Thread: Salary Cap: $64.3M Upper Limit for '11-'12
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04-30-2011, 07:32 AM
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Your first contract is not illegal under the 50% rule. 50% refers to the lesser of 50% of the first two years of the contract. In this case that number is $4.5m. The contract can decrease by more than 50% of previous year, but cannot decrease by more than $4.5m per year.

Basically, the difference between one year's salary and the next can be no more than 50% of the lower of the first two years' salary in that contract.

The Kovalchuk amendment also wouldn't apply, because the contract doesn't implicate years over the age of 40.

azrok22 is offline   Reply With Quote