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Report: 2011-12 salary cap will include $64M ceiling, $48M floor

Jun 20, 2011, 11:06 AM EDT

Calgary Flames v Philadelphia Flyers Getty Images

While it’s far from official – TSN reports these numbers based on what teams and agents are being told – today’s salary cap estimates are probably leaving richer teams sighing with relief while poorer clubs are reaching for the antacids. Those reports indicate that the 2011-12 salary cap ceiling will be $64 million while the cap floor will be $48 million.

The salary cap maximum was $59.6 million for the 2010-11 season, so this would mark a $4.6 million increase in cap space. To give you a little context regarding which teams will be delighted by the move, here are the five teams with the most salary already committed to next season (according to CapGeek.com).

Note: cap numbers have been rounded to two decimals.

1. Philadelphia: $58.97 million committed
2. Calgary: $56.39M
3. Pittsburgh: $56.39M
4. Chicago: $54.29M
5. San Jose: $52.34M

While the Flyers will experience a tight squeeze as they attempt to fit Ilya Bryzgalov under their salary cap and decide what do to with Ville Leino, every half million counts. Most of those other big spending teams will look to tweak more than restructure their teams, although that might not be the case with the expensive and inefficient Flames.

On the other end of the spectrum, here are the five teams who need to spend the most money to hit the $48 million cap floor (also according to CapGeek.com).

1. Florida: $18.29 million committed
2. Carolina: $31.08M
3. Phoenix: $31.57M
4. Colorado: $32.15M
5. Winnipeg: $35.94M

As you can see, general managers from around the NHL might want to keep Panthers GM Dale Tallon on their speed dial if they’re looking to dump salary this summer. If TSN’s numbers are correct, Florida will need to add almost $30 million in salary to meet those minimum requirements. They have just 11 roster spots covered, with expensive but talented goalie Tomas Vokoun likely walking out the door.

We’ll pass along official updates whenever they come along, but don’t feel ashamed if you start imagining all the moves your favorite team(s) can make. That’s one of the few saving graces of a long, hockey-free summer.

  1. andyinsdca - Jun 20, 2011 at 11:09 AM

    What are the Detroit Red Wings at? What I can find on a quick google search is very stale.

    • James O'Brien - Jun 20, 2011 at 12:35 PM

      With Lidstrom’s $6.2 million hit, they are at about $48.09 million (or almost $16 million in cap space). That’s a dangerous amount of money for a franchise as smart as the Red Wings.

  2. dreadpiratesteve - Jun 20, 2011 at 1:20 PM

    Go to capgeek.com if you want to see year by year contractual breakdowns for each team.

  3. hanktheking - Jun 20, 2011 at 2:34 PM

    That is a very dangerous amount for the wings; can anyone say Jaromir Jagr?

    James, if you have the chance could you post what the NYR are at? Do they still have Brad Richards type room?

  4. islandersfan - Jun 20, 2011 at 6:13 PM

    Why do I always think this cap is rising too fast? You just know this si going to come back and bite us in the next round of CBA talks

    • cshearing - Jun 21, 2011 at 12:45 PM

      The cap is a percentage of league revenues; it really cannot rise too fast. Some of the players’ money goes into an escrow fund to account for the possibility of league revenues going down. If the revenues are down, that money (or a certain percentage of it) is returned to the owners.

      As for the Wings comments, I expect them to go after Andre Markov as a Rafalski replacement.

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