Network News

X My Profile
View More Activity
On Twitter: kcarrera and PostSports  |  Facebook  |  E-mail alerts: Sports and Redskins  |  RSS

Cap? What Cap?

According to Eric Duhatschek of the Toronto Globe and Mail, some teams such as the Flyers have figured out a way to "circumvent" the NHL's salary cap in an effort to fast track their turnaround.

The Flyers structured the Timonen deal that way, partly as a means of circumventing the NHL salary cap. In terms of dollars paid out to players (as opposed to their salary-cap "value"), the Flyers' payroll could be well above the expected 2007-08 salary cap of $48-million to $50-million, depending upon how they structure their contracts between now and September.
No, this is not illegal and yes, there is a price to be paid for the strategy in the future.
However, if the intent is to load up the lineup this year, after a dismal season in 2006-07, then paying bigger dollars up front is one way of fast-tracking their turnaround - and never mind the consequences next decade.

Very interesting read.

By Tarik El-Bashir  |  June 27, 2007; 8:31 AM ET
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Qualifying Offers Have Been Made
Next: 2007-08 Payroll Range Announced

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company