It's less misleading now but it's still misleading as it is an average
wprager wrote:Cap hit is *not* misleading in the least, especially now that they've done away with ridiculous contracts. Cap hit tells you how much more you need to spend, or how much more you can spend. It is a good number for year-over-year comparisons of teams. Ideally you wouldn't have variable contracts and the cap hit and payroll would be the same number (could also help to get rid of agents) but we don't, and the best indicator for the above-mentioned reasons is the cap.
. You still have ridiculous contracts, they're just less ridiculous now.
Leeder, Melnyk and the Sens don't want to know the average $ of dollars they are spending, they need a precise number. Player salaries are a fixed cost to the team.
Right now they are on the hook for $50,877,500. That's at least how much money Eugene needs in the bank account or someone's pay check will bounce. They can easily budget in bonuses by looking at the worst case scenario if they need to pay all possible bonuses in a given year.
Cap hit will only come to play when the team needs to hit the floor or has trouble staying under the cap(LOL not going to happen anytime soon).
Of course you want to know the average, as it regresses the peaks and valleys to the mean. Business planning needs to look over the longer term (3-5 years or longer).
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