Skip to main content

Falling Cap Solution

...NHL GMs in a jam of falling cap...


he NHL works under a cap system--all teams are limited in the total amount they can pay their players. The cap number is based on league revenues which come from three sources: gate receipts, media rights and licensing. With the downturn in the economy, the revenues for the 2009-10 season will surely fall and with it the cap number. It may even fall in the year after that.

Current player contracts were signed with the notion of an ever increasing cap number. It would be possible therefore for a team to have a roster in place that is at or under the cap for this year, but be over next year.

Then there is the issue of signing free agents in the summer. Teams usually spend big dollars on free agents. Teams could be a position where they sign a player or two and are left with no cap room.

The solution? Sign the free agents to a contract where the player gets a percentage of the cap instead of a flat amount. If the cap goes down, the salary goes down and the team is protected. In fact, all player contracts would be a percentage of the cap.

Why is no one talking about this approach? It makes sense to me.

Posted 2009/03/21 at 08h05ET in Hockey.


Popular posts from this blog

Day 109: Writing a Novel—The Deep Blue Hold

Sunday, March 6, 2017 Note: Unedited writings from my notebook for this novel. Square bracket items represent added comments.
At 18:47 Office ... I barely remembered anything about this story... H as it really been three months? I guess it has. I put it out of my mind [so much so] that I barely remembered anything about this story. Not even the title. [Unreal!!!!!!] I had the general premise and an ending—enough I thought for a novel. What I lacked was a determination and desire to want to write it. Why bother… I wasn’t enjoying the process and I had no reason to believe the result wouldn’t be anything more than what’s gone before—nothing.
James Piper Kitchener, Ontario Post comments on facebook page. Follow me on twitter. Posted 2017/04/14 at 14h02ET in The Deep Blue Cage | Writing A Novel

Words: Fairy—Ferry

Thursday, September 6, 2012
A homonym.
FAIRY—A fairy tale. A fairy godmother. Fairy—not a long, long way to run.
FERRY—A boat or ship to transport drunken Swedes back home from Copenhagen. It’s the Danish beer.
Fairy Ferry Samantha the Swimming Fairy by Daisy Meadows Evening Ferry by Katherine Towler
Posted 2012/09/06 at 5h02ET in Words, Writing.

Bedtime Stories (2008)

Thursday, May 14, 2009 Bedtime Stories. Feature film. (2008, 99 mins) IMDB...a tame comedy that results in few laughs... There's the young Adam Sandler as a boy living with his sister in a small hotel in LA. His father owns and operates it. Sandler helps out. The dream of father and son is for the son to take over some day except there's a problem. The father isn't a very good manager and the place isn't making enough money. Enter the villain to buy it off him. The villain being a Mr. Hilton type who is able to turn lead into gold. Fast forward twenty years or so. The hotel is a large, thriving business, but for Sandler, instead of owning it or even managing it, he's the custodian who repairs broken dishwashers and replaces burnt-out light bulbs. The promise by the villain to put him in charge was either forgotten or ignored. Enter his estranged sister. She's a health freak with two young children. The father left a long time ago. Part of the humour…