Jan 4, 2013, 9:03 AM EDT
The issue of contract variance — the amount a player’s salary can vary from season-to-season and start to finish in a multi-year deal — might be one that leads to some of the most noticeable post-lockout changes from a fan perspective.
Several teams took advantage of the old CBA’s loose rules when it came to how a contract could be structured to heavily front-load deals. That’s likely to change, but to what extent remains to be seen.
About a month ago, the NHL wanted to limit contract variance to 5%, but when it recently re-opened talks, it moved up to 10%. Now it looks like the NHL might be willing to go as high as 30% in terms of season-to-season variance, based on a CBC report.
The catch? They want the total variance capped at 60% of the highest-paid campaign.
In other words, Shea Weber, who was slated to earn $14 million in 2012-13 would have never been allowed to earn less than $8.4 million in any season of his contract if this proposed rule had existed last summer. Weber’s deal is heavily front-loaded and consequently, his cap hit is $7,857,143 despite his high initial salary.
The NHL’s reported offer is something the union might take issue with, as they previously wanted the minimum level to be 25% of the highest-paid season, according to the Globe and Mail.
Meanwhile, the NHL and NHLPA are expected to meet with mediators again today.
May 25, 2015, 12:00 AM EDT
Two sides to the coin in a shutout.
May 24, 2015, 10:33 PM EDT
Bolts take a 3-2 series to Tampa Bay.
May 24, 2015, 9:36 PM EDT
The Lightning are 7-0 when scoring the first goal in the playoffs.
May 24, 2015, 9:17 PM EDT
Degree of difficulty: high.
May 24, 2015, 9:15 PM EDT
Blocking shots can be a grind, too, after all.
May 24, 2015, 8:07 PM EDT
May 24, 2015, 7:37 PM EDT
No clarification on what would qualify as “dramatic.”
May 24, 2015, 6:52 PM EDT
Who will grab a 3-2 series lead?
May 24, 2015, 5:58 PM EDT
Can Anaheim grind this series out?
May 24, 2015, 4:45 PM EDT
Things weren’t a “perfect fit” for the blue liner in Nashville.
May 24, 2015, 3:45 PM EDT
He coached Edmonton to a 17-25-9 record after Dallas Eakins was fired in December.
May 24, 2015, 2:45 PM EDT
He’s gone nine games without a point.
May 24, 2015, 1:45 PM EDT
He has not played since April 24.
May 24, 2015, 1:00 PM EDT
He’s set to become an unrestricted free agent in July.
May 24, 2015, 12:30 PM EDT
He missed Game 4 due to an undisclosed injury.
May 24, 2015, 11:41 AM EDT
He owes St. Louis one more season.
May 24, 2015, 10:46 AM EDT
He has not coached since being fired by the Penguins last June.
May 24, 2015, 2:05 AM EDT
“Finally got a bounce.”
May 24, 2015, 12:52 AM EDT
Chicago wins another long overtime game.
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- Report: Blues will stick with Hitchcock ‘barring anything dramatic’ 11
- WATCH LIVE: Lightning at Rangers, Game 5 of Eastern Conference Final 0
- Kesler on wearing down Chicago: ‘No human can withstand that many hits’ 40
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- From healthy scratch to hero: Vermette scores OT winner for Blackhawks 60
- Video: Ducks score three goals in 37 seconds to take third-period lead 9
- WATCH LIVE: Ducks at Blackhawks, Western Conference Final Game 4 0
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