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 4, 2015, 11:19 PM EDT
Washington needs its bottom-six forwards to keep contributing in order to go deep into the playoffs.
May 4, 2015, 10:28 PM EDT
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May 4, 2015, 9:40 PM EDT
It’s part of the leadup to the Detroit vs. Colorado outdoor game.
May 4, 2015, 9:04 PM EDT
Andre Burakovsky got his first career playoff point.
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May 4, 2015, 7:25 PM EDT
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May 4, 2015, 6:56 PM EDT
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Big news from the Devils.
May 4, 2015, 3:31 PM EDT
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May 4, 2015, 3:10 PM EDT
“I have to get to the inside; that’s the biggest thing.”
May 4, 2015, 2:28 PM EDT
The Ducks have been deadly on the power play, unlike during the regular season.
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Youth-laden squad continues to impress.
May 4, 2015, 1:12 PM EDT
“If it means allowing players to go to free agency, if it means making players sweat it out on what their deal’s going to be, he’s the priority for us.”
May 4, 2015, 1:07 PM EDT
Virtanen was the sixth overall pick in the 2014 draft.
May 4, 2015, 12:49 PM EDT
Jets’ AHL team will play at the MTS Centre next season.
May 4, 2015, 12:34 PM EDT
He’s hoping to “find a way to get a bigger role.”
May 4, 2015, 11:37 AM EDT
“Prust has engaged himself in something that’s going to take him into an area where he doesn’t want to be part of.”
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