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06-23-2012, 04:15 PM
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The FAQ below pertains to the current CBA set to expire on 9/15/12. Revisions will be made as needed once a new CBA is established.

1) Off-Season Salary Cap
2) RFA Qualifying Offers & Arbitration
3) RFA Offer Sheet Compensation Information
4) Waivers
5) NTCs and NMCs
6) Contract Extensions
7) Sources

1) Off-Season Salary Cap. What are the rules for cap compliance during the off-season? Teams are allowed to exceed the coming season's salary cap by up to 10% in the off-season (defined as from July 1 until the last day of training camp). Players included in the off-season cap tally include all players signed to one-way contracts; a proportional salary amount from players on two-way contracts based on their days on the NHL roster the previous season; all active QOs & offer sheets; and all buyout amounts and deferred bonuses for the upcoming season. So, for the summer of 2012, contracts that count towards the off-season number include all one way contracts plus the pro-rated contracts for all the Hershey call-ups still under contract.

2) QOs & Arbitration. How are qualifying offers calculated and how does arbitration work? Qualifying offer amounts depend on the salary in the expiring contract year as follows:

Salary in final year Qualifying offer
< $660k 110% of previous salary
$660k - $1M 105% of previous salary
> $1M 100% of previous salary

Arbitration rights (eligibility for player-elected arbitration) are determined based on the number of pro years and the players age upon signing their first contract.

Age upon signing first SPC Required years to gain arb. rights
18-20 4 years
21 3 years
22-23 2 years
24+ 1 year

It's important to note that the player's age when signing isn't their age when they actually sign the contract but their age on September 15th of the year in which the contract is signed. Pro in this instance means either the NHL or AHL, except for 18-19yo's in the AHL. Based on the CBA's wording, 18-19yo's must be in the NHL (and play 11 or more games) to be considered pro. For more on arbitration consult Article 12 of the CBA.

Based on a calculation, the arbitration hearing award walk-away point for summer 2012 should be approx. $1,753,000 (2011 it was $1,632,974.)

3) RFA Offer Sheet Compensation Information for Summer 2012:

$1,110,249 or below - No Compensation

Over $1,110,249 to $1,682,194 - 3rd round pick

Over $1,682,194 to $3,364,391 - 2nd round pick

Over $3,364,391 to $5,046,585 - 1st round pick, 3rd

Over $5,046,585 to $6,728,781 - 1st round pick, 2nd, 3rd

Over $6,728,781 To $8,410,976 - Two 1st Round Picks, 2nd, 3rd

Over $8,410,976 - Four 1st Round Picks

4) Waiver News?

The thresholds for skaters are as follows:[/I]

AgeYears From SigningNHL Games Played

For Goalies

5) No Trade Clauses/No Movement Clauses

Ovechkin: Limited NTC starting in summer 2014; as described by GM during 2010 Caps Convention panel - Limited NTC, can designate 10 teams he will not accept a trade to and modify list each year before the season starts

Backstrom: Limited NTC starting in summer 2016 (per CapGeek) ""Modified NTC (no restrictions until July 1, 2016; for 2016-17 and beyond, can designate seven teams he will not accept a trade to no-trade list and modify that list each September beginning in 2017)"; confirmed by GM during 2010 Caps Convention panel

Laich: Limited NTC starting in summer 2011 for first four seasons of contract ending sometime after 2014-2015 season; supplies team with five teams he can't be traded to at the beginning of each of the four seasons

Ribeiro: per capgeek, 10 team no trade list NTC

6) Contract Extensions - Negotiating new contracts with players in organization

Players on the last year of a multi-year deal and players in last year of an ELC can enter into contract extensions starting July 1, 2012.

Players on one year contracts for the 2012-13 season can not have an official contract extension entered into before January 1, 2013.

$525,000 is the minimum salary for the 2012-13 season.

7) Sources:

- Langway and Sk84fun_dc's number crunching and CBA jujitsu. (We're human, though, so take this as just a good faith effort at getting into the nitty gritty of contracts in the cap world. We'll keep adding and correcting information as it becomes available.)

Some additional sources/references:

- CapGeek for cap & buyout calculators

- A direct link (.pdf) to the NHL CBA (set to expire on 9/15/12)

- The NHLPA listing of Washington players on the NHL roster; may need to use drop down to select Washington. Note that the figures listed on the NHLPA site are salary figures.

- Link to last season's thread

Last edited by sk84fun_dc: 07-05-2012 at 10:53 AM.
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