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.
Dec 7, 2013, 7:48 PM EST
Dec 7, 2013, 7:25 PM EST
Will not return.
Dec 7, 2013, 7:01 PM EST
Pair of forwards going to San Jose.
Dec 7, 2013, 6:31 PM EST
Dallas unsuccessful on that power play.
Dec 7, 2013, 5:55 PM EST
He finished the game with four points.
Dec 7, 2013, 5:28 PM EST
Good news for Nashville.
Dec 7, 2013, 4:48 PM EST
After 20 seasons, this could be it.
Dec 7, 2013, 3:34 PM EST
He had three head or neck injuries last season.
Dec 7, 2013, 3:02 PM EST
He’s battled injuries the past two seasons.
Dec 7, 2013, 2:02 PM EST
He was their fourth-round pick in 2009.
Dec 7, 2013, 1:08 PM EST
He was the Panthers’ all-time leader in assists.
Dec 7, 2013, 12:13 PM EST
Losing blue liners is not optimal.
Dec 7, 2013, 10:54 AM EST
It’s getting grumpy in Winnipeg.
Dec 7, 2013, 10:02 AM EST
That’s a big sigh of relief for Boston.
Dec 7, 2013, 9:15 AM EST
It’s all about the chances.
Dec 7, 2013, 12:15 AM EST
Jean-Sebastien Giguere remains undefeated.
Dec 6, 2013, 11:59 PM EST
Watch the video to decide for yourself.
Dec 6, 2013, 11:10 PM EST
Blackhawks have now lost three in a row.
Dec 6, 2013, 10:36 PM EST
Tough two days for San Jose.
Dec 6, 2013, 10:15 PM EST
Next summer, they’ll be talking about shrinking goalie sweaters.
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