able to spend up to $7 million over the cap, knowing they will be able to instantly clear it by placing a player on LTIR as soon as UFA ends. Teams not using LTIR are going to have to be much more careful spending over the cap. I think this would allow the same thing to happen as if players could be put on LTIR before UFA. In the NHL, you can't do this because the player cannot be placed on LTIR until the first day of the season, at which time they would already have to be cap compliant.
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Post by Scott-New York on Jul 24, 2012 16:37:07 GMT -5
All - do not forget that as we head into the free agency period, your team salaries will be showing you as having 3.5 million more than you actually have, this money can be spent but your team will need to be cap compliant at the start of the season...now that I say that, I think I should have kept my mouth shut and just let 'em overspend and then sit back and make offers to help them free up the cap space
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Post by Glenn-Philadelphia on Aug 8, 2012 11:16:04 GMT -5
All - do not forget that as we head into the free agency period, your team salaries will be showing you as having 3.5 million more than you actually have, this money can be spent but your team will need to be cap compliant at the start of the season...now that I say that, I think I should have kept my mouth shut and just let 'em overspend and then sit back and make offers to help them free up the cap space New guy question to the league: What if your team goes over the cap plus the 3.5 million phony cap? Is there a luxury tax? Also I see a few teams over 50 players what happens if they can't shed the players? No luxury tax. Just like the NHL, the team needs to shed salary/and players via trade prior to the start of the season. Remember that prospects do not count against the 50 player cap nor do they count towards the 45 player minimum.
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Post by Glenn-Philadelphia on Aug 23, 2012 18:55:01 GMT -5
The temporary ceiling on the salary cap has been lowered to +2.5M from +3.5M. This is to prevent teams from grossly exceeding their cap space now that the more economically priced players are being signed.
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Post by John-Michigan on Aug 23, 2012 19:57:32 GMT -5
Fair enough
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Post by Scott-New York on Aug 23, 2012 20:10:58 GMT -5
The temporary ceiling on the salary cap has been lowered to +2.5M from +3.5M. This is to prevent teams from grossly exceeding their cap space now that the more economically priced players are being signed. Why do we have the 3.5 phony baloney cap anyway? It seems like it would just promote overspending. We don't sign contracts to players until after RFA. This means teams could realize some savings after they sign players long term and be left with cap that is unspendable. It's not really fair to short a team 2M, 3M, or even more on the right contracts if they want to spend that money during the off season.
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Post by John-Michigan on Aug 23, 2012 20:49:42 GMT -5
I'm a plus 2 mil after calculating my contracts
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Post by Chris-Suffolk on Aug 23, 2012 21:53:11 GMT -5
The main reason the 3.5 or so was added, was because there were teams that were "close to the max in cap space" that would not be able to place a bid on an RFA if they so desired.
Because, we do not need to be cap compliant until just prior to season start, this money was added to appease the system and allow those teams to make bids.
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Post by Phil-Cornwall on Aug 23, 2012 21:56:30 GMT -5
Scott and Chris have both grown huge brains in past season or so.......VERY proud of my little fellas.
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Post by Chris-Suffolk on Aug 23, 2012 22:04:30 GMT -5
Scott and Chris have both grown huge brains in past season or so.......VERY proud of my little fellas.
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Post by Scott-New York on Aug 23, 2012 22:32:20 GMT -5
Why do we have the 3.5 phony baloney cap anyway? It seems like it would just promote overspending. We don't sign contracts to players until after RFA. This means teams could realize some savings after they sign players long term and be left with cap that is unspendable. It's not really fair to short a team 2M, 3M, or even more on the right contracts if they want to spend that money during the off season. I am in favor, for the reason I posted earlier which is above and because the NHL works it the same way. It is the same as what you have recommended Sal, only shows up as a negative your way and a positive the way we currently do it. Even if we went with your example and owners went into the red, they would still have to figure out their caps ahead of time to ensure they could get their team back in the black by season's start. It's only a matter of how it appears on the team page. Either way is fine with me but the overage in the off season is still necassary.
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Post by Dane-Hamilton on Aug 23, 2012 22:50:21 GMT -5
I am in favor since I believe the current bidding system will not allow you to place a bid so high that prevents you from filling out your roster (aside from the now 2.5 mil for contract saving). Don't think it really facilitates overbidding, but rather provides the necessary cushion for those looking long term in FA. Hardings savings will give me 800k and I could easily see a team having 2+ mil in contract savings.
I guess if a team doesn't manage finances properly they will be punished by league actions or be forced into unfavorable trades to become compliant, but I say tough luck.
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Post by Scott-New York on Aug 23, 2012 22:58:56 GMT -5
I am in favor, for the reason I posted earlier which is above and because the NHL works it the same way. It is the same as what you have recommended Sal, only shows up as a negative your way and a positive the way we currently do it. Even if we went with your example and owners went into the red, they would still have to figure out their caps ahead of time to ensure they could get their team back in the black by season's start. It's only a matter of how it appears on the team page. Either way is fine with me but the overage in the off season is still necessary. I thought the NHL could go over the cap in the off season but had to be compliant by the end of the preseason(hey Glenn how about some preseason games for us new guys to learn the engine?) When you put it like that it's like people that set their clock 5 minutes fast. If that's what you need to make yourself on time then that's what works. Again no right or wrong I'm just still figuring out the logic behind so things The NHL can go over, that's what I was saying.
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