Daly: Salary Cap Expected to Increase To $74M Next Year

The Toronto Maple Leafs have spent the past year and a half getting themselves into a comfortable salary cap situation, and from the looks of it, that may not have been the worst idea. NHL Deputy Commissioner Bill Daly spoke to the media today regarding the league’s player payment flexibility moving into next year, and it doesn’t seem like there’s going to be very much change. 

One would presume that the NHLPA will vote to trigger the cap escalator, which typically adds about 5%. Even in years of steady growth, the PA hs opened in, though they’ve become more hesitant in recent years. 

The consequence of the escalator is that it puts more of the players money in escrow during the season, and if league revenues fall short of expectation, that money could disappear.But with the bulk of the league already so close to the cap ceiling as it is, it’s likely that players will take the escrow risk before they take the “might have to accept league minimum to play on a playoff team” risk. 

A cap increase puts Toronto in prime position to lock up its restricted free agents and get a little aggressive come free agency. The team is projected to have $19 million in Cap Space heading into July 1st with Nazem Kadri and Morgan Rielly being the team’s only significant (restricted) free agents to re-sign. Add in what could potentially be another $10-11 million through LTIR relief (Robidas and Horton) and buyouts (Jared Cowen), and the Leafs have a real chance to be one of the league’s only big spenders next year, should they choose to do so.

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  • The Devil Monkey

    I would like to personally welcome Captain Steven Stamkos to the Toronto Maple Leafs, as well as Defenceman P.K. Subban and welcoming back Goalie James Reimer and Forward Phil Kessel. They should help the up and coming rookies this next season, Our 100th season and our Stanley Cup Win. Thank you.

    • magesticRAGE

      I could do without the Kessel drama thank you very much, but can’t argue about the others. You just forgot about the Tavares addition in the following season, the dynasty season!

  • The Devil Monkey

    Plus Lupul gave an interview not so long ago where he said his body couldn’t do what he wants it to do anymore and that his injuries are catching up to him. I took that as a clue he might be considering Robidas’ing himself. That could open up author 5+million in LTIR based cap space.

    • magesticRAGE

      That kinda sucks, for him I mean. That’s a hard pill to swallow at his age. I can see him being a part of management or broadcasting though, he wouldn’t stay unemployed.