Salary Cap Report: Atlantic Division

As the hockey world takes its collective breath before the World Cup, training camps, and the regular season begins, most teams have checked off their boxes and marked their ledgers. There are some teams not finished, as trades or financial meandering will be necessary due to cap crunches. Others have plenty of room.

We’ll start with the Atlantic Division, which houses the team with the greatest amount of red ink in terms of cap space–the Detroit Red Wings. Some interesting notes:

• The Canadiens inherited the Weber contract from Nashville via the Subban trade.
• The Panthers highest cap hit, Keith Yandle, was signed in June after being acquired from the New York Rangers.
• The Red Wings will place the contracts of Johan Franzen and Joe Vitale on the LTIR while the Maple Leafs do the same with Nathan Horton’s.
• Steven Stamkos avoided a free agent bonanza when he re-upped with the Lightning prior to July 1.

The specifics are below:

• Boston Bruins
  Cap Space Remaining: $6,731,666
  Greatest Cap Hit: David Krejci: $7.25MM 
• Buffalo Sabres
  Cap Space Remaining: $8,150,476
  Greatest Cap Hit: Ryan O’Reilly: $7.5MM
• Detroit Red Wings
  Cap Space Remaining: -$4,238,712
  Greatest Cap Hit: Henrik Zetterberg: $6.083MM
• Florida Panthers
  Cap Space Remaining: $4,329,167
  Greatest Cap Hit: Keith Yandle: $6.35MM
• Montreal Canadiens
  Cap Space Remaining: $855,357
  Greatest Cap Hit: Shea Weber: $7.86MM
• Ottawa Senators
  Cap Space Remaining: $8,780,833
  Greatest Cap Hit: Bobby Ryan: $7.25MM
• Tampa Bay Lightning
  Cap Hit Remaining: $6,591,666
  Greatest Cap Hit: Steven Stamkos: $8.5MM
  
• Toronto Maple Leafs
  Cap Hit Remaining: $435,000
  Greatest Cap Hit: Nathan Horton: $5.3MM