2012 CBA & Re-alignment: Lockout in Effect. Thanks Gary/Donald! PART II
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11-16-2012, 04:49 PM
Experience & VooDoo
Join Date: Oct 2008
Originally Posted by
That is salary. The NHL doesn't allow true signing bonuses for most contracts. So teams front load deals and call them signing bonuses. It's just a trick to get around the CBA.
Do you actually think the money calls to handle the frontloading of his contract aren't repaid to their investors?
That all is accrued on the hockey side for write offs.
Rookie and 35+ bonuses are all accrued on the hockey side and factored into hockey related expenses.
No, what I'm saying is those investors front up the money to the various reasons, and when they do get settled up with from the profits, making them not profits at all because, they're only recouping their initial investment. Plus sometimes they don't even recoup their investment, obviously. So while you look at set numbers that seem profit, to the owner he has another additional number added to the equation that says one of the three of profit/broke even/loss.
You're basically saying the owners don't front the money, but they do. Not all NHL teams have that kind of money laying around to payout bonuses.
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