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Salary Cap

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January 15, 2014 | By John Smallwood, Daily News Staff Writer
THE CURRENT perception of the Union is something CEO Nick Sakiewicz is well aware of. He knows about the narrative floating on Twitter and other social-media sites regarding his franchise - that the organization does not want to spend the money necessary to take it to the next level of competition in Major League Soccer. Never one to hold back his feelings, Sakiewicz bristles at the suggestions. "I kind of chuckle at the idea," Sakiewicz said the other day as he was about to board a flight to Europe.
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December 21, 2013 | By Mike Sielski, Inquirer Columnist
It was after midnight on Feb. 24, 2005, when Billy King talked for the first time about the trade that was supposed to resurrect the 76ers. On the campus of the Philadelphia College of Osteopathic Medicine, Evans Hall - the building the Sixers still use as their practice facility - was dark save for the second-floor student lounge above the basketball court. His shirttail untucked and webbed with wrinkles, his eyes rimmed red, King had spent the previous 24 hours negotiating with the Sacramento Kings, finessing the details of a six-player deal to get Chris Webber.
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December 11, 2013 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
OTTAWA - Like many stranded because of the winter storm that wreaked havoc on the airline system, Flyers general manager Paul Holmgren couldn't make it to Monterey, Calif., yesterday for the NHL's Board of Governors meetings. Instead, Flyers chairman Ed Snider represented the club just fine at Pebble Beach, where the league's top executives convened for annual meetings that wrap up today. But it would have been helpful for Holmgren to hear the NHL's latest salary-cap projections for next season directly from the source.
SPORTS
October 1, 2013
ROSTER UPDATE Paul Holmgren is being cryptic again. Well, he isn't trying to be, but Holmgren played coy with the media yesterday, unwilling to disclose exactly how his roster will look for Wednesday's opener against Toronto. He has a ton of flexibility: forward Adam Hall and defenseman Bruno Gervais both cleared waivers yesterday. They can be sent to Adirondack and taken off the salary cap if necessary, but Hall could very well stick around. They only have 13 forwards on the roster after Chris Vande Velde was sent to the AHL on Saturday.
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September 30, 2013 | By FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
WASHINGTON - What does Paul Holmgren have up his sleeve? It doesn't take a mathlete to understand that the Flyers are currently over the NHL's $64.3 million salary cap with Chris Pronger on the roster. Pronger will not play again, but the Flyers must retain his salary-cap hit on their roster for the first day of the season before he can be move to the long-term injury list. It's important to note that the first day of the salary cap begins Monday afternoon - and the Flyers' first game isn't until Wednesday against Toronto.
SPORTS
August 13, 2013 | By Phil Sheridan, Inquirer Columnist
When sports fans started referring to players as "pieces," things were never quite the same. It has something to do with fans taking a more sophisticated view of the teams they follow. Everyone thinks he or she can do a better job than Ruben Amaro Jr. or Howie Roseman or Paul Holmgren or other general managers. In some cases, everyone may be right. In most cases, probably not. Somehow, transactions became more interesting to many fans than the actual games: Draftniks and salary cap aficionados and advanced stat advocates and fantasy gurus have elbowed out the guy who just wants to have a beer and watch a ball game.
SPORTS
July 11, 2013
Milwaukee traded forward Luc Mbah a Moute to the Sacramento Kings for a 2016 second-round draft pick, a person familiar with the deal said Tuesday. The source also said Milwaukee has the right to swap 2018 second-round picks. The 6-foot-8, 230-pound forward has emerged as a standout defender since he was drafted 37th overall out of UCLA by the Bucks in 2008. He has averaged 6.9 points and 5.3 rebounds in 25.1 minutes per game in his career. Mbah a Moute has two years remaining on a four-year deal worth about $19 million.
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July 7, 2013 | Daily News Wire Reports
NHL TEAMS made a big splash on the first day of free agency yesterday. After the Boston Bruins failed to get Jarome Iginla at the trade deadline, they grabbed him in free agency. The longtime Flames forward, who was traded to Pittsburgh in March, signed a 1-year deal with the Bruins yesterday. The right wing will have a base salary of $1.8 million along with $4.2 million in incentives, which gives him a $6 million salary cap charge. The 36-year-old entered this past season having scored at least 30 goals 11 straight times.
SPORTS
July 5, 2013
In a scramble by NHL teams to free space under the salary cap before the start of free agency, five veteran players were placed on unconditional waivers on Wednesday. The Minnesota Wild confirmed they waived defenseman Tom Gilbert for the purpose of buying out the remaining year of his contract. The Nashville Predators said they placed forward Sergei Kostitsyn on waivers. Also waived, according to a person familiar with the moves, were Detroit defenseman Carlo Colaiacovo , Vancouver defenseman Keith Ballard , and Buffalo forward Nathan Gerbe . Former New York Islanders goalie Rick DiPietro cleared waivers and had his contract bought out by the team.
SPORTS
July 3, 2013 | BY FRANK SERAVALLI
LAST SUMMER, Paul Holmgren put all his eggs in one basket, going after Ryan Suter and Zach Parise, who both landed in Minnesota on dual $98 million deals. The Flyers had no apparent Plan B. This summer, Holmgren took a stab at the biggest free agent on the market. Apparently, his wait-and-see approach paid off. Somehow, Vincent Lecavalier will be a Flyer for the next five seasons. Lecavalier shocked the hockey world yesterday by choosing Philadelphia over Dallas, Detroit, Montreal, Toronto, Boston, St. Louis, Washington, Anaheim, Vancouver and Calgary.
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