Salary Cap: 2012-13 Washington Capitals: Salary/Cap Hit/Contract Thread
(Brought to you by Langway & Sk84fun_dc)
- Players Under Contract - Players on NHL Roster - Part I
- Players Under Contract - Players not on NHL Roster - Part II
- Players Under Contract - Organizational Contract List - Part III and AHL Contracts
- Free Agents: UFAs & RFAs
- Unsigned Prospects & Draft Pick Information
- Key Dates
- FAQ and Sources
Note: This is a resource thread, not a speculation thread...so roster discussions would be better served for the off-season discussion threads.
The following is an ongoing, fairly conservative roster estimate based on players under contract for the 2012-13 season. Spots currently set to be up for grabs or unfilled have been left blank for the time being. Cap hits are shown, not salary.
The Caps currently have 49 players under NHL contract for the '12-13 season (not counting Wilson).
Cap total: $xxx */ 25 players
2012-2013 salary cap: $70.2M (bonus cushion???)
Cap space: xxx
* Cap total includes $233,333 Sloan buyout
The 2012-2013 off-season salary cap is set to ~$77.22M however, as with the current cap figure for next season, much uncertainty remains given the current CBA's expiration on 9/15/12.
There's a fair likelihood the eventual cap number will be smaller.
Other players under contract for '12-13 season (in alpha order, figures once again are cap hits):
+ Waiver-exempt to start the '12-13 season.
* '93 (or later)-born player drafted/signed out of the CHL; ineligible to play in the AHL until team's season (either at the NHL or CHL level) is over.
Organizational list of up to 50 players under contract for '12-13 season : (alphabetical by position)
Currently, Caps have 50 players under contract; not counting Wilson.
AHL Contracts with Hershey for the 2012-2013 Season:
Coaching Staff: Mark French and Troy Mann
G: Sergei Kostenko
D: Julien Brouillette, Patrick Wellar, Scott Wietecha
F: Barry Almeida, Alex Berry, Joel Champagne, David Civitarese, Jon DiSalvatore, Jon Kalinski, Boyd Kane (Captain), Matt Pope, TJ Syner, Jeff Taffe, David Vallorani
AHL vets per AHL rule:
F: DiSalvatore (H/vet), Kane (H/vet), Potulny(W/vet), Taffe (H/vet)
D: Stafford (W/vet), McNeill (W/tw vet)
Reading/ECHL contracts for the 2012-13 season
Head coach: Larry Courville
G: Drew MacIntyre
D: Garrett Clarke, Adam Comrie, Derrick LaPoint, Bryant Molle, Denny Urban, Brad Walch
F: Julien Cayer, Ethan Cox, Tyler Gron, Chris Langkow, Trevor Lewis, David Marshall, Ian O'Connor, Yannick Tifu, Jesse Todd
UFAs: 10 Played/dressed for at least one game for the 2011-12 Washington Capitals
Forwards: Aucoin (signed with TOR), Halpern (signed with NYR), King, Knuble (reported not returning), Rechlicz (signed with Phoenix), Semin (signed with CAR)
Defensemen: Collins, Wideman (rights traded)
Goalies: Sabourin (re-signed), Vokoun (rights traded)
Bourque (F) (rights traded), Greentree (F), Hanson (Group 6 UFA, F) (signed with Boston/Providence), Micflikier (F) (signed in Switzerland), Miskovic (D), Henry (D)
7 RFAs: All 7 Players Sent QOs before the deadline
Unsigned Draft Pick/ Prospects with links to hockeydb profiles
(Ages as of June 2012)
Other Draft Notes
10 2012 Picks
1 11 11 WSH Filip Forsberg C SWE 6' 1" 188 SWEDEN LEKSAND
1 16 16 WSH Thomas Wilson RW CAN 6' 3" 205 OHL PLYMOUTH
3 16 77 WSH Chandler Stephenson C LW CAN 5' 11" 190 WHL REGINA
4 9 100 WSH Thomas Di Pauli C USA 5' 11" 188 USHL USA U-18
4 16 107 WSH Austin Wuthrich RW USA 6' 1" 190 CCHA NOTRE DAME
5 16 137 WSH Connor Carrick D USA 5' 11" 185 USHL USA U-18
6 16 167 WSH Riley Barber RW USA 5' 11" 194 USHL USA U-18
7 14 195 WSH Christian Djoos D SWE 5' 11" 158 SWE-JR. BRYNAS JR.
