Confirmed with Link: PLD to the Kings for Iafallo, Vilardi, Kupari and a 2nd in 2024 (orig Mtl’s pick)

[Weezeric]

This probably explains the Jets cap issues. It’s a bit out of date but explains the concept

“Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV”) and bonuses for the team’s one-way contract players, any deferred bonuses applicable during the current season, any buyout amounts, any outstanding offer sheets, any qualifying offers, or any money earned from two-way players while those players are playing in the NHL.[1]

So, if a team wants to re-sign a player, the difference between the team’s Payroll Room and the cap ceiling must exceed the amount of the AAV of the player’s contract. For those who keep up with NHL Free Agency, this isn’t a hard concept: you have to have cap space for the player to acquire him.

But in the world of extensions, it gets a bit trickier. In order to sign a player to an extension, the team needs enough of that difference to be able to afford his AAV this season. However, if the team does not have enough cap space from this difference, then the team may pull from any available cap space received from the expiration of the AAVs of its other players’ contracts at the end of the season so long as the cap space received would accommodate the player’s AAV after re-signing after the space is added to the existing difference in cap space.”

Link

 

[raideralex99]

What Cap issues??
Kings have $13M cap and Jets have $8M after the trade.

 

[surixon]

This probably explains the Jets cap issues. It’s a bit out of date but explains the concept

“Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV”) and bonuses for the team’s one-way contract players, any deferred bonuses applicable during the current season, any buyout amounts, any outstanding offer sheets, any qualifying offers, or any money earned from two-way players while those players are playing in the NHL.[1]

So, if a team wants to re-sign a player, the difference between the team’s Payroll Room and the cap ceiling must exceed the amount of the AAV of the player’s contract. For those who keep up with NHL Free Agency, this isn’t a hard concept: you have to have cap space for the player to acquire him.

But in the world of extensions, it gets a bit trickier. In order to sign a player to an extension, the team needs enough of that difference to be able to afford his AAV this season. However, if the team does not have enough cap space from this difference, then the team may pull from any available cap space received from the expiration of the AAVs of its other players’ contracts at the end of the season so long as the cap space received would accommodate the player’s AAV after re-signing after the space is added to the existing difference in cap space.”

Link

That seems completely unnecessary

 

[Mathil8]

This probably explains the Jets cap issues. It’s a bit out of date but explains the concept

“Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV”) and bonuses for the team’s one-way contract players, any deferred bonuses applicable during the current season, any buyout amounts, any outstanding offer sheets, any qualifying offers, or any money earned from two-way players while those players are playing in the NHL.[1]

So, if a team wants to re-sign a player, the difference between the team’s Payroll Room and the cap ceiling must exceed the amount of the AAV of the player’s contract. For those who keep up with NHL Free Agency, this isn’t a hard concept: you have to have cap space for the player to acquire him.

But in the world of extensions, it gets a bit trickier. In order to sign a player to an extension, the team needs enough of that difference to be able to afford his AAV this season. However, if the team does not have enough cap space from this difference, then the team may pull from any available cap space received from the expiration of the AAVs of its other players’ contracts at the end of the season so long as the cap space received would accommodate the player’s AAV after re-signing after the space is added to the existing difference in cap space.”

Link

Easy solution, Wheeler buyout.

 

[Buffdog]

This probably explains the Jets cap issues. It’s a bit out of date but explains the concept

“Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV”) and bonuses for the team’s one-way contract players, any deferred bonuses applicable during the current season, any buyout amounts, any outstanding offer sheets, any qualifying offers, or any money earned from two-way players while those players are playing in the NHL.[1]

So, if a team wants to re-sign a player, the difference between the team’s Payroll Room and the cap ceiling must exceed the amount of the AAV of the player’s contract. For those who keep up with NHL Free Agency, this isn’t a hard concept: you have to have cap space for the player to acquire him.

