With flat cap for few more years thanks to Ballys

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Created by: NHLfan10506

Team: 2024-25 New Jersey Devils

Initial Creation Date: Feb. 18, 2023

Published: Feb. 18, 2023

Salary Cap Mode: Basic

Description

Right now, the league’s estimates for cap are the following.

2022-23: $82.5m
2023-24: $83.5m
2024-25: $87.5m
2025-26: $92.0m

With Bally’s defaulting on their latest debt payment and heading for bankruptcy, there will likely be a drop in hockey related revenues, which certainly put these cap projections in jeopardy. Compliance buy-outs are an option, but only if the upper limit declines (ie, we go from 82.5 this year to 81.0 next year).

New cap guidance could look like this:

2022-23: $82.5m
2023-24: $83.0m
2024-25: $83.5m
2025-26: $84.0m

Which means CBOs may not be available. This will likely ding the growth in players’ AAV figures for at least the next year.

---------

With a tighter cap than expected, NJD could still add a $7m winger and probably avoid any trouble. But it may make adding a $9m winger more of a risk.

Free Agent Signings

RESERVE LIST	YEARS	CAP HIT
Hughes, Luke	2	$950,000
Gritsyuk, Arseni	1	$950,000
Filmon, Josh	3	$950,000
McCarthy, Case	1	$950,000

RFA	YEARS	CAP HIT
Bratt, Jesper	7	$7,875,000
Sharangovich, Yegor	4	$4,250,000
McLeod, Michael	2	$1,500,000
Bastian, Nathan	2	$1,300,000
Zetterlund, Fabian	1	$1,200,000
Bahl, Kevin	1	$1,050,000
Boqvist, Jesper	1	$850,000
Walsh, Reilly	1	$800,000
Mercer, Dawson	6	$5,000,000
Schmid, Akira	3	$2,800,000
Daws, Nico	1	$1,000,000
Okhotiuk, Nikita	1	$800,000
Foote, Nolan	1	$800,000
Thompson, Tyce	1	$800,000
Clarke, Graeme	1	$800,000

UFA		YEARS	CAP HIT
Graves, Ryan		3	$4,400,000

CREATED		YEARS	CAP HIT
Top Six, Winger		1	$7,000,000

Recapture Fees

Ilya Kovalchuk: $250,000

Draft	Round 1	Round 2	Round 3	Round 4	Round 5	Round 6	Round 7
2023
2024
2025

ROSTER

LONG-TERM OUTLOOK

EMBED

TEXT-EMBED

ROSTER SIZE	SALARY CAP	CAP HIT	OVERAGES	BONUSES	CAP SPACE
23	$83,500,000	$84,976,397	$1,538,897	$4,100,000	-$1,476,397

Left Wing	Centre	Right Wing
Palat, Ondrej $6,000,000$6,000,000 LW, RW NMC UFA - 3	Hischier, Nico $7,250,000$7,250,000 C M-NTC UFA - 3	Bratt, Jesper $7,875,000$7,875,000 RW, LW UFA - 7
Holtz, Alexander $894,167$894,167 ($850,000$850K) RW, LW RFA - 1	Hughes, Jack $8,000,000$8,000,000 C UFA - 6	Top Six, Winger $7,000,000$7,000,000
Gritsyuk, Arseni $950,000$950,000 LW RFA	Mercer, Dawson $5,000,000$5,000,000 RW, C RFA	Zetterlund, Fabian $1,200,000$1,200,000 RW RFA - 1
Sharangovich, Yegor $4,250,000$4,250,000 C, LW, RW UFA - 1	McLeod, Michael $1,500,000$1,500,000 C RFA	Bastian, Nathan $1,300,000$1,300,000 RW UFA - 1

Left Defense	Right Defense	Goaltender
Siegenthaler, Jonas $3,400,000$3,400,000 LD M-NTC UFA - 4	Hamilton, Dougie $9,000,000$9,000,000 RD NMC UFA - 4	Vanecek, Vitek $3,400,000$3,400,000 G UFA - 1
Hughes, Luke $950,000$950,000 LD/RD RFA - 1	Marino, John $4,400,000$4,400,000 RD M-NTC UFA - 3	Schmid, Akira $2,800,000$2,800,000 G RFA
Graves, Ryan $4,400,000$4,400,000 LD UFA - 5	Nemec, Simon $918,333$918,333 ($3,250,000$3M) RD RFA - 2

