HFBoards

Go Back   HFBoards > General Hockey Discussion > The Business of Hockey
Mobile Hockey's Future Become a Sponsor Site Rules Support Forum vBookie Page 2
The Business of Hockey Discuss the financial and business aspects of the NHL. Topics may include the CBA, work stoppages, broadcast contracts, franchise sales, NHL revenues, relocation and expansion.

Confirmed Details of 2013 CBA & CBA Questions (Merged)

Closed Thread
 
Thread Tools
Old
06-05-2013, 11:17 AM
  #201
LadyStanley
Elasmobranchology-go
 
LadyStanley's Avatar
 
Join Date: Sep 2004
Location: North of the Tank
Country: United States
Posts: 60,086
vCash: 500
Quote:
Originally Posted by Mr Sakich View Post
I did a search and found very little information on this. According to:

http://thehockeywriters.com/compliance-buyouts-nhl/

the process of NBA compliance buyouts is:


1) The player is still paid in full
2) The team gets to remove his salary from their books for cap and luxury tax purposes
3) The player enters a bidding pool of teams that are under the salary cap
4) Teams can bid to assume some (but not all) of the player’s contract and the highest bidder is awarded the player
5) If no team claims the player, he becomes an unrestricted free agent


The writers felt that the NHL adopted a similar policy but I cannot find that information anywhere. If the NHL did adopt this policy, I have a few questions about this process

1) does the winning bid team get the player for the original term of the contract?
2) can a team be under the cap before their bid and over the cap after? This would force them to dump salary before the next season but it allows them to bid
3) it seems odd that no team offered 1$ for Redden or Gomez. All it would have cost is a roster spot and they would have had the rights to either player for 1$.
There is no "bidding" process.

Potential buy out players are "put on waivers" (so any team has the option of picking up existing salary). (24 hour waiver period)

Original team then "buys out player". Any other interested team then contacts player's agent to check mutual interest/asking price and negotiates new contract.

LadyStanley is offline  
Old
06-05-2013, 04:36 PM
  #202
knorthern knight
Registered User
 
Join Date: Mar 2011
Location: GTA
Country: Canada
Posts: 3,820
vCash: 595
Quote:
Originally Posted by kdb209 View Post
Both one-way and two way SPCs with compensation greater than $900K (min salary + $375K).
Quote:
a) In the case of a one-way SPC, the AA of such SPC less the then applicable NHL Minimum Salary plus $375,000 (e.g., currently $900,000) will be counted against the Club’s Averaged Club Salary
But the first $900,000 of salary will not count against the cap; is that correct. I have a not-so-hypothetical case I'm thinking about. A "4th-line energy player" (euphemism alert) is making $866,667 in the last season of his contract. The team has a better player in mind for the role, who can actually score a few goals now and then. The team probably will not be re-signing the player next year, and wouldn't mind if someone picks him up on waivers. So they send him down to the AHL. His $866,667 disappears off the club's cap hit. Is that correct?

knorthern knight is offline  
Old
06-05-2013, 05:04 PM
  #203
mouser
Global Moderator
Business of Hockey
 
mouser's Avatar
 
Join Date: Jul 2006
Location: South Mountain
Posts: 13,390
vCash: 500
Quote:
Originally Posted by knorthern knight View Post
But the first $900,000 of salary will not count against the cap; is that correct. I have a not-so-hypothetical case I'm thinking about. A "4th-line energy player" (euphemism alert) is making $866,667 in the last season of his contract. The team has a better player in mind for the role, who can actually score a few goals now and then. The team probably will not be re-signing the player next year, and wouldn't mind if someone picks him up on waivers. So they send him down to the AHL. His $866,667 disappears off the club's cap hit. Is that correct?
Correct, the cap charge is the amount that the contract average is over $900k (increasing as minimum salary increases). If the contract average is less than $900k then no negative charge.

mouser is offline  
Old
06-06-2013, 06:50 PM
  #204
RangerBoy
#freejtmiller
 
RangerBoy's Avatar
 
Join Date: Mar 2002
Location: New York
Country: United States
Posts: 32,977
vCash: 500
The new CBA is available

http://www.nhlpa.com/inside-nhlpa/co...ning-agreement

RangerBoy is offline  
Closed Thread

Forum Jump


Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:25 AM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2015 All Rights Reserved.