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2006-07 Salaries Up On nhlpa.com

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Old
06-28-2006, 07:18 PM
  #26
Sam
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Quote:
Originally Posted by Michigan Wolverine
Actually, at the risk of being totally wrong, I'm going to try to say that this helps us understand. The signing bonus is likely included. I'm not 100% sure it works that way for entry-level contracts, but it does work that way for NHL players under the cap rules. And the salaries count, obviously.

The bonuses don't count, from what I understand. It depends on how they're set up, I suppose, but take a look at this link:



So it depends on how the bonuses are set up, but if we assume that they don't count against the cap, then:
Code:
 $170K
 $765K
+$600K
$1465K

$1465K = $1.465 M
$1.465 M over 2 years = $0.7325 M cap figure
That's my guess.

If the bonuses count, then:
Code:
 $170K
 $765K
+$765K
$1700K

$1700K = $1.7 M
$1.7 M over 2 years = $0.850 M cap figure
Thoughts?
I'd assume that the $165,000 in performance bonuses is schedule A bonuses and not paid by the league so the cap hit is $850,000. Also, when TSN had the cap hit (not the salaries) up a short while ago, they had Harrold up for $850,000 so it's probably safe to assume his cap hit is $850,000.

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Old
06-28-2006, 07:20 PM
  #27
Osprey
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Quote:
Originally Posted by jt
Ah, what fun the cap is!!!
I remember when a dollar used to be a dollar. Ah, those were the days

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Old
06-28-2006, 07:29 PM
  #28
jt
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I think I just figured it out.

Sam posted this:

Quote:
Harrold signed with the Kings, a deal that included a $170,000 signing bonus, payable over two seasons, and a first-year NHL salary of $765,000 -- of which he will receive a fraction over the last few days of this season. His base pay, at the NHL level, will be $600,000 next season, with the chance to achieve bonuses that would bring his pay back to $765,000.
So here's how it comes to an $850,000 cap hit:

$600,000 base salary
$ 85,000 50% of signing bonus
$165,000 potential bonus (100% counts against the cap)
$850,000 cap hit (and an ACTUAL (probable) salary of $685,000)

WOO-HOO!!!


Last edited by jt: 06-28-2006 at 07:39 PM.
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Old
06-28-2006, 07:32 PM
  #29
Captain Ron
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Quote:
Originally Posted by jt
I think I just figured it out.

Sam posted this:



So here's how it comes to an $850,000 cap hit:

$600,000 base salary
$ 85,000 50% of signing bonus
$165,000 potential bonus (100% counts against the cap)
$850,000 cap hit

WOO-HOO!!!

You've got it!

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Old
06-29-2006, 11:27 AM
  #30
MePutPuckInNet
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...so....uhmm...'scuse my stupidity, but I have a question. Does being traded to a new team effect a player's contract? I mean, they obviously don't re-write the salary. But can other things be adjusted? Or does a player get stuck with whatever his first cheapo team decided to pay him?

- I'm thinking of O'Sullivan here, I mean, I personally think the kid got screwed by MN. He should have had a higher salary than $800k. At least a lot closer to what Jeff Carter got in Philly [which I believe was around $930k, the rookie limit for '03 draft]. I realize PO was a 2nd round pick - at least technically. But still....I dunno I just wondered if there is any adjustment possible when moving to the Kings.

.....$800,000 in Minnesota is gonna go a hell of a lot farther than $800,000 in LA.

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