Crosby Signing a 10-Year Deal Worth $90 Million?
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06-10-2012, 01:38 AM
Join Date: Aug 2009
Location: The Shark Tank
Originally Posted by
The mention of $14 million confuses me. I was under the impression that $10 million was set as the yearly salary limit a few years ago.
The maximum salary a player can receive is contingent on a percentage of overall salary cap. What that means is that every time the cap goes up or down, the percentage also increases or decreases.
Is there a maximum an individual player may earn?
Yes. No player may be eligible to contract for or receive in excess of 20% of the Club's upper limit in total annual compensation (NHL salary plus signing, roster, reporting and all performance bonuses). In 2005-06, no player will be permitted to contract for total compensation in excess of $7.8 million in any year of his contract.
Assume the salary cap next year is 70.3 (as rumours have stated), 20% of the cap is 14.06 million dollars, which means that 14.06 million accounts for the maximum Sidney Crosby could get next year.
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