Cap going over Sabres heads
As limit on salaries rises, team placing own restraints
By Tim Graham
NEWS SPORTS REPORTER
The Buffalo Sabres are preparing to spend right up to the salary cap again next season. Their salary cap, not the NHL’s.
“We will have our own budget,” Sabres managing partner Larry Quinn said, “and it will be a responsible one.”
The Sabres raked in the bucks this season. They’ve sold out HSBC Arena 50 straight times. They reached the Eastern Conference finals a second year in a row. They’ll get another cut of league revenue sharing. Their merchandise has been hotter than Arizona asphalt.
Despite high yields and their owner’s estimated net worth of $1.7 billion, the Sabres remain a small-market franchise. They already have decided they can’t afford to spend up to the NHL’s salary cap, expected to go up from $44 million to about $48 million and possibly higher.
The Sabres still are figuring out their hockey budget for 2007-08, but an unwillingness to push the payroll limit likely will make it difficult to resign co-captains Daniel Briere and Chris Drury while keeping top goal scorer Thomas Vanek happy.
As limit on salaries rises, team placing own restraints
By Tim Graham
NEWS SPORTS REPORTER
The Buffalo Sabres are preparing to spend right up to the salary cap again next season. Their salary cap, not the NHL’s.
“We will have our own budget,” Sabres managing partner Larry Quinn said, “and it will be a responsible one.”
The Sabres raked in the bucks this season. They’ve sold out HSBC Arena 50 straight times. They reached the Eastern Conference finals a second year in a row. They’ll get another cut of league revenue sharing. Their merchandise has been hotter than Arizona asphalt.
Despite high yields and their owner’s estimated net worth of $1.7 billion, the Sabres remain a small-market franchise. They already have decided they can’t afford to spend up to the NHL’s salary cap, expected to go up from $44 million to about $48 million and possibly higher.
The Sabres still are figuring out their hockey budget for 2007-08, but an unwillingness to push the payroll limit likely will make it difficult to resign co-captains Daniel Briere and Chris Drury while keeping top goal scorer Thomas Vanek happy.
Comment