Canucks and Cap Problems?

[PunjabiCanucks]

Going into the next season with LTIR we will be cap compliant

 

-

However the in 2023-2024:

the issue rises with primarily the resigning of Miller and Horvat

secondary pieces of Kuzmenko, Dermott, Schenn, Hoglander

tertiary pieces of :Burroughs and Keeper

 

Based on current cap space projections we would have 23 M approx to resign the above:

 

Miller and Horvat when resigned can take up 16M, leaving 7M for the rest

 

Kuzmenko being the wild card with unknown can take potentially 2 to 3M and heck if he plays really good 4 to 5M a year

Hoglander and Schenn if resigned can take 2M and 1M respectively

 

Lets say 3+2+1 = 6M of the 7 left over, meaning enough to sign 1 depth defenseman.

 

Now I'm not saying its impossible, but the $ value should work even in 2023- 2024.

 

---

In 2024 to 2025 we gain an additional 22 Million approximately with needing to resign Pettersson, Pearson, Dickinson, Podkolzin, Myers and Martin

 

Now Petty can easily have a beast of a season the next 2 years and take a cap of hypothetically 9M, Podkolzin continues to grow and takes a bridge deal like Petey and Boeser etc. for near 4M based on his current projection of getting better unless he has a beast of a season and takes 6M, lets call it 5M. Myers can be resigned for depth near 4M.

 

Meaning those 3= 9 + 5 + 4 = 18M

 

We still have 4M left for a back up goalie, and replacing Pearson, Dickinson, and potentially Martin. Now hopefully those players are traded in the season prior as rentals for other teams, asset management but regardless we have the potential of Karlsson, Klimovich, and Lekkerimaki stepping in at this point at ELC.

---

2025 to 2026 we gain an additional 10M with Boeser, Lazar to resign

 

Now based on current projections maybe both take up 8 to 9m when resigned

 

Furthermore at this point the cap should be going up more into possibly the low 90M giving us not and the rest of the teams an extra 5M in spending power.

 

---

 

My post is pretty much to say we may not be in such a huge cap fiasco as everyone thinks we may be down the road when we are contending for a cup.

I believe with smart resignings of core players and with potential in our young studs we have a chance to do it right. If we can find a #1RD soon while not losing key players we have a shot cap wise!

[JM_]

37 minutes ago, PunjabiCanucks said:

 

 

---

 

My post is pretty much to say we may not be in such a huge cap fiasco as everyone thinks we may be down the road when we are contending for a cup.

I believe with smart resignings of core players and with potential in our young studs we have a chance to do it right. If we can find a #1RD soon while not losing key players we have a shot cap wise!

good look at it. I think it will be hard to keep both Boeser and Garland over the next 2-3 seasons, I could see one of them having to go in order to get another RHD UFA in e.g. 

 

But its not quite as bad as it could be, given how much of the dead cap and other depth guys are moving off the roster and (hopefully) guys on ELCs like Klimovich and Karlsson coming in. 

 

[Nuxfanabroad]

Ol' Trucker Poolman is a big ?-mark, eh???

[Ghostsof1915]

There's going to be a lot of competition at training camp.

I will not be surprised if players get moved.

Saving $2.4 million of dead cap space helps.

By the start of training camp 2023 I think the team is going to look a lot different.

[aliboy]

So it's not so bad, good to know! 

[fanfor42]

Typically the reports out of Vancouver are Cap crunch chaos! This drives hits and views. But the reality is it is not that bad.

 

Also.  Are people paying attention to what inflation is doing?  The Cap is set based on league wide revenues.  Inflation is running between 7% and 13% across individual  provinces and states. Inflation applies to costs but will also significantly inflate revenues as time goes by.

 

The cap is going up my friends and possibly a lot in 2 to 3 years.

 

 

[Phil_314]

23 minutes ago, Ghostsof1915 said:

There's going to be a lot of competition at training camp.

I will not be surprised if players get moved.

Saving $2.4 million of dead cap space helps.

By the start of training camp 2023 I think the team is going to look a lot different.

