Salary cap

tanti9

Registered User
Dec 18, 2023
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If the Cap goes up by 9 million, do you believe it will be feasible for the Canucks (and other teams) to look at long term contracts differently? I mean players like Colton Parayko who have more term or even EK or Seth Jones, could they be targeted by the Canucks? Especially if the cap is up to 100 million in 2 years. I think the Canucks could be proactive and look at players of this ilk. Only problem is they would be screwed if the Cap does not go up as rumored lol. Thoghts?
 

Canucker

Go Hawks!
Oct 5, 2002
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Oak Point, Texas
Bad deals now will still be bad deals even if the cap jumps up a large amount. If the cap goes up a significant amount its going to cost more to re-sign your players and UFA's, I wouldn't use my space frivolously.
 

Siludin

Registered User
Dec 9, 2010
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Over the next season, the Canucks will be also hit with an additional ~$2.4m in cap penalties due to OEL buyout, which will counterweigh some of the cap increase.
It's the same amount of penalty the following season, so a larger cap bump the season after would be nice, for the payroll to feel the full effects
Starting 2027-2028, the buyout penalty reduces again and the Canucks will get another $2.6m in cap space back, on top of whatever the cap increase is that year. The Canucks have proven they are willing to put up $100m+ payrolls so they will likely be spending all their money as much as they can.

During big contract renegotiation years with star players, I noticed a lot of high-payroll teams don't like to keep large chunks of cap space open if they can help it, because they don't want player agents getting ahead of themselves and stalling negotiations just because of available cap space.
I expect the Canucks will spend to the cap every year, and will be aggressive in UFA every year while Pettersson/Hughes are competitive.
 

StreetHawk

Registered User
Sep 30, 2017
29,113
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If the Cap goes up by 9 million, do you believe it will be feasible for the Canucks (and other teams) to look at long term contracts differently? I mean players like Colton Parayko who have more term or even EK or Seth Jones, could they be targeted by the Canucks? Especially if the cap is up to 100 million in 2 years. I think the Canucks could be proactive and look at players of this ilk. Only problem is they would be screwed if the Cap does not go up as rumored lol. Thoghts?
Cap going up means everything goes up. That player who was worth $5 mill would be mid $5's. Talking about a 10% jump in the cap if it goes from $88 to $97 mill. Everything goes up 10%, not that you have 10% more purchasing power. Guys under contract, cost less as a % of the cap, but all new contracts will factor that 10% bump in the cap ceiling.
 

tanti9

Registered User
Dec 18, 2023
45
23
Cap going up means everything goes up. That player who was worth $5 mill would be mid $5's. Talking about a 10% jump in the cap if it goes from $88 to $97 mill. Everything goes up 10%, not that you have 10% more purchasing power. Guys under contract, cost less as a % of the cap, but all new contracts will factor that 10% bump in the cap ceiling.
This is why you go for a "mid" contract now that has term, because hopefully it is bearable and that team wants to get rid of that player because of a potential rebuild. If the Cap was only going up by 5 million then players like Parayoko would not be feasible. Anyways, I expect our management group to be proactive and already thinking of this situation.
 

God

Free Citizen
Apr 2, 2007
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Vancouver
It's a decent idea if the Canucks had space, but the OEL buyout increases for the next two seasons IIRC (~4.7M), so acquiring someone like EK with 2 years left on his contract is a bit tougher given the likely retention required. Management is fortunate with the better than expected cap increase but I presume they'll continue to operate in the same fashion with the constraints from the buyout.
 

vancityluongo

curse of the strombino
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Jul 8, 2006
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a higher cap means quinn hughes just got that much more expensive to keep

oel hit aside, i think it's a possible consideration if we had hughes for 5+ more years along with petey and miller, but without that cost locked in... it's too risky
 

arttk

Registered User
Feb 16, 2006
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Los Angeles
a higher cap means quinn hughes just got that much more expensive to keep

oel hit aside, i think it's a possible consideration if we had hughes for 5+ more years along with petey and miller, but without that cost locked in... it's too risky
I think Friedman was speculating that the cap could be 110M when Quinn needs to be reup. He’s going to get like 13M easy but I don’t think midrange guys would get that much more expensive.
 

Canucker

Go Hawks!
Oct 5, 2002
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Oak Point, Texas
I think Friedman was speculating that the cap could be 110M when Quinn needs to be reup. He’s going to get like 13M easy but I don’t think midrange guys would get that much more expensive.

I don't think it will take long for the mid range guys to push their rates up as well...all it takes is some dumb GM's with the pressure of high expectations, some excess cap space and a weak UFA market and they're up against the cap looking at buyouts. lol
 

arttk

Registered User
Feb 16, 2006
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Los Angeles
I don't think it will take long for the mid range guys to push their rates up as well...all it takes is some dumb GM's with the pressure of high expectations, some excess cap space and a weak UFA market and they're up against the cap looking at buyouts. lol
The thing is we can still get guys this year and lock them in. Even if the cap shoots to 97 next year, the medium tier salary is going to lag since most GM will reserve space for the high end. Get like a top4 and top 6 guy this TDL and lock them in and we’ll be relatively fine like 3 years down the road. Also with multiple expansion coming, a lot of salary will come off the books.
 

Canucker

Go Hawks!
Oct 5, 2002
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Oak Point, Texas
The thing is we can still get guys this year and lock them in. Even if the cap shoots to 97 next year, the medium tier salary is going to lag since most GM will reserve space for the high end. Get like a top4 and top 6 guy this TDL and lock them in and we’ll be relatively fine like 3 years down the road. Also with multiple expansion coming, a lot of salary will come off the books.

Are there more plans for expansion? I never heard anything about that.
 

StreetHawk

Registered User
Sep 30, 2017
29,113
11,271
Bad deals now will still be bad deals even if the cap jumps up a large amount. If the cap goes up a significant amount its going to cost more to re-sign your players and UFA's, I wouldn't use my space frivolously.
I would agree. Barring a resurgence, which likely won't last, ala Karlsson, unless you are capable of winning the cup in the next 2 seasons, the deal won't age well.

Contracts go up based on the cap. Still the fundamentals should be to get value for what you pay. Whether you go max term coming off elc then figure it out when the player is 31 or opt for a bridge then max term and pay a higher cap from 26-34 but don't end up with many declining years, it's still up to the team to decide which makes sense, factoring in the player, your market, where your club is at, etc.
 
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arttk

Registered User
Feb 16, 2006
19,429
11,366
Los Angeles
Interesting, I was wondering when Houston might get a sniff...city with the 4th largest population in the US....about time really.
Yeah if anything we should worry about the lack of talent vs issues with cap. Once the 2 teams join, the cap is going to shoot up even more and then the problem is going to be, not enough talent to go around.
 

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