Lockout IV: One likes to believe in the freedom of hockey (Moderated: see post #2)
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12-08-2012, 11:57 PM
Join Date: Dec 2011
Originally Posted by
Seems like it's adding more to me: Chicago can now pay anyone on their roster more money (and outbid other teams) because Marian Hossa's Cap hit is only 5.2 mil a season.
Really? Think about that, and do the math. What happens when escrow comes into play? Parise and Suter both got paid 10m in signing bonuses and 2 in salary. However their cap hit is 7.5m. So Minny is paying 24m in salary and has a cap hit of 15.7m. Then they go out and pay someone else (X) 5m (5m in salary/cap hit). Now for that 20.7 in cap space, they're paying 29.7 in salary. What do you think happens at the end of the year when they take escrow into account? Parise and Suter had escrow taken off of a 2m salary. Mr X had escrow taken off of a 5m salary. Now due to some of these contracts (and the PA escalator, etc) the league gets some of that escrow back. Who's that coming from? It's not really coming from Parise and Suter... their wages are 2m... despite the fact that their 10m is part of the problem. It's coming from the rest of the NHLPA who didn't get massive signing bonuses to offset their escrow payments.
I've been looking for trouble... but trouble hasn't been cooperating!
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