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.
Mar 30, 2015, 9:16 AM EDT
John Gibson stood tall versus New Jersey on Sunday.
Mar 30, 2015, 8:33 AM EDT
Both have plenty they still want to accomplish in their final regular season games.
Mar 30, 2015, 7:45 AM EDT
Monday’s collection of links.
Mar 30, 2015, 12:01 AM EDT
Perron and Crosby scored in the shootout for the win.
Mar 29, 2015, 11:15 PM EDT
Chicago moves into third in the Central Division.
Mar 29, 2015, 10:10 PM EDT
He left the broadcast for stitches, but did return.
Mar 29, 2015, 10:02 PM EDT
New York snapped a seven-game home losing streak.
Mar 29, 2015, 9:16 PM EDT
Pastrnak scored the OT winner.
Mar 29, 2015, 8:20 PM EDT
Ottawa has lost three straight.
Mar 29, 2015, 7:55 PM EDT
Michael Ferland’s first NHL goal was the winner.
Mar 29, 2015, 6:51 PM EDT
Puck drop is at 7:30 p.m. ET on NBCSN.
Mar 29, 2015, 6:25 PM EDT
Jimmy Howard is on in relief.
Mar 29, 2015, 6:05 PM EDT
Washington scored four unanswered to beat New York 5-2.
Mar 29, 2015, 4:54 PM EDT
Buffalo has the best odds of drafting him.
Mar 29, 2015, 4:17 PM EDT
Will he get one next season?
Mar 29, 2015, 3:28 PM EDT
They’ll play at 7:30 p.m. ET tonight.
Mar 29, 2015, 2:30 PM EDT
News and notes from around the crease…
Mar 29, 2015, 1:38 PM EDT
The Penguins defenseman suffered a concussion.
Mar 29, 2015, 12:55 PM EDT
Rau recorded at least 40 points in each of his NCAA campaigns.
Mar 29, 2015, 12:11 PM EDT
The good news is that he’s out of the hospital.
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- Video: Brian Engblom takes a puck to the head 11
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- Letang concussed, Penguins will dress five defensemen 18
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- Video: Bolts lose Garrison, Paquette in loss to Wings 4
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- Bruins chalk Rask’s absence up to dehydration (Update) 4