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.
Apr 1, 2015, 12:40 AM EDT
No call on that play.
Apr 1, 2015, 12:04 AM EDT
That’s big for Ottawa.
Mar 31, 2015, 11:31 PM EDT
This was an eventful game.
Mar 31, 2015, 10:57 PM EDT
Could supplemental discipline be on the way?
Mar 31, 2015, 10:09 PM EDT
Florida had the lead in the third period.
Mar 31, 2015, 9:38 PM EDT
Could Vancouver’s veteran defenseman be looking at a suspension?
Mar 31, 2015, 8:58 PM EDT
Scored 32 goals in 37 games this season.
Mar 31, 2015, 8:13 PM EDT
Mar 31, 2015, 7:59 PM EDT
Joins Bossy, Gretzky, Dionne, Lafleur and Lemieux.
Mar 31, 2015, 7:49 PM EDT
3rd-round pick if it happens after the season, 2nd-rounder if it happens in-season.
Mar 31, 2015, 6:59 PM EDT
University of Minnesota blueliner inching closer to free agency.
Mar 31, 2015, 6:41 PM EDT
So the Hart will not, as some have suggested, become the Gretzky.
Mar 31, 2015, 5:30 PM EDT
Blackhawks duo “had a good thing going.”
Mar 31, 2015, 4:32 PM EDT
Not just a team that scores a lot of goals.
Mar 31, 2015, 3:38 PM EDT
Could really use a win tonight versus the Rangers.
Mar 31, 2015, 2:40 PM EDT
“I can speak from experience that home ice matters.”
Mar 31, 2015, 2:13 PM EDT
News and notes from around the crease…
Mar 31, 2015, 1:59 PM EDT
Florida’s season is essentially on the line.
Mar 31, 2015, 1:15 PM EDT
Sportsnet’s Stephen Brunt, not pulling any punches.
Mar 31, 2015, 1:05 PM EDT
He was Florida’s first-round pick (23rd overall) at the 2012 NHL Entry Draft.
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