The price of doing business just went up. I don't think it matters if the crop of available coaches is any good.I dont see how thats the case. The supply of promising but inexperienced NHL coaches isnt going to go away and the number of teams in need that are willing to drastically overspend for a coach has plummeted.
This doesn't move the needle. Look at the NBA if you need to know why. The highest paid coach makes 9 million dollars more than the lowest - and there are several at that level.