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10-23-2012, 07:31 PM
  #99
opendoor
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Quote:
Originally Posted by billvanseattle View Post
Is anyone seriously saying that the 5+ year deal applies to exisitng contracts? I doubt that is the intention.
Quote:
Originally Posted by PG Canuck View Post
Don't understand why it would apply to current contracts either, otherwise the GM's that dished out those deals wouldn't have in the first place probably. Also, I don't think just bringing in a new rule that applies to already existing contracts isn't fair, as that wasn't in the last CBA which was when the existing contracts were signed under, not this proposed one; so why should GM's be punished with having a new 5+ year deal that didn't even exist at that time?
Of course it would apply to existing contracts. Their proposal included a 5 year limit on new contracts so if no new contracts longer than 5 years were allowed, then what would that rule cover?

Here's the language from the NHL's offer:

Quote:
All years of existing SPCs with terms in excess of five (5) years will be accounted for and charged against a team's Cap (at full AAV) regardless of whether or where the Player is playing. In the event any such contract is traded during its term, the related Cap charge will travel with the Player, but only for the year(s) in which the Player remains active and is being paid under his NHL SPC. If, at some subsequent point in time the Player retires or ceases to play and/or receive pay under his NHL SPC, the Cap charge will automatically revert (at full AAV) to the Club that initially entered into the contract for the balance of its term.

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