View Single Post
Old
10-27-2012, 09:27 PM
  #58
kdb209
Global Moderator
 
kdb209's Avatar
 
Join Date: Jan 2005
Posts: 12,404
vCash: 500
Quote:
Originally Posted by haseoke39 View Post
Shea Weber doesn't have a contract until an agreement is in place that validates his contract. Unless this dispute gets resolved, yes, his $13M turns into $0. That's absolutely true. I don't understand why this is so troubling for you. It's not like we disagree on substance.
Not true.

All current contracts are still valid after a CBA expires - it is just that both US and Canadian Labor law recognizes the right of an employer to lock out employees w/o pay after a CBA expires (the analogue of allowing employees to strike in similar circumstances). If the League had not chosen to lockout the players, the players would have continued to play under those contracts and under the work rules of the expired CBA. And if the League did ultimately declare an impasse, impose a temporary CBA, and lift the lockout the players would be obligated to play under those SPCs (unless the NHLPA then elected to strike).

And as to the $13M signing bonus - it would very likely be due even if there is no CBA and the lockout continues. Nothing in the SPC and nothing I'm aware of under US labor law would relieve a team of that obligation. That said, if a team refused the only recourse a player would have is arbitration under the terms of the expired CBA, which likely could be delayed almost indefinitely on procedural grounds - although it is possible that a court could order the League and NHLPA to agree on an arbiter and fulfill the arbitration process to hear the grievance. However, any signing bonus paid during the lockout would be subject to modification (and possible clawbacks) under the transition rules of any new CBA that is ultmately signed.

kdb209 is offline