NHL’s Money Madness

It’s day three of the UFA signing frenzy, and yes Gm’s are back to their old habits, $pend, $pend and $pend more. It’s true then,that you can’t teach an old dog new tricks.

Looking at teams cap payrolls, at cap Central on hockeybuzz.com, you will notice that already, 11 teams are over the 50m + line. Six of those teams are in the west, Anaheim, Calgary, Chicago, Dallas, Detroit and Edmonton. The culprits in the East are : Boston, New Jersey, Philadelphia, Tampa Bay and washington.

The Upper limit this season is 56.7 million, teams will be allowed to spend up to

$ 303, 209.00 daily.

To this date, with the numbers from 10 am ET, teams have spend on average

$ 46, 858, 035 in cap money, and average in cap space at around 9.8 million plus. In actual salaries, $ 46, 336, 327. The difference in the two, is that bonuses are counted in the cap hit and not in the salary. In the Eastern conference, teams have actual salaries averaging at $ 47,242,355 and cap payrolls at 47, 069, 023, with an average cap space of 9.5 million. In Western conference, the actual salary is averaging at $ 45, 430, 298, and the cap payrolls at around $ 46, 647, 047, with cap space at around $ 10 million.

I will try to come up with averages from the three previous seasons and see where we are going with this.