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.
Aug 21, 2014, 11:00 PM EDT
He’ll have a battle to make the NHL next season.
Aug 21, 2014, 10:00 PM EDT
He died in the plane crash that killed the Lokomotiv Yaroslavl team in 2011.
Aug 21, 2014, 9:00 PM EDT
The NHL changed the process for the Draft Lottery on Wednesday.
Aug 21, 2014, 7:33 PM EDT
We know it’s not surprising, but just go along with it.
Aug 21, 2014, 6:24 PM EDT
A Stanley Cup and a Conn Smythe in separate years is a nice legacy.
Aug 21, 2014, 5:15 PM EDT
No one scored more Pens goals than he did the past three seasons.
Aug 21, 2014, 4:08 PM EDT
Call it an audition if you want.
Aug 21, 2014, 2:39 PM EDT
“He has instructed me to do all I can to facilitate a return to the Twin Cities.”
Aug 21, 2014, 2:04 PM EDT
He was quite good.
Aug 21, 2014, 1:11 PM EDT
“Nor is he very smart to have made untrue defamatory statements such as these.”
Aug 21, 2014, 12:32 PM EDT
“I talked with Todd today, and he never mentioned anything about captains or assistant captains.”
Aug 21, 2014, 11:47 AM EDT
All the first-time NHL head coach has to do is get Pittsburgh to the promised land. No biggie.
Aug 21, 2014, 10:40 AM EDT
Or until a successor is found.
Aug 21, 2014, 10:01 AM EDT
The 23-year-old defenseman may get a real shot this season.
Aug 21, 2014, 9:00 AM EDT
They were teammates in Calgary for two seasons.
Aug 21, 2014, 8:00 AM EDT
The pressure is on Sid and Geno now after a summer of change.
Aug 20, 2014, 11:00 PM EDT
And it was all The Great One’s idea.
Aug 20, 2014, 10:00 PM EDT
He can be an unrestricted free agent next summer.
Aug 20, 2014, 9:02 PM EDT
Recovery from offseason wrist surgery put things in doubt.
Aug 20, 2014, 7:55 PM EDT
He missed most of last season with a torn ACL.
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