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Thursday, June 23, 2005

nhl- Dealing with Cap Issues

form the CP via TSN, Don Waddell and John Ferguson have different challenges ahead of them when the NHL re-opens for business this summer.
Waddell, the Atlanta Thrashers GM, will have plenty of salary cap room but still faces two difficult signings in restricted free-agent stars Dany Heatley and Ilya Kovalchuk.
Ferguson, Waddell's counterpart with the Toronto Maple Leafs, will likely be looking to cut before he thinks of adding.
The Thrashers have 12 players under contract for next season at just $14.36 million US, taking into account the 24 per cent salary rollback that will be part of the new collective bargaining agreement.
The Leafs, in contrast, have eight players under contract at $27 million.
With the upper limit on a salary cap expected to be anywhere between $35 million to $40 million in the new deal, the Leafs don't have a whole lot of cash to fill out two thirds of their roster....more...