Thursday, December 13, 2007

Anatomy Of A Salary Cap Crisis

In the wake of Mike Richards' new contract signing today, I figured the Flyers were painting themselves into a corner in regards to the salary cap. Never one to ignore a hunch, I opened up the Flyers page at nhlnumbers.com, took into account the new deal for Richards, and then found the following situation facing the Flyers:

  • Daniel Briere - $6.5 million cap hit (8 years remaining)
  • Kimmo Timonen - $6.33 million cap hit (6 years remaining)
  • Mike Richards - $5.75 million cap hit (12 years remaining)
  • Simon Gagne - $5.25 million cap hit (4 years remaining)
  • Scott Hartnell - $4.08 million cap hit (6 years remaining)
  • Derian Hatcher - $3.5 million cap hit (2 years remaining)
  • Mike Rathje - $3.5 million cap hit (3 years remaining) yikes!
  • Martin Biron - $3.5 million cap hit (2 years remaining)
That's over $38 million committed to 8 players, with the cap currently sitting at $50.3 million. I hope the flyers have a long list of players willing to play for the league minimum, because they have to fill out the remaining two thirds of their roster for about $12 million. I can already smell Kevin Lowe getting an offer sheet ready for R.J. Umberger.

3 comments:

Danny said...

I thought Rathje's didnt count, because he was on the long term injury

Hooks Orpik said...

Danny's right, Rathje isn't counting against the cap right now and it doesn't look like he'll ever be healthy enough to play in the NHL again.

And surely with some careful buyouts (like Hatcher or Briere somewhere down the road) and manuevering I don't feel the Flyers are in THAT much of a crunch.

The core for any talented team is going to command the lionshare of it's cap-space. But it's a lot easier to add some vets at minimum wage to round out the lineup than to add premier players.

JJ said...

Should there be a Salary Cap in Football?
Personally I think there should be! It’s just getting to be stupid money in football at the top of the premiership!
It’s always the same teams at the top proving that football success is based purely on money which ruins the idea of it being a sport! They’ve done it in rugby, basketball, hockey and American football and it makes the sports more competitive and better to watch!
I do a little Spread Betting from time to time and most matches don’t hold much surprise who is going to win, its boring! I want to see a team at the bottom pulling off an amazing season beating last seasons winners in a close fought battle!
Make things fair! It shouldn’t be about money!
Plus!
All there is all that money in the premiership and barely any of it stays in the UK so it’s not even helping the economy!
From my Spread Betting, if I ever win big (which is never, I’m unlucky) it’s still nothing compared to the average premiership players weekly wage!
This Rant was brought to you by Spread Betting Spike.