2012-13 Lockout Discussion Part V: The "Back to square one" Edition
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10-20-2012, 01:39 PM
Join Date: Nov 2005
Location: New Jersey
Originally Posted by
DS, I'm not sure exactly what you mean, but unfortunately it's pretty clear that my interpretation is correct...
In other words, you can exceed the 50% mark by 13% before escrow kicks in on any current contract. This effectively makes the cap 57% this year (50% x 1.13) and it only declines as NEW contracts get signed that don't have the ability to exceed the 50%. As new contracts begin to make up a larger percentage of the overall number of contracts, you get closer and closer to "true" 50%, but you don't actually get there until the last current contract expires (Shea Weber's deal, in 2026).
Again, they need to move to the middle and give up the idea that they're going to get every penny of every existing contract on time and without escrow regardless of HRR growth.
Yeah, i was thinking all counted to the 50% but 13% of salary was guaranteed. 2/3 of contacts expire in 2 seasons. Not the best or worst scenario. Capping escrow is the best route.
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