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.
Jul 7, 2015, 4:07 PM EDT
Backes and Schwartz have one season left on their contracts.
Jul 7, 2015, 2:38 PM EDT
Was most recently an assistant under Randy Carlyle in Toronto.
Jul 7, 2015, 1:09 PM EDT
Coming off a 37-goal season.
Jul 7, 2015, 1:08 PM EDT
“He’s a reliable depth forward who we know is capable of contributing offensively at either level.”
Jul 7, 2015, 12:41 PM EDT
It’s been a long negotiation.
Jul 7, 2015, 11:59 AM EDT
Stepped in to play the final four games of the Stanley Cup Final.
Jul 7, 2015, 10:41 AM EDT
Milwaukee is trying to get a new arena built.
Jul 7, 2015, 10:05 AM EDT
Jarmo Kekalainen brings a local boy into the organization.
Jul 7, 2015, 9:00 AM EDT
“He’s obviously a great talent.”
Jul 7, 2015, 8:00 AM EDT
In ESPN’s The Body Issue, of course.
Jul 6, 2015, 11:22 PM EDT
“It happened pretty fast. All of a sudden two fingers are not working.”
Jul 6, 2015, 9:59 PM EDT
25-year-old defenseman struggled mightily last season.
Jul 6, 2015, 8:48 PM EDT
Connor McDavid’s running mate in Erie was the OHL’s leading scorer last season.
Jul 6, 2015, 7:25 PM EDT
Quebec City and Las Vegas have already expressed interest.
Jul 6, 2015, 6:08 PM EDT
Russian forward is coming off a solid rookie campaign.
Jul 6, 2015, 5:48 PM EDT
It’s now a crowded crease in Edmonton.
Jul 6, 2015, 5:26 PM EDT
For the third straight year.
Jul 6, 2015, 4:29 PM EDT
That’s him in the blue shirt, standing next to ex-NHL goalie Dan Cloutier… who is 6’1.
Jul 6, 2015, 3:13 PM EDT
Spent last year with Colorado’s AHL affiliate.
Jul 6, 2015, 2:37 PM EDT
Click for all the cap hits.
- Big money: Tarasenko signs eight-year, $60 million extension with Blues 57
- Blackhawks extend TVR through 2017-18 3
- Good start: McDavid scores five in Oilers scrimmage 27
- Caps ink Kuznetsov to two-year, $6 million extension 9
- Bruins sign three — Hayes, Connolly, and DeFazio 12
- Babcock expects Kadri to be ‘an elite player’ 15
- No expansion bid expected from Kansas City 37
- Leafs sign Matthias — one year, $2.3 million 17
- Report: Kopitar, Kings in ‘early stages of negotiations’ for extension 12
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 15