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Players and Owners reach an agreement (MOD: circa 5am ET 1/6/13)

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Old
01-06-2013, 09:00 AM
  #101
Epsilon
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Quote:
Originally Posted by ti-vite View Post
Accidently put this in the news only thread:


Is this true, if so no linkage?
Could just be offset by higher escrow payments. One way to interpret it might be that the players are willing to collectively pay more in escrow (if the cap would have gone down in some future year) rather than have players bought out or traded just for teams to get under the cap.

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Old
01-06-2013, 09:02 AM
  #102
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Originally Posted by Stump View Post
So, who won the CBA negotiations? The NHL or the NHLPA?
The fans lost.

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01-06-2013, 09:04 AM
  #103
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Quote:
Originally Posted by ti-vite View Post
Accidently put this in the news only thread:


Is this true, if so no linkage?
No, linkage has to do with actual money paid out, along with player share and HRR.

Cap has to do with numbers on papers.

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01-06-2013, 09:06 AM
  #104
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Originally Posted by Ola View Post
No, linkage has to do with actual money paid out.

Cap has to do with numbers on papers.
So, there is a potential for a few years of significant escrow balancing...something the players did not want, however a higher CAP does encourage higher value contracts, so I can understand why they wanted this.

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01-06-2013, 09:08 AM
  #105
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What an idiot, why did he sign with a new team this week?

In 2 weeks we would have known whether there was a new CBA or none at all.
Discussions had been going on for weeks before this. Letang was delaying it because of personal matters (a baby) and the end looming with this lockout nonsense. KHL team said he had to make an appearance or they can't promise him a roster spot any longer basically. Smart move by Letang at the time, it just looks silly with the power of hindsight...

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01-06-2013, 09:11 AM
  #106
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Dreger just said they're re-introducing the World Cup!

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Old
01-06-2013, 09:12 AM
  #107
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That's...surprising. So the higher of 64.3 or 50% starting in Year 3? Fehr did a nice job with that IMO.

What we know so far:

Salary Cap
Y1: 60M ceiling but teams can spend up to $70.2M, 44M floor
Y2: 64.3M ceiling, 44M floor
Y3 - Y10: The higher of 64.3M or 50% (according to Bruce Arthur)
No cap on escrow

Contracts
7 year max or 8 years if re-signing with same team.
35% variance year-over-year
50% variance between highest and lowest year of contract

Arbitration
Teams may not walk away from award unless award is at least 3.5M (Clarke MacArthur Clause)

Revenue Sharing
$200M with $60M "growth fund"

Compliance Buyouts
2 per team next season, counting against players' share of HRR

Supplemental Discipline
Brendan Shanahan is still the first judge; the appeals will still go through Commissioner Gary Bettman; but for suspensions of six or more games, a "neutral third party will decide if necessary."

Misc
10 year CBA with mutual opt-out clauses after 8 years
Realignment pushed down the road, no decision made for this or next season
Olympic participation will be settled on a future date outside of CBA framework

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01-06-2013, 09:13 AM
  #108
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TSN is reporting the minimum 50% is actually for the last year of the contract, last year has to be atleast 50% of the highest year.

So in theory it could be like this:

10M - 6.5M - 3M - 1M - 1M - 1M - 1.5M - 5M

Caphit 3.625M.

That leaves some wiggle room for GMs.

I hope we get the official word soon.

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01-06-2013, 09:14 AM
  #109
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About damm time. I'll be watching on tv for the rest of this season, then I'll decide if I want to get season tickets again. At least we won't have another lockout for 8 yrs.

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01-06-2013, 09:14 AM
  #110
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Quote:
Originally Posted by Crease View Post
That's...surprising. So the higher of 64.3 or 50% starting in Year 3? Fehr did a nice job with that IMO.

