: Salary Cap:
Salary Cap: 2012-13 Washington Capitals: Salary/Cap Hit/Contract Thread
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07-14-2012, 02:34 PM
Join Date: Nov 2004
Originally Posted by
Point of Order:
The NHL recently altered its rules to grant European players the same rights as North American players, enabling a player unsigned two years after his draft to re-enter the draft.
In the case of Forsberg, there IS a transfer agreement and a two year clock started at the time of his draft. Had he elected next summer to return to Leksand for a second year, that would have placed pressure on the Caps to get him signed when the season ended, lest he re-enter the draft.
By signing him now instead, the Caps get assurances now; he gets $92K in signing bonus immediately.
Yes, Forsberg's rights would have expired on June 1, 2014 if he hadn't been signed to his ELC. They changed the rules with the new CBA in '05 and when the countries agreed to the transfer agreements the rules started to apply (not Russia for now.) Kuznetsov's rights would have expired this June (June 1, 2012), except for the fact that he was drafted out of Russia and the lack of a transfer agreement.
Additional reasons to sign Forsberg now, as a loaned player back to Sweden, he can play in the NHL or AHL (could have done AHL without ELC, too, like Orlov) after his Swedish season is over (one factor being the World Championships if that's an option for him?) Also, his contract slides, he gets at least part of the signing bonus now, he's signed while still the current ELC rules, he can still go back and play in Sweden this year, etc. With the contract sliding, his cap hit will actually lower for the years when he is actually over here playing.
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