Scratches	Injured Reserve (IR)	Long Term IR (LTIR)
Boqvist, Jesper $850,000$850,000 C, LW RFA
Bahl, Kevin $1,050,000$1,050,000 LD RFA - 1
Foote, Nolan $800,000$800,000 LW RFA

Taxi Squad
Mukhamadullin, Shakir $894,167$894,167 ($0$0$0$0) ($400,000$400K) LD RFA - 1
Clarke, Graeme $800,000$800,000 ($0$0$0$0) RW, C RFA
Daws, Nico $1,000,000$1,000,000 ($0$0$0$0) G RFA
Filmon, Josh $950,000$950,000 ($0$0$0$0) LW RFA - 2
McCarthy, Case $950,000$950,000 ($0$0$0$0) RD RFA
Walsh, Reilly $800,000$800,000 ($0$0$0$0) RD UFA
Okhotiuk, Nikita $800,000$800,000 ($0$0$0$0) LD RFA
Thompson, Tyce $800,000$800,000 ($0$0$0$0) RW RFA

Feb. 18, 2023 at 3:25 p.m.

GMBL

Joined: May 2022

Posts: 8,876

Likes: 3,442

Half a million rise from year to year would be very sad.

TheFastAndTheFleuryous liked this.

Feb. 18, 2023 at 3:34 p.m.

Tobbe_Vth

Joined: Mar. 2021

Posts: 25

Likes: 8

If there is a flat cap I think they will be fine. They have lots of flexibility for this offseason and hopefully we will have clearer answers by then. Plus most of the contracts you signed here are probably above what they are going to get. A flat cap would probably only benefit them because the other contending teams will feel it much more.

Feb. 18, 2023 at 3:34 p.m.

NHLfan10506

Thread Starter

Joined: May 2019

Posts: 41,140

Likes: 18,717

Quoting: GMBL

Half a million rise from year to year would be very sad.

Would be worst case scenario. League would probably be better off with lower cap next year, along with compliance buy-outs, than with minimal increases.

Either way, doesn’t look like we will get big increases in next couple of years.

Shaners79 liked this.

Feb. 18, 2023 at 3:35 p.m.

MisstheWhalers

Joined: Jan. 2019

Posts: 23,785

Likes: 12,444

I hope the cap doesn't grow much, these GMs should have to live with the messes they create for themselves.

Feb. 18, 2023 at 3:36 p.m.

NHLfan10506

Thread Starter

Joined: May 2019

Posts: 41,140

Likes: 18,717

Quoting: Tobbe_Vth

Totally. And since most of these deals will be done after cap is decided, they may not be as high.

Feb. 18, 2023 at 3:40 p.m.

GMBL

Joined: May 2022

Posts: 8,876

Likes: 3,442

Quoting: NHLfan10506

I wouldn't mind 1m rises.

MisstheWhalers liked this.

Feb. 18, 2023 at 3:43 p.m.

NHLfan10506

Thread Starter

Joined: May 2019

Posts: 41,140

Likes: 18,717

Quoting: MisstheWhalers

I hope the cap doesn't grow much, these GMs should have to live with the messes they create for themselves.

Hard to put this one on GMs though. Especially ones in areas with healthy regional sports networks.

Could stink to be a team in one of these 12 markets though. The financial hit will be shared by the league. But imagine having to watch all 82 games on ESPN+.

Feb. 18, 2023 at 3:47 p.m.

NHLfan10506

Thread Starter

Joined: May 2019

Posts: 41,140

Likes: 18,717

Quoting: GMBL

I wouldn't mind 1m rises.

I predict more of big market vs small market battle coming, then a reopening of CBA…with eventually some iteration of a soft cap (or loosening of cap for unforeseen events).

To force that, big market owners could push for a lower cap in 2023-24.

It’s all very interesting.

GMBL liked this.

Feb. 18, 2023 at 3:56 p.m.

Shaners79

Joined: May 2016

Posts: 641

Likes: 187

Quoting: NHLfan10506

I was watching the Let's go Devils podcast and they were talking about the subject. Very informative. We have to remember that the Devils and every other team is this league together and if 1 team is affected its only a matter of time before others will be.

NHLfan10506 liked this.

Feb. 18, 2023 at 3:56 p.m.

#10

MisstheWhalers

Joined: Jan. 2019

Posts: 23,785

Likes: 12,444

Quoting: NHLfan10506

I'm not putting this on the GMs, my point is a constant rise in the cap lets them off the hook too often.

Also who's paying for a rise in the cap, fans are feeling the pinch and many are tapped out already.

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