Cap Update: The Big Swede Signs
Sundin Inks One Year Deal: Cap hit $5.5M
With a $48M cap, the Leafs have approximately $6.5M to sign Colaiacovo, Harrison, Williams a back-up goalie and acquire any new bodies through UFA/RFA signings.
| Player | Pos | Status | 06-07 Cap Hit | 07-08 Cap Hit |
| Belfour | G | Year 2 of buy-out | $750K | $750K |
| Devereaux | F | Signed to 2009 | $450K | $650K |
| Antropov | F | Signed to 2009 | $1.125M | $2.05M |
| Kilger | F | Signed to 2009 | $900K | $900K |
| Newbury | F | Signed to 2009 | $450K | $450K |
| Ondrus | F | Signed to 2008 | $475K | $475K |
| Pohl | F | Signed to 2009 | $463K | $463K |
| Ponikarovsky | F | Signed to 2010 | $713K | $2.105M |
| Raycroft | G | Signed to 2009 | $2M | $2M |
| Stajan | F | Signed to 2008 | $875K | $875K |
| Steen | F | Signed to 2008 | $901K | $901K |
| Tucker | F | Signed to 2012 | $1.59M | $3M |
| Sundin | F | Club option | $6.33M | $5.5M |
| Wellwood | F | Signed to 2008 | $875K | $875K |
| Westrum | F | Signed to 2008 | $463K | $463K |
| Belak | D | Signed to 2008 | $670K | $670K |
| Gill | D | Signed to 2009 | $2.075M | $2.075M |
| Kaberle | D | Signed to 2011 | $4.25M | $4.25M |
| Kronwall | D | Signed to 2009 | $625K | $487.5K |
| Kubina | D | Signed to 2010 | $5M | $5M |
| McCabe | D | Signed to 2011 | $5.75M | $5.75M |
| White | D | Signed to 2010 | $453K | $850K |
| Wozniewski | D | Signed to 2008 | $463K | $463 |
| TOTAL | $41,002,500 |
| Player | Pos | Status | 06-07 Cap Hit | 07-08 Minimum Cap Hit* |
| Colaiacovo | D | RFA | $825K | $866K |
| Harrison | D | RFA | $450K | $495K |
| Kronwall | D | RFA | SIGNED | |
| Williams | F | RFA | $570K | $557K |
| TOTAL | $1,918,000 |
Salary cap is expected to rise to $47 to $48 million for 2007-08
* RFAs earning $600K or less, must be qualified with a 10% raise; RFAs earning earning $660,001 to $1M, must be qualified with a 5% raise - these are the required minimums only, players may, can and will likely sign for more (RFA Ponikarovsky's salary tripled; UFA Antropov's salary doubled).
From tsn.ca:
ReplyDeleteThe one-way deal pays him $475,000 next season and $500,000 in 2008-09.
Any idea how that number can jive with what you know about the CBA?
That means Kronwall's salary cap hit is $487,500 in each of the next 2 seasons. Also, $475K is the league minimum this season and I think that rised to $500K next year so essentially Kronwall is on a 2 year league minimum one-way deal.
ReplyDeleteThe only thing I can come up with is that Kronwall decided to sign for the league minimum in return for getting a one-way deal.
ReplyDeleteKronwall could have held out for a $656K qualifying offer, but looking at how JFJ qualified (or was it threatened to qualify?)Antropov with a two-way deal last year, he decided to give up $181K to take the guaranteed contract...it's nice to see JFJ use some leverage and it looks like a good deal for everybody.
The benefits of having lots of money to spend is that you can offer $500,000 one way contracts and not mind if he sits in the minors and makes it. Other teams cannot really afford to do that, or at least not to too many players.
ReplyDeleteBut I have to wonder that with all these defensemen signed if one of White or Colaiacovo could be moved for a young, talented forward.
Ian White I hope!
ReplyDeletehttp://www.tsn.ca/nhl/news_story/?ID=210584&hubname=
ReplyDeleteMats signed for $5.5M.
Not all of that money will be on the big club nor will it all count towards the cap.
ReplyDeleteFor example, at least $900K worth of defence will not be with the team (two of woz, kronwall, belak) and most likely Newbury, Ondrus, and Westrum won't make the team especially if Belak is kept as a utility player so that's another $900K-1.4M that will be in the minors.