Thread: Larry Brooks: Slats in no rush to add Brad
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11-24-2010, 11:34 AM
  #43
GAGLine
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Quote:
Originally Posted by BrandNewDream View Post
Does anyone know if the modification agreed upon by the NHL and NHLPA re: Kovalchuk/circumvention modifies the 35+ rule at all? If a player signs a deal that takes them to/past their 35th birthday, is it a guaranteed cap hit? I haven't seen a good explanation of the new rule anywhere.
Contracts are only 35+ contracts if the player turns 35 by June 30th of the year in which he signs the deal. 35+ contracts are only guaranteed cap hits after the first year.

That's why we were able to send Brashear down to Hartford that first year and his cap hit was off the books. The 2nd year (and any subsequent years) are guaranteed against the cap.

The new rule doesn't change anything with regards to the 35+ rule, afaik.

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