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 6: Writing a Novel—The Deep Blue Hold

Tuesday, November 22nd, 2016 Note: Unedited writings from my notebook for this novel. Square bracket items represent added comments.
At 20:44—Office ... Lost at sea, she's rescued by a ship and wished she had never set foot on it.... N othing new on this story. Nothing came to me while I was sleeping or when on my errands. I thought something would come about, but nope. So be it. I have two chapters written. Not sure if they are any good but they are there. And so Chp. 3 to write. And I don’t see the scene because I’m not sure what should happen. The question is what is the cliffhanger. Nope. 3 about her, not the ship and crew. And I’ve already written the last line of the chapter. She wakes up and feels immense pain. Not sure if I should mention blood in the water. This chapter or the following. So it’s early dawn or not quite sunrise. And she’s in the cockpit unconscious. But how do I write it from her POV if she’s out. Hmmm. I can do it but should I do it? And I don’t w…

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: BONE—GONE—LOAN—BOAN

Friday, March 31, 2017

You’d think BONE would rhyme with GONE but no. This is the English language after all. But BONE does rhyme with LOAN so we’ll spell it BOAN. It will take some time to update all the existing writings but it can be done. Meanwhile, if you smash up your car, the insurance company will allow you to get a LOANER and if you happen to meet the right person you may get a BOANER. boan Post comments on facebook page Posted 2017/03/31 at 17h28ET in Words.

James Piper, Author

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