Jan 3, 2013, 10:59 AM EDT
It appears the NHL and NHLPA are getting closer on a number of sticking points for a new CBA, including a key one for 2013-14.
The league has reportedly agreed to two compliance buyouts per team next season, according to Sportsnet’s Michael Grange. This would coincide with a salary cap decrease for 2013-14, which is believed to be in the $10 million neighborhood (from $70.2 this year to around $60 million.)
Under the league’s proposal, each team would be allowed two buyouts that wouldn’t count against the cap but, according to CBC’s Elliotte Friedman, will count against hockey-related revenue.
The NBA put a similar clause in its recently signed CBA. Notably, the “amnesty” provision allowed the Magic to bid adieu to Gilbert Arenas and the Knicks to rid themselves of Chauncey Billups’ contract (so they could afford Tyson Chandler).
As Brough mentioned in an earlier post, there are a number of NHL teams that would be in financial trouble should the cap drop to $60 million for 2013-14. (He also wrote about a few likely buyout candidates.)
Montreal’s Scott Gomez, Toronto’s Mike Komisarek, Vancouver’s Keith Ballard and Calgary’s Matt Stajan are all viable buyout options given how much cap space they eat (all have cap hits of at least $3.5 million per season) and the fact none are signed past 2015.
Buying out players with long-term contracts is less likely, as those players will still need to be paid their salaries according to the buyout formula.
Of course, there could be an exception allowing teams to assume part of the salary of a bought out player.
- Flyers’ Mason broke his right pinky finger playing ball hockey 11
- Lindros, LeClair and Desjardins to be inducted into the Flyers Hall of Fame 56
- It’s back! PHT’s Team of the Day summer series starts tomorrow 7
- Pens sign Spaling — two years, $4.4 million 13
- Agent: Subban hasn’t told me to make him NHL’s highest-paid D 30
- Devils sign Greene to five-year, $25M extension 18
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 46
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 59
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Report: Trottier to join Sabres’ coaching staff 21
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (59)
- Lindros, LeClair and Desjardins to be inducted into the Flyers Hall of Fame (57)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (46)
- Trotz plans to let Johansson, Kuznetsov, and Burakovsky compete for time at center (45)