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About This Page: This is a discussion on LA Kings Talk within the LetsGoKings.com forums, at Los Angeles Kings Hockey Fan Forum. Revenues for the league are up so the cap is going up.
$53-55MM vs. the $50MM it is today, per Bill Daly on NHL live.
- T
Umm... no. The cap is reflective of revenues. There's no question there'd be teams spending up north of $100MM without a cap this year.
"Bettman points out that in the pre-lockout season of 2003-04, the top payroll was in the $80-million range with other teams in the 70s and 60s. More importantly, he adds, it's the average payroll that really matters pertaining to dividing up the 55 per cent of the revenue pie to players.
"The average payroll with a $50.3-million cap is $42.3 million," said Bettman. "So that at the end of the year, on average, our teams will have spent $42.3 million - not $50 million."
Bettman continues by pointing back to the 2001-02 season, when the average team payroll was also $42.3 million.
"At the time our revenues were $1.875 billion," he said. "This year the average team payroll - with the $50.3-million cap - will be $42.3 million on revenues of about $2.4 billion. .
"People tend to confuse the cap with the average salary of years ago."
__________________ "As painful as it is to go through the valley, we will not look back. The days of making excuses are over. I hate losing but I understand that's what we have to do for two years. We were trying to cover gaps and mistakes with our checkbook, and those days are over." - Tim Leiweke
Pretty much seems like it. This is what I've learned from free agency in the cap era the last two years. It seems as if most players (not all players) want to.....
Pretty much seems like it. This is what I've learned from free agency in the cap era the last two years. It seems as if most players (not all players) want to.....
A. Win first
B. Make their wives happy
C. Make lots of money
So you're saying hockey players are just like everyone else?
No. The lockout tied the slary cap to a percentage of hockey-related revenues (was it 55%?). That means that the owners are guaranteed a certain level of profits, of course depending on what they decide to spend on overhead (travel and other goodies). Who cares if the total of all the salaries goes up, or that the cap increases, since that means that hockey-related revenues have grown in kind. The more the league makes, the more the players make, and so on. As long as it is a healthy business model, the league will survive, so the lockout ultimately preserved the financial stability of the league.
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No. The lockout tied the slary cap to a percentage of hockey-related revenues (was it 55%?). That means that the owners are guaranteed a certain level of profits, of course depending on what they decide to spend on overhead (travel and other goodies). Who cares if the total of all the salaries goes up, or that the cap increases, since that means that hockey-related revenues have grown in kind. The more the league makes, the more the players make, and so on. As long as it is a healthy business model, the league will survive, so the lockout ultimately preserved the financial stability of the league.
Exactly. I don't understand those that are saying the lockout was for nothing. The main thing to come out of the lockout was the link between revenues and salaries. Without the link, salaries would keep going up whether the money was there or not eventually bringing the league to it's knees. Now that they are tied together, there is a guarantee that the GM's won't overspend. This should be seen as a good thing since it means the league is doing well.
TonySCV
Salary cap is going up $3-5MM next season 
