I'm on holidays and a little bit bored, so I invented a brand new statistic just for the hell of it. It's kinda, sorta intended to give a general indication of cap management competence. Or maybe not... I'm not a statistician lol.
I call it the "Cap Hit Performance Quotient" which produces the incredibly catchy acronym CHPQ.
I simply took each team's current cap hit rank (as per CapGeek.com) and divided by the team's current league rank (as per NHL.com) as of roughly 2 pm Pacific time.
The higher a team's CHPQ, the better. A CHPQ of 1 would be considered "good" or "fair" value. A perfect CHPQ would be 30, while the absolute worst would be 0.03. I rounded all values off to the nearest hundredth.
The top 5 CHPQs belong to: Anaheim (19.00), Nashville (6.75), NYI (3.67), Chicago (3.50), and Winnipeg (2.40).
The worst 5 CHPQs belong to, in descending order: Los Angeles (0.50), Colorado (0.46), Washington (0.25), Boston (0.11), and finally Philadelphia (0.04).
Obviously this stat changes daily and is a very rough number since it doesn't account for some reasons why a team might be near the cap, such as injuries and LTIR.
Any thoughts? It's just for fun so feel free to flame away.
I did all the teams but wasn't sure if I should try to cram it into a single post.
I call it the "Cap Hit Performance Quotient" which produces the incredibly catchy acronym CHPQ.
I simply took each team's current cap hit rank (as per CapGeek.com) and divided by the team's current league rank (as per NHL.com) as of roughly 2 pm Pacific time.
The higher a team's CHPQ, the better. A CHPQ of 1 would be considered "good" or "fair" value. A perfect CHPQ would be 30, while the absolute worst would be 0.03. I rounded all values off to the nearest hundredth.
The top 5 CHPQs belong to: Anaheim (19.00), Nashville (6.75), NYI (3.67), Chicago (3.50), and Winnipeg (2.40).
The worst 5 CHPQs belong to, in descending order: Los Angeles (0.50), Colorado (0.46), Washington (0.25), Boston (0.11), and finally Philadelphia (0.04).
Obviously this stat changes daily and is a very rough number since it doesn't account for some reasons why a team might be near the cap, such as injuries and LTIR.
Any thoughts? It's just for fun so feel free to flame away.
I did all the teams but wasn't sure if I should try to cram it into a single post.