Players and Owners reach an agreement (MOD: circa 5am ET 1/6/13)
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01-06-2013, 11:20 PM
Join Date: May 2004
Location: Rarely Sober
Originally Posted by
According to the limited details released, Montreal could offer to retain 50% of the cap charge for the remainder of the contract. When Phoenix accepts, Montreal's Cap gets charged 2.5M per year for next three years, Phoenix's Cap gets charged 2.5M per year for the player's services, and Montreal reimburses Phoenix with 50% of actual player compensation for the remainder of the deal.
In the NHL's October offer, the limit was that the team trading the player away could only retain the lesser of 50% of the cap hit or $3M. In this example, $3 would exceed 50% of AAV so the most Montreal could offer to retain is 50% or $2.5M per year.
Thanks for the answers. Really appreciated. Any idea if in this scenario Montreal could offer to retain 50% of the cap charge for just one of the three seasons? Or how about 10% in each of the three years? How about variability? Like 50%, then 25% and 10% in the final year?
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