Full text of NHL/NHLPA MOU for new 2020 CBA - analysis and discussion

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uncleben

Global Moderator
Dec 4, 2008
14,693
9,539
Acton, Ontario
Additional details on Gaudreau:

- As noted earlier it's possible Gaudreau's contract may be fully guaranteed during his cycling, TBD.
- $1m life insurance policy, per the CBA
- If the contract is not fully guaranteed he should still receive:
-- His 2024-25 salary of $7.75m is covered by insurance, per the CBA.
-- $10m in signing bonuses, $2m in each of the remaining 5 seasons on the contract.

If the contract isn't guaranteed and the signing bonuses are still due then they should hit the cap each season for Columbus. The 2024-25 salary would not count against the cap as it is covered by an insurance policy rather than paid directly by the team.

It's also possible that Guadreau took out additional contract and/or life insurance beyond that minimums provided in the CBA.
Should Toronto technically have been hit with Amirov's signing bonus this past season, then? I don't remember any cap site including that
Is that still dependent on it being "hockey related" incident?
 

mouser

Business of Hockey
Jul 13, 2006
29,515
12,992
South Mountain
Should Toronto technically have been hit with Amirov's signing bonus this past season, then? I don't remember any cap site including that
Is that still dependent on it being "hockey related" incident?

Amirov had zero NHL games. If he had been in the AHL or on SOIR there would have been no cap hit even if his signing bonus was paid.
 
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rsteen

Registered User
Oct 1, 2022
384
275
Additional details on Gaudreau:

- As noted earlier it's possible Gaudreau's contract may be fully guaranteed during his cycling, TBD.
- $1m life insurance policy, per the CBA
- If the contract is not fully guaranteed he should still receive:
-- His 2024-25 salary of $7.75m is covered by insurance, per the CBA.
-- $10m in signing bonuses, $2m in each of the remaining 5 seasons on the contract.

If the contract isn't guaranteed and the signing bonuses are still due then they should hit the cap each season for Columbus. The 2024-25 salary would not count against the cap as it is covered by an insurance policy rather than paid directly by the team.

It's also possible that Guadreau took out additional contract and/or life insurance beyond that minimums provided in the CBA.
Even if the signing bonuses are contractually due to JG's estate, the cap hit would surely be treated as LTIR (unless CBJ chose to count it to reach the cap floor like Arizona did to Weber's contract). Obviously Columbus can report that he didn't pass his physical.
 

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