HFBoards

Go Back   HFBoards > General Hockey Discussion > Trade Rumors and Free Agent Talk
Trade Rumors and Free Agent Talk Trade rumors, transactions, and free agent talk. Rumors must contain the word RUMOR in post title. Proposals must contain the word PROPOSAL in post title.

Working around the salary cap

Reply
 
Thread Tools
Old
06-21-2012, 06:11 PM
  #1
Team_Spirit
Tinordi-Subban
 
Team_Spirit's Avatar
 
Join Date: Jul 2002
Posts: 20,350
vCash: 700
Working around the salary cap

Let's say Jagr wants to come back and Philly wants him, can they do one of the these things :

Buy a Bugatti and let him ride it as a company car.

Buy stuff from one of his companies or real estate property for twice the price.

Give a well paid job to one of his relatives.

These type of things would not count on the cap.

Team_Spirit is offline   Reply With Quote
Old
06-21-2012, 06:11 PM
  #2
squidz*
dun worry he's cool
 
Join Date: Jun 2011
Location: South of the Border
Country: United States
Posts: 11,897
vCash: 500
Nope

squidz* is offline   Reply With Quote
Old
06-21-2012, 06:13 PM
  #3
Team_Spirit
Tinordi-Subban
 
Team_Spirit's Avatar
 
Join Date: Jul 2002
Posts: 20,350
vCash: 700
Quote:
Originally Posted by squidz View Post
Nope
How do we know if it's not happening? The NHL review every expense made by clubs? These perks would not be in the contract signed by Jagr.

Team_Spirit is offline   Reply With Quote
Old
06-21-2012, 06:15 PM
  #4
danishh
Dat Stache
 
danishh's Avatar
 
Join Date: Dec 2006
Location: mtl/ott/somewhere
Country: Canada
Posts: 29,654
vCash: 50
all of your suggestions would be cap circumventions and would be scrutinized by the league. Heavy penalties.

The sens hired wade redden's fiance and then wife in the ticket office when he was here. League investigated to make sure she earned the job fairly and was paid a market rate.

__________________
RIP Kev.
danishh is offline   Reply With Quote
Old
06-21-2012, 06:22 PM
  #5
Krishna
Registered User
 
Krishna's Avatar
 
Join Date: Jun 2010
Location: Philadelphia
Country: Canada
Posts: 82,046
vCash: 50
That's illegal..

Krishna is offline   Reply With Quote
Old
06-21-2012, 06:25 PM
  #6
crazyforhockey
Registered User
 
Join Date: Jul 2007
Posts: 5,468
vCash: 500
Giroux has to go back into a lottery draft as punishment

crazyforhockey is offline   Reply With Quote
Old
06-21-2012, 06:35 PM
  #7
UConn126
Bass Player.
 
UConn126's Avatar
 
Join Date: Jun 2010
Location: West Hartford, CT
Country: United States
Posts: 3,677
vCash: 500
Quote:
Originally Posted by crazyforhockey View Post
Giroux has to go back into a lottery draft as punishment
A rigged lottery where he ends up a Penguin.

UConn126 is offline   Reply With Quote
Old
06-21-2012, 06:51 PM
  #8
CTU2fan
Registered User
 
CTU2fan's Avatar
 
Join Date: Jul 2009
Posts: 1,135
vCash: 500
Quote:
Originally Posted by Krishna View Post
That's illegal..
Only if you get caught.

I seem to recall the TWolves doing something fishy along these lines with Joe Smith, they might have even straight paid him "under the table" or something similar...but they got nailed had to forfeit multiple picks. Not a good idea...and certainly not for a fringe guy like a Jagr.

http://www.nba.com/news/smith_wolves_001025.html

Actually they didn't pay him under the table, they promised him a future long-term deal in return for some chea one-year signings. Generally these leagues would rather have you concuss Sidney Crosby or kneecap Lebron James than circumvent their precious salary caps.

CTU2fan is offline   Reply With Quote
Old
06-21-2012, 06:53 PM
  #9
LyricalLyricist
Registered User
 
Join Date: Aug 2007
Location: Montreal
Country: Canada
Posts: 20,792
vCash: 50
There's probably ways but is it worth the risk?

