![]() ![]() A team may know they have key players on entry level contracts (under $1 million) who will need to be signed to more expensive contracts within a season or two. There are many reasons a team may have extra cap room, either in the short or long term. This concept can grandly be called weaponizing cap space. ![]() These two extremes and the grey area in between often catalyze the symbiotic (or sometimes predatory, depending on the General Managers involved) relationship between teams with cap space and those without. Creative financing may also help budget teams hit the cap floor. Salary structure can also add or subtract value from contracts (we’ll get to that later). Necessary reliefs and exemptions for situations like injuries, call-ups, minors assignments, and retirement can help a team squeeze their way under the cap ceiling. The concept is simple, but there’s a lot that can be done to, shall we say, massage your total cap hit. This is important in a league with huge disparity between large hockey markets, like Toronto and Boston, and small markets, like Arizona and Carolina. In 2018-19, all teams must have a cap hit between $58.8 million and $79.5 million (USD) on their rosters. A team’s total cap hit is all of their players’ cap hits added together. While some sports leagues have a luxury tax system or no cap at all, the NHL’s Salary Cap is a hard cap, with both a cap ceiling and a cap floor. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |