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Guest4178
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 Posted - 06/01/2012 : 11:42:20
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It was just announced that the new salary cap has been temporarily set to $70.3 million for the 2012-2013 season. (Contingent on a new CBA being signed.)
This is a jump from $64.3 million this past season, and when going back to the first season after the lock-out (2005-2006), this is almost double the salary cap which was set then. ($39 million.)
The league is boasting record revenues (around $3.3 billion), so the new proposed cap reflects the increased league revenues.
I'm not sure how many teams are making money, but if overall revenues are up (and teams are paying more in salaries), it means that fans are paying more.
I wonder how many people (fans in the seats) have experienced similar gains in their pay in the last seven years? As always, you can't blame the players for making more money (I wouldn't turn down more pay), and no one forces the owners to pay what they pay players. So it comes down to the revenue stream. If the money's there (and/or if some teams don't mind owning a team, and losing money), the salary cap is a formula which forces teams to keep their spending to a limit, and the fans can choose to show up or not.
It probably just means that ordinary folks (especially in the hot markets, where ticket prices are upwards of $200.00 for a pair of average seats) are not likely to be season ticket holders, but this has been the way for some time.
So if fans keep paying the freight (and television revenues, etc. keep going up), who can blame the players for making more money?
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mandree888
PickupHockey Pro
Canada
400 Posts |
Posted - 06/01/2012 : 12:38:33
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| do you have any documentation on this guest4178. i couldnt find it anywhere on NHL.com |
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nuxfan
PickupHockey All-Star
3670 Posts |
Posted - 06/01/2012 : 13:48:45
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http://www.sbnation.com/nhl/2012/6/1/3056815/nhl-salary-cap-2012-offseason-free-agency
I read a few articles that pegged the cap at anywhere from 69-73M for next year. It was merely a projection based on the revenue numbers, but if the revenue is there, then setting the cap is merely a formality. So 70M it is.
On a selfish side, this can only help a team like the Canucks. They usually have holes to fill with no cap space - this provides them about 6M in new free space, and I'm sure they'll make good use of it.
As for the overall league - I don't know what to say. There are always going to be small market teams that don't pay to the cap, regardless of what the cap is at. Its based on league-wide revenues, and if the revenue is there to support it, then I'm fine with the cap.
All that being said - until they sign a new CBA, they're just numbers. |
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Alex116
PickupHockey Legend
6113 Posts |
Posted - 06/02/2012 : 11:08:06
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| Haven't had time to read the article, but i'm wondering what the "floor" is set at? That too could help the Canucks as some teams will need to spend to reach that number. It could assist teams like the Canucks who may be looking to move some larger contracts (Luongo, Ballard, etc). |
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Guest4377
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$70.3 Million is New Salary Cap 