What we know so far:

Salary Cap
Y1: 60M ceiling but teams can spend up to $70.2M, 44M floor
Y2: 64.3M ceiling, 44M floor
Y3 - Y10: The higher of 64.3M or 50% (according to Bruce Arthur)
No cap on escrow

Contracts
7 year max or 8 years if re-signing with same team.
35% variance year-over-year
50% variance between highest and lowest year of contract

Arbitration
Teams may not walk away from award unless award is at least 3.5M (Clarke MacArthur Clause)

Revenue Sharing
$200M with $60M "growth fund"

Compliance Buyouts
2 per team next season, counting against players' share of HRR

Supplemental Discipline
Brendan Shanahan is still the first judge; the appeals will still go through Commissioner Gary Bettman; but for suspensions of six or more games, a "neutral third party will decide if necessary."

Misc
10 year CBA with mutual opt-out clauses after 8 years
Realignment pushed down the road, no decision made for this or next season
Olympic participation will be settled on a future date outside of CBA framework
Other items to clarify:

- Are AHL contracts over 100k$ included in CAP (and player share)?
- Total value of 'make whole' ?
- Minimum salary evolution over the 10 years?
- Trading of CAP space (Burke idea?)
- One way, or two way waivers ?


Last edited by ti-vite: 01-06-2013 at 09:19 AM. Reason: others
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01-06-2013, 09:16 AM
  #111
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Quote:
Originally Posted by Pepper View Post
TSN is reporting the minimum 50% is actually for the last year of the contract, last year has to be atleast 50% of the highest year.

So in theory it could be like this:

10M - 6.5M - 3M - 1M - 1M - 1M - 1.5M - 5M

Caphit 3.625M.

That leaves some wiggle room for GMs.

I hope we get the official word soon.
No it couldn't happen like your theory, yr to yr can only be 35% difference

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Old
01-06-2013, 09:16 AM
  #112
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Quote:
Originally Posted by ti-vite View Post
Are AHL contracts over 100k$ included in CAP (and player share)?
And to piggyback off that, are retiring players still counted against the cap and traded players that retire going back to the original team?

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01-06-2013, 09:19 AM
  #113
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Quote:
Originally Posted by ti-vite View Post
Other items to clarify:

- Are AHL contracts over 100k$ included in CAP (and player share)?
- Total value of 'make whole' ?
- Minimum salary evolution over the 10 years?
- Trading of CAP space (Burke idea?)
Quote:
Originally Posted by Rhett4 View Post
And to piggyback off that, are retiring players still counted against the cap and traded players that retire going back to the original team?
Will dig around and try to find some info after I get back from the gym. If you guys find any info, post it here and I'll add it to a master post. Maybe we can get it sticky'd for reference. I suspect we won't know the nuts and bolts until after its been officially ratified (most likely released on Monday along with the schedule).

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Old
01-06-2013, 09:21 AM
  #114
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Quote:
Originally Posted by Pepper View Post
TSN is reporting the minimum 50% is actually for the last year of the contract, last year has to be atleast 50% of the highest year.

So in theory it could be like this:

10M - 6.5M - 3M - 1M - 1M - 1M - 1.5M - 5M

Caphit 3.625M.

That leaves some wiggle room for GMs.

I hope we get the official word soon.
My understanding

No year over year change of more than 35%

No year can be less than 50% of the highest year on the term.

10 - 6.5 - 4.225 which is a no-no because that is then less than 50% of the highest years total.

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Old
01-06-2013, 09:21 AM
  #115
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Quote:
Originally Posted by 19Yzerman19 View Post
No it couldn't happen like your theory, yr to yr can only be 35% difference
That 35% is based on the first year of the contract so if the first year is 10M, any of the further years can't change more than 3.5M from previous year. Or that's how it was in earlier proposals.

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01-06-2013, 09:22 AM
  #116
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free Center Ice?

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Old
01-06-2013, 09:23 AM
  #117
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Originally Posted by bobbyflex View Post
free Center Ice?
would be real nice, but something tells me not to expect it.


