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can teams trade cap room now?

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01-06-2013, 10:31 AM
  #1
green lantern
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can teams trade cap room now?

I heard of this being thrown about, is this allowed now and if so what are the rules?

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01-06-2013, 10:32 AM
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haseoke39
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No. Lock it up.

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01-06-2013, 10:44 AM
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RangerBoy
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No. Players proposed it in August. Non starter.

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01-06-2013, 11:18 AM
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Mr Atoz
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No. Lock it up.
Don't you mean lock it out?

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01-06-2013, 02:17 PM
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rojac
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It was in the NHL proposal from the end of October, the one that was posted on the web site (http://www.nhl.com/ice/news.htm?id=643572). It's the last paragraph under "Cap Accounting". Now, whether it's in the final agreement, we'll have to wait and see.

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01-06-2013, 02:33 PM
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DopeyFish
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Trading cap space was also in last nhl offer too iirc

But don't know if it made its way through the entire process

We won't know until we see the full CBA

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01-06-2013, 02:50 PM
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RangerBoy
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That's not trading cap space. The NHL proposed retaining money in trade. Brian Burke came up with that idea in 2007. The players proposed trading cap space in August.

Quote:
In the context of Player Trades, participating Clubs will be permitted to allocate Cap charges and related salary payment obligations between them, subject to specified parameters. Specifically, Clubs may agree to retain, for each of the remaining years of the Player's SPC, no more than the lesser of: (i) $3 million of a particular SPC's Cap charge or (ii) 50 percent of the SPC's AAV ("Retained Salary Transaction"). In any Retained Salary Transaction, salary obligations as between Clubs would be allocated on the same percentage basis as Cap charges are being allocated. So, for instance, if an assigning Club agrees to retain 30% of an SPC's Cap charge over the balance of its term, it will also retain an obligation to reimburse the acquiring Club 30% of the Player's contractual compensation in each of the remaining years of the contract. A Club may not have more than two (2) contracts as to which Cap charges have been allocated between Clubs in a Player Trade, and no more than $5 million in allocated Cap charges in the aggregate in any one season.
http://www.nhl.com/ice/news.htm?id=643570

This is trading cap space proposed by the PA. Teams going over the cap.

http://www.cbssports.com/nhl/blog/ey...rade-cap-space

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01-06-2013, 03:01 PM
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Blind Gardien
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This, tagging with a $60M official cap, bonus cushion, stuff like that are still important things to find out for a few teams.

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01-06-2013, 06:26 PM
  #9
rojac
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Quote:
Originally Posted by RangerBoy View Post
That's not trading cap space. The NHL proposed retaining money in trade. Brian Burke came up with that idea in 2007. The players proposed trading cap space in August.



http://www.nhl.com/ice/news.htm?id=643570

This is trading cap space proposed by the PA. Teams going over the cap.

http://www.cbssports.com/nhl/blog/ey...rade-cap-space
Okay, a little different but largely the same concept. If the Leafs were trade Mike Komisarek to Vancouver and retain $3M of his cap hit and 2/3 of his $3.5M salary, then Vancouver would only be adding $1.5M to their team cap hit for a player with a $4.5M cap hit, which would be pretty much the same as increasing the team's cap space by $3M. So, basically, the Leafs would have traded Mike Komisarek and $3M in cap space to Vancouver.

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01-06-2013, 06:37 PM
  #10
DopeyFish
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Quote:
Originally Posted by rojac View Post
Okay, a little different but largely the same concept. If the Leafs were trade Mike Komisarek to Vancouver and retain $3M of his cap hit and 2/3 of his $3.5M salary, then Vancouver would only be adding $1.5M to their team cap hit for a player with a $4.5M cap hit, which would be pretty much the same as increasing the team's cap space by $3M. So, basically, the Leafs would have traded Mike Komisarek and $3M in cap space to Vancouver.
I believe it's only salary, not cap hit

Makes it easier to move players to smaller market teams

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01-06-2013, 06:54 PM
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Quote:
Originally Posted by DopeyFish View Post
I believe it's only salary, not cap hit

Makes it easier to move players to smaller market teams
So wait? In the above individual's example a team would be paying part of a players salary but it would not go towards their cap?

