Quote:
Originally Posted by heep223
This is pretty significant I'd say, considering that many teams model in a slight increase in the cap every year in their long term planning. And the drop in CAD certainly does have an obvious impact on the Flames as Ricardo points out, revenues are in CAD and payroll is in USD. This has a significant detrimental impact on their bottom line. Though I agree that it's silly to wonder whether it will impact the Flames ownership group as to whether they'll spend to the cap - they will and they've given the green light over and over to do so, regardless of business conditions.
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Yeah, this was the impetus behind my response to ricardo in the first place. To sum up: Yes, the devalued Canadian dollar is likely to have an impact on league-wide revenues, which will in turn affect the cap (though I would consider my completely baseless estimate of a 3–5% drop next year to be exceptionally high). No, this will not have an impact on the Flame ability, nor their mandate to spend to the cap.