Caboose Posted December 10, 2014 Share Posted December 10, 2014 Kane and Toews have the same representation. The negotiation probably went something like this: "You give my clients 11 million each or they both walk" "OK" Link to comment Share on other sites More sharing options...
unknown33429 Posted December 10, 2014 Share Posted December 10, 2014 Kane and Toews have the same representation. The negotiation probably went something like this: "You give my clients 11 million each or they both walk" "OK" There are legal obligations that would prevent the negotiations from going like you said. It would essentially be illegal for Stan bowman to do what you said, because he owes a fiduciary duty to the owners to act in their best interest. What you are suggesting is essentially negligence. No one who got to the position of Stan would be that stupid. The only real gauge of success in this business is winning. Finally, Stan Bowman got the team 2 cups, so he is better than all the GM's Vancouver has ever had (assuming we are all able to spend to the cap). Link to comment Share on other sites More sharing options...
freebuddy Posted December 10, 2014 Share Posted December 10, 2014 Don't really understand the concern. Unlike Canadian teams, they collect their gate in U.S. $, and they limped along at 6000 average attendance for years before they became a success again. They shouldn't be in any worse shape than any other high cap team, and they do have good ways of burying their underperforming goalies in Europe! :D Link to comment Share on other sites More sharing options...
Hairy Kneel Posted December 16, 2014 Share Posted December 16, 2014 Maybe the NHL should be spending more effort to drive up revenue from the lower half of the league. I don't think they can because Canadian teams make up almost 66% of the league revenue. Honestly we don't enforce our clout enough on the NHL. unless Florida and Columbus have a bake sale maybe.. http://www.forbes.com/nhl-valuations/ (rough estimate) Link to comment Share on other sites More sharing options...
Mackcanuck Posted December 16, 2014 Share Posted December 16, 2014 Has everybody forgotten about the 20% escrow the owners are holding back from player salaries? Cap increases must be approved by the NHLPA and the players certainly don't want to have another increase in the escrow. The escrow started out at 10% of player salaries it is now 20% Escrow in a nutshell If players' compensation does not go higher than their 50 percent HRR allotment for the season, they will be refunded the escrow payments with interest. However, if the players' compensation exceeds the 50 percent share, the owners will be paid the escrow money. Link to comment Share on other sites More sharing options...
nuckin_futz Posted January 22, 2015 Author Share Posted January 22, 2015 These concerns aren't going away any time soon. At the time this was first posted in Late November the Loonie stood at 1.1427 to the USD. After today's surprise interest rate cut by the Bank of Canada the Loon stands at 1.2367 to the USD. This cannot/will not bode well for next year's salary cap. Link to comment Share on other sites More sharing options...
Nuxfanabroad Posted January 22, 2015 Share Posted January 22, 2015 I'm not losing sleep for these privileged,overpaid crooks..but the Arizona(Moyes) ruling might also dampen NHL HQ spirits, until their next scam. Just move Ariz to Seattle, & Flo to Quebec, so we can get on with sensible business, please. Link to comment Share on other sites More sharing options...
Mackcanuck Posted January 22, 2015 Share Posted January 22, 2015 The Canadian dollar is tumbling; will it affect next season’s salary cap? (Updated with comment from Daly) The Canadian dollar is tumbling today after the Bank of Canada surprised the market with a rate cut. At last glance, the loonie held a value of just under $0.81 USD, well down from the $0.89 USD value it held in November. Blame the crash in the price of oil for that. Why is this relevant for hockey fans? Well, because it has the potential to affect next season’s salary cap. Specifically, it has the potential to affect it downwards. On Dec. 8, the NHL pegged next season’s salary cap at $73 million, with the caveat that the Canadian dollar couldn’t fall in a significant way. Well, it’s fallen. And we’d have to say in a significant way. And big-spending teams like the Chicago Blackhawks can’t love what’s happening. We’ve emailed NHL deputy commissioner Bill Daly for a comment. Should we hear back, we’ll post his reply. According to Sportsnet’s Chris Johnston, teams have been assured that the cap won’t fall below $71 million. Chris JohnstonVerified account@reporterchris @JasonPHT Now. League assured governors it won't go below $71M because of business already done at higher exchange rate + TV money. Update: Reply from Daly: “[The salary cap] obviously moves downward when the Canadian dollar goes down, but the move is not what I would consider material.” Translation: Don’t freak out too much, Blackhawks fans. Just a little freaking out will suffice. http://prohockeytalk.nbcsports.com/2015/01/21/the-canadian-dollar-is-tumbling-will-it-affect-next-seasons-salary-cap/ Link to comment Share on other sites More sharing options...
