Tondar's Daily Rant

Prepare yourself for the writings of Tondar the Destroyer, Baron of Atlanta, Rightful Heir to the Throne of Spain, from whom all babies come. As his will be blogged, so let it be done.

Wednesday, July 30, 2008

CAP MATH

From Seth...

So this year, the NHL announced a salary cap of U.S. $56.7 million, or 343,687,050 Swedish kronor.

Obviously, the offseason signing of Marion Hossa for 44,855,100 kronor made things a lot more difficult.

But making things even tighter is the fact that several important restricted free agents had to be resigned this offseason. Now, they didn't have to be signed for top dollar, but Ken Holland likes to get his guys under contract now to avoid a big expense later (see pre-development signings of Zetterberg, Lidstrom, Kronwall). And that's exactly what he's done this year, signing Jonathan Ericsson for three years at an annual cap hit of 5.4 million kronor, and as of today, getting Valterri Filpulla signed for 5 years, €9.65 euro, about 18.2 million kronor a season!

Both were expected to sign for about 2/3 of what they did. We're still under the cap, but it means a few things:

1. Ericsson will have to stay in Grand Rapids another year. It's just too many Kronor to fit everyone under the cap.

2. Darren Helm is on the team unless McCarty re-signs.

3. Derek Meech is on the team unless he gets beat by Quincey

4. Hossa won't be back after this year, barring something crazy.

Here's the Wings' current cap situation, in Kronor

No.

Player Name

Position

2008-09

13

Datsyuk, Pavel

C

40,612,050 kr

51

Filppula, Valtteri

C

18,184,500 kr

33

Draper, Kris

C

9,597,373 kr

44

Helm, Darren

C

3,624,777 kr

28

Kopecky, Tomas

C

3,030,750 kr

11

Cleary, Dan

LW

16,972,200 kr

40

Zetterberg, Henrik

LW

16,062,975 kr

93

Franzen, Johan

LW

5,707,908 kr

18

Maltby, Kirk

LW

5,354,323 kr

81

Hossa, Marion

RW

44,855,100 kr

96

Holmstrom, Tomas

RW

13,638,375 kr

37

Samuelsson, Mikael

RW

7,273,800 kr

26

Hudler, Jiri

RW

6,152,423 kr

24

Chelios, Chris

D

UFA

5

Lidstrom, Nicklas

D

45,158,175 kr

28

Rafalski, Brian

D

36,369,000 kr

23

Stuart, Brad

D

22,730,625 kr

55

Kronwall, Niklas

D

18,184,500 kr

3

Lilja, Andreas

D

7,273,800 kr

22

Lebda, Brett

D

3,939,975 kr

14

Meech, Derek

D

2,929,723 kr

31

Osgood, Chris

G

8,587,127 kr

?

Conklin, Ty

G

4,546,125 kr

Cap Penalty

Total Salary

340,785,604 kr

Cap

343,687,050 kr

Room Under Cap

2,901,446 kr

The league minimum salary is 2,879,212 kr. Which means that we could conceivably re-sign Chelios for exactly one Krona below what's left on the cap.

gå Red Wings!

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