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Hockey: News and Discussion Thread
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The sizzle in the Steak
You must believe in Tim Lie-Weekly and his parade route!
The Leafs are a dynasty that will win The Cup for a decade!!!
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iTrader: (6)
Wow, what got into Dom?
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97BlackAckCL (11-28-2013)
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It's not the Hockey Talk thread if there is not some form of snarking.
We are bitter people. Very bitter.
We are bitter people. Very bitter.
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So, what do you guys think of the concussion lawsuit launched against the League? Will it follow a similar payout like the NFL...?
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Mirtle: How the NHL’s salary cap will jump $10-million in two years
In NHL terms, $5.2-billion is a massive amount of money.
Especially when you consider the league has never made more than $3.3-billion in a season.
The new Canadian TV deal with Rogers will obviously have a considerable affect on viewers and league coffers, but what it will also do is change the NHL’s salary structure and the cap itself. This is very good news for cap-strapped teams that want to spend more than the current $64.3-million limit, which will quickly be blown away as the new TV money is worked into the equation.
Keep in mind, however, that the NHL doesn’t start collecting on that cash until next season, which means its impact on the salary cap will not be felt until the following year (2015-16).
Below in the chart are my projections (with input from several league and NHLPA sources) for where the league’s cap and floor are headed in the next two years. A few things to keep in mind about these numbers:
a) This season’s revenue will be affected by the boost from having six outdoor games, and the full impact of that is hard to quantify. I’ve accounted for an 8 per cent rise in revenue from 2011-12, the NHL’s last full season, and a cap in the $68-million range.
b) NHL revenues grew at a rate of an average of 7.1 per cent under the last CBA, so growth should be expected. After the first year, I’ve only used 5 per cent growth in my calculations, prior to factoring in the new TV deal.
c) This is all in U.S. dollars. As always, a sharp drop in the Canadian dollar could affect NHL revenues in a big way as the seven Canadian teams make up a disproportionate amount of hockey-related revenues (HRR).
Previous year
projected HRR*
Season
Floor
Cap
2014-15 (no impact from deal)
3564
50.0
67.7
2015-16 (w/o new TV deal)
3742
52.7
71.3
2015-16 (with TV deal boost)
3918
55.3
74.8
*- in millions (USD)
A brief explanation of how to arrive at these revenue figures. This season’s HRR total is exactly 8 per cent more than $3.3-billion, which is in-line with what people around the league are expecting.
Next season is a simple 5 per cent jump from that. And the “TV deal boost” I’ve included is the $375-million from the new Rogers deal the NHL gets next season (including the up front $150-million split over two years) minus $190-million (the old national TV contract) and converted to Canadian dollars.
That’s how the NHL will become a nearly $4-billion business and have a salary cap of almost $75-million in less than two years.
The crazy part is what happens if you project that continued 5 per cent growth into the future. With the new TV deal added in, the league could easily have an $80-million cap by 2016-17 and a $100-million cap by the time the CBA expires in 2022.
The floor projects to more than $75-million by that point.
The good news for the league is that these national revenue sources benefit all teams. But the higher cap is really the best for high spending franchises, including many of the Canadian ones, several of which would like to have higher payrolls than the league’s current $64.3-million limit.
"We aren't worried about the cap going too high," NHL deputy commissioner Bill Daly said on Wednesday. "The cap is a function of revenues."
If, as expected, the cap rises by more than $10-million here within about 18 months, there are going to be a lot of teams flush with cash, especially considering how many high profile players are locked up on long-term deals already.
The next two or three years, in particular, will be a great time to be a free agent. And the average NHL salary could easily top $3-million by 2018.
Get all the latest Globe and Mail hockey coverage on Twitter: @globehockey
In NHL terms, $5.2-billion is a massive amount of money.
Especially when you consider the league has never made more than $3.3-billion in a season.
