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Thursday, July 14, 2005

nhl- New League Coming

from the Toronto Globe and Mail, The danger is clear: If a team spends near the cap (and commits to a handful of pricey, long-term contracts for prominent players) and then finds that the cap is reduced by 25 per cent in Year 2 of the deal, what do they do then? They could find themselves trapped — dealing with a significantly lower cap, but stuck with contracts that may not be able to extricate themselves from.
It is a dilemma that general managers need to anticipate this year already, because if they tie themselves down to too many of the aforementioned types of contracts, there will be no easy escape the way there will be this year, when teams can buy out overpriced players' contracts, without it counting against their respective salary caps.
Accordingly, it is logical to expect both sides — agents and managers — to play it safe and sign short-term deals. That way, they can buy themselves time to see how the new system evolves....read more...