: Salary Cap:
2012 Free Agency & 2012-13 Payroll/Contract Limit
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03-16-2012, 12:15 AM
Join Date: Jul 2007
Wow ... I'll add one more reason I think Parise is gone.
I was just checking Kovy's deal to see how much NJ owed him next year, and they did a thing that I'm not sure I've seen on one of those crazy life time contracts.
In the first 2 years of his contract, he's only paid $6 million a season. In the next 6 years though, starting in 2012-13, his salary jumps to $11, $11.3, $11.3, $11.6, $11.8, and $10.
Normally, these contracts pay out big ASAP. I expected to see the numbers possibly start going down. Instead, the meat of his contract is just kicking in to almost the tune of double his cap it. Whatever the floor is, NJ will be spending $5 million over that number just to get to it because of the Kovy contract.
IIRC, the league let the Yotes go over the floor by $10 million this year. They'd have to let NJ significantly go over $10 million past the floor in order to fill the roster and re-sign Parise.
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