Tuesday, February 20, 2007

Who's got space to burn?

I'm looking high and low for a list of the amount of cap space teams have remaining, and so far the best resource I've found is over at Irish Blues.

The one thing that really stands out, however, is that four teams — including the Toronto Maple Leafs — are currently on pace to finish over the $44-million salary cap. My guess is that this isn't factoring in a few pending injury exemptions, but I'm curious if anyone else has a crystal clear picture of just how much room teams like Toronto have at the moment.

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8 Comments:

At 5:49 PM, February 20, 2007, Anonymous Karina said...

Well, that can't be taking into account the fact that Peca's been on the IR for half the season, so whatever portion of his $2.5 mill should be off of that... the Leafs have had tons of injuries, so that's probably why they seem to be over the cap.

 
At 6:11 PM, February 20, 2007, Blogger Tom L said...

James,

IB's site is the best that I've seen and he really knows his Capology. That's who Matt and I go to for all of our Cap-related quandaries.

According to Matt, he keeps the "Salary-By-Team" spreadsheet opne 24/7 anymore.

Ta,

 
At 6:22 PM, February 20, 2007, Blogger James Mirtle said...

Karina — injured players count against the cap. Even players who qualify as long-term exemptions count against it, but their presence allows teams to go over the cap maximum.

The Leafs are, in fact, over the cap and the only thing that allows them to be in that position will be the LTI designation for Peca (whenever that kicks in).

 
At 6:59 PM, February 20, 2007, Blogger Joe Pelletier said...

My question, and no one has been able to answer this, is what happens if a team spends above the cap? (or for that matter below the floor?). Is there significant fines? Loss of draft picks?

Joe Pelletier
------------------
http://www.1972summitseries.com
http://www.legendsofhockey.blogspot.com

 
At 7:03 PM, February 20, 2007, Blogger James Mirtle said...

Joe — the amount the team is over the cap will be deducted from the following season's cap. I don't know off the top of my head what the long-term ramifications of this are, but it's safe to say the NHL has a hard cap in every sense of the word. Going over the cap will also prevent a team from acquiring players or making other related roster decisions.

I'd be very surprised if anyone ever exceeds it by any noteworthy amount.

 
At 7:11 PM, February 20, 2007, Anonymous Karina said...

Just when I thought I'd finally begun to understand the salary cap.....

 
At 9:37 PM, February 20, 2007, Anonymous Anonymous said...

its interesting to see how much my Blackhawks and a team like Philly are spending and how wasted it is. They could just be like Washington and spend next to nothing and still finish at the bottom.

 
At 6:44 PM, February 21, 2007, Anonymous Kevin Forbes said...

I thought I remembered hearing that players would be ruled ineligible to play until the team was under the cap, but I am unsure.
It was right after the lockout when a lot of the rules of the new CBA were murky though.

 

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