TSN: Stamkos meeting with leafs, Toronto mayor, and CEO of Canadian tire

[Team Cozens]

The Smart ones do

Smart ones want Tavares... dumb ones want Stamkos!

 

[VanTampaFan]

*to be paid with Canadian Tire money

 

[shakes]

You know its cap circumvention when the mayor of the city and a CEO of another company is present at a contract meating I have no problem with it but either you follow the rules or you get rid of them. NHL is a joke, says enough when Arizona has a guy working for the league on their roster counting against the cap and beeing paid by them.

This isn't a contract meeting. They can't discuss money during this period

 

[uncleben]

Didn't he lose a 1st round draft pick before??? Repeat offender....

OT, but that was BS though. I've ranted here before but NJ should NOT have been punished for Kovalchuk's contract.
It was legal by the CBA, and while it was an over the top contract, other teams had made similar and were approved. Also, there is a contract vetting process with the League for a reason. All they needed to do was say "no, we do not approve of that contract" and make NJ start over.
Saying "no" and then punishing them so severely for attempting to sign the contract is unnecessary and stupid. Contracts should be subject to League approval, not approval and penalization.

 

[Runner77]

Looking good for leafs

How do you beat that for a welcoming party.

Compare to the Habs who flew out to Toronto and included Michel Therrien as part of their pitch.

 

[LastWordArmy]

It's sketchy as hell, and if big market clubs make a habit of coordinating FA signings with outside sponsors (and doing so so publicly), there'll be some pissed off small market owners and some clear language against this in the next CBA. Although the language is already pretty clear:

However, nothing in this Section 26.3(e) is intended to prohibit a Player
from entering into a sponsorship, endorsement or other commercial
arrangement with a local sponsor or entity with which his Club does
business but which is not a Club Affiliated Entity, in which the Player
receives something of value, provided the thing of value received is
commensurate with (i.e., not clearly in excess of) the fair market value of
the services rendered by the Player on behalf of the sponsor or entity.
With respect to any sponsorship or endorsement arrangement between a
Player and a national sponsor, any thing of value provided to a Player
under such arrangement shall be presumptively acceptable (i.e., such thing
of value need not meet the "fair market value" test set forth in the
preceding sentence), provided that such arrangement was not made at the
behest of the Player's Club or any other Club Actor. However, the NHL
shall have the right to challenge before the System Arbitrator, through an
expedited arbitration proceeding pursuant to the third sentence of Section
26.13(a) below, the bona fides of any such national sponsorship or
endorsement arrangement on the grounds that it was actually provided for
the benefit of a particular Club.

Boom.....

 

[LEAFANFORLIFE23]

Just like anyone else it's always a question of term.

Well the most he can get is 7 years as of July 1 he s 26 now do that's not to bad.

 

[WesMcCauley]

Teams in Florida and other States have the advantage of low tax rates for players. Canadian teams and teams in highly taxed states (like the Rangers) need to be able to do something to offset that advantage.

Ye they should but not when the rules says you cant. Change the rules, until then teams have to follow them. NHL is a joke

 

[LEAFANFORLIFE23]

Smart ones want Tavares... dumb ones want Stamkos!

Smart ones want both

 

[MXD]

Canadian Tire, proud sponsors of the Ottawa Senators, actually offers Steven Stamkos some on-the-side money so he could... be on their rival's roster.

What the actual ....?!?!

 

[DFC]

You know its cap circumvention when the mayor of the city and a CEO of another company is present at a contract meating I have no problem with it but either you follow the rules or you get rid of them. NHL is a joke, says enough when Arizona has a guy working for the league on their roster counting against the cap and beeing paid by them.

I have no problem with the mayor being there. The Canadian Tire CEO is shady as hell though. The league should probably do something about that. Otherwise, with a little time, there's going to be no point to having a salary cap. Pretty clear circumvention.

 

[Eric Sachs]

No there isn't. This isn't a payment from MLSE.

