tarheelhockey
Offside Review Specialist
but you are allowed to retain salary? isn't that in itself skirting the cap?
That's not defeating or circumventing the intent of the CBA.
but you are allowed to retain salary? isn't that in itself skirting the cap?
That's not defeating or circumventing the intent of the CBA.
Look at LA and Columbus their recent trades is the closet thing to one team helping another
maybe not to the same level as I talk about in the OP but if a team is supposed to have no more than X cap but they have a bunch being paid by other clubs on deals that include salary retention isn't it similar?
Wait as a whole its all good cuz what ever Team A is saving team B is paying against the cap so all the $$ is accounted for unlike the sit with the front loaded deals.
Put another way -- teams aren't allowed to do something which skirts the intention of the CBA. The intention of the CBA is to have salary retention as an option for making trades easier, but not to allow teams to use it as a loophole.
The circumvention section is basically a catch-all that provides authority to overrule any loophole. That's why the league was able to step in and put a stop to the frontloaded contracts, without having to negotiate a new CBA first.
That's exactly right, from a league-wide perspective it all balances out.
so I wonder where the line is? say if a team hold some cap to make a guy more appealing is OK but if a team hold cap so a player can fit under the acquiring teams cap I wonder at what amount of $$ being held the NHL will say no to much$$ actually is there a limit to the amount of yrs a team can hold salary? or is it half as in half the cap hit for the duration or half the cap hit for half the duration? and is it still half for massive 7 mil+ contracts?
Up to half the cap hit for the entire duration of the contract. No ceiling for an individual contract -- it's up to the two GMs to negotiate a number that works for both of them. As long as it's done in good faith within the system, there shouldn't be an issue with the league.
wow talk about a political situation. From what I read it was blocked by Stern the owner more than Stern the comish. Because it would have sent to much salary to the Hornets and made them harder to sell.
Can two different teams retain salary on the same player?
Yep, a single player can have his salary retained by two different teams. It's honestly not clear to me whether the 50% cap is in total or per transaction.
While this may theoretically open the door for abuse like you described in the rest of your post, there's always 26.3 hanging over the GMs if they try to manipulate the system. The league can just say "no" and that's that.
What if.
Toronto being a rich team wants gold ol Canadian Ontarion boy Stamkos. They are near the salary cap. So they say to Ottawa what if you sign Stamkos to a 14 million 7 year deal and pay 50% (7 million)
In a trade
For Morgan Reilly and 4 first rounders.
I'm confused, Stern was an owner and the commish or there are 2 Sterns?
Yep, a single player can have his salary retained by two different teams. It's honestly not clear to me whether the 50% cap is in total or per transaction.
While this may theoretically open the door for abuse like you described in the rest of your post, there's always 26.3 hanging over the GMs if they try to manipulate the system. The league can just say "no" and that's that.
I would be very interested to see something like that just to see A) how it works and B) If its allowed
Gotta wait on a Kovulchuk-level precedent setter on that I guess. Mixing salary retention and buy-outs too actually. You could really screw a team over if they're expecting 4 years of salary retention on a contract that ends up being a 7+ year buyout.
I don't think GMs would even try this. Risk getting screwed in 5 years when the other team (who maybe has a new GM at that point) doesn't honour the agreement, and risk alienating every other GM in the league who refuses to deal with you anymore.
The CBA language is pretty clear in allowing two teams to retain salary on a particular player (IMO anyway). It is not clear if the 50% applies to each transaction (so 75% in total for two, which is the max per contract). The way it is worded suggests to me that the 50% applies per transaction but the CBA is not clearly worded (IMO) and it is easiest to understand when examples are provided. Unfortunately, it does not give an example of this.
I would also like to know the answer to this Q. I was trying to figure out how that would work for a contract like Richards or Clarkson.