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Temporary salary cap

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02-18-2012, 01:15 AM
  #1
Sabretip
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Temporary salary cap

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In what has been a vastly under-the-radar story, a buzz item among NHL GMs these days is how they’re going to approach this summer with what will be a higher but temporary salary cap number.

Confused?

The collective bargaining agreement doesn’t expire until Sept. 15 at midnight ET.

But NHL teams have to conduct business under this current CBA until then. As per the current system, the salary cap is once again expected to rise as of June 30 from the current $64.3 million upper limit to as high as $68 million to $69 million, according to guesstimates from some team executives.

That new cap number will exist only from June 30 to whenever a new CBA comes into effect.

The obvious issue is that most teams believe the cap will go down in the new CBA as owners try to scale back the players’ percentage of revenues (the players will have a mighty say in that, however).

So, you could have a situation where the cap is around $69 million for the summer and then much lower come the fall with a new CBA (again, the players will have a say in that).

This will force teams to come up with their own internal cap number based solely on guesswork this summer, because the last thing a team wants is to have a $69 million payroll on Aug. 30 and then be told it needs to shed a chunk of it come the new CBA in the fall.

Either way, just another wrinkle for this summer’s free-agent market.
http://espn.go.com/blog/nhl/post/_/i...kely-to-happen

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02-18-2012, 07:07 AM
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Mergus merganser
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Won't there be some type of salary roll back to reach that lower cap #?

I don't remember teams really selling the last time we had a lock out, but then again, maybe I just don't remember it.

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02-18-2012, 08:13 AM
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Quote:
Originally Posted by Mergus merganser View Post
Won't there be some type of salary roll back to reach that lower cap #?

I don't remember teams really selling the last time we had a lock out, but then again, maybe I just don't remember it.
Teams did buy out a lot of players back then if I recall correctly. I remember that year's free agent class being really good. There was a salary rollback last time too but I doubt the players would agree to that again.

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02-18-2012, 10:07 AM
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Quote:
Originally Posted by Mergus merganser View Post
Won't there be some type of salary roll back to reach that lower cap #?

I don't remember teams really selling the last time we had a lock out, but then again, maybe I just don't remember it.
There was.

First, the value of all contracts was rolled back by 25%. Then, all teams had a buyout window where they could buy out a contract without cap penalty. Once that window closed, the current buyout method went into effect.

No matter what, there will be a method for teams up against it to get back under. I wouldn't worry too much about it.

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02-18-2012, 11:49 AM
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With Pegula's wealth and willingness to to use it in any way to benefit his hockey club, it will be much easier to stash overpaid players in Rochester if it comes to that. More players should clear waivers league-wide because of this possibility as well.

This is practically a non-issue for the Sabres, having an owner like Terry Pegula.

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02-18-2012, 12:36 PM
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I really can't see Fehr letting the players take much of a hit.

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02-18-2012, 01:05 PM
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Hopefully we'll cut salary anyways so this won't be a concern.

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02-18-2012, 01:27 PM
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Quote:
Originally Posted by Fatal System Ehrhoff View Post
I really can't see Fehr letting the players take much of a hit.
I just fear that Donald Fehr is going to lead the league into another lockout.

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02-18-2012, 01:28 PM
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Originally Posted by nivek View Post
I just fear that Donald Fehr is going to lead the league into another lockout.
It certainly could happen.

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02-18-2012, 01:38 PM
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Quote:
Originally Posted by nivek View Post
I just fear that Donald Fehr is going to lead the league into another lockout.
It takes two to tango. Remember that.

If the owners practiced what they preached, we wouldn't see so many front-loaded deals. But NOOOOOOOOOOOOOOOO! They're happening anyway.

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02-18-2012, 01:44 PM
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Quote:
Originally Posted by Fatal System Ehrhoff View Post
I really can't see Fehr letting the players take much of a hit.
I can't either.

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02-18-2012, 02:19 PM
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I could possibly see the players accepting a temporary salary cap freeze, but I would say there is little to no chance of the NHLPA accepting cuts or rollbacks...

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02-18-2012, 03:30 PM
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69 million?!?! Does this mean we can take a run at Zach

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02-18-2012, 08:30 PM
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Fehr already vetoed reallignment just to have a leg up in these talks. I think that's a sign of bad faith from the start and a good indicator that he'll pull down another season if he thinks it'll help.

