Thread: GDT: Lockout is over
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01-09-2013, 01:19 AM
  #340
Devils731
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I think the basics from the article are:

1) You can keep at most 50% the cap hit of a players contract.

2) You can only have 3 players who you're retaining salary and cap hit who aren't with you.

3) Any individual contract can only have salary/cap hit "kept" twice. So a third trade involving that player would not allow to have any "kept" cap/salary.

4) A team can never have more than 15% of the salary cap as "kept" cap.

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The most confusing part is separating cap hit kept from actual dollars kept. The paper wrote it as you can keep 50% "of a contract" so I think if you want to keep 50% of the cap hit, you pay 50% of whatever real dollars that player would earn each season.

I don't think it's as complicated as it looks. In practice I don't think it will be used to great extent, except possibly next season as some bad contracts are moved around. It will more likely be used when teams close to the cap need a small amount of money "kept" by the other team to keep the trade fitting under the cap.

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