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01-06-2013, 07:03 PM
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Originally Posted by leeaf83 View Post
So wait? In the above individual's example a team would be paying part of a players salary but it would not go towards their cap?
I believe so.

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01-06-2013, 07:07 PM
  #13
rojac
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Quote:
Originally Posted by DopeyFish View Post
I believe it's only salary, not cap hit

Makes it easier to move players to smaller market teams
In the version that was in the NHL proposal that I linked to above, it was cap hit and the same proportion of salary.

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01-07-2013, 10:17 AM
  #14
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Quote:
Originally Posted by rojac View Post
In the version that was in the NHL proposal that I linked to above, it was cap hit and the same proportion of salary.
and I believe that's what is contained in the final deal. The $3 million max per player, $5 million max total has been reported.


Trade Player A who's on 5 million cap hit. Agree to keep 2.5 million on your cap plus you pay half of their salary. It seems to be akin to placing someone on re-entry waivers then them getting claimed. The cap hit and salary was halfed to the two teams.

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01-07-2013, 10:26 AM
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Quote:
Originally Posted by leeaf83 View Post
So wait? In the above individual's example a team would be paying part of a players salary but it would not go towards their cap?


Habs journalist says it's allowed

jeremy filosa ‏@j_filosa

#GAMEON #CBA #NHL Have just learned teams can trade up to 15% of their payroll, when completing a trade. Huge detail, not yet reported.

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01-07-2013, 11:20 AM
  #16
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Quote:
Originally Posted by Caballo Blanco View Post
Habs journalist says it's allowed

jeremy filosa ‏@j_filosa

#GAMEON #CBA #NHL Have just learned teams can trade up to 15% of their payroll, when completing a trade. Huge detail, not yet reported.
I feel sorry for the folks at capgeek.com

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01-07-2013, 11:22 AM
  #17
cheswick
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Quote:
Originally Posted by Caballo Blanco View Post
Habs journalist says it's allowed

jeremy filosa ‏@j_filosa

#GAMEON #CBA #NHL Have just learned teams can trade up to 15% of their payroll, when completing a trade. Huge detail, not yet reported.
Its unclear what he is saying really. He doesn't explicitly say the corresponding cap hit isn't transferred as well.

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01-07-2013, 11:47 AM
  #18
sweatypickle
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Originally Posted by cheswick View Post
Its unclear what he is saying really. He doesn't explicitly say the corresponding cap hit isn't transferred as well.
It is unclear, however I don't see why it wouldn't follow the NHL's original proposed example. It's quite limited and likely won't be used very often anyhow.

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01-07-2013, 01:47 PM
  #19
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This topic is very confusing for me, as I'm sure it is for many others as details slowly trickle out.

Yesterday I was under the impression that you have to keep the cap hit equivalent to the salary you aren't trading.

Today it seems as though maybe you can trade the full cap hit, but not all the salary.

I'm sure it will all be clearer than mud in the next few days.

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01-07-2013, 02:01 PM
  #20
Caballo Blanco
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James Mirtle ‏@mirtle

Teams will be able to retain salary/cap hit in a trade. This will be a very complex and carefully worded portion of new CBA I'm sure.

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01-07-2013, 03:37 PM
  #21
tradervik
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Capologists rule

One thing's for sure, teams with very good capologists will have an even greater advantage over teams with poor capologists than under the old CBA.

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01-07-2013, 03:53 PM
  #22
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Originally Posted by Caballo Blanco View Post
H
#GAMEON #CBA #NHL Have just learned teams can trade up to 15% of their payroll, when completing a trade. Huge detail, not yet reported.
That's freakin' AWESOME!

If it's correct, it's my favorite part of the resultant agreement.

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01-07-2013, 10:05 PM
  #23
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It would certainly allow for more trades, which makes for more exciting off ice hockey talk

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01-07-2013, 10:58 PM
  #24
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Here's my question- suppose in trading loungo van is persuaded to eat 1mm/year in actual salary. My understanding is that van would have a cap charge each year for 1mill, but what then of the acquiring team? Is their cap hit re-averaged or do you just lop off a million per?

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01-08-2013, 01:25 AM
  #25
sewellda
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The question I want to know is whether or not a team that trades a player and chooses to eat a large portion of that player's salary can then use 1 of their 2 amnesty buyouts on the portion they retained.

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