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Old Posted Jul 15, 2011, 10:07 PM
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Nicko999 Nicko999 is offline
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Join Date: Sep 2007
Location: Montreal
Posts: 16,422
Interesting article


At the beginning of July, the Free Agent Frenzy was in full swing with signings coming fast and furious.

Two weeks later and the frenzy has become calm.

Now two weeks into the meat of the off-season, it's time to take a quick look to see where every team in the league stands with regards to the salary cap, starting with the Canadian clubs.

All the numbers below have come from and as a reminder, the NHL's salary cap for the upcoming 2011-12 season is $64.3 million while the cap floor is $48.3 million.

The Calgary Flames, who have 12 players on their roster with either no movement, limited no trades, or straight-up no trade clauses is Canada's team closest to the salary ceiling according to, with a cap number of $61,008,334. Despite being so close to the cap, the Flames still were interested in free agent Brad Richards, who eventually signed with the New York Rangers.

Just a million or so dollars behind Calgary are the defending Western Conference champion Vancouver Canucks at $60,408,333. The Canucks have had a busy off-season locking up Kevin Bieksa to a five-year deal and roll players like Sami Salo and Chris Higgins, among others.

According to capgeek, the Toronto Maple Leafs, who are still reportedly in the market for a top-six forward despite adding Tim Connolly, are at $59,115,000

After signing Erik Cole and re-signing Andrei Markov to sizable deals, the Montreal Canadiens are sitting at $56,620,510.

In an almost identical position to Montreal from a cap perspective are the Edmonton Oilers who have $56,400,000 committed after buying out the contract of defenceman Sheldon Souray.

The Ottawa Senators have cash to spend as they are currently at $51,870,834.

Even after signing their captain Andrew Ladd to a new contract, the Winnipeg Jets are sitting just under the salary cap at $46,419,166 in salary for next season.

The Habs are in a favorable position even though we have Gomez in our payroll.