PedroSpecialK said:Interesting, guess this increases the probability of one more chance for Caron. At his age I wouldn't mind one bit, despite his lack of wheels.
To speak to LD's point, I think Bobrovsky/DiPietro/Luongo are cases in point that you don't want to go beyond 4-5 years for a goalie, regardless of their ability. There's just way too much risk involved.
Per the CBA, the buyout period for compliance buyouts is the same as regular buyouts, and takes place from the later of June 15 or 48 hours after the SCF (i.e. tonight) through June 30 at 5 PM EST.kenneycb said:Is there a deadline for amnesty buyouts, as in something more definitive than before the season starts, or could they change course depending on how things play out?
And just as quickly as it's suggested, this potential loophole has been closed.PedroSpecialK said:Ah good find, that makes sense - perhaps they can find a taker to buy him out and sweeten the pot with a draft pick before re-signing him.
The NHL on Monday moved to close a loophole left in the allegedly airtight collective bargaining agreement by notifying general managers the league would deem re-signing a player following a trade and a subsequent amnesty buyout as circumvention, and thus would not register the contract, The Post has learned.
It is believed the Lightning and Maple Leafs had discussed such a maneuver regarding Vincent Lecavalier, who has seven years and $45 million remaining on his contract, with the buyout thus worth slightly more than $30 million.
The amnesty buyout period begins Wednesday night at 11:00, and lasts through July 4, one day before the opening of this year’s free agent market.
The clubs theoretically would have concocted a swap in which Tampa Bay would have sent an asset — perhaps a draft pick — to rolling-in-dough Toronto along with Lecavalier, who would have re-signed a more modest deal with the Lightning after being bought out by the Leafs.
After adjustment for the revenue growth factor, the Payroll Range shall be constructed by
adding to the Adjusted Midpoint an amount equal to fifteen (15) percent of the Adjusted
Midpoint (i.e., multiplying the Adjusted Midpoint by one-hundred fifteen (115) percent)
to establish the Upper Limit, and subtracting from the Adjusted Midpoint an amount
equal to fifteen (15) percent of the Adjusted Midpoint (i.e., multiplying the Adjusted
Midpoint by eighty five (85) percent) to establish the Lower Limit. Notwithstanding the
foregoing, (i) the magnitude of the Team Payroll Range shall never be less than $16
million (i.e., +/- $8 million of the Adjusted Midpoint) or greater than $28 million (i.e., +/-
$14 million of the Adjusted Midpoint) and (ii) the Upper Limit shall never be less than
$64.3 million (notwithstanding Preliminary HRR for the prior League Year), provided,
however, that should the calculations described above produce an Upper Limit below
$64.3 million, the Midpoint and the Lower Limit for that League Year shall be set in
accordance with those calculations (without regard to the resulting magnitude of the
(ii) Notwithstanding paragraph (b)(i) above and (b)(iv) below, in the 2012-13
League Year, the Lower Limit of the Range shall be $44 million, the
Midpoint of the Range shall be $52 million, and the Upper Limit of the
Range shall be $60 million. Also notwithstanding paragraph (b)(i) above 59
ARTICLE 50 50.5-50.5
and (b)(iv) below, in the 2013-14 League Year, the Lower Limit of the
Range shall be $44 million, the Midpoint of the Range shall be $54.15
million, and the Upper Limit of the Range shall be $64.3 million.
FL4WL3SS said:With the Bergeron and Rask extensions, the Bruins are over the cap. They'll put Savard on LTIR, but what else will Chia do to get the cap down?
