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Salary Cap

SPORTS
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.
SPORTS
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.
SPORTS
June 26, 2013 | Associated Press
CHICAGO - When Rocky Wirtz took over the Chicago Blackhawks 6 years ago, they were among the worst teams in the NHL. Fast forward to yesterday, when the owner mingled with fans and friends hours after the Blackhawks flew home with the Stanley Cup for the second time in four seasons. It's been quite the turnaround, and the 60-year-old Wirtz thinks there is more to come. "I think we're going to see a lot of good years ahead of us," he said. It sure looks that way. Unlike in 2010, when the title-winning team underwent changes because of salary-cap issues, the Blackhawks will be able to bring back many of their top players next season when they try to become the first repeat Stanley Cup winner since the Detroit Red Wings in 1998.
SPORTS
April 25, 2013 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
JAROMIR JAGR is a scholar. At Tuesday's morning skate, Jagr twirled around the Wells Fargo Center ice for the first time since leaving Philadelphia last summer and took up his familiar post at the Bruins' white board. There, he diagrammed plays for linemates Chris Kelly and Carl Soderberg, something that was a welcomed staple during his 1-year stint with the Flyers. "Everything in his life revolves around hockey," Bruins coach Claude Julien said. Jaromir Jagr is also an economist.
SPORTS
April 22, 2013 | BY BOB COONEY, Daily News Staff Writer cooneyb@phillynews.com
HAVE ANY of the professional sports teams in Philadelphia suffered the fast free fall that the 76ers have over the past 11 months? During that time, the team came within one win of advancing to the Eastern Conference final, blew up the roster via buyout, free agency and trade, acquired a player whom many considered one of the top two centers in the NBA, lost that player for the season because of injury, failed to make the playoffs and now lost...
SPORTS
April 19, 2013 | BY BOB COONEY, Daily News Staff Writer cooneyb@phillynews.com
THE PLAYER who cost the organization much of its future in a trade last summer didn't play one game and recently had surgery on two deteriorating knees. He becomes an unrestricted free agent on July 1. There is not much room under the salary cap, perhaps about $12-13 million, to try to make a splash in free agency. The draft pick will be just out of the top 10, in a draft that is filled with players who appear to be peripheral pieces, not ones to build a team around. There could be some front-office moves and now, as of Thursday morning, 76ers owner Josh Harris is heading a group to find a new head coach.
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