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.

Predators’ Watson asking for $1.4 million in arbitration

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It could be a busy couple of days for the Nashville Predators with two arbitration hearings scheduled through Monday.

The first of those two was scheduled for Saturday with restricted free agent forward Viktor Arvidsson, while Austin Watson is scheduled to have his on Monday if no deal is struck before then. On Saturday Sportsnet’s Elliotte Friedman reported that Watson and the Predators have filed their numbers for that hearing with Watson looking to make $1.4 million, and the Predators countering with an offer of $700,000.

Watson made $575,000 this past season for the Predators when he scored five goals with 12 assists in 77 games while mostly playing in a bottom-six role.

The 25-year-old Watson was a first-round pick by the Predators in 2010 and has played his entire career to this point with the organization. In parts of three seasons with the big club he has scored just nine goals in 140 games.

He played what was perhaps his best hockey with the team during the 2016-17 playoffs when he scored four goals (nearly matching his career regular season high) and added five assists during the Predators’ run to the Stanley Cup Final. All four of those goals came in the Western Conference Finals against the Anaheim Ducks, including two in their series-clinching Game 6 win. He also recorded three assists in the Stanley Cup Final.

Given the relatively small gap here this seems like a classic “meet in the middle” situation when it comes to reaching a deal for this upcoming season.

Ducks prospect Jones seems ready to make the jump to the NHL

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The Anaheim Ducks had a chance to restock their prospect cupboard during the 2016 draft with a pair of first-round picks, selecting Max Jones with the No. 24 overall pick and Sam Steel with the No. 30 pick. Both prospects had strong seasons in 2016-17 with their junior teams — Steel recorded 131 points in 66 games with the Regina Pats of the Western Hockey League, while Jones was a point-per-game player for the OHL’s London Knights before getting his first taste of pro hockey with a nine-game look in the American Hockey League playoffs with the San Diego Gulls.

He now seems determined to make the Ducks’ roster this upcoming season.

Here is talking to Eric Stephens of the OC Register following the team’s prospect camp earlier this month.

“I don’t know if it’s about that,” Jones said at the Ducks’ prospect camp earlier this month. “I just think … I won a Memorial Cup. I think it’s time to move on and try to win a Stanley Cup. That’s kind of what my idea is.

“I want to step into the big leagues and I want to … for years and years I’ve been watching teams win that Stanley Cup and that’s all I want to do right now. Start playing and try to win a Stanley Cup.”

The problem Jones and the Ducks will face this season is that he is still not eligible to play in the American Hockey League during the regular season due to the CHL transfer agreement, which means the team has to decide whether or not to give him a look with the big club in Anaheim, or send him back to the Ontario Hockey League for a third consecutive season.

He also missed significant time this past season due to a broken arm and another suspension for crossing the line physically (this time it was 10 games for cross-checking), something he has struggled with during his junior hockey days.

Given his willingness to play the game with a physical edge and his size (6-3, 215 pounds) he certainly seems to fit the Ducks’ “heavy” style of play.

Still, the Ducks’ roster is already pretty deep and there aren’t many spots available, especially after the team just reached the Western Conference Finals this past season. For as big and talented as he is, he has still only played 112 games in the OHL over the past two seasons and hasn’t always dominated offensively. Some additional development time might not be the worst thing for him this season.

Penguins, Dumoulin seem pretty far apart with their arbitration numbers

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The Pittsburgh Penguins have two arbitration hearings scheduled with restricted free agents (Brian Dumoulin and Conor Sheary) over the next few weeks, and on Saturday we found out some of the numbers being thrown around for one of them.

Sportsnet’s Elliotte Friedman has the arbitration numbers for Dumoulin, with the defender asking for $4.35 million, while the team is offering $1.95 million.

Obviously, that is a pretty significant gap, and probably one of the larger ones you will see in these sorts of situations. But it is also important to keep in mind that at the end of the day this is still a negotiation and both sides know they’re probably not going to get what they are hoping for.

Dumoulin has to know he is not going to get $4.35 million, while the Penguins have to know they are probably going to have to pay more than $1.95 million to get him re-signed.

He is coming off of a contract that paid him $800,000 in each of the past two seasons.

The question is going to be how much each side has to give up.

What is going to work against Dumoulin is that he does not have the offensive numbers that are going to stand out and get him the sort of payday he asked for. His career high in points is 16 while he has scored just two goals in 163 regular season games during his career. He is a good defensive player and a solid top-four defenseman on a Stanley Cup winning team, but that lack of offensive production is going to hurt him in this sort of negotiation. Even if he were an unrestricted free agent on the open market he probably would not be able to get that sort of payday from a team. It seems impossible to think he would get that as an RFA in arbitration.

His arbitration hearing is scheduled for Monday, July 24.

Sheary is scheduled for his arbitration hearing on Aug. 4.

The Penguins are still $10.3 million under the salary cap (via CapFriendly). Dumoulin and Sheary figure to take up most of that, but they are also still in the market for a third-line center to replace Nick Bonino after he signed with the Nashville Predators in free agency.

Coyotes, Martinook avoid arbitration with two-year contract

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The Arizona Coyotes and restricted free agent forward Jordan Martinook were able to avoid their upcoming salary arbitration hearing by agreeing to terms on a two-year contract on Saturday.

Martinook’s new deal will pay him an average annual salary of $1.8 million per season according to Craig Morgan of 98.7 in Arizona and Sportsnet’s Elliotte Friedman.

“We are pleased to sign Jordan to a two-year contract,” general manager John Chayka said in a statement released by the team. “Jordan is a hard-working, versatile forward with good speed. He was an effective player for us last year and will play an important role for us this season.”
Martinook had an arbitration hearing scheduled for July 26 but this contract helps the two sides avoid that unpleasantness.

A second-round pick by the Coyotes in 2012, the 24-year-old forward has spent the past two full seasons playing for the Coyotes and is coming off of a 2016-17 season that saw him score a career-high 11 goals and 25 points. He mad $612,500 this past season, so the $1.8 million cap hit over the next two years represents a pretty significant raise for him. He bounced around the Coyotes’ lineup this past season, but he spent the majority of his time playing on a line alongside Tobias Rieder.