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Fantasy Leagues => Franchise NHL: Transactions => Franchise NHL => NHL Leagues => Franchise NHL: Completed Transactions => Topic started by: PsychoticPondGoons on March 01, 2015, 01:43:39 PM

Title: Arizona Achieves Cap Compliance by Deadline Feb 28, 2015
Post by: PsychoticPondGoons on March 01, 2015, 01:43:39 PM

Quote from: joeshmoe on August 18, 2010, 05:10:00 PM

Arizona Coyotes  :PHO:
Owner/GM: FNHL Owned
Total Roster Size - 26/30
2014-15 Total Payroll: $52.6m 
2014-15 Cap Space: $16.3m

Violations:  Feb 25, 2015 @ 12:10pm ET: $9.5m below 2014-15 Cap Floor. Nov17, 2014: Granted FNHL Commissioner permission to operate below $51.0m Salary Cap Floor until February 28, 2015.

Last complete roster review: Sept 22,14 5:55pm PPG; Aug 8, 14 12:00pm PPG; Aug 9, 2013 @ 16h30ET (PigsRule)

Given the team was owner-less, the primary FNHL commissioner gave the Coyotes permission to operate below the 2014-15 Salary Cap floor of $51.0m until the deadline of February 28, 2015.

The condition has been met. Booyah!  :agent::judge: :winner: :iatp: :disco: :toast:

Title: Re: Arizona Achieves Cap Compliance by Deadline Feb 28, 2015
Post by: PigsRule on March 01, 2015, 04:45:39 PM

With the majority those Coyotes buyouts coming off the books upon contract rollover the new owner will have plenty of cap to play with when Free agency opens August 9th, 2015.