Monday, October 4, 2010

Fedo-contract

Hey, guess what - we actually signed Fedotenko! It's a pretty reasonable deal - 1 year at $1 million. Hooray! No goddamn surprises!

In honor of actually having a full roster, here's the full breakdown of the Rangers' salary cap right now. As I said last night, without Fedotenko, we were $273,333 under the cap. With Fedotenko's (pleasantly reasonable) $1 million deal, we are therefore $726,667 over the cap with these 25 players - but the contracts include $1.775 million in performance-based bonuses, so the bonus cushion places us well within our legal limit for starting the season, even without placing anyone on LTIR. As I mentioned, depending on Drury and Prospal returning, it would be best to come down that additional $726,667 at some point, so as not to risk dipping into next year's cap - but I guess that only matters when Drury and Prospal (if Prospal?) come back, at which point we'd need to cut down anyway to hit the maximum NHL roster size.

Anyway, the point is, there's a $59.4 million cap, which means I just told you we have a total salary of $60,126,667 spread across 25 men, of which $1.775 million is in conditional bonuses. This is a very good place to be, but I want to show you how we got here.

16 Forwards ($35,614,167, incl. $1,562,500 in bonuses)
Marian Gaborik - $7.5 m
Chris Drury - $7.05 m
Alexander Frolov - $3 m
Vinny Prospal - $2.48 m (incl. $1.4 m in bonuses)
Todd White - $2,375,000
Ryan Callahan - $2.3 m
Sean Avery - $1,937,500
Brandon Dubinsky - $1.85 m
Derek Boogaard - $1,625,000
Ruslan Fedotenko - $1 m
Erik Christensen - $925,000
Derek Stepan - $875,000 (incl. $162,500 in bonuses)
Artem Anisimov - $821,667
Brandon Prust - $800,000
Tim Kennedy - $550,000
Brian Boyle - $525,000

7 Defensemen ($16,762,500, incl. $212,500 in bonuses)
Michal Rozsival - $5 m
Marc Staal - $3,975,000
Daniel Girardi - $3,325,000
Matt Gilroy - $1.75 m
Steve Eminger - $1,125,000
Michael Del Zotto - $1,087,500 (incl. $212,500 in bonuses)
Mike Sauer - $500,000

2 Goalies ($7.75 m)
Henrik Lundqvist - $6,875,000
Martin Biron - $875,000

And so there you are - $60,126,667 in 25 player salaries, including $1,775,000 in bonuses. Technically within the $59.4 million cap, thanks to the $4,455,000 bonus cushion, and only $726,667 from not having to use the cushion at all, despite being 2 men over the maximum roster size. In other words, the Rangers are actually in good shape with respect to the cap.

Have I mentioned how nice it is to visit CapGeek and see the Rangers in the middle of the back, with the Devils $3 million in the negative? It's really, really, nice.

No comments:

Post a Comment