LyricalLyricist is online now   Reply With Quote
Old
06-21-2012, 06:53 PM
  #10
Gootie
Thug of the Year
 
Gootie's Avatar
 
Join Date: Jul 2010
Location: Chiraq
Country: United States
Posts: 25,138
vCash: 1868
Or they could pay him to intentionally hurt specific players on other teams

Gootie is offline   Reply With Quote
Old
06-21-2012, 07:07 PM
  #11
WeridAl
YuckaFlux
 
WeridAl's Avatar
 
Join Date: Jan 2012
Location: 10ft of Snow
Posts: 1,749
vCash: 500
Quote:
Originally Posted by UConn126 View Post
A rigged lottery where he ends up a Penguin.
I heard the Penguins are pretty good at that, by chance did they pass the instructions on to Edmonton how to do it.

WeridAl is offline   Reply With Quote
Old
06-21-2012, 07:15 PM
  #12
danaluvsthekings
Registered User
 
danaluvsthekings's Avatar
 
Join Date: May 2004
Posts: 4,128
vCash: 500
Quote:
Originally Posted by LyricalLyricist View Post
There's probably ways but is it worth the risk?
Exactly. Teams aren't likely going to want to risk the penalties that could come with being caught circumventing the cap, especially in this case to sign a 40 year old Jaromir Jagr. Is it worth it to lose picks, have the organization fined, and I'm guessing if you got caught knowingly, the league is going to suspend the player as well.

Not to mention, I don't think it would be worth it for the GM because I would think it would hurt your chances of future employment. Being the guy responsible for a team losing picks and cash isn't going to endear you to owners.

danaluvsthekings is offline   Reply With Quote
Old
06-21-2012, 07:18 PM
  #13
cyris
Global Moderator
The one who knocks!
 
cyris's Avatar
 
Join Date: Dec 2008
Location: 3rd Planet From Sun.
Country: Canada
Posts: 12,167
vCash: 797
The Devils got fined a first and a third round pick for trying to circumvent the cap.
How bad would the penalty be if team was caught being successful at it?

cyris is offline   Reply With Quote
Old
06-21-2012, 07:18 PM
  #14
squidz*
dun worry he's cool
 
Join Date: Jun 2011
Location: South of the Border
Country: United States
Posts: 11,897
vCash: 500
Quote:
Originally Posted by danishh View Post
all of your suggestions would be cap circumventions and would be scrutinized by the league. Heavy penalties.

The sens hired wade redden's fiance and then wife in the ticket office when he was here. League investigated to make sure she earned the job fairly and was paid a market rate.
Pittsburgh was also heavily scrutinized when Lemieux sold some property to Crosby (if I'm remembering the situation right).

squidz* is offline   Reply With Quote
Old
06-21-2012, 07:21 PM
  #15
TorstenFrings
wieder zuhause!!!
 
TorstenFrings's Avatar
 
Join Date: Apr 2012
Country: Germany
Posts: 3,575
vCash: 500
In European soccer it's pretty standard for the owner of a football club to give players huge endorsement deals for their other companies, so that the debt won't be on the club's books.
It's not as meaningful, because financial fair play isn't enforced yet and probably won't ever be, but it really pisses me off.

TorstenFrings is offline   Reply With Quote
Old
06-21-2012, 09:20 PM
  #16
jumptheshark
Give the dog a bone
 
jumptheshark's Avatar
 
Join Date: Oct 2003
Location: hf retirement home
Country: United Nations
Posts: 52,292
vCash: 500
Quote:
Originally Posted by Team_Spirit View Post
Let's say Jagr wants to come back and Philly wants him, can they do one of the these things :

Buy a Bugatti and let him ride it as a company car.

Buy stuff from one of his companies or real estate property for twice the price.

Give a well paid job to one of his relatives.

These type of things would not count on the cap.

It is covered under the CBA

__________________
trying to fend off exwife number 2
45000/010113
GO SHARKS GO
jumptheshark is offline   Reply With Quote
Old
06-21-2012, 09:40 PM
  #17
None Shall Pass
Got Carter
 
None Shall Pass's Avatar
 
Join Date: Jul 2007
Location: Brooklyn
Country: United States
Posts: 5,914
vCash: 500
Jagr'd be better off with a lower paying contract, insuring a Veyron would be hella expensive, and thing only does like 5 miles to the gallon.

None Shall Pass is offline   Reply With Quote
Reply

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 06:40 PM.

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

vBulletin Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. 2014 All Rights Reserved.