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?
 

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.
 
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StreetHawk

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Sep 30, 2017
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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.
 
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tanti9

Registered User
Dec 18, 2023
48
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

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Apr 2, 2007
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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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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

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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

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Oct 5, 2002
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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
29,165
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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

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Feb 16, 2006
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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.
 

StreetHawk

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Sep 30, 2017
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Also why we should not trade Lekk and Willander. I think they might be exempt from expansion if it happens in 2 years.
Per the last ED rules, 2 years or under of pro exp is exempt. So Lekky should be exempt for a 25 and 26 ED. Wallinder to 27.

Canucks shouldn’t have any protection issues barring goalies.
 

Vector

Moderator
Feb 2, 2007
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Junktown
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?

I would think it makes signing Boeser an easier decision and maybe more willing to acquire a good long-term investment (either signed or a RFA).
 

StreetHawk

Registered User
Sep 30, 2017
29,165
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Interesting, I was wondering when Houston might get a sniff...city with the 4th largest population in the US....about time really.
Expansion comes down to arena and who controls the revenue from it. NBA cities for the expected future markets so barring a new arena it will come down to nba owner’s interests.
Fertitia wants it at his price from all comments he has made in public. And his bid would be the faster to play since he has the arena. The others will need time to build.

So earliest that Houston would be ready is for a 2026 expansion draft if awarded a team by the end of the regular season.
 

krutovsdonut

eeyore
Sep 25, 2016
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it is an opportunity to acquire a well paid player with term at a discount before the market prices in the expected cap increase. unfortunately gms are likely to have priced it in by the time we have the accrued cap to do it.

we could use it to acquire a cam fowler type player in spite of the oel hit next year.
 

ChilliBilly

Registered User
Aug 22, 2007
7,318
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chilliwacki
We are finally getting our cap situation under control. Smart teams are leaving about 5% of their cap space for deadline acquisitions. And I am pretty sure Alvin is going to play hard ball with these guys. I sure hope so. But the last thing I want to do is go out and overpay the Benning did for years. See if we can have 2 or 3 good years before we start going all in with trading our youth and high draft picks. I don't mind making deals, but FFS make them good trades.
 

kanucks25

Chris Tanev #1 Fan
Nov 29, 2013
7,265
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Surrey, BC
We don't really have any extra money to spend.

The 9M increase essentially covers Boeser's raise + Hoglander's raise + OEL buyout.

The cap is supposed to jump again significantly the year after but that'll be swallowed up by Hughes's raise + Demko's raise (assuming Demko regains his form).

So we don't even have the cap to acquire that top-4 D-man until at least 2 of Hog, Soucy, Myers, Desharnais are off the books via trade or expiry.

In 3 years when OEL's hit is smaller and guys like Myers are off the books, it'll be time for Willander and Lekk's new contracts (assuming they develop into valuable players by the end of their ELCs).
 

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