Jan 8, 2013, 11:02 AM EDT
More details of the NHL’s new CBA were unearthed on Monday, with a big one — teams gaining the right to retain salary in trades — getting plenty of reaction across the league.
The rule, as according to ESPN’s Pierre LeBrun:
A club cannot absorb more than 50 percent of the players’ annual cap hit/salary in any trade. Any NHL club can only have up to three contracts on their payroll in which the contract was traded away under the retaining salary proviso.
Also, only up to 15 percent of your upper limit cap amount can be used up by the money you have retained in trades.
Take, for example, San Jose Sharks forward Patrick Marleau, who has two years remaining on his four-year, $27.6 million deal — he’s owed $6.9 million in salary annually and carries a $6.9 million cap hit.
Now, say the Sharks want to trade him to Montreal. (NOTE: Marleau has a no movement clause. ANOTHER NOTE: Montreal is mentioned solely for example purposes.)
The new rule would allow San Jose to absorb $3.45 million in both salary and cap hit to facilitate the deal, leaving Montreal to pay the remaining $3.45 million.
Pretty interesting, huh?
The key part is it’ll allow much more flexibility when it comes to flipping players, especially guys with big price tags.
In the case of Marleau (who’s been the subject of trade rumors for a while), one sticking point has always been his contract — he has the NHL’s 23rd-highest cap hit for 2013-14, a hefty chunk of change that potential suitors would have a tough time swallowing.
Chop the incoming cap hit in half, though, and the deal suddenly becomes much easier to stomach.
Apr 20, 2014, 1:11 PM EDT
Pittsburgh dropped Game 2 against Columbus.
Apr 20, 2014, 12:23 PM EDT
The Bruins are one of the most effective teams in the league with the man advantage.
Apr 20, 2014, 11:31 AM EDT
He was pulled late in Friday’s game.
Apr 20, 2014, 11:15 AM EDT
The contest will start at 12:00 p.m. ET.
Apr 20, 2014, 10:51 AM EDT
He has seven points in his first two playoff games.
Apr 20, 2014, 9:58 AM EDT
With a two-goal lead, Pittsburgh had four forwards on during a power play, which proved to be the turning point of this game.
Apr 20, 2014, 9:06 AM EDT
Meanwhile the Lightning are in a dangerous position.
Apr 20, 2014, 1:15 AM EDT
“You can’t defend on your heels,” Ryan Suter said.
Apr 20, 2014, 12:35 AM EDT
Colorado overcomes some strange officiating late in Game 2.
Apr 19, 2014, 11:56 PM EDT
Colorado’s rookie sensation is inspiring some bold words.
Apr 19, 2014, 11:19 PM EDT
Colorado might want to keep Gabriel Landeskog and Nathan MacKinnon together.
Apr 19, 2014, 10:54 PM EDT
Special teams factored in.
Apr 19, 2014, 10:37 PM EDT
Apr 19, 2014, 10:33 PM EDT
The defenseman last played in the first period.
Apr 19, 2014, 10:18 PM EDT
He’s clearly not wilting in the postseason spotlight.
Apr 19, 2014, 9:55 PM EDT
Columbus has been in the NHL since the 2000-01 season.
Apr 19, 2014, 8:52 PM EDT
More magic from Paul Stastny?
Apr 19, 2014, 8:36 PM EDT
Quite a busy 2:26 of ice time.
Apr 19, 2014, 7:57 PM EDT
“I have to be better.”
Apr 19, 2014, 7:22 PM EDT
The Blues coach mostly pleads the fifth.
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- Flyers’ Mason out of Game 2, Emery to start again 51
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