KINGS17
Smartest in the Room
- Apr 6, 2006
- 32,591
- 11,779
I thought this recapture penalty went to the team that actually signed him? If we trade him we are subject to it? If someone can clearify for me i would appreciate it
http://www.capgeek.com/faq/how-does-cap-advantage-recapture-work
The cap advantage recapture rule effectively forces teams to “pay back†any “cap advantage†they received from these contracts, should the player retire or defect from the NHL before his contract expires. If the player fulfills his contract in full, there are no cap advantage recapture penalties.
The 2013 CBA states that any long-term contract — defined as seven years or more — entered into on or before Sept. 15, 2012, is eligible for cap advantage recapture if a team received a “cap advantage†from it at the time the player retires or defects from the NHL.
The cold, hard details of the rule follow in this FAQ entry, but if that’s not your thing, check out CapGeek’s recapture grid for a quick look at the eligible players and their penalties, or use CapGeek’s recapture calculator to test out your own scenarios.
A “cap advantage†is accrued when the player’s actual salary exceeds his cap hit in a given year. A negative “cap advantage†is applied to that accrual in cases where the player’s cap hit exceeds actual salary in a given season, although it should be noted that teams do not receive a credit for net negative cap advantage.
At the time of retirement/defection, the net “cap advantage†will be “recaptured†— charged against the team’s cap in equal amounts each year until the contract expires. This applies to any team that received a net “cap advantage†from the contract — meaning trading the player won’t make the problem go away — except for teams that dealt the player on or prior to Sept. 15, 2012.
This means that Philadelphia is not responsible for the cap advantage they received with Mike Richards and Columbus is not responsible for the cap advantage they received with Jeff Carter.
I suppose that since the Kings have been enjoying the net "cap advantage" of Richards and Carter's contract, that any recapture penalties down the road would be on the Kings.