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.
May 22, 2015, 9:20 AM EDT
Almost always a good way to go.
May 22, 2015, 8:31 AM EDT
May 22, 2015, 1:30 AM EDT
Ducks trying to make life miserable for Chicago’s goalie.
May 22, 2015, 1:00 AM EDT
Game 4 goes Saturday in Chicago.
May 22, 2015, 12:12 AM EDT
So, what will the coach do for Game 4?
May 21, 2015, 11:17 PM EDT
Chicago’s power play came up empty.
May 21, 2015, 10:36 PM EDT
Talk about timing.
May 21, 2015, 10:26 PM EDT
Quite a sequence.
May 21, 2015, 9:15 PM EDT
‘Showtime’ strikes late in the period.
May 21, 2015, 8:05 PM EDT
Coach Q, shaking it up.
May 21, 2015, 7:49 PM EDT
Pittsburgh GM won’t stand in the way.
May 21, 2015, 6:58 PM EDT
Hit knocked the veteran d-man out of Game 3.
May 21, 2015, 6:10 PM EDT
“To have a guy of his ilk, considered one of the best coaches in the National Hockey League, taking a real good hard look at us in Buffalo after a 30th-place finish — I thought the process was great.”
May 21, 2015, 5:26 PM EDT
Two-way contract for Karpat’s playoff scoring sensation.
May 21, 2015, 5:15 PM EDT
A wide range of topics.
May 21, 2015, 4:15 PM EDT
“It’s something that we’re working on everyday. We’re trying to do it behind closed doors and away from public scrutiny.”
May 21, 2015, 4:02 PM EDT
“Word choice matters, even when attempting to be humorous.”
May 21, 2015, 2:58 PM EDT
Recently represented the United States at the worlds.
May 21, 2015, 2:44 PM EDT
As many as six new head coaches could still be named.
May 21, 2015, 1:54 PM EDT
Coaches be getting paid.
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