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Post by Glenn-Philadelphia on Jun 18, 2011 7:48:41 GMT -5
Salary Cap Updated - The Salary cap has been recalculated to show an additional 3.5M per team (this will be adjusted based on what the NHL does in a few weeks but 3.5 should be pretty close). It also takes into account past years portion of savings (25% non playoff teams to 50% playoff teams) as well as cap considerations for players without cards.
The cap does not currently reflect an amount that will be used to sign incoming players or the additional monies that will be allotted to flesh out minor league team.
The CARD option on the players also now point to their new (2011-12) player cards and not the old ones.
Please look over the numbers to see how they look and as always, let me know if you see anything that looks to be out of the ordinary.
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Post by Chris-Suffolk on Jun 18, 2011 8:33:01 GMT -5
looking at the caps, Im not sure if I understand correctly;
The Cap room shown already reflects the amount available to each team, less the percentage for making the playoffs or not making the playoffs?
for ex: Suffolk
At conclusion of 2010-2011 Season, we had 450,000 Available monies.
Start of 2011-2012 Season, we have 20,435,000 Available monies. ( That's Million Folks! )
I was ass-uming, that this 20 Million would then be reduced by the 50% previously discussed for PLAYOFF TEAMS, meaning I would technically have approx. 10.2 Million Available to seduce, ahem, sign UFA's.
I did also notice, that players on expiring contracts are still counting against the Salary Caps, so their Contracts/Salaries will come off of the books if NOT re-signed, adding to Cap room for teams.
for ex: Suffolk
Hamrlik and Auld are both RFA's, adding another 2.9 Million in AVAILABLE CAP room to Suffolk; technically Suffolk should reflect 23.335 ( 20.435 + 2.9 ) in Available monies to seduce, dang it, attract, UFA's.
Are you saying I have 23.350 Million to sign UFA's, Draft Picks and Operating Expenses???
This cant be correct! Can it?
If so, I am throwing my hat into the ring when the GM of the Year Award comes up for discussion.
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Post by Glenn-Philadelphia on Jun 18, 2011 8:54:22 GMT -5
looking at the caps, Im not sure if I understand correctly; The Cap room shown already reflects the amount available to each team, less the percentage for making the playoffs or not making the playoffs? for ex: Suffolk At conclusion of 2010-2011 Season, we had 450,000 Available monies. Start of 2011-2012 Season, we have 20,435,000 Available monies. ( That's Million Folks! ) I was ass-uming, that this 20 Million would then be reduced by the 50% previously discussed for PLAYOFF TEAMS, meaning I would technically have approx. 10.2 Million Available to seduce, ahem, sign UFA's. I did also notice, that players on expiring contracts are still counting against the Salary Caps, so their Contracts/Salaries will come off of the books if NOT re-signed, adding to Cap room for teams. for ex: Suffolk Hamrlik and Auld are both RFA's, adding another 2.9 Million in AVAILABLE CAP room to Suffolk; technically Suffolk should reflect 23.335 ( 20.435 + 2.9 ) in Available monies to seduce, dang it, attract, UFA's. Are you saying I have 23.350 Million to sign UFA's, Draft Picks and Operating Expenses??? This cant be correct! Can it? If so, I am throwing my hat into the ring when the GM of the Year Award comes up for discussion. The 50% is carried over from last years savings so.... If you were under the cap by 450k, you carried over 225k (1/2 of it). You then subtract salaries of folks no longer under contract and then add under contract players and cap hits for those without cards. This is all subtracted from 63.5M to give you you new cap space. If the math doesn't seem to add up, let me know. Thanks, Glenn
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Post by Chris-Suffolk on Jun 18, 2011 15:59:58 GMT -5
Are we only allowed to have a 24 Man Roster?
If I have 21 men currently, does this mean I can ONLY sign 3 Free Agents?
OR
Can I send a guy or two down to my AHL team and sign 5 Free Agents?
What about players I draft?
In other words, do I have to waive a few guys PRE-DRAFT, or can I keep all players, plus my 9 Draft Picks, plus UFA's I choose to sign?
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Post by Glenn-Philadelphia on Jun 18, 2011 16:28:26 GMT -5
Are we only allowed to have a 24 Man Roster? If I have 21 men currently, does this mean I can ONLY sign 3 Free Agents? OR Can I send a guy or two down to my AHL team and sign 5 Free Agents? What about players I draft? In other words, do I have to waive a few guys PRE-DRAFT, or can I keep all players, plus my 9 Draft Picks, plus UFA's I choose to sign? No rosters are going to be expanded to 45-50 players. If you got the dough, you can keep your players...
