Sharks will deal with reduced cap in 2010-2011

Joining the Chicago Blackhawks in the land of salary cap reductions, San Jose will have a slightly smaller amount of dollars to use next season due to bonus overage:

Sources tell capgeek.com nine teams will face a cap reduction this coming season because performance bonuses earned pushed them past the upper limit in 2009-2010. The Blackhawks lead the way by a long shot at an estimated $4.15 million, but the Boston Bruins and Toronto Maple Leafs are getting hit hard too.

Other notable penalties include the Edmonton Oilers, at $354,000, and the San Jose Sharks, at $327,500.

>> Cap Geek

A penalty of $327,500 isn't crippling by any means, but does give Sharks General Manager Doug Wilson a little less to play with when trying to land a top tier defenseman via the trade or free agent market. It will be interesting to see if this has any consequences on the acquisition of players, but due to the relatively small size of the reduction, I doubt it influences things all too much.

For all armchair GM's out there, Capgeek has updated their cap calculator to reflect the situation.The Sharks now have $6.637MM available to use, with three forwards needing to be signed. That short list includes restricted free agent Devin Setoguchi.

I'll be back later tonight with some potential trade targets San Jose could pursue.

 

Go Sharks.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Fear The Fin

You must be a member of Fear The Fin to participate.

We have our own Community Guidelines at Fear The Fin. You should read them.

Join Fear The Fin

You must be a member of Fear The Fin to participate.

We have our own Community Guidelines at Fear The Fin. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9355_tracker