Team Canada Olympic Hockey Team's Salary Cap!

Written by Jay

Thursday, 31 December 2009 12:57

sidney_crosby_team_canada

Sidney Crosby Celebrating Lack of Salary Cap for 2010 Olympics!

For the NHL, the league's salary cap is designed to create a sense of parity in the league between big-market teams like the New York Rangers, Toronto Maple Leafs among others with the rest of the league. In addition, it has the added effect of punishing General Managers who make bad signings in giving too many years and dollars to players who don't live up to their contracts. Teams with value contracts often rise to the top of the league while teams saddled with an abundance of poor contracts (read Oilers) often sink to the bottom. It's the reality in the post-CBA NHL. However, the same reality cannot be said of Team Canada's Olympic Hockey Roster which flies way above the ceiling of the NHL's salary cap. Let's take a quick look at the salary cap breakdown of Team Canada...

Here's the Salary Cap Numbers for Team Canada's 2010 Olympic Hockey Team - From Capgeek

PLAYER	CAP HIT
F Sidney Crosby	$8,700,000
F Eric Staal	$8,250,000
F Dany Heatley	$7,500,000
F Joe Thornton	$7,200,000
F Jarome Iginla	$7,000,000
F Patrick Marleau	$6,300,000
F Mike Richards	$5,750,000
F Rick Nash	$5,400,000
F Ryan Getzlaf	$5,325,000
F Corey Perry	$5,325,000
F Patrice Bergeron	$4,750,000
F Brenden Morrow	$4,100,000
F Jonathan Toews	$2,800,000
D Scott Niedermayer	$6,750,000
D Dan Boyle	$6,666,666
D Chris Pronger	$6,250,000
D Shea Weber	$4,500,000
D Brent Seabrook	$3,500,000
D Drew Doughty	$3,475,000
D Duncan Keith	$1,475,000
G Roberto Luongo	$6,750,000
G Martin Brodeur	$5,200,000
G Marc-Andre Fleury	$5,000,000
ROSTER SIZE	23
SALARY CAP	$56,800,000
TEAM CAP NUMBER	$127,966,666
CAP SPACE	$-71,166,666

Team Canada's roster currently has a Team Cap Number of $127,966,666 which exceeds the NHL's salary cap by just over $70 million! It could actually be worse as some of these players have already negotiated new contracts for next season like Jonathan Toews ($6.3 million cap hit next year). Injuries and substitutions could elevate the number further. Team Canada looks like one heck of a Fantasy League team, lol. I'm looking forward to watching this $130 million cap team at the Olympics. Already, the bar has been set high for our team with expectation of a gold medal.

Comments (13) Add Comment

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written by FlyingFridge, December 31, 2009

Team Canada FTW for sure. I can't wait!

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written by MendozaLine, December 31, 2009

Wow, if Jay Bouwmeister had made the team instead of Drew Doughty along with one of Phaneuf or Regehr instead of Duncan Keith, then the team's salary cap would have been North of $130 million. That's crazy. What a stacked team, lol...

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written by Jay, January 02, 2010

Even a Team Canada 'b' team would have a team cap number of over $100 million!

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written by MendozaLine, January 04, 2010

Here's a better Crosby Picture:

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written by Jay, January 06, 2010

In an unfortunate turn of events, Boston Bruins, Patrice Bergeron, reportedly broke his thumb. Apparently Bergeron has three non-displaced fractures in his right thumb.

Patrice Bergeron could return to play in the next ten days. It's possible that the injury might prevent him from playing for Team Canada in the Olympics though there's been no official word to that effect yet.

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written by chubbs, January 09, 2010

i wanted lucic on this team so bad! him instead of stall would have been fine by me. center position is more then over-stacked anyway

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written by Jay-, January 09, 2010

Hey Chubbs,

Yeah, Lucic would have made a good story for these Olympics. It's too bad he was injured this season and missed so many games.

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written by bruce rayner, January 15, 2010

I was wondering who pays these salaries for the olympics?

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written by Jay-, January 15, 2010

Hey Bruce,

The salaries listed are their NHL player salaries which are just paid by whichever teams that they play for.

The players on Olympic teams don't get paid to play in the Olympics.

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written by nillhouse., January 29, 2010

Well, the Team Canada hockey players also might get a bonus depending on how the place or if they win certain medals. It's pretty small relative to their NHL salaries though.

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written by Osborne, February 18, 2010

I'd be curious for someone to do the payroll of the other Olympic teams... I'm guessing Team Norway is probably less than 5% of that.

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written by Jay, February 18, 2010

Yeah, many of the other teams only have a few NHL players. I remember hearing that the goaltender for Norway works as a carpenter for his day job, so you're probably right.