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02-18-2012, 09:00 PM
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The fact that Fehr is the NHLPA's rep tells me that there's a serious militancy in the ranks and that the players are unhappy with the current deal (as it turned out).

I'm betting there's a strike/lock out in our future. That's Fehr's reputation and Bettman/Daley aren't any better.

I hate this part of professional sports. It exposes both player and owner true sentiments towards the fans who are the core supporters of this game. (Not the corporate interests....... real people for whom a night at an NHL game is a serious financial investment.)

A pox on both of their houses.

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02-18-2012, 11:11 PM
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Quote:
Originally Posted by Beechsack View Post
There was.

First, the value of all contracts was rolled back by 25%. Then, all teams had a buyout window where they could buy out a contract without cap penalty. Once that window closed, the current buyout method went into effect.

No matter what, there will be a method for teams up against it to get back under. I wouldn't worry too much about it.
Buy out window for LEINO?????????? Although he has played well as of late...

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02-18-2012, 11:26 PM
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Originally Posted by Selanne00008 View Post
Buy out window for LEINO?????????? Although he has played well as of late...
Omg that would be amazing, probably wouldn't look good as a ufa destination though

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02-19-2012, 12:38 AM
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Sabretip
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Quote:
Originally Posted by aceface33 View Post
Teams did buy out a lot of players back then if I recall correctly. I remember that year's free agent class being really good. There was a salary rollback last time too but I doubt the players would agree to that again.
Quote:
Originally Posted by Fatal System Ehrhoff View Post
I really can't see Fehr letting the players take much of a hit.
Quote:
Originally Posted by Blitz View Post
I could possibly see the players accepting a temporary salary cap freeze, but I would say there is little to no chance of the NHLPA accepting cuts or rollbacks...
I believe I've read more than once some quotes from Fehr that the players' union will not entertain any rollbacks like they did the first time.

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02-19-2012, 01:41 AM
  #19
TyMy57
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How awesome would it be if they had a free buyout window again so we could buyout Leino!

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02-19-2012, 02:18 AM
  #20
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I guess it's a bit of my Connolly sentiments striking back up again but I sorta like Leino and I'm not sold on giving up on his contract yet. It's a gamble but with the NHL, gambles aren't always decided in the first 6 months. Leino has shown me flashes of being able to do what TC did as well as MUCH better puck possession skills when he is on his game. He gets paid a lot but he could potentially be worth it and I dont give up on skill players that quickly. All of the FA signings this offseason have been fine with me. Ville is slowly getting it together, Ehrhoff is great on the point, and Regehr doesen't take **** from players in front of the net. What did you guys expect?

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02-19-2012, 09:58 AM
  #21
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Is it possible to buy a player out than re sign him? Almost like a contract restructuring, like say of we bought out his 6 year 4.5 contract and have him a 3 year 3 million contract

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02-19-2012, 01:47 PM
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Quote:
Originally Posted by THEYAREGOODSCARYGOOD View Post
Is it possible to buy a player out than re sign him? Almost like a contract restructuring, like say of we bought out his 6 year 4.5 contract and have him a 3 year 3 million contract
You would still have to pay the buyout, so buying him out and re-signing him would likely cost the same. I don't know if it's a free buyout period, but even then I doubt Leino would do it, I could only see a guy like Gomez doing that or a guy with a ridiculous contract that deserved it for a while, but has had his skills drop off but has been there his whole career.

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02-20-2012, 11:05 AM
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Quote:
Originally Posted by Beechsack View Post
There was.

First, the value of all contracts was rolled back by 25%. Then, all teams had a buyout window where they could buy out a contract without cap penalty. Once that window closed, the current buyout method went into effect.

No matter what, there will be a method for teams up against it to get back under. I wouldn't worry too much about it.
It was 24%.

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02-20-2012, 11:47 AM
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It was 24%.
Was the actual money rolled back too or just the cap hit?

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02-20-2012, 12:01 PM
  #25
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Yes, I was off by 1%.

Actual dollars were rolled back. You couldn't have rolled back a cap hit because those didn't even exist yet.

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