Salary Cap Update
Peter Chiarelli did an interview today on WEEI's "Dale and Holley Show". They asked Chiarelli a question regarding the cap and rookie bonuses that I was very curious about myself. In sum, rookie bonuses count towards the cap number but the league is giving teams "bonus cushions" allowing teams to exceed the cap total by that amount. If the bonuses are reached by the player then they count against the cap for that year. If there is no cap room available it counts against the next year cap. Unlike this season where the entire cap number, including bonuses would count against the cap without bonus cushion clauses allowing them to excede the cap.
So for example, Blake Wheeler's cap hit is $2.825 million. Last season that would have counted all against the cap. This upcoming season, since his base salary is only $875,000, it gives the Bruins an additional $1.95 million to spend. If Wheeler does in fact reach those bonuses, then at the end of the season they affect the cap.
Additionally, the same rules apply to all other rookies who have rookie bonuses in their contracts. Therefore the Bruins will be given an additional $2.35 million from Tuuka Rask's contract and $.075 from Vladmir Sobotoka's contract, assuming both are on the team next season.
Here is a quick update looking at next season cap total:
Lucic (850K)-Savard ($5million)- Kessel (RFA)
Wheeler (875K) - Krejci (RFA) - Ryder ($4 million)
Sturm ($3.5million) - Bergeron ($4.75 million) - Kobasew ($2.2million)
Sobotka (625K)- Bitz (RFA) - Thornton (517K)
Forwards under contract - 9
Forwards needed to sign - 3 (Krejci, Kessel, Bitz all RFA)
Forward total cap number - $22.317 million
Chara ($7.5 million) - Ward ($2.5 million)
Ference ($1.4 million) - Wideman ($3.875 million)
Stuart ($1.5 million) - Hunwick (RFA)
Defensemen under contract - 5
Defensemen needed to sign - 1
Defensemen total cap number - $16.775 million
Tim Thomas ($5 million)
Tuuka Rask (850K)
Goaltenders under contract - 2
Goaltenders total cap number - $5.850 million
Total cap number - $44.942 milliom
Assuming the cap will be around $55 million, that leaves the Bruins with $10 million to spend on Krejci, Kessel, Hunwick, and Bitz. So this allows the Bruins to keep Rask to be Thomas' backup next season, without his entire cap hit affecting the cap. Assuming he is the backup and Thomas receives the bulk of the playing time, the bonuses in his contract would be virtually impossible to trigger.
Note: Glen Murray's buyout is still on the books for $1.383 million next season. Murray has gone through the first two steps of his appeal. Assuming the NHL rules in favor of Murray then his buyout cap number comes off the books. The expected decision is due in July.
So for example, Blake Wheeler's cap hit is $2.825 million. Last season that would have counted all against the cap. This upcoming season, since his base salary is only $875,000, it gives the Bruins an additional $1.95 million to spend. If Wheeler does in fact reach those bonuses, then at the end of the season they affect the cap.
Additionally, the same rules apply to all other rookies who have rookie bonuses in their contracts. Therefore the Bruins will be given an additional $2.35 million from Tuuka Rask's contract and $.075 from Vladmir Sobotoka's contract, assuming both are on the team next season.
Here is a quick update looking at next season cap total:
Lucic (850K)-Savard ($5million)- Kessel (RFA)
Wheeler (875K) - Krejci (RFA) - Ryder ($4 million)
Sturm ($3.5million) - Bergeron ($4.75 million) - Kobasew ($2.2million)
Sobotka (625K)- Bitz (RFA) - Thornton (517K)
Forwards under contract - 9
Forwards needed to sign - 3 (Krejci, Kessel, Bitz all RFA)
Forward total cap number - $22.317 million
Chara ($7.5 million) - Ward ($2.5 million)
Ference ($1.4 million) - Wideman ($3.875 million)
Stuart ($1.5 million) - Hunwick (RFA)
Defensemen under contract - 5
Defensemen needed to sign - 1
Defensemen total cap number - $16.775 million
Tim Thomas ($5 million)
Tuuka Rask (850K)
Goaltenders under contract - 2
Goaltenders total cap number - $5.850 million
Total cap number - $44.942 milliom
Assuming the cap will be around $55 million, that leaves the Bruins with $10 million to spend on Krejci, Kessel, Hunwick, and Bitz. So this allows the Bruins to keep Rask to be Thomas' backup next season, without his entire cap hit affecting the cap. Assuming he is the backup and Thomas receives the bulk of the playing time, the bonuses in his contract would be virtually impossible to trigger.
Note: Glen Murray's buyout is still on the books for $1.383 million next season. Murray has gone through the first two steps of his appeal. Assuming the NHL rules in favor of Murray then his buyout cap number comes off the books. The expected decision is due in July.