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.
Mar 6, 2015, 12:41 PM EST
The Scotiabank Saddledome opened in 1983.
Mar 6, 2015, 12:38 PM EST
It’s likely he’ll take the morning skate on Saturday.
Mar 6, 2015, 12:08 PM EST
“It was a mutual agreement between both parties.”
Mar 6, 2015, 11:50 AM EST
Hence, all the trades.
Mar 6, 2015, 11:43 AM EST
Huge blow to Colorado’s already slim playoff chances.
Mar 6, 2015, 11:01 AM EST
A bad week for the Jets and Canucks.
Mar 6, 2015, 10:53 AM EST
Which is good, considering he’s in the final year of his entry-level deal.
Mar 6, 2015, 9:50 AM EST
Both players were scheduled to become restricted free agents after this season.
Mar 6, 2015, 9:45 AM EST
He was handed the key to the city on Thursday in Ottawa.
Mar 6, 2015, 8:50 AM EST
He’s been out of the lineup since Feb. 13.
Mar 6, 2015, 8:00 AM EST
Friday’s collection of links.
Mar 6, 2015, 1:36 AM EST
Minnesota, Calgary and L.A. all win on Thursday.
Mar 6, 2015, 12:34 AM EST
Philly comes back with three goals in the third period.
Mar 6, 2015, 12:02 AM EST
Arizona snaps 10-game losing streak.
Mar 5, 2015, 11:46 PM EST
Mar 5, 2015, 11:02 PM EST
Brock Nelson scored the winner.
Mar 5, 2015, 10:23 PM EST
“That. Just. Happened!”
Mar 5, 2015, 10:11 PM EST
“It’s humbling there’s no question.”
Mar 5, 2015, 9:16 PM EST
Once a 30-goal scorer in the NHL.
Mar 5, 2015, 8:40 PM EST
Curtis McKenzie drops the gloves.
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