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01-06-2013, 09:23 AM
  #118
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Quote:
Originally Posted by Pepper View Post
That 35% is based on the first year of the contract so if the first year is 10M, any of the further years can't change more than 3.5M from previous year. Or that's how it was in earlier proposals.
Every report I've read indicates that the salary between two consecutive years can't vary by more than 35%, regardless of what years within the deal they are.

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01-06-2013, 09:24 AM
  #119
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Originally Posted by pld459666 View Post
My understanding

No year over year change of more than 35%

No year can be less than 50% of the highest year on the term.

10 - 6.5 - 4.225 which is a no-no because that is then less than 50% of the highest years total.
That's what I thought too, until I saw this TSN report:

- The salary variance on contracts from year to year cannot vary more than 35 per cent and the final year cannot vary more than 50 per cent of the highest year.

http://www.tsn.ca/nhl/story/?id=412844

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01-06-2013, 09:29 AM
  #120
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Quote:
Originally Posted by Crease View Post
Every report I've read indicates that the salary from Year A to Year B can't vary by more than 35%, regardless of what year within the deal it is.
Well, that was my understanding until couple of weeks ago.

James Mirtle:

Here’s the very basics of what’s believed to be on the table right now: A 20 per cent variance limit based on 20 per cent of the first year of a multiyear contract.

That means that, if the first year of a deal is $5-million, the max it would be able to vary each season for the life of the deal is $1-million.

So a contract could go for seven years and look like so: 5-5-5-4-3-2-1, meaning the player would receive $25-million with a cap hit of just $3.57-million.


http://www.theglobeandmail.com/sport...rticle6928533/

So it's not 35% of the previous year, it's 35% of the FIRST year.

Now we don't know if they have changed that in the last push.

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01-06-2013, 09:29 AM
  #121
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Quote:
Originally Posted by Pepper View Post
That's what I thought too, until I saw this TSN report:

- The salary variance on contracts from year to year cannot vary more than 35 per cent and the final year cannot vary more than 50 per cent of the highest year.

http://www.tsn.ca/nhl/story/?id=412844
say that is the case,

your going from 6.5 to 3 which is more than 50% variance

then from 3 to 1 which is 66% variance. Both are no-no's

But then my statement of 4.225 would also be wrong (and allowed based on your take of the information provided)

Either way I think it's going to be interesting to see the actual nuts and botls of it all.

BTW, it was a pleasure debating with you and the other guys throughout this process.

I'm under the belief that every experience provides for an opportunity to learn something. It was very educational these last few months.

Thanks

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01-06-2013, 09:30 AM
  #122
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So, buyouts for this upcoming season, or next season?

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Old
01-06-2013, 09:32 AM
  #123
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Originally Posted by BLONG7 View Post
So, buyouts for this upcoming season, or next season?
"Next season".

Because the cap this year is 70M I suspect that means 2013-2014 when the cap drops to 64.3M.

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01-06-2013, 09:32 AM
  #124
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Dreger just said they're re-introducing the World Cup!

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Old
01-06-2013, 09:32 AM
  #125
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Quote:
Originally Posted by Pepper View Post
Well, that was my understanding until couple of weeks ago.

James Mirtle:

Here’s the very basics of what’s believed to be on the table right now: A 20 per cent variance limit based on 20 per cent of the first year of a multiyear contract.

That means that, if the first year of a deal is $5-million, the max it would be able to vary each season for the life of the deal is $1-million.

So a contract could go for seven years and look like so: 5-5-5-4-3-2-1, meaning the player would receive $25-million with a cap hit of just $3.57-million.


http://www.theglobeandmail.com/sport...rticle6928533/

So it's not 35% of the previous year, it's 35% of the FIRST year.

Now we don't know if they have changed that in the last push.
From what was posted in TSN today.

- The salary variance on contracts from year to year cannot vary more than 35 per cent and the final year cannot vary more than 50 per cent of the highest year.

http://www.tsn.ca/nhl/story/?id=412844

Again, until the nuts and bolts of this thing are put to paper and officially released it's all guess work and 2nd hand information.

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