Payroll Room
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Payroll Room
The "Payroll Room" is how much money in a National Hockey League (NHL) team's salary cap is left to acquire players, whether such players are signed as free agents or join the team via a trade or waivers. The term originated in 2005 with the NHL Collective Bargaining Agreement (CBA), which was negotiated following a season-long lockout. The new CBA includes a salary cap (formally titled the "Upper Limit" of the ''Payroll Range'' in the agreement). Payroll room is often called cap room in the media Media may refer to: Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications delivered over mass el .... A team can increase its cap room if it trades high-salary players to other teams and gets lower-paid players in their place. A team cannot trade its cap room to another team or defer its cap room to subsequent seasons. Other practices on ...
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National Hockey League
The National Hockey League (NHL; french: Ligue nationale de hockey—LNH, ) is a professional ice hockey league in North America comprising 32 teams—25 in the United States and 7 in Canada. It is considered to be the top ranked professional ice hockey league in the world, and is one of the four major professional sports leagues in the United States and Canada. The Stanley Cup, the oldest professional sports trophy in North America, is awarded annually to the league playoff champion at the end of each season. The NHL is the fifth-wealthiest professional sport league in the world by revenue, after the National Football League (NFL), Major League Baseball (MLB), the National Basketball Association (NBA), and the English Premier League (EPL). The National Hockey League was organized at the Windsor Hotel in Montreal on November 26, 1917, after the suspension of operations of its predecessor organization, the National Hockey Association (NHA), which had been founded in 1909 i ...
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Team Payrolls In The National Hockey League
Here are several tables of National Hockey League team payrolls for each team in the NHL. For simplicity, players traded mid-season are considered to be on the payroll of the team acquiring that player. League After the 2004–05 season was cancelled, a new collective bargaining agreement (CBA) was agreed upon between the NHL and the NHL Players' Association. This CBA included a salary cap for team salaries (formally defined in the CBA as the "Upper Limit"), which would potentially increase from one season to the next depending on league revenues,''Collective Bargaining Agreement between National Hockey League and National Hockey League Players' Association''
p. 217: :"the Lower Limit and t ...
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Free Agent
In professional sports, a free agent is a player who is eligible to sign with other clubs or franchises; i.e., not under contract to any specific team. The term is also used in reference to a player who is under contract at present but who is allowed to solicit offers from other teams. In some circumstances, the free agent's options are limited by league rules. Types Terms Unrestricted free agent Unrestricted free agents are players without a team. They have either been released from their club, had the term of their contract expire without a renewal, or were not chosen in a league's draft of amateur players. These people, generally speaking, are free to entertain offers from all other teams in the player's most recent league and elsewhere and to decide with whom to sign a contract. Players who have been bought out of league standard contracts may have restrictions within that league, such as not being able to sign with the buy-out club for a period of time in the NHL, b ...
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Waivers (NHL)
Waivers is a National Hockey League (NHL) labor management procedure by which an NHL team makes a professional ice hockey player's contract and rights available to all other NHL teams. Other NHL teams "waive" any claim to a player designated for assignment in the American Hockey League (AHL) or designated for release. The process is typically referred to as "being placed on waivers." It is similar to the designated for assignment process in Major League Baseball. Minor league assignment procedure In the NHL, each player signs what is, or is a variation of, a standard NHL player's contract. The contract specifies that the team has exclusive rights to the player playing in the NHL. Once an NHL player has played in a certain number of games or a set number of seasons has passed since the signing of his first NHL contract (see here), that player must be offered to all of the other NHL teams before he can be assigned to a minor league affiliate. In the 2005 Collective Bargaining Agreeme ...
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2005 In Sports
2005 in sports describes the year's events in world sport. Alpine skiing * Alpine Skiing World Cup ** Men's overall season champion: Bode Miller (US) ** Women's overall season champion: Anja Pärson (Sweden) American football * Super Bowl XXXIX – the New England Patriots (AFC) won 24–21 over the Philadelphia Eagles (NFC) **Location: Alltel Stadium **Attendance: 78,125 **MVP: Deion Branch, WR (New England) * Orange Bowl ( 2004 season): ** The Southern California Trojans won 55–19 over the Oklahoma Sooners to win the BCS National Championship Association football * May 18 – UEFA Cup final – CSKA Moscow became the first Russian club to win a major European club competition, defeating Sporting Lisbon 3–1 at Sporting's home field in Lisbon. * May 25 – UEFA Champions League final – Liverpool defeated A.C. Milan 3–2 on penalties after a 3–3 draw in Istanbul to win Europe's top prize for the 5th time. * August 31 – Boca Juniors (Argentina) won the Recopa Sudamer ...
