Yes folks, that time of the year is back again, the unrestricted free agents are looking for jobs, and their price could be high.Chris Drury, Daniel Briere, Scott Gomez, Ryan Smyth and Sheldon Souray will be the most sought after UFA's in this year's market frenzy. They are all Eastern conference players, I'm sure some Gm's will them to go west young men. Briere could be the only one staying in the East,either in Buffalo, Montreal or Philadelphia.
How much are they worth and long will their contracts be for ? I'm sure General managers know the exact amount limit they can spend in 2007-08, as the Board of Governors approved it last week, but has not been made public yet, but it could be between 48 and 50 million. They must be careful as I think the cap may stay at that amount next season, I doubt the league revenues will go over the 2.4 billion dollar range, which would bring the cap higher next season, a question of logic, the revenues have shot up quickly in the last two seasons, they might be due for a drop. Teams will not be able to bring up ticket prices anymore than they have, because fans won't be able to pay a higher price and they risk having empty seats.
Getting back to my question, how much are the top UFA's i mentionned above worth ? We may get answers to that question starting Sunday at noon eastern time. Stay tuned.
How much are they worth and long will their contracts be for ? I'm sure General managers know the exact amount limit they can spend in 2007-08, as the Board of Governors approved it last week, but has not been made public yet, but it could be between 48 and 50 million. They must be careful as I think the cap may stay at that amount next season, I doubt the league revenues will go over the 2.4 billion dollar range, which would bring the cap higher next season, a question of logic, the revenues have shot up quickly in the last two seasons, they might be due for a drop. Teams will not be able to bring up ticket prices anymore than they have, because fans won't be able to pay a higher price and they risk having empty seats.
Getting back to my question, how much are the top UFA's i mentionned above worth ? We may get answers to that question starting Sunday at noon eastern time. Stay tuned.
Cap Spending in 2006-07
Even though the cap has risen twice in the early life of this CBA, spending on average is not that high, even with some contracts taking up 7.8 million dollars in cap space, the average spending last season was, 41,741,000.00 for the league. Eastern conference teams spend 41,161,133.33 while Western conference teams spend 42,320,866.67 . In 2005-06, the average cap spending was about 36 million. These are not the league's official numbers, but I'm sure they are not too far from the true figures, these are cap numbers and not actual salary.
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