NHL’s $20M in cash is a start but it’s not enough to sustain the team

In the last couple of years, the Winnipeg Jets have grown a little more accustomed to having the cash to buy players and equipment.They’ve acquired players from the Buffalo Sabres, the Dallas Stars and the Carolina Hurricanes in recent years, and they’re planning on adding more soon.The team, however, still has $16.8 million in cash,…

Published by admin inSeptember 3, 2021
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In the last couple of years, the Winnipeg Jets have grown a little more accustomed to having the cash to buy players and equipment.

They’ve acquired players from the Buffalo Sabres, the Dallas Stars and the Carolina Hurricanes in recent years, and they’re planning on adding more soon.

The team, however, still has $16.8 million in cash, which it’s been using to pay players, keep the roster healthy and keep salaries down.

They’ll need to use that money to upgrade the team, and it will require an extra $20 million.

The Jets can spend some of that money on free agents, but not all of it.

They can’t spend money on draft picks, or for trades or prospects.

“There are still a few things that we need to do to get ready for free agency,” general manager Kevin Cheveldayoff told reporters Friday.

“We need to get back to the trade floor.”

For now, it’s just about finding some cap space to make a move, though it sounds like they’re close to that goal.

There’s a little bit of money left over to be spent, Cheveald said.

That means the Jets could potentially make a big splash this off-season.

If they do, it would likely be with a trade.

The Jets have been linked to a number of top-end free agents over the past couple of weeks, including Jaromir Jagr and Blake Wheeler.

The trade deadline is Monday.