Agreed; teams with stacked bluelines e.g. Jersey, Carolina will also need to send some folks to minors and maybe we could pluck someone off waivers (and with injuries to other teams, I'm sure we could find a taker for one of the pricier forwards in exchange for defensive help).  Pretty sure things will balance out and the cap will work out, esp. with the LTIR available.

[Gurn]

6 minutes ago, fanfor42 said:

Typically the reports out of Vancouver are Cap crunch chaos! This drives hits and views. But the reality is it is not that bad.

 

Also.  Are people paying attention to what inflation is doing?  The Cap is set based on league wide revenues.  Inflation is running between 7% and 13% across individual  provinces and states. Inflation applies to costs but will also significantly inflate revenues as time goes by.

 

The cap is going up my friends and possibly a lot in 2 to 3 years.

 

 

If wages have not kept up to inflation, there could end up being a lot of empty seats throughout the league. So revenues may not just keep going up from here.

Also,   doesn't a whole lot of escrow have to be dealt with before any major cap increase?

[wildcam]

1 hour ago, PunjabiCanucks said:

Going into the next season with LTIR we will be cap compliant

 

-

However the in 2023-2024:

the issue rises with primarily the resigning of Miller and Horvat

secondary pieces of Kuzmenko, Dermott, Schenn, Hoglander

tertiary pieces of :Burroughs and Keeper

 

Based on current cap space projections we would have 23 M approx to resign the above:

 

Miller and Horvat when resigned can take up 16M, leaving 7M for the rest

 

Kuzmenko being the wild card with unknown can take potentially 2 to 3M and heck if he plays really good 4 to 5M a year

Hoglander and Schenn if resigned can take 2M and 1M respectively

 

Lets say 3+2+1 = 6M of the 7 left over, meaning enough to sign 1 depth defenseman.

 

Now I'm not saying its impossible, but the $ value should work even in 2023- 2024.

 

---

In 2024 to 2025 we gain an additional 22 Million approximately with needing to resign Pettersson, Pearson, Dickinson, Podkolzin, Myers and Martin

 

Now Petty can easily have a beast of a season the next 2 years and take a cap of hypothetically 9M, Podkolzin continues to grow and takes a bridge deal like Petey and Boeser etc. for near 4M based on his current projection of getting better unless he has a beast of a season and takes 6M, lets call it 5M. Myers can be resigned for depth near 4M.

 

Meaning those 3= 9 + 5 + 4 = 18M

 

We still have 4M left for a back up goalie, and replacing Pearson, Dickinson, and potentially Martin. Now hopefully those players are traded in the season prior as rentals for other teams, asset management but regardless we have the potential of Karlsson, Klimovich, and Lekkerimaki stepping in at this point at ELC.

---

2025 to 2026 we gain an additional 10M with Boeser, Lazar to resign

 

Now based on current projections maybe both take up 8 to 9m when resigned

 

Furthermore at this point the cap should be going up more into possibly the low 90M giving us not and the rest of the teams an extra 5M in spending power.

 

---

 

My post is pretty much to say we may not be in such a huge cap fiasco as everyone thinks we may be down the road when we are contending for a cup.

I believe with smart resignings of core players and with potential in our young studs we have a chance to do it right. If we can find a #1RD soon while not losing key players we have a shot cap wise!

I really like your post. I think after training camp there will be some surprises. I think Rathbone, Lockwood, Joshua,  Kuzmenko will have fans excited.. I really think Podkolzin is going to start where he left off at end of season.

I can see teams making moves and we have lots of wingers.

Boeser, Garland, Mikheyev, Podkolzin, Kuzmenko, Hoglander,  Pearson, Joshua, Lockwood...

I still feel there will be a Miller trade-- I feel we won't save much cap space with players back in trade? Maybe 1.5- 2 million

Also feel a winger could be moved if right deal for RD man is available?

Very exciting season coming...

[fanfor42]

10 minutes ago, gurn said:

If wages have not kept up to inflation, there could end up being a lot of empty seats throughout the league. So revenues may not just keep going up from here.

Also,   doesn't a whole lot of escrow have to be dealt with before any major cap increase?

Escrow is being dealt with this year and next.  Parking concession merchandise and uniform sales will be inflated.  TV revenues will be going way up next contract.

 

No chance the cap doesn't go up a lot in 2 to 3 years partner.

