06-08-2024, 05:33 PM
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#1
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Franchise Player
Join Date: Feb 2006
Location: Calgary, AB
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2024-25 NHL Salary Cap set at $88 million
https://twitter.com/user/status/1799554808690385044
Quote:
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the national hockey league and the national hockey league players’ association announced today that the team payroll range established for the 2024-25 league year, pursuant to the collective bargaining agreement, provides for a lower limit of $65.0 million, a midpoint of $76.5 million and an upper limit of $88.0 million.
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Turn up the good, turn down the suck!
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06-08-2024, 05:37 PM
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#2
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damn onions
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Why is a midpoint relevant?
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06-08-2024, 05:42 PM
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#3
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Powerplay Quarterback
Join Date: Aug 2016
Location: Calgary
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Quote:
Originally Posted by Mr.Coffee
Why is a midpoint relevant?
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The writer had a word count requirement for the article
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06-08-2024, 05:46 PM
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#4
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Franchise Player
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Flames with $20 million in cap space with a 19 man roster currently
Plus a good chance at least half of Markstrom's $6 million ticket is also gone by the draft.
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06-08-2024, 05:50 PM
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#5
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Franchise Player
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Quote:
Originally Posted by Roof-Daddy
Flames with $20 million in cap space with a 19 man roster currently
Plus a good chance at least half of Markstrom's $6 million ticket is also gone by the draft.
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And the Oilers have $10 million with a 14 man roster 
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06-08-2024, 05:53 PM
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#6
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First Line Centre
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Quote:
Originally Posted by Snuffleupagus
And the Oilers have $10 million with a 14 man roster |
They're also about to start the Stanley Cup final. Like who cares what their cap situation is next year, they're currently playing for the Stanley cup lol
__________________
MMF is the tough as nails cop that "plays by his own rules". The force keeps suspending him when he crosses the line but he keeps coming back and then cracks a big case.
-JiriHrdina
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06-08-2024, 06:03 PM
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#7
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First Line Centre
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The Flames talk about "weaponizing" the cap space? havent really seen them do that. Montreal does it and gets 2 first round picks for Monahan.
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06-08-2024, 06:09 PM
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#8
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Franchise Player
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Quote:
Originally Posted by dirk diggler
The Flames talk about "weaponizing" the cap space? havent really seen them do that. Montreal does it and gets 2 first round picks for Monahan.
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They just retained on both Hanifin and Tanev at the TDL
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06-08-2024, 06:11 PM
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#9
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Franchise Player
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Quote:
Originally Posted by BigThief
They're also about to start the Stanley Cup final. Like who cares what their cap situation is next year, they're currently playing for the Stanley cup lol
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The thread is about 24/25 and I care because I don't want to go thru this nightmare next year.
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06-08-2024, 06:11 PM
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#10
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Franchise Player
Join Date: Feb 2006
Location: Calgary, AB
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Technically, the midpoint is the most-relevant thing because it's what is calculated from the past HRR values. The cap and floor are calculated relative to the midpoint.
Under the changes to the CBA after COVID, to calculate the cap you first calculate the midpoint of the salary range: - Take the final HRR value from 2 seasons prior (in this case, 2022-23).
- Divide that number in half to get the Players' share of HRR.
- Divide that number by the number of teams in the league to get the per-team share.
This gives you the midpoint for the salary range for the upcoming season. The cap is set to 115% of the midpoint and the floor is set to 85% of the midpoint.
Granted, currently, there is a limit to the amount the cap can increase year-over-year at 5% (although, this is slightly higher than 5%), so the formula doesn't really matter until the growth in the cap has caught up to the growth in revenue.
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06-08-2024, 06:19 PM
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#11
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Franchise Player
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Was the cap 83 this year?
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I hate just about everyone and just about everything.
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06-08-2024, 06:22 PM
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#12
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Franchise Player
Join Date: Feb 2006
Location: Calgary, AB
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Quote:
Originally Posted by memphusk
was the cap 83 this year?
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83.5
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06-08-2024, 06:36 PM
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#13
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Franchise Player
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Quote:
Originally Posted by Roof-Daddy
They just retained on both Hanifin and Tanev at the TDL
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Yeah that helped a little but it’s really just expected at the deadline. You don’t get much for it.
They need to turn some of this cap space into draft capital this summer and not waste it on veterans who won’t be part of a contending team.
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06-08-2024, 06:38 PM
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#14
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First Line Centre
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Quote:
Originally Posted by Strange Brew
Yeah that helped a little but it’s really just expected at the deadline. You don’t get much for it.
They need to turn some of this cap space into draft capital this summer and not waste it on veterans who won’t be part of a contending team.
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very true, Montreal has some pretty bad contracts for example, if the term isnt too long, perhaps try to get that pick back.
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06-09-2024, 02:22 PM
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#15
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First Line Centre
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Quote:
Originally Posted by getbak
83.5
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Everyone cool to think of Huberdeau as a 6.5 million per year player henceforth?
 
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06-09-2024, 08:28 PM
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#16
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA/Scottsdale, AZ
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Quote:
Originally Posted by Strange Brew
Yeah that helped a little but it’s really just expected at the deadline. You don’t get much for it.
They need to turn some of this cap space into draft capital this summer and not waste it on veterans who won’t be part of a contending team.
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So trade and buyout? Cal Petersen would be a good candidate.
Cam Atkinson too.
Maybe there is a deal to be made with Philly and exploit a newbie GM.
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Last edited by DoubleK; 06-09-2024 at 09:09 PM.
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06-09-2024, 09:26 PM
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#17
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Franchise Player
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Quote:
Originally Posted by dirk diggler
The Flames talk about "weaponizing" the cap space? havent really seen them do that. Montreal does it and gets 2 first round picks for Monahan.
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Not exactly true and they also had a 10M goalie go on LTIR coming out of the pandemic which killed the cap. It's not like it was shrewd planning.
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GFG
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06-09-2024, 09:31 PM
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#18
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First Line Centre
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Quote:
Originally Posted by dino7c
Not exactly true and they also had a 10M goalie go on LTIR coming out of the pandemic which killed the cap. It's not like it was shrewd planning.
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Dude, they traded for Monahan from Calgary and got a 1st round pick for him. They traded him away to Winnipeg and got a 1st round pick for him. That's exactly true.
__________________
MMF is the tough as nails cop that "plays by his own rules". The force keeps suspending him when he crosses the line but he keeps coming back and then cracks a big case.
-JiriHrdina
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06-09-2024, 11:56 PM
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#19
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Franchise Player
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Quote:
Originally Posted by BigThief
Dude, they traded for Monahan from Calgary and got a 1st round pick for him. They traded him away to Winnipeg and got a 1st round pick for him. That's exactly true.
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That doesn't mean it was shrewd planning. It means they found a way to mitigate the disaster of paying $10.5 million a year for five years to a goalie who couldn't play.
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06-10-2024, 06:53 AM
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#20
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First Line Centre
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Lmao who cares, they did it. dino7c downplaying how brilliant it is because he hates any criticism of The Flames doesn't change that
__________________
MMF is the tough as nails cop that "plays by his own rules". The force keeps suspending him when he crosses the line but he keeps coming back and then cracks a big case.
-JiriHrdina
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