Jan 12, 2014, 1:44 PM EDT
The Florida Panthers are losing $20 million to $30 million annually and are asking for additional help from Broward county in an attempt to stop or slow the bleeding.
At the same time, owner Vinnie Viola wants to make it clear that he’s not abandoning his commitment to turning the Panthers into a competitive franchise. In fact, he gave GM Dale Tallon the green light this week to spend to the salary cap.
“They’ve given me an open [wallet]. I’m pumped up,” Tallon told the South Florida Sun-Sentinel. “We can do hockey deals now, what the best deal is as far as hockey is considered.”
That gives Tallon a tremendous amount of flexibility as the Panthers currently have the lowest cap hit in the NHL, according to Cap Geek.
They also have around $40.5 million in cap space committed to 12 players for the 2014-15 campaign, but with the ceiling projected to reach $71.1 million, they can afford to be very aggressive in the trade and free agent markets as they work to build around their young and still developing core.
Mar 9, 2014, 9:48 AM EDT
Buffalo hasn’t been so bad lately, despite what the team looks like on paper.
Mar 9, 2014, 9:00 AM EDT
They both desperately need every point they can get.
Mar 9, 2014, 1:09 AM EDT
A much-needed victory for Vancouver.
Mar 9, 2014, 12:14 AM EDT
Short ones on Saturday.
Mar 8, 2014, 11:32 PM EDT
Roberto Luongo: quiet, so far.
Mar 8, 2014, 11:27 PM EDT
Tyler Seguin is just on fire right now.
Mar 8, 2014, 11:09 PM EDT
Dallas scored once on the resulting five-minute major penalty.
Mar 8, 2014, 10:59 PM EDT
Seeding battles heat up.
Mar 8, 2014, 9:55 PM EDT
Jaroslav Halak wins in his Washington debut.
Mar 8, 2014, 9:40 PM EDT
He scored the game-winner for New Jersey against Carolina.
Mar 8, 2014, 8:53 PM EDT
A solid Saturday for the Sens.
Mar 8, 2014, 8:24 PM EDT
His No. 9 ascends to the rafters.
Mar 8, 2014, 8:11 PM EDT
His latest acquisitions Matt Moulson and Cody McCormick are set to debut Saturday.
Mar 8, 2014, 7:39 PM EDT
Sounds like he’ll take his talents to Europe instead.
Mar 8, 2014, 6:37 PM EDT
He was diagnosed with bacterial meningitis earlier this month.
Mar 8, 2014, 6:16 PM EDT
Craig Anderson made 46 saves on Saturday.
Mar 8, 2014, 5:45 PM EDT
Making a strong first impression in St. Louis.
Mar 8, 2014, 4:55 PM EDT
Petr Mrazek will backup Jimmy Howard.
Mar 8, 2014, 4:28 PM EDT
The Leafs have called up Frazer McLaren.
Mar 8, 2014, 3:49 PM EDT
She had a 0.96 GAA and .954 save percentage in the Olympics.
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