The Buffalo Sabres are inching closer to their season opening games with nearly $7 million in open cap space to work with. The remaining cap space has been a point of contention within the fan base, as the Sabres are poised to open their fourth-straight season with a significant gulf in cap expenditure against the NHL’s cap ceiling.
Buffalo opened their prior three seasons with $8,826,430 (2023-24), $18,648,333 (2022-23) and $16,435,864 (2021-22) in cap space. Barring an 11th hour acquisition, the 2024-25 season will follow suit. (Figures compiled from CapFriendly.)
Some context is required when evaluating Buffalo’s recent cap expenditures. The Sabres had jumped headfirst into a rebuild in the summer of 2021, shedding core players with large cap hits and they weren’t a year removed from trading Jack Eichel and his $10 million cap hit when they hit the ice with over $18 million in space in 2022. Still, over the past 10 seasons, the Sabres have only spent within $3 million of the cap on four occasions. Certainly a reflection of the on-ice results and direction of the front office, but also well out of line with Terry Pegula’s infamous oil well line from his introductory press conference.
The team’s current cap situation has been well documented. Jeff Skinner’s buyout is largely responsible for the available space and Adams has been on record noting his desire to maintain flexibility for future extensions by not taking on long term commitments via free agency or trade. That does run counter to some of the team’s rumored activity in the summer when they were linked to the likes of Martin Necas, but taking it at face value, it’s fair enough to say that much of the future savings from Skinner’s buyout will be eaten up by extensions to the likes of JJ Peterka, Jack Quinn and others. But don’t forget that the greatest cap benefit to buying out Skinner, comes this season. The decision to buy him out is understandable, logical even given how Lindy Ruff has said he hopes the team will play. To not fully capitalize on those savings is questionable, if not downright reckless in a season as pivotal as this one.
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