Monday, July 18, 2005

Canucks and the Cap

The NHL's team-by-team salary cap is set at $39 million next season. For the 2005/2006 season, the Canucks only have the following players signed:
  • Alex Auld - $675,000 (with 24% rollback - $513,000)
  • Todd Bertuzzi - $6.933 million ($5.269 million)
  • Ed Jovanovski - $5.25 million ($4 million)
  • Ryan Kesler - $925,000 ($703,000)
  • Trevor Linden - $2 million ($1.52 million)

(Note: I know Kesler isn't listed on the TSN site, but I'm almost 100 % sure he's signed for the season.)

With the exception of Markus Naslund and Brad May who are unrestricted free agents, the remainder of the 2003/2004 team are restricted free agents. Assuming that the restricted free agents accept their qualifying offers, and taking into account the proposed 24% rollback, the Canucks will have $28 million committed in salaries before the free agency season begins.

Markus Naslund, who is coming from another NHL first-team all-star appearance and has been the Canucks' heart and soul in the last few seasons, is bound to get a lot of offers for close to the maximum salary (20% of the team-by-team cap or approximately $7.8 million per year). But even if he re-signs in Vancouver, the Canucks will be able to keep their core players and have a couple of million dollars to upgrade the team and sign another player or two - a great position to be in considering their closest rivals (ie. Avs and Red Wings) can't re-sign or have to buyout key roster players to fit under the cap.Tomorrow, I'll share some of my armchair quarterback ideas on how the Canucks should upgrade.

posted by J.J. Guerrero, 11:12 PM


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