: Salary Cap:
$64.3M Upper Limit for '11-'12
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06-28-2012, 05:35 PM
Join Date: Sep 2007
Originally Posted by
GagLine- I might have misunderstood you, but it seems like you have misunderstood what a roll back means.
Let's say the PA gets 1,500,000,000 USD for next season, they will get 1,500,000,000 USD no matter if there is a roll back or not (!). What the players get, and the issue if there is a roll-back or not, has nothing to do with each other.
No, I know what a rollback is.
7/6: With a deal near, Kings C Sean Avery tells the L.A. TIMES, “[Goodenow] thought he was bigger than he was. Bob brainwashed players like me.” 7/13: Sides complete deal, which includes: team-by-team salary cap with a payroll range of $21-39M; provision that total expenditure on player costs cannot exceed 54% of defined hockey-related revenue;
24% salary rollback on existing contracts
; cancellation of players’ contracts from ’04-05 season; maximum individual salary of 20% of a team’s cap ($7.4M); minimum salary of $450,000. 7/14: Flyers C Jeremy Roenick: “The deal is not great for the players. It is definitely an owner-friendly deal.” Maple Leafs D Ken Klee: “If the executive committee is bringing this to us to ratify, they think it is the best deal out there.”
That means whatever they were making before, they were now making 24% less. They didn't just roll back the cap dollars. They rolled back actual salaries. If it was just the cap hits, the NHLPA wouldn't care. They'd be in favor of it, in fact, as it allows the teams to spend more money.
Look at Jagr:
He was making 11 mil before the lockout and 8.36 mil after.
24% of 11 mil is 2.64 mil.
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