$69 million cap might not be enough for Lou’s needs

Lou Lamoriello

With the 2014-15 salary cap now set at $69 million -- some expected it to go as high as $72 million -- Rich Chere, of the Star-Ledger, is reporting the Devils will have just $10 million to work on with a nearly $59 million payroll already set, the seventh-highest payroll in the league.

Chere also suggests that perhaps, now, knowing he has such little room to work with that Lou Lamoriello might reconsider using his remaining compliance buyout of Anton Volchenkov.

At this point, the buyout is a no-brainer.

And I truly had no clue the Devils’ payroll with the seventh-highest in the entire league.  Did you?

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NHL 2014-15 payroll cap, floor set

NEW YORK —

The National Hockey League and the National Hockey League Players’ Association today announced that the Team Payroll Range established for the 2014-15 league year, pursuant to the Collective Bargaining Agreement, provides for a lower limit of $51 million, an adjusted midpoint of $60 million and an upper limit of $69 million.

Last year’s upper limit was $64.5 million.

What are your thoughts? Comment here, on Google+ or on our Facebook Group.