Monday, September 25, 2006

Devils In Big Time Cap Trouble

Bob Mckenzie Posted a fanastic Article on tsn today about the salary cap troubles facing the New Jeresy Devils (http://www.tsn.ca/tsn_talent/columnists/bob_mckenzie/)

On further inspection of what the devils are facing, it seems they are in dire cap problems. Lets take a look at the players New Jeresy has signed.

Forwards:
Patrik Elias - $6.0 million
Scott Gomez - $5 million
John Madden - $3.893 million
Jamie Langenbrunner - $2.8 million
Sergei Brylin - $1.52 million
Jason Wiemer - $950,000
Jay Pandolfo - $836,000
Grant Marshall - $760,000
Zach Parise - $703,000
Cam Janssen - $450,000
Michael Rupp - $450,000

11 Forwards: $23.2

Defencemen:
Brian Rafalski - $4.2 million
Colin White - $3 million
Dan McGillis - $2.2 million
Richard Matvichuk - $1.368 million
Brad Lukowich - $1 million

5 Defencemen: $11.8

Goalies:
Martin Brodeur - $5.2 million
Scott Clemmensen - $500, 000

2 Goalies: $5.7

Retired/Not Playing:
Vladimir Malakhov - $3.6 million
Alexander Mogilny - $3.5 million

2 Players: $7.1

TOTAL: 48.0

Unsigned:
Brian Gionta - $3 Million *
David Hale - $1 Million *
Paul Martin - $1.5 Million *

* = Expected Salary requests


The Devils therefore have 18 players signed at 48.0 million, a team needs 20 players atleast at any given time. Lets say they sign all 3 restricted free agents at the asking prices. That will be 21 players on roster equaling out to $53.5 million. That is 9.5 million dollars over the cap. Lets cut the Devils some slack and say they will get out of Mogilny's salary for this year. That will knock them down to $50.0 Also John Madden has an injured Hernia, he will most likely not be ready till at least a month or 2 into season. That will buy the Devil some temporary Relief. Lets put them down to $46.1. However they are 1 forward short, so they will need to call up a minor league player at a salary of atleast $500,000. So they go back up to $46. 6. They are still $2.6 million dollars over the cap. They will now most likely trade Scott Gomez, getting a prospect or picks in return. That will take them down to $41.6 million + a player called up to replace gomez so back up to $42.1. So it is possible for the Devils to get under the cap, however when madden is ready to return he will need to be traded or salary equal to him must be dealt. The Devils were one of the better run teams during the last CBA. That can however not be said for the current state of the franchise. They overpaid for players such as Dan Mcgillis, John Madden, Brian Rafalski, Alex Mogilny and Vlad Malakov and they are paying for it now.

3 comments:

Anonymous said...

FYI: You have Elias' salary listed at $7.5 million for this season. The actual cap hit for this season is the average figure over the term of the contract, at $6.0 million.

Derwood said...

Thanks fixed....wasent sure about that cap figure

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