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Parise hopes Devils keep “spending to the cap”

Jan 21, 2012, 8:51 PM EDT

Florida Panthers v New Jersey Devils Getty Images

The financial situation in New Jersey is getting a little murky. The truth is that Ray Chambers desperately wants to get rid of his stake in the team and the rest of the ownership group is trying to refinance about $80 million in debt. On top of all that, the team faces the unfortunate reality that one of the faces of their franchise, Zach Parise, is set to hit the open market on July 1.

Talk about horrible timing.

Today, Parise spoke a little bit about the team’s financial situation. For anyone looking forward to Parise hitting the open market, it’s interesting that these remarks were made by a player who is set to sign a huge contract in the near future.

“You hear about teams that, no matter what, they’re not going to spend to the cap,” Parise told the New York Post. “That’s just the way they are. It’s hard to be competitive if you’re not going to, if you can’t spend as much as these other teams. So if there’s a change, you hope that part won’t change, because we’ve always been a salary cap team.”

On top of the organization’s individual concerns, it’s important to remember that the financial landscape of the entire league will likely shift with the new collective bargaining agreement. Will the Devils be able to continue to shell out money for an increased payroll? Will there be a rollback in current salaries that give the team a little more breathing room? Will a lower salary cap force the team’s hand? Only time will tell if the Devils will continue to spend to the salary cap next season.

There are plenty of variables that will affect Parise’s future in New Jersey. But no matter what the salary cap is next season, Parise’s made it clear that he hopes the team spends to the limit. After all, they’ll probably need to if they want to lock him up to a long-term contract.

  1. foovana - Jan 21, 2012 at 10:05 PM

    My Mets just lost Reyes. I couldn’t handle losing Parise too!! Lets Go Devils!!

  2. rainyday56 - Jan 21, 2012 at 10:09 PM

    Good to know there’s a few kids out there like Zach that still think money grows on trees. Maybe he’d be better off signing with his home town in Minny. If history repeats, he’ll be back, traded to the Island, just like his dad, Jude Druin.

  3. spokedjackets - Jan 22, 2012 at 10:19 AM

    Let me translate Mr. Parise for you all, “SHOW ME THE MONEY!!!!!”

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