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Endorsement side deals?

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06-09-2013, 11:26 AM
  #1
gramkind
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Endorsement side deals?

Can or do teams use endorsement deals to lure RFA/UFAs? Say NY Rangers let it be known there were X amount of dollars available on top of the contract to skirt the cap? Of course in a hush hush sort of deal.

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06-09-2013, 12:27 PM
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Eddie Shack
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No. The CBA strictly forbids that. There would be huge fines and/or penalties to pay if a team were caught doing this.

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06-10-2013, 12:05 PM
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Quote:
Originally Posted by Eddie Shack View Post
No. The CBA strictly forbids that. There would be huge fines and/or penalties to pay if a team were caught doing this.
I agree.
I think the player has the right to seek the endorsements.
Whether or not the club does or does not want to lift a finger is not as clear.

There's also 2 different things as to player A selling something and player A selling something and with the team's name prominently displayed.

But the OP was specifically about that being part of the official compensation package.

THAT can't be ok.

You basically know the market you're going to as a player, and if you're interested in that, whether it's to supplement your wages or because you wanna start get recognition for a plan after your playing days are over,

in any event, you takes your chances, so to speak.

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06-10-2013, 12:06 PM
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archangel archangel
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Quote:
Originally Posted by gramkind View Post
Can or do teams use endorsement deals to lure RFA/UFAs? Say NY Rangers let it be known there were X amount of dollars available on top of the contract to skirt the cap? Of course in a hush hush sort of deal.
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Originally Posted by Eddie Shack View Post
No. The CBA strictly forbids that. There would be huge fines and/or penalties to pay if a team were caught doing this.
The CBA covers direct and indirect money going to a player. It used to be that nhl teams used to help players find and pay for houses and some helped finance the houses. Under the new CBA, they can no longer no do that and teams have been told not to do it.

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06-10-2013, 01:46 PM
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cheswick
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Originally Posted by gramkind View Post
Can or do teams use endorsement deals to lure RFA/UFAs? Say NY Rangers let it be known there were X amount of dollars available on top of the contract to skirt the cap? Of course in a hush hush sort of deal.
Not sure of your question. You ask if a team can do it then you say in a hush hush sort of way. By the rules of the CBA they can't do it. But they can do whatever they want in a hush hush sort of way. If they get caught they'll be penalized.

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06-10-2013, 01:52 PM
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Eddie Shack
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Originally Posted by mrcrazycanuck View Post
The CBA covers direct and indirect money going to a player. It used to be that nhl teams used to help players find and pay for houses and some helped finance the houses. Under the new CBA, they can no longer no do that and teams have been told not to do it.
I'm sure teams can steer players to realtors and other relocation service providers. Paying for services provided to the player is strictly prohibited now and even in the last CBA.

The days of teams financing houses for players or paying for other things was likely way before there was a players union.

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06-10-2013, 03:30 PM
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knorthern knight
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Quote:
Originally Posted by gramkind View Post
Can or do teams use endorsement deals to lure RFA/UFAs? Say NY Rangers let it be known there were X amount of dollars available on top of the contract to skirt the cap? Of course in a hush hush sort of deal.
See the highlighted part? That says it all. Cap circumvention is a major breach of the CBA, and teams and players doing so would face major fines and other punishment from the NHL. Mind you, it's perfectly legitmate for the Rangers to point out to a FA that there are a lot more people in the NY City area than around his current city. And therefore he stands to make more money from endorsements. This is an external factor. Sort of like Phoenix (and previously Atlanta) pointing out to FA's that they don't need to buy winter tires for driving around town during the season.

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06-10-2013, 05:27 PM
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bernmeister
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Quote:
Originally Posted by mrcrazycanuck View Post
The CBA covers direct and indirect money going to a player. It used to be that nhl teams used to help players find and pay for houses and some helped finance the houses. Under the new CBA, they can no longer no do that and teams have been told not to do it.
Wow.
Live and learn.

So when are our ticket prices/cable bills going down with all this reduced cost?

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06-10-2013, 05:35 PM
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MissingOneTooth
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Quote:
Originally Posted by gramkind View Post
Can or do teams use endorsement deals to lure RFA/UFAs? Say NY Rangers let it be known there were X amount of dollars available on top of the contract to skirt the cap? Of course in a hush hush sort of deal.
I think this would take away from the game. There is enough corporate sponsorship in professional sports.

My teak is not for sale to the highest bidder.

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