Most of NHL GMs are losing their minds. We're in a cap flat situation and they're spending money like there's no cap at all in the league. I'd like to be a GM in NHL, nowadays. I'm sure that I would be considered a very reasonable one compared to most of those lunatics guys.
They know there is money. There won't be a flat cap next year and they just added a team and tv contracts.
There is also starting to be a serious divide between the top and bottom players in the league.
You can see it on teams where 1/2 the cap is going to like 4 or 5 players. While they try to get everyone else for league minimum.
The middle is slowly getting squeezed out in the NHL, as it starts to turn into the NBA salary structure.