The new Canadian TV deal with Rogers will obviously have a considerable affect on viewers and league coffers, but what it will also do is change the NHL’s salary structure and the cap itself. This is very good news for cap-strapped teams that want to spend more than the current $64.3-million limit, which will quickly be blown away as the new TV money is worked into the equation.
Keep in mind, however, that the NHL doesn’t start collecting on that cash until next season, which means its impact on the salary cap will not be felt until the following year (2015-16).
Below in the chart are my projections (with input from several league and NHLPA sources) for where the league’s cap and floor are headed in the next two years. A few things to keep in mind about these numbers:
a) This season’s revenue will be affected by the boost from having six outdoor games, and the full impact of that is hard to quantify. I’ve accounted for an 8 per cent rise in revenue from 2011-12, the NHL’s last full season, and a cap in the $68-million range.
b) NHL revenues grew at a rate of an average of 7.1 per cent under the last CBA, so growth should be expected. After the first year, I’ve only used 5 per cent growth in my calculations, prior to factoring in the new TV deal.
c) This is all in U.S. dollars. As always, a sharp drop in the Canadian dollar could affect NHL revenues in a big way as the seven Canadian teams make up a disproportionate amount of hockey-related revenues (HRR).
Previous year
projected HRR*
Season
Floor
Cap
2014-15 (no impact from deal)
3564
50.0
67.7
2015-16 (w/o new TV deal)
3742
52.7
71.3
2015-16 (with TV deal boost)
3918
55.3
74.8
*- in millions (USD)
A brief explanation of how to arrive at these revenue figures. This season’s HRR total is exactly 8 per cent more than $3.3-billion, which is in-line with what people around the league are expecting.
Next season is a simple 5 per cent jump from that. And the “TV deal boost” I’ve included is the $375-million from the new Rogers deal the NHL gets next season (including the up front $150-million split over two years) minus $190-million (the old national TV contract) and converted to Canadian dollars.
That’s how the NHL will become a nearly $4-billion business and have a salary cap of almost $75-million in less than two years.
The crazy part is what happens if you project that continued 5 per cent growth into the future. With the new TV deal added in, the league could easily have an $80-million cap by 2016-17 and a $100-million cap by the time the CBA expires in 2022.
The floor projects to more than $75-million by that point.
The good news for the league is that these national revenue sources benefit all teams. But the higher cap is really the best for high spending franchises, including many of the Canadian ones, several of which would like to have higher payrolls than the league’s current $64.3-million limit.
"We aren't worried about the cap going too high," NHL deputy commissioner Bill Daly said on Wednesday. "The cap is a function of revenues."
If, as expected, the cap rises by more than $10-million here within about 18 months, there are going to be a lot of teams flush with cash, especially considering how many high profile players are locked up on long-term deals already.
The next two or three years, in particular, will be a great time to be a free agent. And the average NHL salary could easily top $3-million by 2018.
Get all the latest Globe and Mail hockey coverage on Twitter: @globehockey
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Awesome. So time to overpay for players again...
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Leafs just can't figure out how to play defensive, shut down hockey. This game should have been over. Instead it's a race to see who can score 7.
Oh, and Fleury sucks.
Oh, and Fleury sucks.
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Ooo...ouch.
dom may not be have a TV left by end of evening. Malkin just shoved Bernier into the net and then potted the GTG...
dom may not be have a TV left by end of evening. Malkin just shoved Bernier into the net and then potted the GTG...
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Malkin should have been given 2 goals on that one. One for putting the puck in the net and the other for putting Bernier in the net.
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97BlackAckCL (11-28-2013)
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Horrid PK tonight from the Leaves too.
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Pens have a reason...but, what's the Leaves' excuse for this no-D strategy...? They are leaving Waldorf's beloved Berneeaye high and dry.
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No 4-1 leads are safe when it comes to the Leaves. I could use a new TV anyway.
Can't believe Carlyle, a defensive minded coach is allowing his team to be so ineffective on defence.
Can't believe Carlyle, a defensive minded coach is allowing his team to be so ineffective on defence.
