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:
$1465K = $1.465 M
$1.465 M over 2 years = $0.7325 M cap figure
That's my guess.
If the bonuses count, then:
$1700K = $1.7 M
$1.7 M over 2 years = $0.850 M cap figure
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.
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 $165,000potential bonus (100% counts against the cap)
$850,000 cap hit (and an ACTUAL (probable) salary of $685,000)
...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.