Friedman: Salary cap could rise as high as $95-97 million next season

[NotAVacuumSalesman]

Just make it $100 million.

If it weren’t for covid we would’ve been at $100 million or surpassed it.

The flat cap at $81.5 million lasted for 3 seasons.

 

[Face Of Bear]

Paul Marner liked this

 

[FunkyChicken]

What does Vegas think about this?

 

[Fantast100]

Draisaitl deal looks pretty good

The McDavid contract might be eye popping

Everybody think Draisaitl performing better without McDavid on the ice.

Draisaitl increase money easy?

 

[Golden_Jet]

If it weren’t for covid we would’ve been at $100 million or surpassed it.

The flat cap at $81.5 million lasted for 3 seasons.

No it didn’t, it was limited to 1 million increases.

 

[Fantast100]

Just make it $100 million.

$100 million maximal salary cap?

Salary cap on $95M to $97M sounds like resolve.

 

[LarKing]

Oh god, someone hide Yzerman's phone

 

[TGWL]

You get 12m. You get 12m. You get 12m. Everybody gets 12m.

 

[jigglysquishy]

There was the big escrow situation during covid. I'm assuming that's all been paid back?

 

[NotAVacuumSalesman]

No it didn’t, it was limited to 1 million increases.

According to wiki it stayed flat for three seasons.

 

[Reverend Mayhem]

Bears crying into their pillows at this canary.

 

[Arthur Morgan]

I thought 5% was the max it could rise

 

[FissionFire]

Players would be smart to leave it at 5% growth so they don’t wind up with high escrow payments. Worst case every player gets cut a check at season end to make up and shortfall on the players share.

 

[Fourier]

Players would be smart to leave it at 5% growth so they don’t wind up with high escrow payments. Worst case every player gets cut a check at season end to make up and shortfall on the players share.

If the total revenues are in the $6.2-6.5B range this year, and they may be more, escrow should not be an issue even at $97M. Assuming even a 4% rise the players share should be in the range of $95-100M per team even on the low end of that range.

I thought 5% was the max it could rise

The League and the NHLPA can agree to more. The increase this year was 5.4%.

 

[chethejet]

Good, Pens need to unload some AAV this off season.

 

[Golden_Jet]

According to wiki it stayed flat for three seasons.

View attachment 931886

Ahh ok looks like it was both,

 

[Michel Beauchamp]

It makes sense. I think the projections were always way too conservative on the cap growth given revenues. I’m not sure how you tell your workforce to stay satisfied with meager growth or complain about how much players are making when the owners are taking in incredible revenues and team valuations are skyrocketing towards $2 billion for an average team.

50% of which must go to the players...

 

[KevinRedkey]

I thought 5% was the max it could rise

It rose more than that last year.
83.5 to 88.0 = 5.39% increase

I believe it's a 5% MAX unless the NHLPA and NHL mutually agree to raise it above that ceiling.

 

[NotAVacuumSalesman]

Ahh ok looks like it was both,

Both???

2019-20: $81.5M
2020-21: $81.5M
2021-22: $81.5M

That’s literally 3 seasons it stayed flat. Where do you even see a rise of $1M increase??

 

[BLONG7]

Going to be a nice off season for the players

And.................The Agents!!

 

[Mrfenn92]

And.................The Agents!!

Always

 

[bobmottoutica]

Good. Then we can re-sign Shesterkin and it'll be less % of the cap.

 

[Golden_Jet]

Both???

2019-20: $81.5M
2020-21: $81.5M
2021-22: $81.5M

That’s literally 3 seasons it stayed flat. Where do you even see a rise of $1M increase??

Ya both
from 21-22 to 23-24,
1 million increases.
81.5
82.5
83.5

 

[Soundwave]

If the total revenues are in the $6.2-6.5B range this year, and they may be more, escrow should not be an issue even at $97M. Assuming even a 4% rise the players share should be in the range of $95-100M per team even on the low end of that range.


The League and the NHLPA can agree to more. The increase this year was 5.4%.

I mean revenue was 6.43 billion for 22-23 and that was before widespread jersey ads, Utah, new deal with Fanatics, continued inflation, etc.

I say there's a high chance revenue is well over 6.5 billion now.

 

[StreetHawk]

If the total revenues are in the $6.2-6.5B range this year, and they may be more, escrow should not be an issue even at $97M. Assuming even a 4% rise the players share should be in the range of $95-100M per team even on the low end of that range.


The League and the NHLPA can agree to more. The increase this year was 5.4%.

Escrow always seems to be a big deal for the PA. It was held at 6% last season and from what I could find, the PA got back about half of that for a net of 3% lost to escrow.

They seem to prefer lowering escrow to as close to 0% as possible vs risk it going up on a higher cap ceiling.

I do think they would approve a higher cap, but would aim to keep that reasonable. Like $93-94 mill vs the $95-97 mill these reporters. Most of the PA have contracts, so an extra couple of million of cap room doesn't help most of the players.