Kirkpatrick
Registered User
Prior to the lockout, Burke supporters claimed that the Kovalchuk-esque cap circumventing contracts would be punished in the new cba.
Leaf fan realists pointed out that it wouldn't make much sense for Bettman to punish and anger his bosses and that there probably wouldn't be any punishments.
I honestly don't know how this turned out.
I imagine that the leaf fan realists were probably right (because they usually are) but don't know for sure. If I am wrong, I will humbly admit it.
Anyone know?
https://twitter.com/mirtle/status/288314425461575681
"Can 100% confirm the new CBA will include the cap benefit recapture formula. It will apply to existing deals "in excess of six years."
Mirtle's old piece on the proposed formula.
Basically, when a player retires with term left on his 6+ year contract, the team is charged a cap hit for those years equal to the amount of cap space they saved during the contract.
His example was Parise/Suter, if one retired three years early, the Wild would have saved $18.6M over the course of the contract, so they would get a $6.2M cap hit for the next three years. There was also a proposal that the recapture would be spread over twice the remaining length (so $3.1M over six years), but it seems like it was the former option.
Those were the details from the December proposal, we'll have to see how exactly it's set up for the CBA.