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Friedman’s Latest: Cap, Islanders, Purcell, Cowen

December 7, 2016 at 11:09 am CDT | by Brett Barrett Leave a Comment

In the latest edition of his wonderful 30 Thoughts column, Sportsnet’s Elliotte Friedman touched on a wide variety of topics of interest to hockey fans, including where the salary cap is expected to land for the 2017-18 season.

  • At this month’s GM meetings, managers are expecting to receive a preliminary number for the salary cap. Friedman reported that a couple GMs are “hoping for $75MM.”
    That would be an increase of $2MM over the current $73MM ceiling. Last summer, the cap went up by just $1.6MM, which was a smaller increase than what most teams were expecting, and also one of the smaller increases in cap history. The cap has risen by more than $3MM six times since it was implemented in 2005-06.
  • After discussing the New York Islanders management situation, Friedman joked that “one day I’m going to ply GM Garth Snow with enough truth serum to find out how hard he planned to go after Steven Stamkos, what he was going to offer, and how that affected his July 1, 2016 decisions.”
    The off-season did not go as planned for the Islanders, who lost Kyle Okposo and Frans Nielsen to free agency and replaced them with Andrew Ladd and Jason Chimera. Ladd has just three goals and six points this season, and is signed for seven years. He’s a prominent member of Pro Hockey Rumors’ 2016 UFA All-Bust Team.
  • As we speculated when he was placed on waivers, the Los Angeles Kings had tried to trade Teddy Purcell before placing him on waivers. However, they were not willing to take a contract back, as we suggested most teams would offer. Friedman suggested Ottawa could have interest, as Purcell previously played for Senators head coach Guy Boucher when the pair were in Tampa Bay, but it doesn’t work at the moment for budget reasons. Friedman says he “wouldn’t be surprised if someone takes a chance” later in the season
  • Finally, with Jared Cowen’s arbitration result due to come later today, Friedman pointed out that a Cowen win would “wreak havoc” on next year’s cap for the Maple Leafs because of rookie bonus overages. Currently Cowen’s buyout is a $650K cap credit for Toronto, but that could change to a $3.1MM cap hit depending on whether or not the arbitrator deems Cowen was healthy enough to buy-out in the summer (numbers via Cap Friendly).
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Arbitration| Garth Snow| Guy Boucher| Los Angeles Kings| New York Islanders| Newsstand| Tampa Bay Lightning| Toronto Maple Leafs| Waivers Andrew Ladd| Elliotte Friedman| Frans Nielsen| Jared Cowen| Jason Chimera| Kyle Okposo| Salary Cap| Steven Stamkos

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