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.
Jan 30, 2015, 12:17 AM EST
Head coach Mike Yeo said he earned that goose egg, too.
Jan 29, 2015, 11:47 PM EST
So much for some rest for Frederik Andersen.
Jan 29, 2015, 11:17 PM EST
Two youngsters change teams.
Jan 29, 2015, 10:22 PM EST
A bit of a statement from Tampa Bay?
Jan 29, 2015, 9:51 PM EST
A bitter game at times.
Jan 29, 2015, 9:44 PM EST
Oliver Ekman-Larsson catches him sleeping.
Jan 29, 2015, 9:33 PM EST
Another strong game on NBCSN.
Jan 29, 2015, 8:49 PM EST
Nice applause in his return to Ottawa.
Jan 29, 2015, 8:19 PM EST
Jan 29, 2015, 7:12 PM EST
To some extent, it was about staying closer to the game.
Jan 29, 2015, 6:17 PM EST
Bask in a budding rivalry.
Jan 29, 2015, 5:28 PM EST
The first of a Thursday night doubleheader on NBCSN.
Jan 29, 2015, 4:36 PM EST
The Coyotes and Canucks, that’s who.
Jan 29, 2015, 3:36 PM EST
In the wake of the controversial injury to Derek Dorsett.
Jan 29, 2015, 3:29 PM EST
News and notes from around the crease…
Jan 29, 2015, 3:07 PM EST
Hopefully he can stay healthy this time.
Jan 29, 2015, 2:45 PM EST
“Consistency is still a word that we use constantly around here, bringing it all the time, and being emotionally attached to the games.”
Jan 29, 2015, 2:21 PM EST
Just months after COO John Collins said that jersey sponsorship “is coming” to the league.
Jan 29, 2015, 2:06 PM EST
“We’ve gotten better, and we’ve got to keep getting better.”
Jan 29, 2015, 1:51 PM EST
But the reigning Stanley Cup champs will have to share the stage with another L.A. team.
- Lightning ride Paquette’s first hat trick to Atlantic lead 4
- Price wins goalie duel vs. Lundqvist as Habs edge Rangers 2
- Leafs’ luck: Bernier gives up long distance goal, things unravel in third 15
- AHL announces new Pacific Division — who could go west next? 33
- Babcock didn’t think Wings would be ‘near where we’re at’ 15
- Brodeur announces retirement, leaves ‘the game with a big smile on my face’ 15
- NHL on NBCSN: Sharks’ ‘dog fight’ continues vs. red hot Ducks 4
- NHL on NBCSN: Rangers, Canadiens seek edge as divisional battles intensify 2
- Struggling Kings complete the comeback against Blackhawks 11
- Video: Tempers boil over between Capitals, Penguins 46