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01-03-2013, 10:55 AM
  #539
Zip15
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Quote:
Originally Posted by Bennett View Post
Can you explain the recapture provision? Ehrhoff wouldn't be on my list for buyout canditates.. He has a pretty reasonable cap hit.
Based on reports, the league wants teams to be punished for signing those long, cap-circumventing contracts (unofficially, of course, unless you're New Jersey), so they're proposing this provision that states that the team who signed the player to the contract in excess of X years (X= 6 or 7, supposedly) will have the player's cap hit on their books for the duration of the contract if the player ceases playing in the NHL.

In Ehrhoff's case, let's assume that he decides after Year 7 of his deal that he's already earned $37m of the $40m owed to him under his current deal, and he's going to take his money and run into retirement. Buffalo would have three years of his $4m cap hit on their books--that's dead cap space--even if they traded him to another team at some point prior to his retirement and he played for that other team.

The PA wants this rule to apply only to contracts signed after this CBA goes into effect. The League wants this rule to also apply to all deals currently in effect.

Quote:
Originally Posted by Zman5778 View Post
I would think that there would be language preventing a player from being signed by the team that bought him out.
You would think. But this is the league that didn't foresee GM's extending these long-term deals to lower cap hits in a salary-capped sport.

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