But in the world of extensions, it gets a bit trickier. In order to sign a player to an extension, the team needs enough of that difference to be able to afford his AAV this season. However, if the team does not have enough cap space from this difference, then the team may pull from any available cap space received from the expiration of the AAVs of its other players’ contracts at the end of the season so long as the cap space received would accommodate the player’s AAV after re-signing after the space is added to the existing difference in cap space.”

Link

How does this jive with teams being allowed to be 10% over the cap during the offseason?

But thanks for digging that up

 

[DRW204]

This probably explains the Jets cap issues. It’s a bit out of date but explains the concept

“Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV”) and bonuses for the team’s one-way contract players, any deferred bonuses applicable during the current season, any buyout amounts, any outstanding offer sheets, any qualifying offers, or any money earned from two-way players while those players are playing in the NHL.[1]

So, if a team wants to re-sign a player, the difference between the team’s Payroll Room and the cap ceiling must exceed the amount of the AAV of the player’s contract. For those who keep up with NHL Free Agency, this isn’t a hard concept: you have to have cap space for the player to acquire him.

But in the world of extensions, it gets a bit trickier. In order to sign a player to an extension, the team needs enough of that difference to be able to afford his AAV this season. However, if the team does not have enough cap space from this difference, then the team may pull from any available cap space received from the expiration of the AAVs of its other players’ contracts at the end of the season so long as the cap space received would accommodate the player’s AAV after re-signing after the space is added to the existing difference in cap space.”

Link

OK so it's pretty clear what's happening.

 

[surixon]

So then que Wheeler for a Hayes type deal or a buyout.

 

[Weezeric]

How does this jive with teams being allowed to be 10% over the cap during the offseason?

But thanks for digging that up

I think technically the off-season doesn’t begin until July 1. Although I could wrong on that.

 

[Buffdog]

I think technically the off-season doesn’t begin until July 1. Although I could wrong on that.

And his extension wouldn't kick in until then too, no?

 

[gojetsgo]

 

[Been around]

Vilardi has some moves.

That's a sick f***ing goal...I love it

 

[Buffdog]

OK so it's pretty clear what's happening.

How aren't we compliant though?

IF I'm reading that correctly, we need 8M of cap space next year to sign PLD to his extension. According to capfriendly, we have 12+. Even factoring bonuses, etc we should be fine

 

[Joe Hallenback]

 

[DRW204]

 

[Weezeric]

How aren't we compliant though?

IF I'm reading that correctly, we need 8M of cap space next year to sign PLD to his extension. According to capfriendly, we have 12+. Even factoring bonuses, etc we should be fine

It’s not capspace that is the issue, it’s payroll room, which includes RFAs and such I think.

 

[Jetabre]

Everyone brace yourself

 

[Mathil8]

My body is ready.

Everyone brace yourself

 

[surixon]

So is this done then now that the contracts agreed to?

 

[Mathil8]

Looks like somebody is a quick shooter (wrt the thread prefix)

 

[surixon]

I'm still not seeing how the payroll thing is an issue here as well because technically could they not borrow from Dubois's expiring 6 million contract as well as a number of other contracts that expire.

 

[bustamente]

I would say the Jets are a better team after this trade, the pieces that they have picked have specific roles that will help this team going forward

 

[raideralex99]

That’s funny “payroll issue” but being $15m over the cap for the playoffs is okay.

 

[None]

I would say the Jets are a better team after this trade, the pieces that they have picked have specific roles that will help this team going forward

If we continue to deploy a lineup set in stone that consists of a top 6, 3rd line that scores like a 4th line, and 4th line that is vaguely an energy line I don't really imagine us improving.

 

[DRW204]

I would say the Jets are a better team after this trade, the pieces that they have picked have specific roles that will help this team going forward

On the surface it seems decent. Still awaiting final moving parts. But I'm reserving judgement till they actually play.

 

[snowkiddin]

Why? Because they were smart enough to not vastly overpay for a 60 pt. player?

Because of all the shit talking and babbling on about getting him for free; alas, many of us predicted as much that the response to the trade would shift to “we didn’t even want him in the first place!”