Can anyone here elaborate on this cap punishment thing? I THINK I get it, but someone on Twitter was playing out a scenario where Weber's contract could potentially carry a cap hit of like $32 million in 2020-2021, or something, and I would love to know the math that goes behind that!
Also, if anyone understands the new "trade half of a contract" thing better than I do, please explain. Seems like an awesome idea but I don't think I quite fully understand it yet...
This is why I can't stay away from hockey. It's not just the events on the ice. Most of the time, the events off the ice are even better.
Got to believe it's got something to do with Luongo, but what exactly is up in the air.
- Did he lose Luongo to another team (Florida?) and got canned for it?
- Did he want to give up too much for Luongo and his ownership said no?
- Or vise-versa, did the ownership want to give up too much and he pulled the "I'm the GM" card?
Can anyone here elaborate on this cap punishment thing? I THINK I get it, but someone on Twitter was playing out a scenario where Weber's contract could potentially carry a cap hit of like $32 million in 2020-2021, or something, and I would love to know the math that goes behind that!
Also, if anyone understands the new "trade half of a contract" thing better than I do, please explain. Seems like an awesome idea but I don't think I quite fully understand it yet...
Puck Daddy talks about the cap punishment here. My understanding is that if a team gets a benefit in cap space from a 7+ year contract and the player retires before the end of the contract, all that cap "savings" is applied to the remaining time on the contract.
Nashville saves almost $33 million in cap space vs what they actually pay Weber over the first 6 seasons of the contract. But the earlier Weber retires, the more that penalty is spread out. The penalty is spread across the remaining seasons on the contract. If Weber retires in 2025, the Predators take a cap hit of $7.857 million in the 2025-26 season.
Also, each year Weber plays for a lower salary than his cap hit decreases the penalty, as it's taken as how much he was paid vs the cap hit over the time he played.
None of these rules will affect the Jordan Staal contract, which is a flat $6 million per year for 10 years with no deviation.
Based on the comments of this thread, I thought that Luongo to Florida was a done deal. In actuality, The leafs fired Burke and will likely retain trading for Luongo. Man, am I relieved.
Puck Daddy talks about the cap punishment here. My understanding is that if a team gets a benefit in cap space from a 7+ year contract and the player retires before the end of the contract, all that cap "savings" is applied to the remaining time on the contract.
Nashville saves almost $33 million in cap space vs what they actually pay Weber over the first 6 seasons of the contract. But the earlier Weber retires, the more that penalty is spread out. The penalty is spread across the remaining seasons on the contract. If Weber retires in 2025, the Predators take a cap hit of $7.857 million in the 2025-26 season.
Also, each year Weber plays for a lower salary than his cap hit decreases the penalty, as it's taken as how much he was paid vs the cap hit over the time he played.
None of these rules will affect the Jordan Staal contract, which is a flat $6 million per year for 10 years with no deviation.
Wow, that should NOT count for contracts signed on the last CBA. This is ridiculous. Totally makes sense for contracts going forward, but as far as penalizing teams this drastically, that's a little much. Teams that were otherwise drafting up contracts entirely within the rules of the game are now basically ALL stuck with Gomez-like contracts. That's brutal.
Basically all the Canucks can do now is trade Luongo and hope he's playing in Toronto until he's 50. Screws them over for team building as well, having ANOTHER team's player considering retirement have a drastic impact on YOUR salary cap. I think whoever wrote this rule was a little more shortsighted than they'd care to admit.
Wow, that should NOT count for contracts signed on the last CBA. This is ridiculous. Totally makes sense for contracts going forward, but as far as penalizing teams this drastically, that's a little much. Teams that were otherwise drafting up contracts entirely within the rules of the game are now basically ALL stuck with Gomez-like contracts. That's brutal.
I can only imagine how Preds fans feel about that rule.
I can only imagine how Preds fans feel about that rule.
True, knowing they were basically "forced" into that contract for Weber. Although given Weber is only 27, the CBA will probably expire before he (and Suter/Parise) retires and who knows what will happen in the next CBA.
So I know a lot of teams are doing things to show "Fan Appreciation" for sticking it out during the lockout. Haven't heard anything from the Canes though. Did I miss it or have they not announced it?
So I know a lot of teams are doing things to show "Fan Appreciation" for sticking it out during the lockout. Haven't heard anything from the Canes though. Did I miss it or have they not announced it?
I haven't heard anything yet. Rutherford did mention in his press conf. that they realize they need to do a lot of work to bring the fans back and have their marketing team working on it now, so I suspect there will be something in the near future.
One thing I hope they DON'T do is take people with mini packages (For my family the weekend 12 game package) and force them into weekday games. It completely ruins the point of what you bought. But I wouldn't be surprised if they did that in order to fill up every seat possible.
I haven't heard anything yet. Rutherford did mention in his press conf. that they realize they need to do a lot of work to bring the fans back and have their marketing team working on it now, so I suspect there will be something in the near future.
I know they're hiring a new marketing person for Fan Promotions and such.
The best thing they could do right now to thank the fans and bring them back, is start making the playoffs on a consistent basis.
Bingo. Competitive hockey here will always do well. Make the playoffs, and even win a round, the people that jumped off will be right back on the bandwagon. Only ones that might not are those that are/have been in a position that's directly affected by this lockout.
I know it's a shortened season but I expect the Canes to make the playoffs.. I know I probably shouldn't but it would be a major disappointment. I don't live down there but I think the fanbase will be fine if it's winning..Even last year, it wasn't that bad.. marquee games will still draw and the place will be rocking.. like the Canucks game from last year.
I don't know about you guys, but I'm excited about the Bruins-'Canes series this year. After we stuck it to them for the first time in franchise history (and in a manner of hilarious ways, including having their entire starting lineup in the penalty box), the Bruins will be back for blood.
Especially if we meet in the playoffs again. That would be fun.