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Post by Chris-Suffolk on Jun 18, 2011 18:44:21 GMT -5
Oh Ok, thats Good!!! Just got a lil scared there for a moment! Thanks!
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Post by Phil-Cornwall on Jun 18, 2011 20:19:51 GMT -5
Chris.....don't have the manager of the year award engraved, just yet....
Wait till you see my piggy bank come draft day. Heh
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Post by Chris-Suffolk on Jun 18, 2011 20:36:04 GMT -5
You just better have your phone charged to the max...as a matter of fact, you better bring your phone charger...and make sure your phone bill is paid too
"Verizon to Verizon" I hope...
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Post by Phil-Cornwall on Jun 18, 2011 21:28:40 GMT -5
thanks, Glenn...
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Post by Scott-New York on Jul 4, 2011 0:32:16 GMT -5
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Post by Glenn-Philadelphia on Jul 4, 2011 7:48:21 GMT -5
The salary cap is pretty much as is with all of the adjustments that have been made over the last few weeks. There may be a small bump for those minor league-rs but that would only be in the neighborhood of 1 or 1.5M additional
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Post by Scott-New York on Jul 4, 2011 8:58:54 GMT -5
So basically we have an NHL salary cap used to sign 23 players which we are using to sign at least 45? I understand you've added a little more, I am trying to figure out how the break down works so that I know where to spend money and where not to.
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Post by Glenn-Philadelphia on Jul 4, 2011 9:21:44 GMT -5
So basically we have an NHL salary cap used to sign 23 players which we are using to sign at least 45? I understand you've added a little more, I am trying to figure out how the break down works so that I know where to spend money and where not to. Essentially we have a 70M salary cap (5M+ more than the NHL) to sign 25 players and flesh out the minor league squad (call ups).
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Post by Scott-New York on Aug 22, 2011 12:02:36 GMT -5
looking at the caps, Im not sure if I understand correctly; The Cap room shown already reflects the amount available to each team, less the percentage for making the playoffs or not making the playoffs? for ex: Suffolk At conclusion of 2010-2011 Season, we had 450,000 Available monies. Start of 2011-2012 Season, we have 20,435,000 Available monies. ( That's Million Folks! ) I was ass-uming, that this 20 Million would then be reduced by the 50% previously discussed for PLAYOFF TEAMS, meaning I would technically have approx. 10.2 Million Available to seduce, ahem, sign UFA's. I did also notice, that players on expiring contracts are still counting against the Salary Caps, so their Contracts/Salaries will come off of the books if NOT re-signed, adding to Cap room for teams. for ex: Suffolk Hamrlik and Auld are both RFA's, adding another 2.9 Million in AVAILABLE CAP room to Suffolk; technically Suffolk should reflect 23.335 ( 20.435 + 2.9 ) in Available monies to seduce, dang it, attract, UFA's. Are you saying I have 23.350 Million to sign UFA's, Draft Picks and Operating Expenses??? This cant be correct! Can it? If so, I am throwing my hat into the ring when the GM of the Year Award comes up for discussion. The 50% is carried over from last years savings so.... If you were under the cap by 450k, you carried over 225k (1/2 of it). You then subtract salaries of folks no longer under contract and then add under contract players and cap hits for those without cards. This is all subtracted from 63.5M to give you you new cap space. If the math doesn't seem to add up, let me know. Thanks, Glenn Question on this, why are we only carrying over a portion of our cap room from year to year, aren't we technically losing money by doing this? I don't understand this, can someone please explain, it seems to me that cap space should be carried through each year but maybe I'm missing something here.
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Post by Glenn-Philadelphia on Aug 22, 2011 14:13:53 GMT -5
The 50% is carried over from last years savings so.... If you were under the cap by 450k, you carried over 225k (1/2 of it). You then subtract salaries of folks no longer under contract and then add under contract players and cap hits for those without cards. This is all subtracted from 63.5M to give you you new cap space. If the math doesn't seem to add up, let me know. Thanks, Glenn Question on this, why are we only carrying over a portion of our cap room from year to year, aren't we technically losing money by doing this? I don't understand this, can someone please explain, it seems to me that cap space should be carried through each year but maybe I'm missing something here. This is a reward to the shrewd managers (unlike me) who have made wise investments and have not spent all of their money. Again we have a hybrid cap which is a combination of salary cap and budget. if we had a budget only, then yes, you would be losing money from one year to the next. If it were solely a cap, then monies not spent would be lost (not carried over) from the previous year. If people wanted to do away with the carry over I can do that as well. I will look folks chime in with their thoughts.
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