canucks.brad Posted January 22, 2015 Share Posted January 22, 2015 Toets is my favourite player but signing for the amount of money he did crippled the team...just dumb Link to comment Share on other sites More sharing options...
Hunter.S-Kerouac Posted January 23, 2015 Share Posted January 23, 2015 Toets is my favourite player but signing for the amount of money he did crippled the team...just dumb ^^ Toets this! Link to comment Share on other sites More sharing options...
Hunter.S-Kerouac Posted January 23, 2015 Share Posted January 23, 2015 Saad goes Rfa when their new contracts kick in Sooo Offersheet? yes Link to comment Share on other sites More sharing options...
Burnsey Posted January 23, 2015 Share Posted January 23, 2015 Sharp or Seabrook would be nice. Both would help for the area's we need (top 6, defense) but both would cost a bit to get... Link to comment Share on other sites More sharing options...
apollo Posted January 23, 2015 Share Posted January 23, 2015 The dollar dropped once again. There's no way on earth they can raise the cap 3 million... The nhl is primarily Canadian revenue driven. Unless the dollar recovers and goes back to 90 ish hopefully. It's 0.79 today. I don't see them trading sharp within the conference. Link to comment Share on other sites More sharing options...
JohnScott Posted January 23, 2015 Share Posted January 23, 2015 Hahahahaha -Canada Link to comment Share on other sites More sharing options...
unknown33429 Posted January 23, 2015 Share Posted January 23, 2015 This is parity about to kick in. Ideal situation for people that want all teams to be competitive. If you think this is bad, look at some mediocre teams that are against the cap, like the Leafs. Lol. Link to comment Share on other sites More sharing options...
Nuxfanabroad Posted January 23, 2015 Share Posted January 23, 2015 Nasty little Bettman will intervene with a rule-change for the cap. He doesn't want US teams losing key guys. Link to comment Share on other sites More sharing options...
coastal.view Posted January 23, 2015 Share Posted January 23, 2015 it was not long ago at all that the salary cap forecasts were for a cap of 90 million within 5 to 7 years or so that is the context in which the toews / kane contracts were signed take a 7.5 million annual contract and increase it by 30 to 35 percent the fall of oil prices was not really in anyones forecast canada was considered one of the strongest economies in the G7 it's likely that the salary cap stagnation will last a year or 2 at most and sydney crosby gets paid 12 million per year for those who think toews/kane earn more crosby signed a luongo type contract just before the last collective agreement expired you cannot compare these contracts Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted January 23, 2015 Share Posted January 23, 2015 Keith for Lain. Oh darn, we already traded Lain. Forget it then. We did? Dunno why everyone got a boner over that kid. He wasn't anything special at all. Link to comment Share on other sites More sharing options...
canuktravella Posted January 23, 2015 Share Posted January 23, 2015 thats gross dude Link to comment Share on other sites More sharing options...
McBackup Posted January 23, 2015 Share Posted January 23, 2015 it was not long ago at all that the salary cap forecasts were for a cap of 90 million within 5 to 7 years or so that is the context in which the toews / kane contracts were signed take a 7.5 million annual contract and increase it by 30 to 35 percent the fall of oil prices was not really in anyones forecast canada was considered one of the strongest economies in the G7 it's likely that the salary cap stagnation will last a year or 2 at most and sydney crosby gets paid 12 million per year for those who think toews/kane earn more crosby signed a luongo type contract just before the last collective agreement expired you cannot compare these contracts That was a lovely poem. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.