NOTICE: 2013-14 CAP PROJECTED AT $64.3M

[PigsRule]

CBA talks are referring to a possible 2013-14 NHL salary cap that will be close to the $64.3 milion mark.

if that's the case, each team will have to lots of tough decisions to make with their roster. our FNHL cap is currently set at $70.3M.


jan7-13: revised 2013-14 projected Salary Cap from $60 to $64.3 per updated CBA.

[PigsRule]

looking around the league... it seems 1/3 of the teams are setup to handle the significant cap reduction while the rest of the team (incl. my cats) have their work cut out.

i know i built my team to contend this yr but expected to have to dismantle a little during he offseason. now it appears i'll have to overhaul my roster nxt summer... but thats always fun!

[izaman3]

Hey Pigs,

Will we have some sort of special buyout clause because of the new CBA terms. It seems to me that if the owners get one, we should too.

[PigsRule]

we have x1 amnesty buyout that becomes active yr end for a limites time.

thats a b/o at 40% of the players salary.

other possible new rules could be discussed leaguewide once the nhl announces the official deal.

[Drew]

Looks like cap will be around $64m

[PigsRule]

yep, i've updated the 1st post and subjectline to reflect the anticipated reduce in the NHL's cap to $64.3m in '13-14.

cheers!

[hockeyfreak6000]

Looking to know what the plan is here. I have a lot of free agents. Need to have an idea what I can do with the cap dropping. NHL is rolling back salaries to get to 50/50 and next years cap. Make whole money is not included... So that should mean all league contracts go down by a percentage to match. Which should also mean extension rates should go down. Hope to get an answer asap.

Thanks

Dallas stars

[jmtrops]

I would think all contracts for this year are staying the same.

[PigsRule]

Looking to know what the plan is here. I have a lot of free agents. Need to have an idea what I can do with the cap dropping. NHL is rolling back salaries to get to 50/50 and next years cap. Make whole money is not included... So that should mean all league contracts go down by a percentage to match. Which should also mean extension rates should go down. Hope to get an answer asap.

Thanks

Dallas stars

Great question Dallas!
my thinking (Phoenix / Hockeyfreak47 can jump in on this chat with your feedback as well)

Without an official ratified CBA I'm not sure what's what.
But based on highlevel talking pts around the new CBA + what you've mentioned, i would say this:

1. 2012-13 to remain unchanged (per my rule of trying not to make in-season changes)

2. 2013-14 NHL projected cap is expected to be $64.3M ... FNHL can mimic that

3. if the new CBA calls for % roll backs of player salaries, i will ask that "we" / FNHL not copy that as it would be an administrative pain to redo all player contracts for 30 teams (approx 900 contracts to recalculate  ).

Bottomline: that would mean teams need to continue doing what they do now, maneuver around the cap + extensions values would remain since they haven't been touched since 2010-11 when this league launched and the 2010-11 salary cap was even lower, at $59.4 million.


btw, in case anyone's interested here's what the NHL salary cap values for the past 5 NHL seasons - LINK:
2008-09 = $56.7
2009-10 = $56.8
2010-11 = $59.4
2011-12 = $64.3
2012-13 = $70.2

[snugerud]

Big  :thumbsup: from the isles.  I actually never could understand why the league kept increasing cap but never adjusted the extension values.