Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Caps announce agreement to buy CapFriendly site

Written by 
Published in Hockey
Wednesday, 12 June 2024 18:16

The Washington Capitals reached a deal to buy CapFriendly, a popular site that has long been a source of NHL salary information and will soon no longer be available to other teams or fans.

General manager Brian MacLellan confirmed the agreement in a statement Wednesday. The site will continue to operate independently through the draft in late June and start of free agency before the transaction is completed in the middle of the summer.

Assistant GM Don Fishman has been an expert in managing the salary cap for several years, helping Washington win the Stanley Cup in 2018 and reach the playoffs 15 times in the past 17 seasons. The Capitals believe this will give them an even bigger boost in navigating the finances of the game.

"This strategic move will provide the Capitals organization with the ability to digest, present and analyze both our internal and league-supplied data," MacLellan said. "We anticipate that this acquisition will significantly enhance and integrate the various branches of our hockey operations department, allowing us to strengthen our management, scouting, analytics and player development, in addition to augmenting our salary cap and contractual applications."

The Capitals were not the only team in conversations with CapFriendly, which started in 2015 as a successor to CapGeek. A message sent to CapFriendly seeking comment on the sale was not immediately returned.

MacLellan said the team is bringing in CapFriendly's Jamie, Ryan and Christopher Davis once the agreement is finalized, saying the Capitals "are excited to add the CapFriendly platform and the team's related deep industry knowledge to the Capitals front office." Buying the existing information rather than starting from scratch gives the organization a head start while the league's other 31 teams must now adjust to Washington's competitive advantage.

News of the sale and CapFriendly shuttering as a public entity emerged over the weekend and became a topic of conversation around the Stanley Cup Final between the Florida Panthers and Edmonton Oilers.

Hart Levine, the founder of PuckPedia, another site with NHL salary data and more, congratulated members of CapFriendly for getting rewarded for their work and hopes fans check out some of the tools he has made available, such as one that calculates the value of draft picks in trades and another about cap relief teams can get.

"We were already working on some exciting development, but this obviously will expedite and speed that work up," Levine told The Associated Press. "We've been getting very useful feedback, which we're taking to move quickly and be responsive to people's suggestions. It's an opportunity for us to learn, build and adapt and hopefully become a trusted and important hockey destination."

Read 155 times

Soccer

Amorim defends Højlund despite scoring woes

Amorim defends Højlund despite scoring woes

EmailPrintOpen Extended ReactionsRuben Amorim has insisted that Rasmus Højlund is not solely to blam...

Weekend review: Real Madrid still in title race, plus much more

Weekend review: Real Madrid still in title race, plus much more

EmailPrintOpen Extended ReactionsThroughout the course of the weekend, the LaLiga title race went fr...

Lewandowski (hamstring) in doubt for UCL semis

Lewandowski (hamstring) in doubt for UCL semis

EmailPrintBarcelona striker Robert Lewandowski is a major doubt for the Copa del Rey final and the C...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Cavs ride Jerome heater to Game 1 win vs. Heat

Cavs ride Jerome heater to Game 1 win vs. Heat

EmailPrintOpen Extended ReactionsCLEVELAND -- When the Cleveland Cavaliers first assembled for this...

Alperen Sengun puts Draymond Green on a poster

Alperen Sengun puts Draymond Green on a poster

EmailPrintOpen Extended ReactionsThe first possession of Alperen Sengun's NBA playoff career began w...

Baseball

O's give up 24 runs in 'embarrassing' loss to Reds

O's give up 24 runs in 'embarrassing' loss to Reds

EmailPrintOpen Extended ReactionsBALTIMORE -- The Baltimore Orioles began Sunday with right-hander C...

Padres' Arraez exits on stretcher after collision

Padres' Arraez exits on stretcher after collision

EmailPrintHOUSTON -- San Diego Padres designated hitter Luis Arraez was carted off after colliding w...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated