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Up-to-the minute updates and insights from the Red Wings locker room at home and on the road. By Chuck Pleiness of The Macomb Daily.

Wednesday, July 2, 2008

Cap updated

UPDATED with what I think are more accurate salary numbers. I've included Darren Helm as one of 13 forwards, but sub in someone else and the figure won't change much.


Here's my new best estimate after the Hossa signing ... the Red Wings' cap number for next season is a little more than $53.2 million. The league salary cap is $56.7 million.

That leaves about $3.5 million this season to sign Valtteri Filppula and Chris Chelios, assuming Jimmy Howard will be in Grand Rapids and his salary won't count against the cap. So that's more than enough room to sign both Fil and Cheli.

Next season becomes the issue when Henrik Zetterberg gets a more than $5 million raise and Johan Franzen has to be signed as well.

Of course if the cap goes up more next season, perhaps Hossa could be signed if ... ah, forget the numbers and let's just fantasize about the upcoming season for a bit.


Anonymous Blake said...

Odds of us signing any physical presence up front?

For as many skilled players we have. I think they will get bullied around so bad.. We'll end up being 3/4/5 in the west ;|

July 2, 2008 at 2:52 PM 
Blogger Nathan said...

Thanks for the quick work Bruce. This is why you are the best Wings writer.

July 2, 2008 at 3:14 PM 
Blogger Nathan said...

Blake have you learned nothing? This team only added a player of immense skill, they didn't lose the physical, gritty players they have in Homer, Cleary, Franzen, and possibly McCarty. Not to mention Stuart, Kronwall, and yes, Lilja on the back end.

I wouldn't worry about it. The Wings had more than enough tenacity, toughness, and grit to win the Cup last year, the only difference is that they've added a third all-world offensive talent. How can you perceive that as a bad thing?

Certainly, that's not a guarantee they win it again, but this move only helps them, it does not hurt them (yes, even if it results in Filppula leaving, because they will get at least a 1st and 3rd round pick in that case). And they are just as tough as they were last season, which proved to be more than enough.

July 2, 2008 at 4:14 PM 
Anonymous nick said...

you write:

"Next season becomes the issue when Henrik Zetterberg gets a more than $5 million raise and Johan Franzen has to be signed as well."

zetterberg will make $2.9mil this coming season. you are saying he will be over $8mil after that? i doubt it as that would put him past lidstrom. look for zetterberg to get $7.45mil. sound familiar? :-) then we will have enough to sign franzen and hossa will walk *unless* the cap goes up a lot and/or holland can restructure some deals.

July 4, 2008 at 11:35 PM 
Blogger Bruce MacLeod said...

Hey Nick,
I think Zetterberg's cap hit is $2.65 million this season and that's the number I was referencing. You're right, it's tough to think that anyone will make more than Lidstrom, but at the same time, I'm not sure how long Holland will be able to keep the salary structure artificially low because Lidstrom's not making the $10 million that he could on the open market.
It's a $4.8 million raise (cap hit waise) for Z to make Lidstrom's salary. I was rounding up to $5 and anticipating a possible raise, thus more than $5 million.
You're right, Z could keep in line with Lidstrom's salary, but if anyone goes over, it might be Z ... not because he lacks respect, but because he's owed more.

July 6, 2008 at 2:31 PM 
Anonymous nick said...

i hear what you are saying, bruce. i do wonder what hossa would think if, just 12 months after he is told that nobody will make more than lidstrom on this team, we sign zetterberg for more than what lidstrom makes.

i think that holland knows that after this year, he will only be able to keep either z and franzen or hossa and franzen. this is UNLESS the cap goes up a lot or there are other unforeseen changes (e.g. lidstrom retires after this season).

one other thing, can you add a bit to the pare post to explain the rules around which NHL team can sign him. can anyone? the article seems to beg the question.

great work, bruce. love reading your stuff. all the best!


July 6, 2008 at 5:56 PM 

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