My Leafs- Post CBA
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06-19-2005, 10:43 AM
Join Date: Feb 2002
Some interesting things in Larry Brooks Article:http: //www.nypost.com/sports/48630.htm
The club payroll range for next season is expected to be established at a ceiling of $39.5M and a floor of $22.5M, but with player benefits — estimated at $2.2M per in all previous documents — included within those numbers.
Accounting for all ancillary included costs, the 2005-06 club payroll floor could actually be as low as $18M, with the high at approximately $35M.
BARRING AMENDMENT, the new NHL's new collective bargaining agreement will contain a transitional provision allowing teams to buy out players over a defined period this summer
the 67 percent cost charged against their
, sources close to the negotiations have told Slap Shots. Teams exercising that option, however,
will be prohibited
re-signing those players
All existing contracts and qualifiers will contain the
24-percent rollback first offered
by the union last Dec. 9 as a mechanism to avoid taking a hard cap. Buyouts, therefore, will be calculated as two-thirds of 76 percent of the original value of a contract.
No small thing, the CBA will feature revenue sharing over the life of the agreement that's
than the league's
large-revenue clubs are comfortable with.
UFA and Unsigned picks
All 2004-05 contracts will be eliminated entirely. Unrestricted free agency will apparently
remain at 31 this summer
, though the age is expected to be incrementally
reduced to 28 over the life of the deal
. Entry Level compensation will be severely reduced, though it seems as if there
will be provisional allowances
for those previously
drafted but unsigned
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