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Next years cap, not as high as we thought?

CarltonTheBear

Administrator
Staff member
From Puck Daddy/Larry Brooks, there might not be an increase in the salary cap next season:

Given the fixation of escrow under which the players currently are having 14 percent of their pay withheld, it certainly is a realistic possibility the NHLPA will not exercise a 5-percent escalator for 2015-16. That might mean a stagnant cap in the $69 million range, which falls some $5 million to $6 million shy of previous optimistic projections.

That would mean that clubs facing a cap crunch now cannot responsibly count on relief for next season. That has put a hold on extension negotiations.

Link: http://sports.yahoo.com/blogs/nhl-puck-daddy/no-salary-cap-increase-for-nhl-next-season-154942492.html

Larry Brooks also says the falling Canadian dollar has a lot to do with it. That's pretty wild considering this summer a lot of people estimated the cap for next season could be at $76mil.
 
I don't know why anyone would be surprised at this.  The Bank of Canada and Harper both want a crappy Canadian dollar.  When you take 20% off the top of the revenue of your top earners that's going to hurt the league.
 
I really hope the owners can put their heads together and figure out a way to lock the players out in response to these trying circumstances.
 

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