Jan 3, 2013, 10:59 AM EST
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.
Jan 31, 2015, 11:17 PM EST
Boston maintaining their hold on a Wild Card spot.
Jan 31, 2015, 10:23 PM EST
Maybe February will be better?
Jan 31, 2015, 9:44 PM EST
Battle of Alberta isn’t what it used to be.
Jan 31, 2015, 8:57 PM EST
Scary moment, but he has stayed in the game.
Jan 31, 2015, 8:27 PM EST
Goal No. 715 of his career.
Jan 31, 2015, 8:14 PM EST
Short-handed, too! *Thumbs up*
Jan 31, 2015, 7:43 PM EST
Starting Sunday, these teams will play each other three times in 16 days.
Jan 31, 2015, 7:16 PM EST
Obviously not smart.
Jan 31, 2015, 6:46 PM EST
Allowed five goals on 20 shots.
Jan 31, 2015, 6:19 PM EST
Two losses in a row for the Islanders.
Jan 31, 2015, 5:53 PM EST
Was put on waivers, cleared, and sent to the minors this week.
Jan 31, 2015, 5:22 PM EST
Took part in team skate on Saturday.
Jan 31, 2015, 4:47 PM EST
Detroit is forcing itself into the Stanley Cup conversation.
Jan 31, 2015, 4:08 PM EST
Montreal has put pressure on Tampa Bay in the battle for the Eastern Conference lead.
Jan 31, 2015, 2:48 PM EST
He has a degenerative back injury that might lead to career-ending surgery.
Jan 31, 2015, 1:56 PM EST
He gave up five goals against them on Jan. 10.
Jan 31, 2015, 12:57 PM EST
Meanwhile Philadelphia will try to win its fourth straight game.
Jan 31, 2015, 11:57 AM EST
They’ve surpassed the early season expectations.
Jan 31, 2015, 10:11 AM EST
But he seems very reluctant on the matter.
- Leafs scoring slump hits historical low 7
- Video: Rangers’ Lundqvist takes puck to the neck 2
- Zamboni driver arrested for DUI, allegedly cleaned ice surface while drunk 10
- Mike Richards trying to make the best of being sent to the AHL 8
- Price leads Habs past Caps with second straight shutout 8
- Report: Rob Blake would be Brendan Shanahan’s first choice to replace Dave Nonis 5
- Bettman would be ‘kicking and screaming’ before NHL jerseys have ads 26
- Comparing the records of all 30 teams in the last two months 61
- Lightning ride Paquette’s first hat trick to Atlantic lead 8
- Price wins goalie duel vs. Lundqvist as Habs edge Rangers 4