(ii) However, nothing in this Section 26.3(e) is intended to prohibit a Player from entering into a sponsorship, endorsement or other commercial arrangement with a local sponsor or entity with which his Club does business but which is not a Club Affiliated Entity, in which the Player receives something of value, provided the thing of value received is commensurate with (i.e., not clearly in excess of) the fair market value of the services rendered by the Player on behalf of the sponsor or entity. With respect to any sponsorship or endorsement arrangement between a Player and a national sponsor, any thing of value provided to a Player under such arrangement shall be presumptively acceptable (i.e., such thing of value need not meet the "fair market value" test set forth in the preceding sentence), provided that such arrangement was not made at the behest of the Player's Club or any other Club Actor. However, the NHL shall have the right to challenge before the System Arbitrator, through an expedited arbitration proceeding pursuant to the third sentence of Section 26.13(a) below, the bona fides of any such national sponsorship or endorsement arrangement on the grounds that it was actually provided for the benefit of a particular Club.

that's just one such example. the CBA isn't stupid. they ****ing know that arranging sponsorships can evade the cap and its the basis of the cap circumvention article in the CBA.

 

[BadgerBruce]

Delete post.

 

[last_sd]

You know its cap circumvention when the mayor of the city and a CEO of another company is present at a contract meating I have no problem with it but either you follow the rules or you get rid of them. NHL is a joke, says enough when Arizona has a guy working for the league on their roster counting against the cap and beeing paid by them.

Technically, it is not a contract meeting. You can't discuss the actual contract until July 1st. Now I'm sure all the teams do it behind the closed doors.

It's not much different than if DET brought their owner to the meeting. Who happens to also own a lot of different business.

 

[81Leafs50]

Cap circumvention, have at it!

With all the bad contracts that have been signed with Parise, Suter, Kovalchuk, Hossa, etc I don't give two ****s!

Florida has zero income tax, Ontario has 53%.

Teams are still trading Pronger and Savards contracts around so go suck on sour grapes somewhere else.

It's about time MLSE management got smart and found a way even up the odds!!!

 

[colchar]

Side note: How the **** would Steve Simmons know? I doubt he can even dress himself in the morning without help.

The hot dog guy outside the MLSE offices told him.

 

[Reddwit]

If Detroit meets with Stamkos, I hear representatives of Little Caesar's Pizza and Olympia Entertainment will be present.

 

[Taytro]

*to be paid with Canadian Tire money

I'd take it. You can get pretty much anything there anyway.

 

[WesMcCauley]

This isn't a contract meeting. They can't discuss money during this period

Sure, they are discussing the weather.... Cant discuss money but still some contracts are signed early July 1st. Makes sense.

 

[Canadian Game]

Very smart move by the Leafs to bring in the CT CEO.

haha. Here, sign for 9M a year and Canadian Tire will sponsor you for 3 additional million a year.

Side note: How the **** would Steve Simmons know? I doubt he can even dress himself in the morning without help.

Saw them walk by the hotdog cart

 

[Eric Sachs]

Nobody messes with Lou.

Aside from him being one of the only GMs in recent history to be penalized for cap circumvention, yea.. you're right.

 

[LastWordArmy]

That was BS though. I've ranted here before but NJ should NOT have been punished for Kovalchuk's contract.
It was legal by the CBA, and while it was an over the top contract, other teams had made similar and were approved. Also, there is a contract vetting process with the League for a reason. All they needed to do was say "no, we do not approve of that contract" and make NJ start over.
Saying "no" and then punishing them so severely for attempting to sign the contract is unnecessary and stupid. Contracts should be subject to League approval, not approval and penalization.

They were punished for the 17 year contract that never got approved... the one that the devils took the NHL to an arbitrator for, and the arbitrator ruled it was cap circumvention and voided the deal.

They were not punished for th 15 year deal that got approved.

So there goes that argument. The league did say "not a good contract, start over"... the devils said "Screw you we think its good and are taking it to an arbitrator"... the arbitrator said the NHL is right. Essentially the Devils were punished because they were told by the NHL this wouldnt be approved and still fought to try and do it.

 

[N o o d l e s]

Lmao what a bunch of ********

 

[Omni Owl]

This whole thing is cringe worthy.

 

[Habsawce]

The hot dog guy outside the MLSE offices told him.

And Kessel told him.