Jan 4, 2013, 9:03 AM EST
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.
Jan 28, 2015, 3:02 PM EST
The Los Angeles Kings are bad at the shootout, and the Buffalo Sabres are good at it.
Jan 28, 2015, 2:15 PM EST
News and notes from around the crease…
Jan 28, 2015, 1:51 PM EST
An incident against Philly on Jan. 19 was the straw that broke the camel’s back.
Jan 28, 2015, 1:39 PM EST
Chris Stewart remains a member of the worst team in the NHL.
Jan 28, 2015, 1:39 PM EST
“We’re not giving up on him at all.”
Jan 28, 2015, 1:16 PM EST
Someone check the water in Columbus.
Jan 28, 2015, 1:11 PM EST
“That was a team with tremendous character, with great coaches, great players and quality individuals. “
Jan 28, 2015, 12:51 PM EST
Habs’ d-man was tossed from Tuesday night’s game.
Jan 28, 2015, 11:52 AM EST
“It shouldn’t be a part of hockey,” said Canucks captain Henrik Sedin.
Jan 28, 2015, 11:51 AM EST
Could be bad news. Could be good. All depends who you cheer for.
Jan 28, 2015, 11:33 AM EST
Boston d-man has struggled this season, but could be on the move by Mar. 2.
Jan 28, 2015, 11:17 AM EST
Los Angeles is currently out of the West’s top eight.
Jan 28, 2015, 11:16 AM EST
“Show up to your job, and you’re off suspension.”
Jan 28, 2015, 11:08 AM EST
Jim Rutherford, really working the phones.
Jan 28, 2015, 10:36 AM EST
“I got nothing left here.”
Jan 28, 2015, 9:45 AM EST
Both teams played last night.
Jan 28, 2015, 8:46 AM EST
Wednesday’s links lean toward a legend.
Jan 28, 2015, 1:45 AM EST
Vancouver has now been shutout in back-to-back home games.
Jan 28, 2015, 1:00 AM EST
Pittsburgh was without Crosby and Malkin.
Jan 28, 2015, 12:15 AM EST
He’s going to need some dental work.
- Isles’ Clutterbuck latest to be fined for diving 13
- No hearing scheduled for Kesler after ‘dirty play’ on Dorsett 19
- Why NHL fans — no matter where they live — should care about the plunging Canadian dollar 17
- Trade: Pens acquire Lapierre from Blues for Goc 61
- Video: Habs’ Emelin ejected for hit on Stars’ Spezza 28
- Martin Brodeur to retire, become Blues asst. GM (Updated) 41
- Mike Richards clears waivers 32
- Game on: Islanders-Rangers to be played despite storm 15
- Flyers’ Rinaldo suspended eight games for his hit on Letang 57
- Isles’ rise to be tested as they lose Okposo for 6-8 weeks 17
- Columnist: Flyers ‘orchestrated’ fight night versus Pens during meal at ‘a local steakhouse’ (130)
- L.A. Sorry? Kings waive Mike Richards (127)
- Report: Flyers’ Rinaldo waives right to an in-person hearing (63)
- Trade: Pens acquire Lapierre from Blues for Goc (61)
- Video: NHL offers Flyers’ Rinaldo in-person hearing (57)