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View Full Version : SALARY CAP INCREASE: 2013-14 Season



Coach Selly
07-27-2013, 07:27
After discussion with the BOG we will be making a slight increase in the salary cap for this season.

Our cap will now be $47,936,000. (the previous cap was $45,630,000)

This increase is effective immediately.

c_robio
07-27-2013, 09:32
Why would this be changed after the trade period opened ?

I made a trade to cut cap and I'm sure others have as well

c_robio
07-27-2013, 09:33
I agree the cap should have been higher but it shouldn't be changed once people have made trades based on the 45.63 number

Coach Selly
07-27-2013, 10:46
We know this is a little late and I have too made trades based on the previous cap but it is something that was brought up recently and decided upon recently.

Coach Pharling
07-27-2013, 12:44
I basically gave away Dan Boyle for cap room, but am in favor of this despite that. Its better for the league overall.

Bubba83
07-28-2013, 00:55
Is there a formula based on the real NHL salary cap that is being used to reach this new number? If so, it should be posted for transparency and if not, then it'd be helpful if the cap is based on a formula that way owners will know what to expect a little better when the real NHL cap fluctuates up or down.

Coach Selly
07-28-2013, 03:31
If you use the current NHL cap of 64.3M and divide by 20 players that dress every night, it comes to 3,215 per player.

Our cap was 45,630,000 divided by 14, which is 3.259 per player which was just under 2% above the 3.215 per player.
Now we are using 6.5% which gives us the $47,936,000

Coach Pharling
07-28-2013, 05:53
It was my understanding that there would be no math during the debate.

Coach Selly
07-28-2013, 07:33
it was my understanding that there would be no math during the debate.
lmao!!! :D

Bubba83
07-28-2013, 12:31
If you use the current NHL cap of 64.3M and divide by 20 players that dress every night, it comes to 3,215 per player.

Our cap was 45,630,000 divided by 14, which is 3.259 per player which was just under 2% above the 3.215 per player.
Now we are using 6.5% which gives us the $47,936,000

Okay so then is it my understanding that the cap will remain at this 6.5% rate for next year too? Otherwise to owners it just feels like it's arbitrarily being moved up and down and they have no way to make plans for how to manage their team in the future. It's nice to keep consistency with a set formula.

Coach Selly
07-28-2013, 15:00
Okay so then is it my understanding that the cap will remain at this 6.5% rate for next year too? Otherwise to owners it just feels like it's arbitrarily being moved up and down and they have no way to make plans for how to manage their team in the future. It's nice to keep consistency with a set formula.
Yes, the 6.5% rate will apply to future seasons

Craig Simpson
07-29-2013, 06:46
Admittedly, I'm not a fan of significant rule change mid-stream like this, but I do have to agree that it is likely the best thing for the league as a whole. So while I don't like how it was done, I think its best it was done, so I'm good.

Wanderer
07-29-2013, 17:18
I also agree. This is a good thing for the league. Now if there are any plans to one day increase the salary cap from it's present 6.5% ''rate'', then we should at least be given a heads up that this is coming.

Coach Selly
07-30-2013, 03:09
I also agree. This is a good thing for the league. Now if there are any plans to one day increase the salary cap from it's present 6.5% ''rate'', then we should at least be given a heads up that this is coming.
The reason there wasn't given a head's up this time is because it was brought up by the BOG only a couple days before it was posted. Because it was brought up then we wanted to make sure the we got it to you guys ASAP i.e. before the draft.