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Some important updates for you to be aware of...3.) The new league year will begin at 12am on 8/4/2012. You have until then to re-sign all your expiring contracts. Any player not signed by then will become an unrestricted free agent. Please note that during the offseason, I am allowing each team to be over their roster limit by 5 players (Max 35), and to go over the salary cap by ten percent (Max $77.3). Just make sure you correct any overages by 12am on 8/4 or you will face penalties (loss of draft picks and/or salary cap space)
San Jose has cleared an additional 1.1m to go with our current available cap of 0.5m for a total of 1.6m in available cap space. We signed Brunette, LW to an extension that reduced his annual cap hit from 2.0m to 0.9m. With this deal, we add an additional 1.3m in salary cap.Sharks have 1.6m in cap space. We will be left with 0.3m once this deal goes through. Sharks are ready to move forward with this trade with the Buffalo Sabres.