Falling Cap Solution

Saturday, March 21, 2009

...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.

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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.

Day 2: Writing a Novel—The Deep Blue Hold

Friday, November 18th, 2016 Note: Unedited writings from my notebook for this novel. Square bracket items represent added comments. ... There’s also poetic justice for this crew for what they did to the women they kept.... I t’s still Friday to me. [Writing early Saturday morning.] I wasn’t in bed until 6h and up at 14h. Then lots of errands. Lots of walking. Felt tired earlier—something different. I haven’t spent much time thinking about this story. I seemed to have put my mind into another lane. Not what I want. I was thinking too much about my future as a successful writer. Not simply being a writer, but a successful writer. One that makes a good living off or from it. That’s a better goal. So what to say about this story. No title. Oh. I did decide on something. She can’t die. Too much of a downer. That would seem to rule out a revenge aspect by the husband. Maybe she does it. These guys [the baddies] have to get it in the end. I was thinking about how she wants to sink the s…

James Piper, Author

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