Romang67
BitterSwede
NHL/NHLPA talks on CBA include escrow cap, salary deferral for players - Sportsnet.ca
This could have major implications.
This could have major implications.
While I agree completely with your assessment, I do strongly feel that the NHL will throw the teams some sort of life-line to buy their way out of this mess. Something like 2 buyouts over the next 2 years which do NOT count against the current and future cap like it does now.Well then I think Chevy’s hard work and negotiating skills will be Well rewarded for the next 3 years. Having Fefe, Ehlers, Connor, Helly and JoMo all on team friendly contracts will be huge down the road.
Teams like Toronto that have huge money tied up in very few players were likely counting a great deal on the cap increasing constantly and will have serious cap issues going forward.
While I agree completely with your assessment, I do strongly feel that the NHL will throw the teams some sort of life-line to buy their way out of this mess. Something like 2 buyouts over the next 2 years which do NOT count against the current and future cap like it does now.
Jets WOULD have been in a really strong spot - but the others are going to get relief of some sort, unfortunately, in my opinion
I don't think the NHLPA will agree to additional "compliance" buyouts. Teams can already but out players to save money and cap space, they just can't do it to completely wipe away cap hits.While I agree completely with your assessment, I do strongly feel that the NHL will throw the teams some sort of life-line to buy their way out of this mess. Something like 2 buyouts over the next 2 years which do NOT count against the current and future cap like it does now.
Jets WOULD have been in a really strong spot - but the others are going to get relief of some sort, unfortunately, in my opinion
Still won't be any super cheap 2C options, but if Little doesn't come back the Jets are going to have a lot of flexibility to strengthen their roster and get some good, long-term stability of they play it right.
Laine is the big question mark. He might decide not to sign any long term deals and instead focus on getting to UFA as soon as possible, like Trouba. In that case, I think he becomes a prime candidate for a trade.
But he might instead decide to lock in long term now to avoid financial uncertainty, and that could give the Jets a talented core for the long term.
I might be a bit pessimistic, but I think Laine might angle for shorter commitments and earlier UFA and "bet on himself". For that reason, he seems to me to be the most likely "core" player to be traded in a blockbuster move in the next year or two. I think the Jets should try to hammer out a long term deal with Laine this summer, and if it's clear he's not inclined to sign something reasonable, I'd look to trade him in the next year or so for a good young C and futures.
Still won't be any super cheap 2C options, but if Little doesn't come back the Jets are going to have a lot of flexibility to strengthen their roster and get some good, long-term stability of they play it right.
Laine is the big question mark. He might decide not to sign any long term deals and instead focus on getting to UFA as soon as possible, like Trouba. In that case, I think he becomes a prime candidate for a trade.
But he might instead decide to lock in long term now to avoid financial uncertainty, and that could give the Jets a talented core for the long term.
I might be a bit pessimistic, but I think Laine might angle for shorter commitments and earlier UFA and "bet on himself". For that reason, he seems to me to be the most likely "core" player to be traded in a blockbuster move in the next year or two. I think the Jets should try to hammer out a long term deal with Laine this summer, and if it's clear he's not inclined to sign something reasonable, I'd look to trade him in the next year or so for a good young C and futures.
Still won't be any super cheap 2C options, but if Little doesn't come back the Jets are going to have a lot of flexibility to strengthen their roster and get some good, long-term stability of they play it right.
Laine is the big question mark. He might decide not to sign any long term deals and instead focus on getting to UFA as soon as possible, like Trouba. In that case, I think he becomes a prime candidate for a trade.
But he might instead decide to lock in long term now to avoid financial uncertainty, and that could give the Jets a talented core for the long term.
I might be a bit pessimistic, but I think Laine might angle for shorter commitments and earlier UFA and "bet on himself". For that reason, he seems to me to be the most likely "core" player to be traded in a blockbuster move in the next year or two. I think the Jets should try to hammer out a long term deal with Laine this summer, and if it's clear he's not inclined to sign something reasonable, I'd look to trade him in the next year or so for a good young C and futures.
The Jets can pay him fair market value in the current cap climate, but he might decide to wait and angle to sign a long term deal after the current crunch. The situation becomes more and more risky for the Jets if Laine gets closer to UFA.The Jets will still be in a strong position to offer Lane a good deal next off-season even with a flat cap so i don't see it being an issue to reup him barring the fact he wants out.
Escrow is going to be 50%+. An $81.5M cap assumes, what, around $4.3B in HRR? I don't see revenues recovering to anywhere near that for the remainder of this season (if there is one) or next season. Maybe it starts to come back in 2021-22 maybe - but we'll see how fast things rebound.
Ticket sales probably make up about half of HRR, so until that revenue stream is back online, they're f***ed. When does individual and corporate discretionary spending on this stuff rebound, assuming we can start filling arenas again by the start of the 2021-22 season? Corporate sponsorships will be down, merch sales will be down, the only "guarantee" is TV deals - and they don't get to cash those cheques if they don't play...which is why there's such a big push to get back at it and finish 2019-20.
I think people are whistling past the graveyard if they think it's going to be anything like business as usual coming out the other side of this pandemic...
I'm assuming the cap staying flat for the next 3 seasons is the NHL assuming they will actually get fans watching games starting next season... because without fans, there is no way the cap stays where it is , unless a huge % of player salary ends up in escrow.
The Jets can pay him fair market value in the current cap climate, but he might decide to wait and angle to sign a long term deal after the current crunch. The situation becomes more and more risky for the Jets if Laine gets closer to UFA.
The NHL relies on the gate for more of it's revenues than any other big league sport (NFL, MLB and NBA all have much larger TV deals). And they're locked into the Sportsnet deal in Canada for another 6 seasons I believe. The US deal is up after this season though...currently $200M/year...but best-case for a new deal is maybe 3x that = $600M/year? Still relatively small potatoes...an extra maybe $7M in cap space per team (if other revenues don't change).Mass audience events are f***ed until there is a vaccine.
OTOH, TV rights might go up in value. People staying at home to watch.
The fly in the ointment here is that TV rights depend on advertising revenue.Mass audience events are f***ed until there is a vaccine.
OTOH, TV rights might go up in value. People staying at home to watch.
The fly in the ointment here is that TV rights depend on advertising revenue.
Way the economy is going a lot of companies won,t have the money for advertising, or might feel their customers don't have the money to pay for their products.
Maybe pay per view will be the way for teams to go.
But as gmmoney just said, NHL is locked in for quite a while
The NHL relies on the gate for more of it's revenues than any other big league sport (NFL, MLB and NBA all have much larger TV deals). And they're locked into the Sportsnet deal in Canada for another 6 seasons I believe. The US deal is up after this season though...currently $200M/year...but best-case for a new deal is maybe 3x that = $600M/year? Still relatively small potatoes...an extra maybe $7M in cap space per team (if other revenues don't change).
That ship has sailed.i'd be trying to move Wheeler and his 8 million dollar salary waaaay before Laine.