Illustration #4: The Upper Limit in a League Year is $70.0 million. A
Player who has an SPC with an Averaged Amount of $2.0 million
becomes unfit to play on the last day of Training Camp, and on the same
day, his Club exercises the Bona-Fide Long-Term Injury/Illness Exception
on such Player. On Opening Day, the Club has an Averaged Club Salary
of $71.5 million (excluding Earnable Performance Bonuses up to the full
amount of the Performance Bonus Cushion). The Club is deemed to have
already fully replaced the unfit-to-play Player with any Player or Players
on the Opening Day Roster. If these replacements are maintained through
the conclusion of the season, the Club's Averaged Club Salary is $71.5
million, as the Club is permitted to exceed the Upper Limit by $1.5
million because of the Bona-Fide Long-Term Injury/Illness Exception.
The maximum amount payable for any single category of Individual "A" Bonuses
identified below is $212,500 per season. (For example, an Entry Level SPC may not
contain bonuses of $212,500 for 20 goals and an additional $212,500 for 30 goals,
provided, however, it may contain a bonus of $100,000 for 20 goals and $112,500 for 30
goals). An Entry Level SPC may contain any number of Individual "A" Bonuses;
however, a Player may not receive more than $850,000 in total aggregate Individual "A"
Bonuses per season. Individual "A" Bonuses are payable by the Clubs (as opposed to the
The maximum aggregate amount that a Club can pay a Player (in addition to any amounts paid by the League to such Player) on behalf of a Player's Individual
"B" Bonuses is $2 million per season
(i) Ice time (aggregate and/or per Game). Player must be among top four (4)
defensemen on the Club (minimum 42 Regular Season Games played by
Player and comparison group). (Note: an Entry Level SPC may contain
bonuses for both aggregate and per Game ice time; however, the
maximum aggregate amount the Player may receive on account of the ice
time category is $212,500.)
(ii) Goals: 10 Goal Minimum
(iii) Assists: 25 Assist Minimum
(iv) Points: 40 Point Minimum
(v) Points Per Game: .49 Points Per Game Minimum (minimum 42 Regular
Season Games played)
(vi) Plus-Minus Rating: Among top three (3) defensemen on the Club
(minimum 42 Regular Season Games played by Player and comparison
(vii) Blocked Shots: Among top two (2) defensemen on the Club (minimum
42 Regular Season Games played by Player and comparison group).
(viii) End-of-Season NHL All-Rookie Team
(ix) NHL All-Star Game (selected to play or plays)
(x) NHL All-Star Game MVP
A defenseman who finishes among the top ten (10) defensemen in the League in goals, assists, points, points per Game (Minimum 42 Regular Season Games played by Player and comparison group) or ice time among defensemen (aggregate and/or per Game. Minimum 42 Regular Season Games played by Player and comparison group)
j44thor said:Actually any ELC bonuses (Hamilton/Krug) can be carried over to next season as an "overage" penalty as well.
The Flyers have a 182K overage this season due to Coutourier and Braydon Schenn.
For this reason I believe only the base salary is factored into the cap hit once the season starts. I'm not sure how they are factored for the 10% off-season hit. This should adjust Krug's hit to 850K and Hamilton to $737,500 for the upcoming season with the remaining $$ falling into the bonus territory.
AMcGhie said:Yeah, the Bruins had one in 2010 because of Marchand/Seguin's bonuses as well. All the bonuses get counted at the end of the season. Iginla's is the largest, and also most reachable, but the overage calculation is the sum of all three, not just Iginla's. But for Cap #'s, Dougie's and Krug's count, but Iginla's don't in-season as I understand it.
And now... it's likely going DOWNFelixMantilla said:
A major loss on the Canadian TV deal for 2014-2015 will have an impact on the salary cap, currently $69-million (U.S.) per team this season. The cap is based on the league’s total hockey-related revenue (HRR), so it’s difficult to estimate the specific effect of the Rogers deal, but based on the league’s own calculations, it could result in a $1.3-million (U.S.) drop per team in the cap for next season.
How do they protect themselves move all the franchises out of Canada? Seems silly to blame the nhl for something they have zero control over.veritas said:
Yeah, but that they didn't protect themselves from this sort of situation is evidence of their incompetence.