: News Article:
News from Around the League - Part XXXVI
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01-08-2013, 02:59 PM
Join Date: Mar 2012
Location: New Jersey
Originally Posted by
Got a source for that? Everything I've heard is that all contracts signed under the old CBA are grandfathered in.
The new rule applies for any contract in excess of six years, including ones that were signed under the last CBA.
One of the intricacies of the new yet-to-be-ratified CBA is the "cap-recapture system." Basically, this affects players with long-term deals (minimum five or six years, I'm not 100 per cent certain).
Either way, Luongo's counts because his is a 12-year deal. Therefore, there will be a penalty if he retires before the contract is completed.
and so on.
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