A penalty is being imposed on the Detroit Red Wings by NHL's Gary Bettman
The Detroit Red Wings are one of 11 NHL teams that will be punished by the NHL's current "hard-cap" system, which Agent Allan Walsh hates. Who can blame him? It's inflexible and punitive.
Carolina Hurricanes: $33K - $1.076MM
St. Louis Blues: $2.153MM
Edmonton Oilers: $150K - $250K
Minnesota Wild: $1.1MM - $1.15MM
Montreal Canadiens: $1.728MM - $2.308MM
New York Islanders: $600K - $850K
Toronto Maple Leafs: $626K
The
Red Wings will have to take a hit this season, as the team finishes the 2024-2025 season with an overage.
An overage is when the team exceeds the salary cap available for the season, and it will carry into next. For the Red Wings they have players who have performance bonuses tied into their contracts, both old and young players carry these depending on the deal negotiated.
Now, the
Red Wings will have only $871K in cap space to carry into the summer, as they have $2.88 million in bonuses to pay out, with $2.02 million in cap space available.
The culprit? Other than Gary Bettman's stiff-arming the NHLPA on the CBA, which made this happen, Patrick Kane's bonus, which cost the Red Wings a total of $1.75 million in bonuses.
He had a possibility of earning $2.5 million, but was unable to do so because the Wings didn't make the playoffs, hence he didn't play enough games this year to earn them all.
Three rookies earned bonuses this season as well, as
Simon Edvinsson hit three bonuses paying hium an extra $638K, while
Marco Kasper hit two bonuses netting him a total of $500K.
We can be grateful that the Red Wings will be experiencing a bump in the salary cap this offseason.
Otherwise, this is painful, but they're bonuses that have been rightly earned by some of the team's best players this year.
It will pose an issue for the team as they continue to retool this summer.
Previously on Red Wings Insider
POLL |
AVRIL 18 | 239 ANSWERS A penalty is being imposed on the Detroit Red Wings by NHL's Gary Bettman Do you think GM Steve Yzerman of the Detroit Red Wings will be able to retool the team with only $871K in cap space available at the moment? |
Yes | 119 | 49.8 % |
No | 120 | 50.2 % |
List of polls |