Confirmed Signing with Link: [ARI] Coyotes re-sign Shane Doan (1 year)

[sxvnert]

Signing bonuses are paid upfront, performance bonuses are paid at years end (July 1st).

 

[Shakey Rustie]

Well veteran leadership is good

They already have Pronger and Datsyuk, how much more do they need?

 

[rt]

Signing bonuses are paid upfront, performance bonuses are paid at years end (July 1st).

Sounds like this is just standard then. Thanks.

 

[Philly85*]

I can't even hate. That kind of loyalty is almost completely unheard of in the modern era, so props to him.

 

[mouser]

deferred bonuses? Is that allowed? What's their reasoning for that?

Wouldn't deferring bonuses be circumventing the cap?

Contracts can include deferred bonuses to be paid in future years. The cap hit is applied in the year the bonus is earned, not when it is paid. So there is no circumvention concern.

 

[Mad Brills*]

Any chance he waives at the deadline if he knows this is his last season?

 

[Wolfpuck]

The legend continues...

Great for him and the Yotes!

 

[Beer League Sniper]

Contracts can include deferred bonuses to be paid in future years. The cap hit is applied in the year the bonus is earned, not when it is paid. So there is no circumvention concern.

Exactly. This move is just to save ARI more real money this season.

 

[Neutral Hockey Fan]

Too much term

 

[VanIslander]

28 goals and 100+ hits in the season ending in 2016.

What team has a Bottom-6 core that couldn't use Doan this coming year?

SLAM. Dunk.

 

[AvsGuy]

It's interesting that he developed into such a substantial scorer - his first few seasons in the league were not all that great.

 

[Skinnyjimmy08]

Awesome signing.. I hope he never retires. Cheap contract for a guy that scored more goals last year than guys like...

Malkin
Kessel
Wheeler
Oshie
Hall
Parise
Kopitar
Giroux
Mackinnon
Landeskog

I'll stop listing them cause there are still alot more to list off and i dont want my post too long haha

 

[Roy Baby*]

Awesome signing.. I hope he never retires. Cheap contract for a guy that scored more goals last year than guys like...

Malkin
Kessel
Wheeler
Oshie
Hall
Parise
Kopitar
Giroux
Mackinnon
Landeskog

I'll stop listing them cause there are still alot more to list off and i dont want my post too long haha

right on man


Doan >>>>>>>>>

 

[izzy]

Had his best goal scoring pace at 39 years old

Lets see what 40 brings

 

[FLYLine27*]

How much?

 

[hototogisu]

How much?

Heard it's "around" $5M AAV but I haven't seen an official number yet.

 

[Pinkfloyd]

Heard it's "around" $5M AAV but I haven't seen an official number yet.

Capfriendly is showing it to be a 2.5 mil salary with a 500k signing bonus with performance bonuses pushing it to a 5 mil AAV.

 

[Hire Sather]

Family man I guess. Just doesn't care about winning at all, really don't understand why he wants to toil on a crap team every year. His choice and his right. Good man.

 

[Quid Pro Clowe]

It's interesting that he developed into such a substantial scorer - his first few seasons in the league were not all that great.

He was a kid playing in a man's league at that time.

 

[Woll Smoth]

I'm amazed at how healthy he's managed to stay throughout his career.

 

[kdb209]

Wouldn't deferring bonuses be circumventing the cap?

No - Deferred Salary and Deferred Bonuses are permitted under the CBA.

They count against the Cap in the year in which they are earned during the SPC, but are actually paid on a scheduled date after the end of that SPC.

(ii) Deferred Salary;

(A) "Deferred Salary" means any Paragraph 1 NHL Salary that is
earned during the term of an SPC during which the services
attributable to that Paragraph 1 NHL Salary are performed, but is
not paid until after the expiration of such SPC. By definition,
Deferred Salary that is earned during the term of such an SPC may
not be paid until after the expiration of such SPC. Player Salary
denominated as "Deferred" but payable within the term of the SPC
shall be counted in the League Year in which the Player Salary is
paid and shall not be treated as Deferred Salary. For purposes of
calculating a Club's Upper Limit and Lower Limit, as well as the
Players' Share, Deferred Salary shall be counted as Player Salary in
the League Year in which the Player performs the services for
which it is earned, at the Deferred Salary's present value at 1-Year
LIBOR plus one and one-quarter (1.25) percent at the time the SPC
is registered (unless the Deferred Salary is to be paid with interest,
in which case it shall be counted in the League Year in which the
Player performs the services for which it is earned, at the Deferred
Salary's stated cash amount). Other than Deferred Salary or
Deferred Bonuses as set forth below, any other compensation must
be paid in the year that it is earned.

...


(A) For these purposes, "Deferred Bonuses" means any Bonuses that
are earned during the term of an SPC during which the services
attributable to those Bonuses are performed, but are not paid until
after the expiration of such SPC. By definition, Deferred Bonuses
that are earned during the term of an SPC may not be paid until
after the expiration of such SPC. For purposes of calculating a
Club's Upper Limit and Lower Limit, as well as the Players' Share,
Deferred Bonuses shall be counted as Bonuses in the League Year
in which the Player performs the services for which they are
earned, at their present value at 1-Year LIBOR plus one and onequarter
(1.25) percent of the Deferred Bonuses (unless the
Deferred Bonuses are to be paid with interest, in which case they
shall be counted in the League Year in which the Player performs
the services for which they can be earned, at the stated cash
amount of the Deferred Bonuses). Bonuses denominated as
"Deferred" but payable within the term of the SPC shall not be
permitted.

 

[mouser]

No - Deferred Salary and Deferred Bonuses are permitted under the CBA.

They count against the Cap in the year in which they are earned during the SPC, but are actually paid on a scheduled date after the end of that SPC.

Now the fun question is how that intersects with escrow and HRR %.

 

[Slush]

There's no way he would leave the Coyotes. He also wants to keep on going and has the talent to do so.

 

[Paradise*]

My dislike for him is limitless. I'm glad he'll never win a cup.

Just retire already.

 

[Skinnyjimmy08]

My dislike for him is limitless. I'm glad he'll never win a cup.

Just retire already.

haha how does anyone hate him???? that's like despising a puppy