Look how contracts are made, they make these contracts off of these projections.

It is exactly how it works.

Projections in the past have been accurate give or take a M.

You do not plan for pandemics.
- Santo_44

so where did this projection you think is so reliable, come from? who, exactly, has said it will go up by 10m?

I do'nt recall the NHL ever making projections 3 years into the future. They generally only speak to the next seasons cap, based on mid-year gate revenues.

so where did this projection you think is so reliable, come from? who, exactly, has said it will go up by 10m?

I do'nt recall the NHL ever making projections 3 years into the future. They generally only speak to the next seasons cap, based on mid-year gate revenues.
- prock

They always have.

And they always have a general projection so they can create 7-8 year deals.

NHL players aren't signing 7-8 year deals if teams don't use the projections, why would they? an 8M cap hit is an extra million in 3 years.

you don't know this. There have been unsubstantiated reports that it COULD go up by that.

a) "could" does not mean "likely", and most certainly does not mean "will unless" like you're saying.
b) the key person speaking about this is Bill Daly, who might, just MIGHT, have a vested interest in saying something like that.... right?
- prock

I just don't see why Daly would puff up the projections. Why would the league have an interest in flattering the Cap? ...the Union does. Bettman and his squad are always preaching conservative financials.

The league knows their current revenue and based on current revenue the Cap would be X. X is arbitrarily low due to the escrow repayments. All Daly said was that those repayments will be done by summer of 24' so the 24/25' Cap will be based on current (next year) revenues and incomes. Those are pretty predictable ..subject to another pandemic or massive decreases in gate revenue.

A $87/88M cap in 24/25 is lower than I would have expected.

They always have.

And they always have a general projection so they can create 7-8 year deals.

NHL players aren't signing 7-8 year deals if teams don't use the projections, why would they? an 8M cap hit is an extra million in 3 years.
- Santo_44

sbow me. show me one comment out of bettman, ever, making a cap projection three years into the future. Hell, show me one quote of anyone other than Elliote Friedman and "sources" claiming 10m for that matter.

I just don't see why Daly would puff up the projections. Why would the league have an interest in flattering the Cap? ...the Union does. Bettman and his squad are always preaching conservative financials.

The league knows their current revenue and based on current revenue the Cap would be X. X is arbitrarily low due to the escrow repayments. All Daly said was that those repayments will be done by summer of 24' so the 24/25' Cap will be based on current (next year) revenues and incomes. Those are pretty predictable ..subject to another pandemic or massive decreases in gate revenue.

A $87/88M cap in 24/25 is lower than I would have expected.
- The Law

Exactly this^

And then the cap will start growing at a predictable rate, at least in the ballpark.

I just don't see why Daly would puff up the projections. Why would the league have an interest in flattering the Cap? ...the Union does. Bettman and his squad are always preaching conservative financials.

The league knows their current revenue and based on current revenue the Cap would be X. X is arbitrarily low due to the escrow repayments. All Daly said was that those repayments will be done by summer of 24' so the 24/25' Cap will be based on current (next year) revenues and incomes. Those are pretty predictable ..subject to another pandemic or massive decreases in gate revenue.

A $87/88M cap in 24/25 is lower than I would have expected.
- The Law

Higher cap encourages bigger contracts, that's why he would be the most likely to be optomistic.

But Daly has never said 10m specifically to my knowledge. He's said "significantly". the 10m was just "sources", through sportsnet.

sbow me. show me one comment out of bettman, ever, making a cap projection three years into the future. Hell, show me one quote of anyone other than Elliote Friedman and "sources" claiming 10m for that matter.
- prock

Bill Daly makes these announcement and updates multiple times per year.

I’m not saying the USA is franked beyond repair, but today half of the nation is furious because a black woman played a flute.
- Atomic Wedgie

It's just externalized self-loathing because all the cool things in the states were gifted to them by the French.

Statue of Liberty
Crystal Flute
French Fries


everything!

Bill Daly makes these announcement and updates multiple times per year.
- TurdFergeson

for the following season, yes. 3 years, no. They start saying "based on attendance so far, it would $XXM next year"

so where did this projection you think is so reliable, come from? who, exactly, has said it will go up by 10m?

I do'nt recall the NHL ever making projections 3 years into the future. They generally only speak to the next seasons cap, based on mid-year gate revenues.
- prock

I think the reference is Friedman. So for clarity Daly makes his comments. Then the Friedge goes to his 'league sources' who tell him that the current belief projects the cap could be 88M in 24/25 and 92M in 25/26.

I think the reference is Friedman. So for clarity Daly makes his comments. Then the Friedge goes to his 'league sources' who tell him that the current belief projects the cap could be 88M in 24/25 and 92M in 25/26.
- The Law

Right. but this is my point. This 10M figure, at this point, it's just "sources". This is nothing to bank on.

