Nov 5, 2012, 11:50 AM EDT
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.
Apr 17, 2014, 8:25 AM EDT
New York, St. Louis, Denver, and San Jose is where it’s at tonight.
Apr 17, 2014, 1:19 AM EDT
A Tyler Seguin bullet, no less.
Apr 17, 2014, 1:08 AM EDT
A tale of two games, really.
Apr 17, 2014, 12:52 AM EDT
“We did it time and time again.”
Apr 17, 2014, 12:26 AM EDT
“It’s one that got by him.”
Apr 17, 2014, 12:03 AM EDT
The trio was big in Wednesday’s Game 1 victory over the Jackets.
Apr 16, 2014, 11:23 PM EDT
It’s bad enough to inspire Jon Cooper’s pity, though.
Apr 16, 2014, 10:59 PM EDT
“We aren’t here just to go to school. We’re here to win.”
Apr 16, 2014, 10:41 PM EDT
After all that star power in regulation …
Apr 16, 2014, 10:22 PM EDT
Pittsburgh scores three unanswered goals to win.
Apr 16, 2014, 10:14 PM EDT
The West’s No. 1 seed takes on the final wild card qualifier.
Apr 16, 2014, 9:22 PM EDT
Did the Penguins deserve a power play or penalty shot?
Apr 16, 2014, 8:50 PM EDT
Get used to these stories of toughness.
Apr 16, 2014, 8:11 PM EDT
Updated with bonus goals for your enjoyment.
Apr 16, 2014, 7:45 PM EDT
Tomas Plekanec spoils Tampa Bay’s lead.
Apr 16, 2014, 7:24 PM EDT
In case there was any doubt.
Apr 16, 2014, 6:46 PM EDT
Unproven goalie vs. a gold-medal goalie in Game 1.
Apr 16, 2014, 6:30 PM EDT
A battle between a scrappy underdog and a perplexing favorite.
Apr 16, 2014, 6:18 PM EDT
A little less grit against the Anaheim Ducks.
Apr 16, 2014, 5:16 PM EDT
Not Brandon Pirri.
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