The Washington Capitals will reportedly purchase the salary-cap site CapFriendly, according to Sportsnet’s Elliotte Friedman. Operating since 2016, CapFriendly shares information on NHL contracts and the salary cap and has been used by fans, teams, and media alike.
Friedman reports that both sides of the deal plan to keep the site up through the 2024 NHL Draft and the beginning of free agency, but it will no longer be publicly available upon sale closure in July.
Among other resources, CapFriendly’s tools offer data on individual players’ salaries, contract terms, and rights under the CBA, as well as teams’ total cap hits. The site also provides explainers of CBA provisions including LTIR, entry-level contracts, free agency, and more. CapFriendly owner and co-director Dominik Zrim has previously served as Director of Salary Cap Management and CBA Compliance for the San Jose Sharks and Manager of Hockey Strategy for the Chicago Blackhawks.
Per Friedman, other teams that use CapFriendly’s services have been informed that their contracts will be terminated. CapFriendly also runs the NBA cap site SalarySwish, whose fate remains unknown after the sale to the Capitals.
The Capitals have not responded to a request to comment on the purported deal.