|Do the Devils Have Enough Cap Space |
Next Season to Renew Parise's Contract
New Jersey has two BIG cap problems. First, they are over this years cap by approx $3 mil while needing to fill two more roster spots. This makes the cap gap $4 mil if you assume they fill the last two spots at the $500k minimum salary.
They also have a cap issue for next year. They have approx $10.1 left in next year's cap with ten roster spots to fill. Zach Parise is an RFA at the end of this year. His salary for this season is $5 mil with a contract structure giving a $3.1 mil cap hit.
You can expect his new contract to create at least a $5.5 mil cap hit. Thus, $4.6 mil in cap space with nine spots to fill. The $4.6 mil space shrinks if New Jersey finds a way to maximize this season's bonus deferrals to address this year's cap problem. A team can defer bonuses to next year's cap up to 7.5% of the current year's cap. With its present contracts, New Jersey only has $750k of the allowable $4.455 mil bonuses available to defer.
Tyler Bozak - $3.725 mil cap hit - $2.85 mil bonus - $875k salary - one year
Luke Schenn - $2.975 mil cap hit - $2.1 mil bonus - $875k salary - one year
Nazim Kadri - $1.72 mil cap hit - $850k bonus - $870 salary - three years
If New Jersey reaches the conclusion they simply won't have cap space next year to resign Zach Parise, then trading him becomes inevitable. In other words, trading Zach Parise for high ceiling prospects like Luke Schenn and Nazim Kadri becomes viable. Like the Travis Zajac scenario, you can address the remaining cap gap by trading/demoting one of the defencemen making under $800k and trading Jamie Langenbruner. Perhaps, New Jersey gets Toronto to take one of their under $1 mil one-way contract defencemen as part of the trade.
In these scenarios, I assume Brian Burke will have to include additional top prospects and/or high draft picks to even it out for New Jersey since he is receiving the best player. I will leave that speculation to you. Never the less, the principals identified in both scenarios do address this year's cap problem for New Jersey and interest Toronto more than enough to part with their top prospects. Remember, Toronto does not need to make a deal and New Jersey must do something to fix its cap problems of both this year and next year.
I do not envy Lou Lamoriello's situation. It is almost comparable to Chicago's cap problem.Tweet