I know you’re looking at the headline and checking your calendar to see if it’s April 1st. You’ll have to take our word for it that it’s not but yes, it’s true that there’s talk of the NHL’s salary cap going up once again. With so many teams having to do their best to duck and dodge the cap this year, this could be welcome news to them. For those sticking to budgets, this could be some really bad news. TSN has the chatter going on ahead of the Board of Governors meetings set to begin on Monday in Palm Beach, Florida.
One of the most important topics on the agenda will be next season’s salary cap number which is expected to rise.
Preliminary projections assume the Salary Cap will go up at least another $2 million in the 2011-12 season from the current level of $59.4 million. This of course is under the assumption that the NHL Players’ Association requests a five per cent inflator as is their right.
If you’re not familiar with how the cap works, the NHLs salary cap is tied to league revenue. With revenue continuing to increase, so does the cap since teams ideally have more money to spend and reinvest in their teams. Of course, there are a few teams that for one reason or another keep their spending as close to the salary floor as they can. The twist on the possibility of the cap going up again is that it’s in the hands of the NHL players as to whether or not they’ll accept the inflator. We can’t help but wonder what Dan Ellis’ thoughts on this matter could be.
Considering the salary cap maneuvering we’ve seen out of the New Jersey Devils, Philadelphia Flyers, Boston Bruins, and Vancouver Canucks this off-season and throughout the start of the year, you have to figure these teams are in favor of seeing things change for the better to help themselves out. The dividing line between the league’s haves and have-nots might grow a little bigger if this adjustment is made for next season. Think that’ll be a point of contention at the Collective Bargaining Agreement discussion table after next season? You better believe it.
If the Buffalo Sabres can sign Jimmy Vesey, they may be more willing to trade winger Evander Kane.
That’s what TSN 1040 (Vancouver) radio host Matt Sekeres has been hearing, and what he’s hearing does make a lot of sense.
Kane, whose off-ice issues are once again making headlines, has two years left on his contract before he can become an unrestricted free agent. He plays the same position as Vesey, 23, who’s currently Buffalo property but can sign with any team he chooses on Aug. 15.
Even if the Sabres can’t convince Vesey to join them, Kane could still be traded. GM Tim Murray has already conceded that his patience is wearing thin with the 24-year-old that he acquired from Winnipeg not long ago. Alex Nylander, drafted eighth overall in June, plays the same position as Kane, and Murray has said it’s possible the teenager could make the jump to the NHL next season.
Buffalo, Boston and Toronto have generally been considered the favorites to land Vesey. Chicago and Pittsburgh have also been mentioned.
Related: Cue the Kane-to-Vancouver speculation
The Toronto Maple Leafs won’t require arbitration with forward Peter Holland. They’ve signed the 25-year-old to a one-year deal worth a reported $1.3 million.
Holland had a hearing scheduled for today. Last week, the Leafs sent a message by putting him on waivers, which he cleared.
Holland had nine goals and 18 assists in 65 games last season. With him signed, the Leafs have only defensemen Frank Corrado and Martin Marincin as restricted free agents. Corrado has an arbitration hearing scheduled for tomorrow; Marincin’s is next Tuesday.
Related: Corrado and Leafs aren’t that far apart
This is an important week in the Detroit Red Wings’ offseason, with Petr Mrazek‘s arbitration hearing scheduled for Wednesday and Danny DeKeyser‘s for Thursday.
GM Ken Holland would prefer to avoid the hearings, which can sometimes result in hurt feelings.
“I think a negotiated settlement is always better than having an arbitrated settlement,” Holland told MLive.com. “Obviously, both sides run (the risk) of somebody’s not going to be happy.”
That being said, in Mrazek’s case, the two sides still have a ways to go. Remember that the 24-year-old netminder was excellent for most of 2015-16, but in Holland’s words, “the wheels came off a little bit in the middle of February.”
Hence, the divide:
DeKeyser, meanwhile, is more of a proven NHL commodity. He’s had three full seasons in the league. In the 26-year-old defenseman, the Red Wings pretty much know what they’ve got.
“There’s way more comparables, I think, in Dan DeKeyser‘s case so it was easier to figure out what was the market place,” said Holland. “That’s certainly not the case of Petr Mrazek’s situation.”
Holland’s work will not be finished once Mrazek and DeKeyser are signed. He still wants to add another defenseman, and he’s got a surplus of forwards to work with.
Related: Holland makes argument to keep Jimmy Howard
The Flyers won’t require today’s scheduled arbitration hearing with Brayden Schenn. They’ve agreed to terms with the 24-year-old forward on a four-year contract with a reported cap hit of $5.125 million.
Schenn had a career-high 26 goals and 33 assists in 2015-16. His 59 points were the third most on the Flyers, behind only Claude Giroux‘s 67 and Wayne Simmonds‘ 60.
The Schenn signing leaves the Flyers with just over $1 million in cap space for 2016-17, but no major free agents remaining. RFA defenseman Brandon Manning still needs a contract, but that’s it, per General Fanager. Manning has an arbitration hearing scheduled for Aug. 2.
Related: Coyotes sign Luke Schenn