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.
Sep 2, 2014, 10:48 PM EDT
He’s already great defensively.
Sep 2, 2014, 9:23 PM EDT
Gaudreau isn’t a lock to make the team either.
Sep 2, 2014, 8:00 PM EDT
He played a key role in Guelph winning the 2014 OHL championship.
Sep 2, 2014, 6:35 PM EDT
He’ll have a difficult time winning the backup job over Martin Jones.
Sep 2, 2014, 5:12 PM EDT
He was selected with the ninth overall pick in 2014.
Sep 2, 2014, 4:05 PM EDT
He still has a season left on his existing contract.
Sep 2, 2014, 3:40 PM EDT
He’s not the only Russian star linked to the KHL recently.
Sep 2, 2014, 2:22 PM EDT
Which unsigned vets will look to win jobs at camp?
Sep 2, 2014, 1:28 PM EDT
All at 75/1, respectively.
Sep 2, 2014, 12:14 PM EDT
Johansen, Krug, DeKeyser and more…
Sep 2, 2014, 11:18 AM EDT
The trio missed all of last year’s playoff run.
Sep 2, 2014, 10:23 AM EDT
Veteran AHLer had previously spent time with the Canucks, Avalanche and Islanders organizations.
Sep 2, 2014, 9:15 AM EDT
“I think it’s a great time for the Detroit Red Wings.”
Sep 2, 2014, 8:00 AM EDT
Tuesday’s collection of links.
Sep 1, 2014, 11:00 PM EDT
Easy to see why.
Sep 1, 2014, 9:01 PM EDT
Edmonton wants to assess Leon Draisaitl, it seems.
Sep 1, 2014, 7:33 PM EDT
Sixteen of their first 21 games are on the road.
Sep 1, 2014, 6:05 PM EDT
Part two of today’s Labor Day posts.
Sep 1, 2014, 4:22 PM EDT
Part one of two Labor Day “theme” posts.
Sep 1, 2014, 2:55 PM EDT
The new Penguins bench boss previously coached the young defenseman.
- Treliving would be ‘shocked’ if Bennett sticks with Flames in 14-15 3
- With training camps looming, a look at some key unsigned RFAs 8
- Workhorse goalies, forwards from last season 15
- Five interesting players still on UFA market 41
- Trotz will still cheer for Preds ‘like crazy’ 4
- Hextall: Advanced statistics small, but meaningful part of Kings’ success 7
- Hayes sees opportunity with Rangers 28
- Fanspeak: Martin Brodeur named greatest Devil in franchise history 15
- Devils’ Gomez considered retirement 7
- It’s New Jersey Devils day on PHT 22