Tuesday, October 25, 2005
Projecting The Cap
Did some quick number crunching in light of the recent 12% escrow payment required from the players. If the 12% number holds true until the end of the season when league revenues are calculated, it means that this season's total league revenues will equal approximately $1.5 billion. This, in turn, means that next season's salary cap will equal $35 million; the salary floor will equal $19 million.
For teams like the Canucks who are estimated to use the entire cap amount of $39 million this season, it will be interesting to see how they will shed approximately $4 million in salary in the off-season. League-wide, it will be interesting to see how many elite free agents will end up in traditionally low-salary teams with tons of cap space like Washington, Carolina and Minnesota.
For teams like the Canucks who are estimated to use the entire cap amount of $39 million this season, it will be interesting to see how they will shed approximately $4 million in salary in the off-season. League-wide, it will be interesting to see how many elite free agents will end up in traditionally low-salary teams with tons of cap space like Washington, Carolina and Minnesota.
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