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Confirmed with Link: RIP NHL Lockout (September 15th 2012 - January 12th 2013)

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DutchShamrock said:
May have been lost in the shuffle: what is the exact rules on the hometown contract? I saw a year qualification but how does it impact nba type sign and trades?
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7 years for signing UFAs, 8 years when re-signing your own players. Unless I missed it, sign and trades will still not be allowed.
 
broadwayblue said:
7 years for signing UFAs, 8 years when re-signing your own players. Unless I missed it, sign and trades will still not be allowed.
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I could be wrong, but I don't think there was any language preventing sign and trades before. I thought it was just the fact that there was no difference between signing your own guy vs signing someone else's, so there wasn't any point.

Also, term limits apply to all post-ELC contracts, not just UFAs.
 
Callys Chicken Parm said:
Think about it. Who the hell is gonna be signing and trading 8 year contracts?
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The thought would be that player X (superstar) is leaving his current team regardless of the deal they can offer him. So rather than letting him walk as a UFA for nothing and signing a 7 year deal with a new team, he signs the allowable 8 year deal with his current team, who then deals him to his desired destination for some package of players, picks and/or prospects. The question is whether this is allowed in the new CBA.
 
broadwayblue said:
The thought would be that player X (superstar) is leaving his current team regardless of the deal they can offer him. So rather than letting him walk as a UFA for nothing and signing a 7 year deal with a new team, he signs the allowable 8 year deal with his current team, who then deals him to his desired destination for some package of players, picks and/or prospects. The question is whether this is allowed in the new CBA.
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Exactly. Superstars. Do you know how rare that scenario is? How many players in this league get signed to 7/8 year deals?
 
Sign and trades work in the NBA because if teams are capped out. A team can sign and trade the player by matching up the money. The NBA has a soft cap. The player agrees to the sign and trade because he gets an extra year. The acquiring team makes the trade because they don't have the cap space to sign the player with matching up the dollars. The trading team can't sign the player and they get something for him.
 
Callys Chicken Parm said:
1 or 2 every year? There are only about 5-7 superstars in the league. Most are locked up. This scenario is not occurring frequently, AT ALL.
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Just this year alone there would have been 2 examples where this could have come into play (Parise/Weber.) It's a small number of players for sure, but would still be nearly an annual occurrence.
 
broadwayblue said:
Right, forgot about him. That further supports my point that it happens with regularity.
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However, this was in the old CBA. The new CBA has a max variance. Teams will be much more hesitant when it comes to handing out big contracts now that they can't front-load them.
 
Callys Chicken Parm said:
However, this was in the old CBA. The new CBA has a max variance. Teams will be much more hesitant when it comes to handing out big contracts now that they can't front-load them.
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Maybe you're right and maybe you aren't, but I don't think Sather gives Richards a contract with the kind of variance he got without the looming lockout. The reason those deals were so crazily varied is that the signing bonuses were extremely high as lockout insurance. I think Richards, Parise, Suter and Weber still all get 7 or 8 year deals if the contract limits had already been put in place.
 
Callys Chicken Parm said:
However, this was in the old CBA. The new CBA has a max variance. Teams will be much more hesitant when it comes to handing out big contracts now that they can't front-load them.
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The max variance is of much less significance when you can only sign a player for 7 or 8 years. With the contract term limits there won't be many players approaching 40+ years going forward, who you want to only pay 1M or less in the final year or two. Most of the new deals on 26/27/28 year old UFAs will now bring them only to about age 35...so owners don't have nearly as much to worry about in the later years of the deal. That said, the max variance is still 50% of the highest year...so you could still see contracts like 8/8/7/7/6/6/5/4.
 
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