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[Rumour] Salary Cap to go up


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It's funny that every CBA negociations, the NHL pulls out arguments that the NHL is poor, franchises are struggling, bla bla bla....yet every year the salary cap (meaning revenues) goes up consistently (average of 3.1 and standard deviation of 2.8) since the start in 05-06.

 

Having a hard time believing that the NHL revenues have been so consistent the past 14 years...I'm thinking that a lot of creative accounting is going on behind closed doors.

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Just now, timberz21 said:

It's funny that every CBA negociations, the NHL pulls out arguments that the NHL is poor, franchises are struggling, bla bla bla....yet every year the salary cap (meaning revenues) goes up consistently (average of 3.1 and standard deviation of 2.8) since the start in 05-06.

 

Having a hard time believing that the NHL revenues have been so consistent the past 14 years...I'm thinking that a lot of creative accounting is going on behind closed doors.

Players are paying for it. 

 

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1 minute ago, Warhippy said:

Players got hosed.  Free agency this year will be insane with a guy like Carlson possibly getting $7 million or more.  There WILL be a lockout and hopefully they'll allow for another round of compliance buyouts ;)

 

 

Not only did the cap go up but there were 22 new NHL jobs this season AND 22 more in a few years. players are doing just fine.

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42 minutes ago, mll said:

Players are paying for it. 

 

I think more accurately, the players at the lower end of the wage scales have been paying for it. The star players are like the CEO's of companies whereby their salaries rise at a much faster rate than the rank and file.

 

Year              Salary Cap     NHL Minimum     NHL Maximum      
2005-2006
$39.0m     
$450,000      
$7.8m     
2006-2007
$44.0m     
$450,000      
$8.8m     
2007-2008
$50.3m     
$475,000      
$10.06m     
2008-2009
$56.7m     
$475,000      
$11.34m     
2009-2010
$56.8m     
$500,000      
$11.36m     
2010-2011
$59.4m     
$500,000      
$11.88m     
2011-2012
$64.3m     
$525,000      
$12.86m     
2012-2013
$70.2m     
$525,000      
$14.04m     
2013-2014
$64.3m     
$550,000      
$12.86m     
2014-2015
$69.0m     
$550,000      
$13.8m     
2015-2016
$71.4m     
$575,000      
$14.3m     
2016-2017
$73.0m     
$575,000      
$14.6m     
2017-2018
$75.0m     
$650,000      
$15.0m     


The team salary cap has increased 92% since 2005 (an average of 7% per year), providing for maximum player salary to rise by the same margin. Minimum wage, on the other hand, has increased only 44% during that span (an average of 3.4% per year), half of their top earner counterparts.  Thus, while maximum salary has been tied to the spectacular increase in team salary cap, minimum salary has not. 

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24 minutes ago, Rick Blight said:

I think more accurately, the players at the lower end of the wage scales have been paying for it. The star players are like the CEO's of companies whereby their salaries rise at a much faster rate than the rank and file.

 

Year              Salary Cap     NHL Minimum     NHL Maximum      
2005-2006
$39.0m     
$450,000      
$7.8m     
2006-2007
$44.0m     
$450,000      
$8.8m     
2007-2008
$50.3m     
$475,000      
$10.06m     
2008-2009
$56.7m     
$475,000      
$11.34m     
2009-2010
$56.8m     
$500,000      
$11.36m     
2010-2011
$59.4m     
$500,000      
$11.88m     
2011-2012
$64.3m     
$525,000      
$12.86m     
2012-2013
$70.2m     
$525,000      
$14.04m     
2013-2014
$64.3m     
$550,000      
$12.86m     
2014-2015
$69.0m     
$550,000      
$13.8m     
2015-2016
$71.4m     
$575,000      
$14.3m     
2016-2017
$73.0m     
$575,000      
$14.6m     
2017-2018
$75.0m     
$650,000      
$15.0m     


The team salary cap has increased 92% since 2005 (an average of 7% per year), providing for maximum player salary to rise by the same margin. Minimum wage, on the other hand, has increased only 44% during that span (an average of 3.4% per year), half of their top earner counterparts.  Thus, while maximum salary has been tied to the spectacular increase in team salary cap, minimum salary has not. 

It's odd how the NHL maximum and minimum rise at such vastly different rates.  In a lot of years the maximum rises at a larger percentage than the minimum, but then in other years, 2016-17 to 2017-18 for instance, the minimum rose 13% while the max only rose 2%.  It doesn't really make much sense. 

 

In any case your point still stands, over that time period the max salary has risen at a much higher rate than the minimum.

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The last thing that needs to happen for this franchise. Canucks management needs to lock their phones in a box on July 1st. 

 

More lacklustre players like Eriksson, Gagner, and Del Zotto, are not what the Canucks need. 

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2 hours ago, The Sedge said:

It's odd how the NHL maximum and minimum rise at such vastly different rates.  In a lot of years the maximum rises at a larger percentage than the minimum, but then in other years, 2016-17 to 2017-18 for instance, the minimum rose 13% while the max only rose 2%.  It doesn't really make much sense. 

 

In any case your point still stands, over that time period the max salary has risen at a much higher rate than the minimum.

The maximum salary is 20% of the cap.  No idea how they calculate the league minimum, but it's likely a negotiated number.  I'd be interested in what the cap 
"floor" is in each of the years shown above.  

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9 minutes ago, Kaner said:

The last thing that needs to happen for this franchise. Canucks management needs to lock their phones in a box on July 1st. 

 

More lacklustre players like Eriksson, Gagner, and Del Zotto, are not what the Canucks need. 

Agreed. Cap space is an asset. Sit back and wait to see what offers come our way. Teams are always looking for creative ways to become cap compliant or shed dead weight. 

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