7 16 197 WSH Jaynen Rissling D CAN 6' 4" 223 WHL CALGARY
7 22 203 WSH Sergei Kostenko G RUS 5' 11" 187 RUSSIA-JR. NOVOKUZNETSK 2
5th: Acquired from Calgary in exchange for the rights to Dennis Wideman
7th: Conditionally traded to Nashville if Caps sign Taylor Stefishen by June 1, 2012 now 2013 based on June 1 news) deadline
June 22-23: 2012 Entry Draft / Pittsburgh, PA
June 25: Deadline to qualify RFAs, 5pm eastern time
July 1: Noon Eastern time. Beginning of free agency
July 5: Deadline for player-elected arbitration
July 6: Deadline for team-elected arbitration
July 9 - 14: Development camp/Kettler Capitals Iceplex begins
July 15: Qualifying offers expire
July - August: Arbitration hearings/Toronto
August 15: Deadline to sign select draft picks that played NCAA hockey
September 15: Current CBA expires
September and October schedule dependent on new CBA
September xxx: Rookie camp opens and Training camp follows
September 20: Rookie scrimmage against the Flyers rookies, hosted this year by the Capitals source/Flyers release
September 25: First preseason game for Capitals; link to Caps preseason schedule
October 12: Capitals regular season opener at home vs NJD
The FAQ below pertains to the current CBA set to expire on 9/15/12. Revisions will be made as needed once a new CBA is established.
1) Off-Season Salary Cap
2) RFA Qualifying Offers & Arbitration
3) RFA Offer Sheet Compensation Information
5) NTCs and NMCs
6) Contract Extensions
1) Off-Season Salary Cap. What are the rules for cap compliance during the off-season? Teams are allowed to exceed the coming season's salary cap by up to 10% in the off-season (defined as from July 1 until the last day of training camp). Players included in the off-season cap tally include all players signed to one-way contracts; a proportional salary amount from players on two-way contracts based on their days on the NHL roster the previous season; all active QOs & offer sheets; and all buyout amounts and deferred bonuses for the upcoming season. So, for the summer of 2012, contracts that count towards the off-season number include all one way contracts plus the pro-rated contracts for all the Hershey call-ups still under contract.
2) QOs & Arbitration. How are qualifying offers calculated and how does arbitration work? Qualifying offer amounts depend on the salary in the expiring contract year as follows:
Arbitration rights (eligibility for player-elected arbitration) are determined based on the number of pro years and the players age upon signing their first contract.
It's important to note that the player's age when signing isn't their age when they actually sign the contract but their age on September 15th of the year in which the contract is signed. Pro in this instance means either the NHL or AHL, except for 18-19yo's in the AHL. Based on the CBA's wording, 18-19yo's must be in the NHL (and play 11 or more games) to be considered pro. For more on arbitration consult Article 12 of the CBA.
Based on a calculation, the arbitration hearing award walk-away point for summer 2012 should be approx. $1,753,000 (2011 it was $1,632,974.)
3) RFA Offer Sheet Compensation Information for Summer 2012:
$1,110,249 or below - No Compensation
Over $1,110,249 to $1,682,194 - 3rd round pick
Over $1,682,194 to $3,364,391 - 2nd round pick
Over $3,364,391 to $5,046,585 - 1st round pick, 3rd
Over $5,046,585 to $6,728,781 - 1st round pick, 2nd, 3rd
Over $6,728,781 To $8,410,976 - Two 1st Round Picks, 2nd, 3rd
Over $8,410,976 - Four 1st Round Picks
4) Waiver News?
The thresholds for skaters are as follows:[/I]
5) No Trade Clauses/No Movement Clauses
Ovechkin: Limited NTC starting in summer 2014; as described by GM during 2010 Caps Convention panel - Limited NTC, can designate 10 teams he will not accept a trade to and modify list each year before the season starts
Backstrom: Limited NTC starting in summer 2016 (per CapGeek) ""Modified NTC (no restrictions until July 1, 2016; for 2016-17 and beyond, can designate seven teams he will not accept a trade to no-trade list and modify that list each September beginning in 2017)"; confirmed by GM during 2010 Caps Convention panel
Laich: Limited NTC starting in summer 2011 for first four seasons of contract ending sometime after 2014-2015 season; supplies team with five teams he can't be traded to at the beginning of each of the four seasons
Ribeiro: per capgeek, 10 team no trade list NTC
6) Contract Extensions - Negotiating new contracts with players in organization
Players on the last year of a multi-year deal and players in last year of an ELC can enter into contract extensions starting July 1, 2012.