Maybe (probably) they go up. But banking on them jumping 15 % is a jump to me.

Higher cap encourages bigger contracts, that's why he would be the most likely to be optomistic.

But Daly has never said 10m specifically to my knowledge. He's said "significantly". the 10m was just "sources", through sportsnet.
- prock

Right. Why would Daly want higher contracts? He's Bettman's RHM. I think you're thinking of Don Fehr? He will be telling everyone that's listening that the leagues' projections are low and that the Cap will be 100M.

Right. Why would Daly want higher contracts? He's Bettman's RHM. I think you're thinking of Don Fehr? He will be telling everyone that's listening that the leagues' projections are low and that the Cap will be 100M.
- The Law

Yep, you're right, I'm screwing up Daly with Donald Fehr. My bad.

I still think all we have right now is "sources", and we have no idea where or how this 10m amount came from, or how reliable it is. it's just sportsnet saying this right now.

Until this comes in one of those league pressers, where it's Daly, Bettman, whatever, speaking to where they think it will be, then you have to take it with a grain... pound of salt.

Right. but this is my point. This 10M figure, at this point, it's just "sources". This is nothing to bank on.

Maybe (probably) they go up. But banking on them jumping 15 % is a jump to me.
- prock

Agreed. It's always that going to be 'projections'. But I think if the league is saying it ...they know it's true. And a huge portion of their income/revenue is very predictable at this point. They know their TV$, their corp$, sales$, and season tix. Walk up gate receipts probably fluctuate on the margins. They know what's up and the league is not going to puff up the numbers. Bettman probably writes Daly's script for him.

Yep, you're right, I'm screwing up Daly with Donald Fehr. My bad.

I still think all we have right now is "sources", and we have no idea where or how this 10m amount came from, or how reliable it is. it's just sportsnet saying this right now.

Until this comes in one of those league pressers, where it's Daly, Bettman, whatever, speaking to where they think it will be, then you have to take it with a grain... pound of salt.
- prock

Lol ...alright everything makes sense now. Daly making those comments should give us more confidence. If it were Fehr I'd be right there with you. No way he's underselling.

Lol ...alright everything makes sense now. Daly making those comments should give us more confidence. If it were Fehr I'd be right there with you. No way he's underselling.
- The Law

They are still subject to change and they often do. Over the last decade there has been many times they projected higher than what the cap actually increased. If a recession settles in you can bet the projections decrease.

Agreed. It's always that going to be 'projections'. But I think if the league is saying it ...they know it's true. And a huge portion of their income/revenue is very predictable at this point. They know their TV$, their corp$, sales$, and season tix. Walk up gate receipts probably fluctuate on the margins. They know what's up and the league is not going to puff up the numbers. Bettman probably writes Daly's script for him.
- The Law

I’m still very curious as to how gate receipts will be affected, post-covid, and more importantly with the new normal of home/office work hybrid.

Last year, Leafs tix for weekday games were not sold out, and the resale market was grim.

Will it rebound this year?

I don’t know.

They are still subject to change and they often do. Over the last decade there has been many times they projected higher than what the cap actually increased. If a recession settles in you can bet the projections decrease.
- TurdFergeson

At what point do corporations realize they are wasting money with their luxury boxes?

Also once everyone is healthy Either Kerfoot or Engvall and Holl will have to go.

Bunting-AM-Marner
Malgin-JT-Nylander
Robertson-Kerfoot-Jarnkrok
ZAR-Kampf-NAK

or

Bunting-AM-Marner
Robertson/Malgin-JT-Nylander
Engvall-Kampf-Jarnkrok
ZAR-Gaudette-NAK
- Santo_44

and still need to sign ZAR @ 1M cap there abouts

Unless another pandemic happens it will.

Or at least very close to it.

Also its not how the league works when signing contracts, they work off of these projections.
- Santo_44

yeah but that's in 2~3 season from now

I’m not saying the USA is franked beyond repair, but today half of the nation is furious because a black woman played a flute.
- Atomic Wedgie

wait ....

what .... ???

Welcome back Sandman!! Good news.

I’m still very curious as to how gate receipts will be affected, post-covid, and more importantly with the new normal of home/office work hybrid.

Last year, Leafs tix for weekday games were not sold out, and the resale market was grim.

Will it rebound this year?

I don’t know.
- Atomic Wedgie

Ultimately, the house never loses. Income and revenue will climb because it has too.

Bill Daly makes these announcement and updates multiple times per year.
- TurdFergeson

do some leg work and get the man his link of Daly last cap possibly increasing in the few years.

Ultimately, the house never loses. Income and revenue will climb because it has too.
- The Law

And the value of the property goes up and tax write offs keep the deal nice and sweet