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Lecavalier

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He has a NMC so would have to be protected in expansion (unless it got voided during the trade)...for that reason I want him to retire.
 
I wouldn't mind 30 games of Vinny, take a (very) long summer then jump into the line-up late January-February. But I'd be extremely skeptical of his ability to hold up for a full 82 games + playoffs and doubt he returns for that reason.
 
Rosen has mentioned a few times that he's done, just basically haven't filed the paperwork. I wouldn't think about it too much. At this point it would be beyond an utter shock if he announced he was playing it out.
 
Lecavalier has a $500,000 bonus due on July 2nd, 2016. I'd imagine he'll wait for the bonus to retire.

I believe the Flyers and Kings will each have $250,000 on their cap for next season if he does indeed collect the bonus.
 
Winston Wolf said:
Lecavalier has a $500,000 bonus due on July 2nd, 2016. I'd imagine he'll wait for the bonus to retire.

I believe the Flyers and Kings will each have $250,000 on their cap for next season if he does indeed collect the bonus.
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Yes they would both be on the hook for half.
That is an interesting one.
Not sure that is exactly covered in the CBA.
I know I don't remember reading about what would happen if a player retires after a date that they were due a signing bonus in that year.
But my guess is that is exactly what would happen.
 
Yeah, he is retiring, though it is a shame. He is a great third line center and was solid for us.
 
tsanuri said:
Yes they would both be on the hook for half.
That is an interesting one.
Not sure that is exactly covered in the CBA.
I know I don't remember reading about what would happen if a player retires after a date that they were due a signing bonus in that year.
But my guess is that is exactly what would happen.
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Signing bonuses like that do not count against the cap. Once he retires, he's off the cap for the 16-17 season.
 
Belanger25 said:
Signing bonuses like that do not count against the cap. Once he retires, he's off the cap for the 16-17 season.
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Signing bonuses do count against the cap. Pg 249
(c)
"Actual Club Salary."
"Actual Club Salary" shall mean the entire aggregate
amount committed by each Club in a League Year, annualized, but calculated daily, to be paid or
earned as Player Salaries and Bonuses in that League Year (and which is intended to include any
and all other commitments to Players as set forth below), with such Player Salaries and Bonuses
calculated in accordance with this Section 50.2(c). Actual Club Salary does not include Benefits.
Actual Club Salary is utilized to calculate the League-wide Player Compensation, as contrasted
with Averaged Club Salary, set forth in Section 50.5(d)(i) below, which is utilized to determine a
Club's Payroll Room. For purposes of calculating League-wide Player Compensation for a given
League Year, as set forth in the Final HRR Report, the Actual Club Salary shall include the
Players' Salaries and Bonuses and any other amounts of money paid by the Clubs (except that
Deferred Salaries and Deferred Bonuses are included in Actual Club Salary in the League Year
when earned, not when paid), including any amounts deposited into the Escrow Account.
Click to expand...
 
tsanuri said:
Signing bonuses do count against the cap. Pg 249
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It still does not count against the Kings salary cap, regardless. The signing bonus is considered part of the contract(at his age) and in the end the salary cap hit is 4.5 million in total which is the aav of the deal. Of which that's broken up over the 186 days of the regular season. It is not a performance bonus or a Rookie contract with type A and B bonuses, which lead to cap overages(see Iginla/Jagr and Artem Panarin).

Once Lecavalier retires his contract is off the books because the cap doesn't calculate on when the player gets paid. Right now, until he's retired he counts 2.25m on the cap(Of which the Kings are allowed a 10% overage during the off season, which effectively makes the cap around 78m). When he fills out the retirement paper work it's gone.
 
Last edited:
Belanger25 said:
It still does not count against the Kings salary cap, regardless. The signing bonus is considered part of the contract(at his age) and in the end the salary cap hit is 4.5 million in total which is the aav of the deal. Of which that's broken up over the 186 days of the regular season. It is not a performance bonus or a Rookie contract with type A and B bonuses, which lead to cap overages(see Iginla/Jagr and Artem Panarin).

Once Lecavalier retires his contract is off the books because the cap doesn't calculate on when the player gets paid. Right now, until he's retired he counts 2.25m on the cap(Of which the Kings are allowed a 10% overage during the off season, which effectively makes the cap around 78m). When he fills out the retirement paper work it's gone.
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I think this paragraph in the CBA was designed to fix that:

Signing bonuses paid to Major League Players
To determine the Actual Club Salary at the end of the League Year, Signing bonuses paid to Players on 1-way SPC must be charged to Actual Club Salary when paid, and not amortized over the term of the Player's SPC, as is the case when calculating "Averaged Club Salary" (except for any deferred Signing bonus which should be accounted pursuant to Section A(ii)(d) below). Signing bonuses paid to Players on a 2-way SPC should be included in your Club's Actual Club Salary for such Player based on NHL Roster days, calculated daily. Again, this accounting treatment may differ from Generally Accepted Accounting Principles used for financial reporting purposes
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If I'm reading this correctly I believe the signing bonus on any player on a 2 way deal would only effect the cap based on the amount of days during the season they were on the NHL team, but a 1 way deal (Lecavalier) would count in its entirety.
 
what? no thank you to the Flyers? :laugh:

Best of luck to Vinnie. Class act and made a real nice contribution to last year's team.
 
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