Players on one year contracts for the 2012-13 season can not have an official contract extension entered into before January 1, 2013.
$525,000 is the minimum salary for the 2012-13 season.
- Langway and Sk84fun_dc's number crunching and CBA jujitsu. (We're human, though, so take this as just a good faith effort at getting into the nitty gritty of contracts in the cap world. We'll keep adding and correcting information as it becomes available.)
Some additional sources/references:
- CapGeek for cap & buyout calculators
- A direct link (.pdf) to the NHL CBA (set to expire on 9/15/12)
- The NHLPA listing of Washington players on the NHL roster; may need to use drop down to select Washington. Note that the figures listed on the NHLPA site are salary figures.
- Link to last season's thread
Ok, up and running, we still have some edits to make, but consider this the new resource thread heading into what we hope is the 2012/2013 NHL season.
This post will serve as a FAQ update thread, too, as new information becomes available this summer and hopefully, eventually, a new/modified CBA.
Again, please note: This is a resource thread, not a speculation thread...so roster discussions would be better served for the off-season discussion threads.
this makes my head hurt. well done and thanks.
Ha, thanks, it's a lot of stuff in one place, good and bad, I guess.
"Restricted Free Agents may make contact with Clubs (including their own) regarding potential interest, but may not sign new SPCs or Offer Sheets until the opening of Free Agency Signing Period"
per CBA Exhibit 15, this was effective starting yesterday: "Later of June 26 or Tuesday after Entry Draft"
Who the hell is Mike Carman?
And yes, per capgeek, he re-signed, NHL minimum (for now) cap hit, two-way contract.
Caps sign first round draft pick Filip Forsberg to his ELC. Plan is still for Forsberg to finish out the remaining year of his contract in Sweden. link "...expected to be assigned to Leksand for the upcoming 2012-13 season."
#Caps have signed 2012 first-rounder Filip Forsberg to a 3yr, entry-level contract worth $832,500 at the NHL level and $70,000 at the AHL.
Point of Order:
The NHL recently altered its rules to grant European players the same rights as North American players, enabling a player unsigned two years after his draft to re-enter the draft.
Yet this only applies for players from countries covered by the transfer agreement. Thus this does not apply for Russian players.
As a result, next June when Kuznetsov will have gone two years as Caps property but will not have signed a contract, he will continue to remain Caps property indefinitely because of the lack of a transfer agreement.
In the case of Forsberg, there IS a transfer agreement and a two year clock started at the time of his draft. Had he elected next summer to return to Leksand for a second year, that would have placed pressure on the Caps to get him signed when the season ended, lest he re-enter the draft.
By signing him now instead, the Caps get assurances now; he gets $92K in signing bonus immediately.
Additional reasons to sign Forsberg now, as a loaned player back to Sweden, he can play in the NHL or AHL (could have done AHL without ELC, too, like Orlov) after his Swedish season is over (one factor being the World Championships if that's an option for him?) Also, his contract slides, he gets at least part of the signing bonus now, he's signed while still the current ELC rules, he can still go back and play in Sweden this year, etc. With the contract sliding, his cap hit will actually lower for the years when he is actually over here playing.
Thanks, wanted to make sure. I thought that's how it broke down between Russian / non-Russian Europeans.
I cringe seeing Wolski as the 2nd LW on that depth chart.
Great job though Sk8 and Langway. Always helpful.
NVM on the Hamill thing, on your 3rd post I thought the contract details were for the 11-12 seasons, not offseason. That was a little confusing... maybe but '12-13, '13-14, '14-15 instead? Since those are the season years? (For the Other Players under contract at the beginning of your 3rd post)
Caps sign Tom Wilson. Expect him to play in OHL and contract will slide.
Per current CBA rules, it's the max signing bonus and max salary at both the AHL and NHL levels; the performance bonuses are the only difference from Forsberg's contract and what results in a different cap hit.
addn: Caps official release
Renaud P Lavoie @RenLavoieRDS
"Capitals signs Keith Aucoin: 1 year / $650 000 NHL, $350 000 AHL"
Caps contracts update: Caps have 44 players under contract, including the 1 remaining RFA (Carlson); not counting Forsberg or Wilson
HBH vet update: looks like Hershey could start the season with 6 vets and 2 tweener vets (5 vets and 1 tw vet allowed to dress per game), but plenty of time between now and the start of the season to see things play out.
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