Salary cap officially set at $64.3 million for 2011-12 season

For weeks we’ve known the salary cap was going to go up for the 2011-12 season—the only question was “how much?” Today the league answered the question by announcing the NHL cap will be raised to $64.3 million. Additionally, the cap floor was set at $48.3 million.

In the sixth season since the lockout, the salary cap has exploded from the original $39 million to today’s $64.3. To put the figure in proper perspective, the minimum each NHL team must spend is $9.3 million more than the original maximum for each team. After minimal increases over the last two seasons, the $4.9 increase is huge news for some of the richer teams around the league.

After the back-to-back blockbuster trades from Philadelphia this afternoon, it’s clear they can use every single salary cap dollar they can find. Vancouver will be happy to hear they have more wiggle room when trying to re-sign Kevin Bieksa and/or Christian Ehrhoff. Every team that has significant contracts on the books like the Calgary Flames can take the extra money and hopefully re-sign Alex Tanguay or Brendan Morrison.

The news is certainly welcomed by both players and general managers alike. While it’s obvious that players want to get as much of the pie as possible, general managers around the league will welcome the extra cap space provided to piece together their teams for next season. The owners—well, they might not be as happy.

On the flip side, there are teams that are much more concerned with the cap floor than the cap ceiling. For teams much more concerned with the bottom line than winning games, $48.3 million will be the number they keep their eye on. Without a big splash within free agency, teams like the New York Islanders and Phoenix Coyotes could have problems making it to the floor. Dale Tallon has a daunting task ahead of him as the Florida Panthers only have $18.3 million committed to 11 players next season. He’ll have about $30 million to spend—now he’ll just have to pick and choose who he wants (and who he can convince) for the rebuilding project in South Beach.

According to Capgeek.com, here are the Top 5 teams in terms of payroll today (these figures include the Jeff Carter and Mike Richards trades, as well as Ilya Bryzgalov’s new $51 million contract):

  • Calgary Flames: $57.3 million
  • Philadelphia Flyers: $56.7 million
  • Pittsburgh Penguins: $56.4 million
  • Chicago Blackhawks: $54.3 million
  • Los Angeles Kings: $53.6 million

Both the San Jose Sharks and Vancouver Canucks will also be forced to watch their spending habits as they both have holes to fill on their rosters and have significant contracts on the books.

Next, let’s take a look at the five teams that have the lowest payrolls:

  • Winnipeg: $35.9 million
  • Colorado Avalanche: $32.1 million
  • Phoenix Coyotes: $31.6 million
  • Carolina Hurricanes: $31.1 million
  • Florida Panthers: $18.3 million

Again, the cap figures can be a little misleading. Even though the Islanders aren’t in the bottom five in payroll, they already have 17 players under contract. When the dust settles and all of the rosters have been filled, the Islanders will be one of the lowest spending teams in the league (yet again). The Dallas Stars also have 17 players under contract and are in the bottom third in spending—if they don’t make a few big signings, they’ll be near the bottom in payroll as well. Considering the ownership situation, it’s doubtful they’ll be adding significant salary to the books anytime soon (unless the contract reads: Richards, Brad).

It’s always interesting to see how each team will spend their money in the offseason. Some teams like the Nashville Predators and Dallas Stars are operating with internal budgets, while other teams are willing to spend to the cap limit every season. With the announcement today, everyone knows exactly how much money they have to spend for the silly season.

Now we get to see what they’ll do with their money.

Report: Blue Jackets RFA Anderson in contact with Hockey Canada about 2018 Olympics

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The preseason is well underway and Josh Anderson is still without a contract.

Anderson, who scored 17 goals and 29 points last season for the Columbus Blue Jackets, is one of two remaining restricted free agents without a new deal. The other is Andreas Athanasiou of the Detroit Red Wings.

While there were reports this summer about Athanasiou potentially going to the KHL for this season, John Shannon of Sportsnet reported on Thursday that Anderson’s representatives have reached out to Hockey Canada’s staff about the 2018 Olympics. 

Anderson’s entry-level contract, with an AAV of just over $894,000, expired at the end of last season.

Meanwhile, here is the latest on this ongoing contract situation.

Making an impression: Sergachev has ‘NHL written all over him’

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Mikhail Sergachev has, over the summer, stated his belief he can play in the NHL this season.

He had a small taste of NHL action last season, appearing in four games for Montreal — the team that selected him ninth overall in 2016 — before getting sent back to junior and then being traded in June to Tampa Bay, as part of a blockbuster involving Jonathan Drouin to the Habs.

Well, Sergachev made a statement Wednesday in his preseason debut for the Lightning.

He scored once. He also played more than 22 minutes, which led all Lightning players on the night. That included time on the power play and penalty kill. If he was looking to make a favorable impression, to show that he belongs at the NHL level when the regular season begins, this seems to be another step in that direction.

“You watch this kid skate, shoot, stickhandle, he’s got NHL written all over him,” Tampa Bay’s associate coach Rick Bowness told the Tampa Bay Times. “Now we’ve got to give him experience. How much can he handle?”

There is competition on the blue line, with eight defensemen under contract in Tampa Bay for this season. That includes Sergachev, who is still only 19 years old. After getting sent back to junior last season, he recorded 43 points in 50 games with Windsor and then won the Memorial Cup that spring. That said, he’s made it a point of saying going back to junior “is not an option” for him.

Related:

Looking to make the leap: Mikhail Sergachev

Report: Lupul will have ‘independent medical exam’

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Joffrey Lupul issued a statement Wednesday, saying he wouldn’t seek a second medical opinion after the Maple Leafs announced he didn’t pass his training camp physical.

A day later, reports have surfaced that the 33-year-old forward will, in fact, undergo another, independent medical test.

That is according to James Mirtle of The Athletic:

Earlier this week, Lupul made accusations against the Maple Leafs on Instagram.

“I’m ready … just awaiting the call,” Lupul wrote in the comments section of the Instagram post, per a screen grab. “haha failed physical? They cheat. Everyone lets them.”

Lupul, who didn’t pass his physical for a second year in a row, issued an apology yesterday. But those comments — which have since been deleted — seem to have grabbed the attention of the league.

Darren Dreger of TSN added to that, saying it’s the NHL pursuing a second medical opinion on this matter.

“The National Hockey League has that right to pursue the second opinion. That’s exactly what they’re engaging in right now,” Dreger reported Thursday.

“The reasoning behind it is because of the comment that Lupul made on social media. I’ll go back a year ago. The league didn’t step in a year ago but Lupul stayed quiet at that point. So they want to make sure — ‘They’ being the National Hockey League — that the medical evaluation from the Toronto Maple Leafs is 100 per cent above the board.”

Team USA won’t include NHL draft-eligible prospects at 2018 Olympics

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BUFFALO, N.Y. (AP) General manager Jim Johannson has ruled out the possibility of the U.S. men’s hockey team having NHL draft-eligible prospects competing at the Winter Olympics in February.

Johannson tells The Associated Press he doesn’t view anyone from the 18-and-younger pool of prospects capable of cracking the projected lineup of non-NHL players, many of whom are opening this season playing in Europe.

USA Hockey’s assistant executive director says he’s also targeting a number of established college players, and would not rule out keeping a spot or two open for members of the U.S. team competing at the World Junior Championships this winter.

Johansson spoke in Buffalo, New York, on Thursday, where he is attending USA Hockey’s sixth annual All-American Prospects game. The game features the top 42 U.S.-born players eligible to be selected in the NHL draft in June.