Thread: Speculation: Brad Richards News Part IV
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06-10-2011, 10:53 PM
  #65
CM PUNK
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Quote:
Originally Posted by HagelinForPresident View Post
I don't really know how this stuff works, but can't the Rangers give him a signing bonus so that we can pay him less. For example, give him a 6.5 mil contract (6.5 cap hit too) and then give him a 7 mil signing bonus (1 mil per year, assuming a 7 year contract is signed)? or are signing bonuses only allowed for ELC's?
Quote:
Originally Posted by bassassin View Post
Bonuses are allowed on ELCs and 35+ contracts.
that is true on performance bonuses but i'm not 100% sure on signing bonuses...according to cap geek, dan hamhuis gets a signing bonus ($2 mil each of the first 3 years, and $1 mil per the last 3 years).

but i'm pretty sure it doesn't matter and the signing bonus gets averaged into the salary...if you pay a guy a $6 mil base salary with a $1 mil signing bonus then its still a $7 mil cap hit.

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