How the Boston Bruins Should Deal with Their Salary Cap Issues – Bleacher Report
The Boston Bruins started training camp on Thursday without two of the players so essential to their team last season: Reilly Smith and Torey Krug. The duo combined for 91 points during the season, and Krug led the team in playoff scoring (Smith was one back of the team lead in postseason goals).
The reason those players aren‘t in camp? Boston simply doesn‘t have the money to sign them at the moment.
According to CapGeek.com, the Bruins are slated to be roughly $800,000 over the NHL salary cap. Most of the problem stems from the team’s decision to carry over bonuses from 2013-14 (including $4.2 million for Jarome Iginla) into 2014-15.
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“We’re in a situation based on last year; we kind of went all in and fell short and we’re paying the price a little bit now,” Bruins president Cam Neely told the team’s website. “I just hope we get something done really quick. Obviously those guys had great years for us last year, and they’re a big part of our organization moving forward.”
The actual situation isn‘t quite as dire as that. Marc Savard accounts for a little over $4.0 million of that cap space. The Bruins have two options with Savard. They can place him on long-term injured reserve on the last day of training camp, which would make them compliant with the salary cap but would also reduce the amount of money they would have to replace him. Alternatively, they could ensure they were as close to the salary cap as possible on opening night and place Savard on long-term injured reserve the next day.