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.
Mar 8, 2014, 9:03 AM EST
He hasn’t taken a penalty yet this season.
Mar 8, 2014, 2:05 AM EST
Marc-Andre Fleury was busy in this one.
Mar 8, 2014, 1:11 AM EST
On a special night for one of the franchise’s greats.
Mar 8, 2014, 12:24 AM EST
This is just…sick. But awesome, too.
Mar 8, 2014, 12:05 AM EST
Played nine seasons in Calgary.
Mar 7, 2014, 11:19 PM EST
Last shift came late in first period.
Mar 7, 2014, 11:03 PM EST
Goals, goals and more goals in this one.
Mar 7, 2014, 10:28 PM EST
His first NHL start since Feb. 8.
Mar 7, 2014, 10:02 PM EST
Remember that blockbuster trade the other day?
Mar 7, 2014, 9:27 PM EST
Just keeps on going.
Mar 7, 2014, 9:04 PM EST
Happened 10 years ago Saturday.
Mar 7, 2014, 8:26 PM EST
Ottawa in a battle to make the playoffs.
Mar 7, 2014, 7:22 PM EST
He’s one of the top scorers for AHL Utica.
Mar 7, 2014, 6:35 PM EST
And the Stanley Cup, obviously.
Mar 7, 2014, 5:48 PM EST
He was New York’s leading scorer at the time of injury.
Mar 7, 2014, 4:51 PM EST
Click for the video of the NHL’s explanation.
Mar 7, 2014, 4:00 PM EST
Plus five NHL games to watch this weekend.
Mar 7, 2014, 2:49 PM EST
News and notes from around the blue paint…
Mar 7, 2014, 2:35 PM EST
Failed to “turn on the charm,” apparently.
Mar 7, 2014, 1:24 PM EST
More praise for them on Thursday after previously calling them the best team in the NHL.
- Roberto Luongo records the shutout in first game back with Panthers 17
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack 53
- Canucks’ Kassian gets three games for boarding Dillon 26
- TGIF: Why Lightning fans can be upset with St. Louis 32
- Goalie nods: Luongo’s first game back with Panthers, Neuvirth makes Sabres debut 14
- Report: Kuznetsov terminated KHL deal, headed to Washington 21
- Canucks’ Bieksa: ‘If this isn’t rock bottom, I don’t know what is’ 34
- Luongo has Twitter fun at Canucks’ expense 36
- Sabres spoil Callahan’s Lightning debut, Stamkos’ return 7
- Dealing with the Devils: NHL reverses Kovalchuk punishment 49
- Canucks trade Luongo to Panthers (93)
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Report: Canucks want center, top prospect and first-rounder for Kesler (68)
- Sabres announce Pat LaFontaine resigns as president of hockey operations (66)