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NHL Collective Bargaining Agreement
The NHL Collective Bargaining Agreement (CBA) is the basic contract between the National Hockey League (NHL) (32 team owners and NHL commissioner) and the NHL Players' Association (NHLPA), designed to be arrived at through the typical labour–management negotiations of collective bargaining. On January 6, 2013, an agreement was tentatively reached after a labour dispute cancelled 510 regular season games of the 2012–13 season, and was ratified by the league's Board of Governors on January 9, 2013, as well as by the NHLPA membership three days later on January 12, 2013. As originally signed, the 2013 CBA was a 10-year deal, longest in NHL history, expiring after the 2021–22 season. On July 10, 2020, the NHL and NHLPA announced the extension of the CBA through the 2025–26 NHL season. History 1994–1995 lockout The previous agreement was signed in 1995 following a lockout which shortened the 1994–95 NHL season to 48 games, a loss of 34 games from what had originally be ...
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2004–05 NHL Lockout
The 2004–05 NHL lockout was a labor lockout that resulted in the cancellation of the National Hockey League (NHL) season, which would have been its 88th season of play. The main dispute was the league's desire to implement a salary cap to limit expenditure on player salaries, which was opposed by the NHL Players Association (NHLPA), the players' labor union, who proposed an alternative system of revenue sharing. Attempts at collective bargaining before the season began were unsuccessful. The lockout was initiated on September 16, 2004, one day after the expiration of the existing collective bargaining agreement (CBA), which itself had been the result of the 1994–95 lockout. During the lockout, further attempts to negotiate a new CBA floundered, with neither side willing to back down, and this led to the entire season being canceled on February 16, 2005. The NHL and NHLPA negotiating teams finally reached an agreement on July 13, 2005, with the lockout officially ending ...
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Salary Cap
In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps, using them to keep overall costs down, and also to maintain a competitive balance by restricting richer clubs from entrenching dominance by signing many more top players than their rivals. Salary caps can be a major issue in negotiations between league management and players' unions because they limit players' and teams' ability to negotiate higher salaries even if a team is operating at significant profits, and have been the focal point of several strikes by players and lockouts by owners and administrators. Adoption Salary caps are used by the following major sports leagues around the world: * North America ** The National Basketball Association, National Football League, National Hock ...
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Mass Media
Mass media refers to a diverse array of media technologies that reach a large audience via mass communication. The technologies through which this communication takes place include a variety of outlets. Broadcast media transmit information electronically via media such as films, radio, recorded music, or television. Digital media comprises both Internet and mobile mass communication. Internet media comprise such services as email, social media sites, websites, and Internet-based radio and television. Many other mass media outlets have an additional presence on the web, by such means as linking to or running TV ads online, or distributing QR codes in outdoor or print media to direct mobile users to a website. In this way, they can use the easy accessibility and outreach capabilities the Internet affords, as thereby easily broadcast information throughout many different regions of the world simultaneously and cost-efficiently. Outdoor media transmit information via such media ...
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Transfer Fee
Transfer may refer to: Arts and media * ''Transfer'' (2010 film), a German science-fiction movie directed by Damir Lukacevic and starring Zana Marjanović * ''Transfer'' (1966 film), a short film * ''Transfer'' (journal), in management studies * "The Transfer" (''Smash''), a television episode *''The Transfer'', a novel by Silvano Ceccherini Finance * Transfer payment, a redistribution of income and wealth by means of the government making a payment * Balance transfer, transfer of the balance (either of money or credit) in an account to another account * Money transfer (other) ** Wire transfer, an international expedited bank-to-bank funds transfer Science and technology Learning and psychology * Transfer (propaganda), a method of psychological manipulation * Knowledge transfer, within organizations * Language transfer, in which native-language grammar and pronunciation influence the learning and use of a second language * Transfer of learning, in education Mathemati ...
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