 

 

[Zhukini]

That's with no additions at all. 

[JM_]

21 minutes ago, Zhukini said:

That's with no additions at all. 

Karlsson and Klimovich on ELCs can replace Pearson and Dickie in the F group to save cap. 

[Elias Pettersson]

We have the room to sign both Miller and Horvat.  Worst case scenario is we can trade Garland to free up the money.  The cap will be at $90 million in 3-4 years, so the cap space will be there to fit all of our star players.  We will even have the cap space to sign Hughes to a mega deal as OEL will be off the books the same summer.

 

I have no problem with JR/PA if they re-sign Miller to an 8x8 contract, or 9x7.  Not sure why everyone else is freaking out.  In 3-4 years, you will see guys being re-signed to $13-$15 million deals.  What do you think McDavid and Draisaitl are going to get in 3-4 years?  What is MacKinnon going to get next summer?  $12 million?

 

$9 million won't even be a top 20 contract in 3 years.  

Edited August 18, 2022 by Elias Pettersson

[JM_]

1 minute ago, Elias Pettersson said:

In 3-4 years, you will see guys being re-signed to $13-$15 million deals 

hey wait a minute..... are you saying what I think you're saying 

[Elias Pettersson]

2 minutes ago, JM_ said:

hey wait a minute..... are you saying what I think you're saying 

Yes I am okay with re-signing Miller to an 8x8 or 9x7 contract.  The cap will be over $100 million by the time Miller is 35-36 years old.  $9 million in 5 years won't even be a top 30 contract.

 

People that think that $9 million is alot of money for an elite athlete probably don't follow other sports.  Matthew Stafford signed a $65 million per year contract extension with the Rams this summer.  Lebron James just signed a 2 year $97 million extension with the Lakers.  These guys make $9 million every month.  Hockey players are vastly under paid compared to other athletes.  Golfers can make up to $5 million in a single tournament.  

[smithers joe]

7 minutes ago, Elias Pettersson said:

We have the room to sign both Miller and Horvat.  Worst case scenario is we can trade Garland to free up the money.  The cap will be at $90 million in 3-4 years, so the cap space will be there to fit all of our star players.  We will even have the cap space to sign Hughes to a mega deal as OEL will be off the books the same summer.

 

I have no problem with JR/PA if they re-sign Miller to an 8x8 contract, or 9x7.  Not sure why everyone else is freaking out.  In 3-4 years, you will see guys being re-signed to $13-$15 million deals.  What do you think McDavid and Draisaitl are going to get in 3-4 years?  What is MacKinnon going to get next summer?  $12 million?

 

$9 million won't even be a top 20 contract in 3 years.  

unless covid  doesn't strike again.

[Elias Pettersson]

3 minutes ago, smithers joe said:

unless covid  doesn't strike again.

Let's hope for the best Joe.  Obviously that would be the worst case scenario for everyone...

[Muttley]

12 minutes ago, Elias Pettersson said:

Yes I am okay with re-signing Miller

Indeed!  That's because you know how many points he helps you get and vice versa. Maybe this campaign 40 gets the ninety & 9 gets eighty eight. Can hear

the roar of the fans already and I can hear local Vancouver media saying; Oh that's what I said...

[RetroCanuck]

@PunjabiCanucks If we make no player changes as you suggest and merely remain Cap compliant will we win a cup? 

 

I understand and appreciate what your saying, but keeping status quo in my opinion wont lead to a cup. Your better off selling high on assets and continuously improving your young core pieces while stockpiling your draft/prospect system. Prime example is Tampa.

 

We may be cap complaint going forward, but that doesn't make us better.

[Chris12345]

13 minutes ago, RetroCanuck said:

@PunjabiCanucks If we make no player changes as you suggest and merely remain Cap compliant will we win a cup? 

 

I understand and appreciate what your saying, but keeping status quo in my opinion wont lead to a cup. Your better off selling high on assets and continuously improving your young core pieces while stockpiling your draft/prospect system. Prime example is Tampa.

 

We may be cap complaint going forward, but that doesn't make us better.

Is there a NHL team that isn't cap compliant come puck drop?

Edited August 18, 2022 by Chris12345