DaGreatGazoo Posted March 6, 2014 Share Posted March 6, 2014 (edited) Granted this is only one mention/thread but imagine the implications if the cap goes down. @capgeek: Among items that may have been missed yesterday, @helenenothelen reported 2014-15 cap could be as low as $68M due to decline in CDN dollar. Edited March 6, 2014 by DaGreatGazoo Quote Link to comment Share on other sites More sharing options...
yave1964 Posted March 6, 2014 Share Posted March 6, 2014 Lovely. Dang Canadian people and their fake dollars screwing things up for the rest of us. 1 Quote Link to comment Share on other sites More sharing options...
Irishjim Posted March 6, 2014 Share Posted March 6, 2014 i'm guessing there not taking in account the gazzillion dollars from the 46 outdoor classics this year. but bettman will fix that and expand the league by 12 more teams Quote Link to comment Share on other sites More sharing options...
DaGreatGazoo Posted March 7, 2014 Author Share Posted March 7, 2014 I'm more concerned about the issue being CDN/US dollar related. As you pointed out, Jim, the NHL doesn't have a revenue problem. Quote Link to comment Share on other sites More sharing options...
Polaris922 Posted March 7, 2014 Share Posted March 7, 2014 Wait... Canada has its own dollar? Quote Link to comment Share on other sites More sharing options...
jammer2 Posted March 8, 2014 Share Posted March 8, 2014 I don't buy how the Canadian dollar devaluing can overshadow the gazillion outdoor games and increased revenue league wide. The cap goes up, and by quite a bit I believe. Quote Link to comment Share on other sites More sharing options...
Jmdodgesrt4 Posted March 8, 2014 Share Posted March 8, 2014 It's going to be around 70 million. Who gives a "@&$ what the Canadian dollar is worth. Quote Link to comment Share on other sites More sharing options...
jammer2 Posted March 8, 2014 Share Posted March 8, 2014 So, if the Canadian dollar plummets to 80 cents, the cap goes down to 50 mill.....LOL, how does that work?? You'd have teams needing to slash all kinds of salary and not having the means to do so. This year we had the compliance buy outs to help...but say the dollar goes to even 75 cents, which has happened, how do they factor in that and still have the teams compliant? I would guess they would have to open up the CBA, give a few perks to the NHLPA for doing so, and create another buy out situation...thats all I can think of. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.