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.
Jul 4, 2015, 11:20 PM EDT
Vancouver started its development camp this weekend.
Jul 4, 2015, 10:10 PM EDT
His offensive totals were down, but was regularly used on penalty kill.
Jul 4, 2015, 8:40 PM EDT
Spent most of the 2014-15 season in the OHL.
Jul 4, 2015, 7:10 PM EDT
They had agreed to terms last weekend.
Jul 4, 2015, 5:40 PM EDT
Played 37 games with Edmonton last season before getting sent back to the WHL.
Jul 4, 2015, 4:10 PM EDT
He signed with Pittsburgh on Wednesday.
Jul 4, 2015, 2:57 PM EDT
Both received two-way deals.
Jul 4, 2015, 2:01 PM EDT
Will he make the 2015-16 Flyers?
Jul 4, 2015, 12:48 PM EDT
Washington’s AHL tandem has more NHL playing experience than Holtby and Grubauer.
Jul 4, 2015, 11:30 AM EDT
He usually gets at least one stint in the NHL per season.
Jul 4, 2015, 10:18 AM EDT
The two sides reportedly aren’t close to an agreement.
Jul 4, 2015, 9:09 AM EDT
What role he has could depend on the Kings and league’s decision regarding Slava Voynov.
Jul 3, 2015, 11:00 PM EDT
Scored 13 goals in 54 games last season.
Jul 3, 2015, 10:00 PM EDT
He was sentenced in September, 2013.
Jul 3, 2015, 9:00 PM EDT
Spent the last three seasons in the KHL.
Jul 3, 2015, 7:44 PM EDT
Buffalo also signed Cal O’Reilly, who played last season with the AHL Utica Comets.
Jul 3, 2015, 6:43 PM EDT
He signed a six-year, $36 million deal with Columbus.
Jul 3, 2015, 5:44 PM EDT
“Joel is a quality veteran player who can score but also plays an extremely hard-nosed brand of hockey.”
Jul 3, 2015, 5:00 PM EDT
Could make things interesting next season.
Jul 3, 2015, 4:00 PM EDT
Brings a wealth of success, experience at AHL, collegiate levels.
- Report: Plotnikov paid $500K to get out of KHL contract 8
- Philadelphia signs ’15 first rounder Provorov 8
- Brandon Saad brings championship experience to Blue Jackets 20
- Sharks sign Joel Ward to three-year deal 21
- Sabres lock up O’Reilly through 2022-23 71
- Locked in: Columbus signs Saad to six-year, $36M deal 27
- Oilers sign McDavid to entry-level contract 29
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Voynov takes plea, gets 90 days in jail plus probation 66
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick (73)