Thread: News Article: Trade in works for Flyers?
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09-30-2013, 03:45 PM
  #226
DrinkFightFlyers
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Quote:
Originally Posted by FlyersFanz View Post
26.3 Circumventions.

(a) No Club or Club Actor, directly or indirectly, may: (i) enter into any
agreements, promises, undertakings, representations, commitments, inducements,
assurances of intent, or understandings of any kind, whether express, implied, oral or
written, including without limitation, any SPC, Qualifying Offer, Offer Sheet or other
transaction, or (ii) take or fail to take any action whatsoever, if either (i) or (ii) is intended
to or has the effect of defeating or Circumventing the provisions of this Agreement or the
intention of the parties as reflected by the provisions of this Agreement, including
without limitation, provisions with respect to the financial and other reporting obligations
of the Clubs and the League, Team Payroll Range, Player Compensation Cost
Redistribution System, the Entry Level System and/or Free Agency.

Impose a fine of up to $5 million in the case of a Circumvention by
a Club or Club Actor, but in no circumstances shall such fine be
less than $1 million against any Club or Club Actor if such party is
found to have violated Article 50 of this Agreement. If such a fine
is assessed against a Club (except in the case of a financial
reporting violation), that Club's Payroll Room shall also be
reduced by such amount for the following League Year;

Impose a fine against a Player of up to the lesser of $1 million or
twenty-five (25%) percent of a Player's Paragraph 1 Salary in the
case of a Circumvention by a Player or Player Actor, but in no
circumstances shall such fine be below the lesser of $250,000 or
twenty-five (25%) percent of the Player's Paragraph 1 Salary;

Direct a Club to forfeit draft picks (the number, placement, and
League Year of which shall be determined in the Commissioner's
sole discretion);

Declare a forfeiture of any NHL Game(s) determined to have been
affected by a Circumvention;

Void any SPC, or any extension of an SPC, between any Player
and any Club when both the Player or Player Actor and the Club or
Club Actor are found to have committed such a violation with
respect to such SPC or extension;

Suspend any Club employee, Player, or Certified Agent involved
in such a violation for a period of time determined in the sole
discretion of the Commissioner, the System Arbitrator, or the
NHLPA, respectively.
Source(s):
Yes, 9 teams were over on bonuses but only 3 by significant amounts-Chicago (won the cup), Boston (made a playoff run) and Toronto (finished 29th).

LTIR is also an exception.

Not sure if this helps, bunch of mumble jumble
Dag, yo. They better be friggen under the Cap in time.

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