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He'll if I know. They're completely useless in their own zone. Have been for some time now, so I guess it's personnel. Looks like men's league out there in their own zone. Having said that that 5th goal should not have been allowed. Blind ref.
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I think Pitt may hit 55 shots tonight. Merry Christmas Pittsburgh!!
Starting to feel like ecabrio, commenting on every play of the game.
Starting to feel like ecabrio, commenting on every play of the game.
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97BlackAckCL (11-28-2013)
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Just in case the Leaves are confused.
defence or defense (dɪˈfɛns)
— n
1. resistance against danger, attack, or harm; protection
2. a person or thing that provides such resistance
— n
1. resistance against danger, attack, or harm; protection
2. a person or thing that provides such resistance
Trolling Canuckistan
We've completed 60 minutes of hockey and the bruins have yet to make a play.
Senior Moderator
Fibbi's gonna have a field day on this one.
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Leaf shots on goal in the 3rd period and OT ------ 0
Not sure whether to laugh or cry.
Not sure whether to laugh or cry.
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And yummy says Pittsburgh doesn't play D.
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Of fawkin course.
God damn is Ray Ferraro ever annoying. Thank Christ TSN lost the rights.
God damn is Ray Ferraro ever annoying. Thank Christ TSN lost the rights.
I feel the need...
Happy to see the Wings (minus Datsyuk) find their "big boy" pants just in time to host the Big Bad B's.
Happy Thanksgiving my fellow Americans.
Yummy cakes and domcha, your new passports will be issued shortly...
http://www.foreignpolicy.com/article...america_merger
Don't worry, it will just make our combined National team THAT much stronger just in time for Sochi.
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RUN smiley still doesn't work.
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Always enjoyable stuff...Hitch tells Roy to "shut the f*** up"...
http://www.tsn.ca/nhl/story/?id=437723
http://www.tsn.ca/nhl/story/?id=437723
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BTW, dom...you mad about the Leaves giving away Steen for peanuts?
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Cuz, the guy is awesome defensively and now appears to be coming into his own offensively.
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Well ya but we gave him away about 4 season's ago. So its not as if he suddenly turned into Wayne Gretzky after leaving the Leafs. He;s done nada until this season. It took time for the trade to look terrible.
BTW - That was also a Cliff Fletcher trade when he was temporarily in charge before Burke arrived. Everything he touched turned to in that short time. That trade was Lee Stempniak for Steen and Coliacovo. Who or what is a Lee Stempniak? Exactly.
BTW - That was also a Cliff Fletcher trade when he was temporarily in charge before Burke arrived. Everything he touched turned to in that short time. That trade was Lee Stempniak for Steen and Coliacovo. Who or what is a Lee Stempniak? Exactly.
Senior Moderator
Well ya but we gave him away about 4 season's ago. So its not as if he suddenly turned into Wayne Gretzky after leaving the Leafs. He;s done nada until this season. It took time for the trade to look terrible.
BTW - That was also a Cliff Fletcher trade when he was temporarily in charge before Burke arrived. Everything he touched turned to in that short time. That trade was Lee Stempniak for Steen and Coliacovo. Who or what is a Lee Stempniak? Exactly.
BTW - That was also a Cliff Fletcher trade when he was temporarily in charge before Burke arrived. Everything he touched turned to in that short time. That trade was Lee Stempniak for Steen and Coliacovo. Who or what is a Lee Stempniak? Exactly.
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iTrader: (6)
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Definitely was an exciting game for the 300th consecutive sellout, Leaves gave up a 4-1 lead and 5-3 lead. Nice to see the gwens putting the puck in the net for a change
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And of course nice to put a whoopin on the future cup champs
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It's pretty difficult to have 0 shots on goal over 25 minutes. The Leafs should be commended for doing something no other team has done, probably ever!
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97BlackAckCL (11-28-2013)
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iTrader: (6)
Good point, they didnt' have a sog during the OT either
I feel the need...