Marty Walsh officially took command of the NHLPA on Monday, and the former U.S. Secretary of Labor’s first trade union operations order lifted the cap to $1 million in exchange for a 6% increase in escrow caps for next season.
You can take it to Silicon Valley Bank.
The general manager has been operating under extreme pressure for the past four years, but with the disruption to revenue generation caused by the pandemic, the cap has fallen by just 300, from $79.5 million in 2018-19 to $82.5 million this season. million dollars increased.
As Gary Bettman said at last week’s GM meeting, it will increase to $83.5M next season unless the PA gives something back. That’s the escrow cap the union won during his CBA extension negotiations for 2020. “It’s an inseparable relationship,” said the commissioner.
It’s always a commissioner’s negotiation, never a collaboration. Demand is always there. Currently, the PA’s escrow debt to the league is believed to be approximately $100 million. Thus, the Commissioner is holding the NHL general manager hostage for about $3 million, which the owner will not miss, to be recovered next season, according to an MOU documenting the terms of the extension.
Understanding. Teams will suffer more than players under this no-compromise stance, as the front office will work on yet another minimal increase that will see the cap increase by 5.03% over his five seasons. It’s not the extravagant spending that has put about half the league in Cap’s predicament this season, but his LTI use necessary to stay compliant. It’s a flat cap.
I have always sought higher limits, even at the cost of higher escrow. Because I believe the league and the majority of players benefit from having as much money in the system as possible. But not this time. This is because it does not benefit the majority of players.
Calculating 23 players per team, the league has 736 roster spots. Always willing to help those who struggle with math, 494 of his NHL players are under contract for next season, according to data provided by the good folks at CapFriendly, which puts 242 of spots will be filled in the market.
Therefore, more than twice as many players will lose additional escrow to create greater opportunities for players on the market. Dollar and mean, it’s not equivalent.
Once the escrow debt is repaid next season, the limit is expected to increase to approximately $88 million in 2024-25 and approximately $92 million in 2025-26. There’s no reason the league couldn’t agree to level this increase from next season without a return.
But like the old tale of frogs and scorpions, that’s the nature of the NHL.
Sure, the stakes vary greatly. However, K’Andre Miller was 33rd on Thursday and the garden in his 8th. Then I saw his Steve Vickers about to leave. All it took for Nick Beverly was Jude Druin to jump into the puck and send it to JP Paris at 0:11 in Game 3.
April 11, 1975, nearly 48 years ago, still seems like yesterday.
And a boxed set of deals with the North Stars, where the Islanders acquired Paris for Ernie Hicke and Doug Rombeau, 48 hours before they scored Druin for Craig Cameron in early January 1975. It remains towards the top of Bill Torrey’s list of deals as GM.
Wilde, who is 11-0-3 in his last 14 games, is doing this under a substantial $69.8M cap to move within a point of the division’s top star at Central going into Saturday’s game. be careful.
GM Billy Guerin’s team started the season with about $12.7 million, including acquisition costs attached to Zach Paris and Ryan Suter. Minnesota will also bear that burden for him for five seasons.
Despite that disadvantage, Wild still has enough space to act as a deadline broker to take on third-party cap hits in exchange for draft picks while the team is in contention. there was. A lower body injury should keep the winger out for a few more weeks.
Guerin deserves some serious consideration for the GM of the Year award.
What if the person hired to run the Flyers’ hockey division doesn’t think John Tortorella behind the bench is the right person to oversee the long-term overhaul needed? ?
After this dysfunctional season in Calgary, who will go first after the Flames may still miss the playoffs? GM Brad Treliving and head coach Darryl Sutter?
If Reggie Leach was elected to the Hockey Hall of Fame, would it really bother anyone?
fill in the blanks.
The Mets’ loss to Edwin Diaz in the 2023 WBC is comparable to Ottawa’s loss of __________ in the 2006 Olympics.
The answer is Dominik Hasek, who suffered a season-ending injury to his adductor muscle while representing his native Czech Republic, then known as the Czech Republic.
Okay, multiple choice.
Here are the most unexpected players to score at least 50 goals in a season. B) Ray Shepherd, who scored his 52 for Detroit in 1993-94. Or C) Wayne Beibich, who scored his 54th in St. Louis in 1983-84?
The answer is D) Guy Chouinard, who hit Nose 50 for the Atlanta Flames in 1978-79.
For comparison, Nils Lundqvist has scratched in his last five games with Dallas, and Vitali Kravtsov has one assist in eight games with the Canucks. Rangers (11:25).
Finally, I think it’s been long overdue for the NHL to sentence Jordan Binnington for the Sean Avery course of anger management, but is it only for those who make crude remarks in front of the cameras?