Nov 5, 2012, 11:50 AM EST
More proof the NHL loves itself some parity…
According to the Globe and Mail’s David Shoalts, commissioner Gary Bettman has proposed unpaid bonus money no longer be allowed to count against the salary cap.
Up until the expiration of the last CBA, a player’s potential bonus had counted against the cap – the key word being “potential,” as certain targets needed to be achieved before that bonus was paid out.
This was a good thing for teams desperate to get to the cap floor for as little actual money as possible, as those targets weren’t always achieved.
Shoalts uses the New York Islanders as an example:
Under the old agreement, a club such as the Islanders routinely made sure there were several entry-level players on its roster whose cap hit was much larger than their actual salary thanks to several bonuses. For example, in the 2011-12 season, rookie Nino Niederreiter’s entry-level contract paid him $900,000 in actual salary but nearly $2-million in bonuses brought his cap hit to just under $2.8-million. The 20-year-old was on the NHL roster for 55 games and scored exactly one goal, which meant almost all of that bonus money was never paid, a huge saving for the cash-strapped Islanders.
It’s worth nothing that the Isles save money in other ways. For example, by acquiring an aging player like Lubomir Visnovsky, whose front-loaded contract has a cap hit of $5.6 million but an actual salary of just $3 million in 2012-13.
For fans of the club, it means cheering for a team that may not be as good as its cap hit suggests. In fact, in 2012-13, the Isles have a cap payroll of $50.1 million, but a salary payroll of just $41.4 million.
On the opposite end of the spectrum is a club like the New York Rangers, whose biggest challenge isn’t getting to the cap floor; it’s finding a way to stay under the cap ceiling. For example, by sending an underperforming player like Wade Redden, along with his $6.5 million cap hit, to the minors.
And according to Shoalts, Bettman wants that to change as well, with all minor-league salaries above $105,000 counting against the cap.
Feb 28, 2015, 6:55 PM EST
He’s been released from the hospital.
Feb 28, 2015, 6:02 PM EST
Alexey Marchenko scored his first career goal.
Feb 28, 2015, 5:34 PM EST
That gives some teams extra roster flexibility.
Feb 28, 2015, 4:45 PM EST
Was injured on a hit from Seth Jones.
Feb 28, 2015, 4:15 PM EST
He’s been the subject of trade rumors lately.
Feb 28, 2015, 3:35 PM EST
News and notes from around the blue paint…
Feb 28, 2015, 2:07 PM EST
The former Caps’ forward reunited with Bruce Boudreau.
Feb 28, 2015, 1:15 PM EST
He’s being evaluated in hospital.
Feb 28, 2015, 12:27 PM EST
Both are unrestricted free agents after this season.
Feb 28, 2015, 12:00 PM EST
He’s an unrestricted free agent after this season.
Feb 28, 2015, 11:15 AM EST
Was acquired Thursday from Toronto.
Feb 28, 2015, 10:30 AM EST
Ottawa’s GM confirms he had talks with Toronto.
Feb 28, 2015, 9:45 AM EST
New York has won four straight overall coming in.
Feb 28, 2015, 1:02 AM EST
L.A. played the night before.
Feb 28, 2015, 12:07 AM EST
Lost to Carolina on Friday.
Feb 27, 2015, 11:17 PM EST
He was traded from Philadelphia to Chicago on Friday.
Feb 27, 2015, 10:34 PM EST
Meanwhile, Calgary’s playoff hopes take another hit.
Feb 27, 2015, 9:56 PM EST
Important win for Boston.
Feb 27, 2015, 9:37 PM EST
Feb 27, 2015, 9:19 PM EST
Should be interesting.
- NHL on NBC: Rangers look for a fourth straight win against the Flyers 5
- Ducks score four third-period goals, come back to beat rival Kings 7
- Blackhawks aren’t done talking trades, will look to add another forward 13
- Flyers trade Kimmo Timonen to Blackhawks 29
- Video: Couture fined $5K for slew-footing Smith 22
- Time to start winning — Bruins’ next four games are against non-playoff teams 17
- Burgled: Sens’ Hammond shuts out Kings 14
- Wild get important win vs. Preds (and some luck, too) 41
- Trading baggage: Blue Jackets grab Clarkson, send Horton’s contract to Leafs 66
- Panthers acquire Jagr from Devils 29
- Petrovic: Chicago will ‘probably seek revenge’ for Kane injury tonight (82)
- Report: Alex Petrovic avoids discipline after injuring Patrick Kane (69)
- Trading baggage: Blue Jackets grab Clarkson, send Horton’s contract to Leafs (66)
- Lindros files $3M defamation lawsuit against ex-referee Stewart (Updated: Now $250K) (65)
- The plummeting Coyotes are threatening to fall below the Oilers into 29th place (55)