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.
Jul 6, 2015, 9:59 PM EDT
25-year-old defenseman struggled mightily last season.
Jul 6, 2015, 8:48 PM EDT
Connor McDavid’s running mate in Erie was the OHL’s leading scorer last season.
Jul 6, 2015, 7:25 PM EDT
Quebec City and Las Vegas have already expressed interest.
Jul 6, 2015, 6:08 PM EDT
Russian forward is coming off a solid rookie campaign.
Jul 6, 2015, 5:48 PM EDT
It’s now a crowded crease in Edmonton.
Jul 6, 2015, 5:26 PM EDT
For the third straight year.
Jul 6, 2015, 4:29 PM EDT
That’s him in the blue shirt, standing next to ex-NHL goalie Dan Cloutier… who is 6’1.
Jul 6, 2015, 3:13 PM EDT
Spent last year with Colorado’s AHL affiliate.
Jul 6, 2015, 2:37 PM EDT
Click for all the cap hits.
Jul 6, 2015, 2:17 PM EDT
His Kelowna Rockets went to the 2015 Memorial Cup.
Jul 6, 2015, 12:55 PM EDT
“You basically say, ‘I have no idea what’s going on, but it’s a great place to play and we have great fans and a great stadium.'”
Jul 6, 2015, 12:02 PM EDT
Played 59 games for the Sabres last season.
Jul 6, 2015, 11:23 AM EDT
“He gets to come in and have a heck of a year and put the screws to us.”
Jul 6, 2015, 10:52 AM EDT
They have the arena, but not the potential owner.
Jul 6, 2015, 10:12 AM EDT
Finished with a career-high 18 goals last season in Vancouver.
Jul 6, 2015, 9:58 AM EDT
Can become an unrestricted free agent next summer.
Jul 6, 2015, 9:00 AM EDT
The 23-year-old could be in line for a significant raise.
Jul 6, 2015, 8:00 AM EDT
Monday’s collection of links.
Jul 5, 2015, 10:00 PM EDT
He struggled in his first year pro split between the AHL and ECHL.
Jul 5, 2015, 8:06 PM EDT
He was bought out by Carolina last week.
- Bruins sign three — Hayes, Connolly, and DeFazio 10
- Babcock expects Kadri to be ‘an elite player’ 14
- No expansion bid expected from Kansas City 32
- Leafs sign Matthias — one year, $2.3 million 17
- Report: Kopitar, Kings in ‘early stages of negotiations’ for extension 12
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 13
- Report: Plotnikov paid $500K to get out of KHL contract 14
- Philadelphia signs ’15 first rounder Provorov 12
- Brandon Saad brings championship experience to Blue Jackets 22
- Sharks sign Joel Ward to three-year deal 25