Anyone see this?
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I’m officially terrified
It's going to be a tough sell not using the escalator. It essentially helps players with existing contracts with escrow (escrow % generally goes down as the cap moves more in line with actual revenue), at the expense of current FAs (less $$ for teams to spend). The elite and top-tier FAs don't feel the pinch, but that next tier down gets gutted.It may have counted against the players' share. I don't recall.
Yes, if they get rid of the escalator, that will likely result in more of a flat cap. It will still go up as revenue goes up, but without the artificial inflation.
It's going to be a tough sell not using the escalator. It essentially helps players with existing contracts with escrow (escrow % generally goes down as the cap moves more in line with actual revenue), at the expense of current FAs (less $$ for teams to spend). The elite and top-tier FAs don't feel the pinch, but that next tier down gets gutted.
I think we'll see a middle ground, with the players opting for a 2-3% escalator, rather than the full 5%.
Under the radar move but I’d be just fine moving a 3rd to get Ryan Reaves in NY.
Find other ways to replenish picks but he’s a guy who changes an entire dynamic of a team and someone who would be useful for the next 3-4 years on the 4th line.
Vegas needs cap space. The Rangers made a similar move for McQuaid. Reaves makes more sense as he’s a forward.
I’m officially terrified
Sure yet if they are going to complain about escrow there are only so many ways to change it so it comes in more closely reflecting the year end revenue split.
You must be tough to live with.
Lot of Vesey stuff today in the twitter verse including him requesting a trade and it not being the first time.
Not cut out for NYC I guess
RA from Spittin' Chiclets dropping some heat on twitter, saying that Jimmy Vesey won't be wearing a Rangers jersey to start the next season. He's got some sources.
Kinda funny Hayes goes and now this is the rumour
The best idea to get it in line, IMO, is to make the payroll range asymmetric, where the ceiling isn't as far above the midpoint as the floor is below.
The reason escrow has exploded is that teams spend well over the midpoint. I think last year there were 25 teams over the midpoint and 6 below it.
I don't know, seems to me like the best way to reduce non returned player escrow would be to use lower growth revenue projections.
I'm trying to refresh my memory, but I'm pretty sure that the pre-escalator figure is determined solely off of last year's revenue. They don't project growth as part of that. The escalator is in place to anticipate growth, but that number isn't actually that large. If the escalator gets pegged at 5% and the league grows by 3%, that's only a 2% overprojection.
Meanwhile, total league payroll FAR exceeds the midpoint.
There will be more conversation about the 2019-20 salary cap next week in Las Vegas, where the Board of Governors meet the day before the NHL Awards. After the combine, several teams indicated they thought the cap might be closer to $82M than the previously projected $83M. The players have the option to raise the ceiling up to five per cent, but, with concerns about escrow, lifted it 1.25 per cent for last season, and a similar number is expected this time around.
Another interesting tidbit involves the U.S. TV deal, which is up in two seasons. The Sports Business Journal reported the possibility of a split deal, with NBC keeping the majority and a new partner (ESPN? FOX?) getting a smaller package. Teams are hopeful about what that could do to the cap, especially with Seattle entering the NHL.
I mean, they probably don’t give a shit about what people say on Twitter, thoughI’d be surprised if Vesey is a Ranger by COB today. They don’t like stuff like this coming out and negatively casting a shadow on the org.
These rumors are not being circulated by anyone with legitimate sources.
Vesey is an obvious trade candidate, probably the most obvious one on the roster.
It too just looked that up
Here is the pertaining part
31 Thoughts: Sharks still have shot at keeping Erik Karlsson - Sportsnet.ca
I thought they used a much higher percentage of the escalator. Although lifted it I'm not sure if means they only used 1.25%,, of it they used 1.25% more than whatever they used last time around.