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Report: Iginla bonuses will cost Bruins next season

Apr 6, 2014, 5:58 PM EDT

JaromeIginla Getty Images

The Boston Bruins have to be happy that they decided to sign Jarome Iginla over the summer. Although he wasn’t able to play on Saturday, Iginla has been one of their best players with 30 goals and 61 points in 76 games.

That success comes with a price though and it looks like it’s one the Bruins won’t be able to pay this season. The 36-year-old forward was eligible to sign a contract that was heavy in bonuses because of his age and the Bruins took advantage of that to ink him to a one-year, $1.8 million deal with the potential for an additional $4.2 million in performance bonuses.

The reason Boston went that route is because it kept his cap hit artificially low — at least temporarily. Teams are allowed to breach the salary cap ceiling through bonuses, but if they do so, then the excess carries over to the following season. With that in mind, the Boston Bruins are expected to have a cap penalty of around $4.5 million in 2014-15 due to Iginla, Dougie Hamilton, and Torey Krug‘s bonuses, according to the Boston Globe.

That’s a sizable disadvantage and ironically might get in the way of the Bruins’ goal to re-sign Iginla. Boston already has around $62 million committed to the 2014-15 campaign, not counting the penalty and the salary cap is projected to be about $70 million.

They will have some flexibility because Marc Savard‘s annual hit of roughly $4 million will be negated by putting him on the long-term injured reserve list, but the Bruins also have a handful of restricted free agents to re-sign. In other words, Boston doesn’t have a lot of breathing room going into the summer.

  1. matt14gg - Apr 6, 2014 at 6:16 PM

    For all the people out there who think the NHL favors the Boston Bruins (usually the culprit is the fact Gregory Campbell’s dad works for the league), I invite you to mull one of the most staggering statistics I’ve seen in a LONG time. If anything the Bruins are the team that gets the LEAST amount of favoritism by the league…and it isn’t even close.

    http://www.nhl.com/ice/teamstats.htm?fetchKey=20142ALLSAAAll&sort=teamPenaltyDetail.powerplaySeconds&viewName=powerPlayTime

    • esracerx46 - Apr 6, 2014 at 6:22 PM

      Conspiracy theorists are dumb. the only thing worse is the people that go way out of their way to try and disprove them. you just add fuel to their fire.

      As for the cap hit, it’s worth it if they win. otherwise I hope they’re not hamstrung too much.

    • packerswin96 - Apr 6, 2014 at 7:55 PM

      Boston is -40 in terms of pp and pk, Montreal is -8. Not that big of a difference in a 82 game season.

    • sjsharks66 - Apr 6, 2014 at 8:47 PM

      That proves nothing. They are favorites, just like the Hawks, with NBC announcers. They all want those 2 teams to go to the finals again, as if everyone who is not a Hawk/Bruin fan is not sick of both teams in the finals. Last years finals were terrible. It’s like “Oh… 2 teams that have won in the last 4 years. How entertaining!?’. At least that is how I saw it. I will admit I was pulling for the Bruins though. I enjoy them as a team. Sometimes they open their mouths and look silly, sometimes they are a little cheap. Always a fun time watching though.

      • hawkeytown - Apr 6, 2014 at 9:55 PM

        I agree 100%…. My favorite finals is any one that the Sharks have played in.

      • esracerx46 - Apr 6, 2014 at 10:55 PM

        Ouch! Try to keep em up. That was below the belt.

      • rotoscholar - Apr 7, 2014 at 10:13 AM

        If you think NBC wants Boston in the Cup more than they want Pittsburgh or Toronto, you either don’t watch enough hockey on NBC or you were high on bath salts when you wrote that.

        If you don’t think last year’s finals was EXCELLENT hockey and did not feature the leagues top 2 teams, you either don’t know anything about hockey or you were high on bath salts when you wrote that.

    • mp1131211 - Apr 7, 2014 at 3:09 AM

      Oh god! 50% of the reason no one like the Bruins is because they take cheap shots. 30% is because of Jack Edwards. And the remaining 20% is because of pity partying fans like you.

      • rotoscholar - Apr 7, 2014 at 10:18 AM

        People don’t like the Bruins, or any other Boston-area team for that matter, because they win. Plain and simple.

        Hockey fans outside of Boston’s traditional rival markets did not hate them until 2010 and 2011. Just like nobody outside of the AFC East cared about the Pats until SB 36, everyone had forgotten about the Celts until ’08, and a lot of people actually really liked the Sox until they beat the lovable Indians and Rockies in ’07.

    • dewman8810 - Apr 7, 2014 at 3:41 AM

      That’s because they have morons like Brad Marchand.

  2. slaugin - Apr 6, 2014 at 7:05 PM

    Doesn’t the cap go up next year by a few million?

    • bsaures - Apr 6, 2014 at 7:18 PM

      its 64 million this year and expected to be around 70 next year

      • esracerx46 - Apr 6, 2014 at 7:21 PM

        Not for the Bruins apparently.

      • killerpgh - Apr 6, 2014 at 7:52 PM

        The lasted rumored number I say was $69,196,625. That’s about $300,000 lower than the 1st projected number they put out.

      • bsaures - Apr 6, 2014 at 8:05 PM

        It will depend a lot on how the playoffs go financially thats where alot of the variability comes from. Boston should actually be wishing that Toronto makes the playoffs over Columbus because the differance in profits of a BOS vs TO series versus a BOS vs CLB series would easily be 10 million if it went 7 games.

    • jcmeyer10 - Apr 6, 2014 at 8:04 PM

      Yes but they have to pay other FA’s and draft picks.

  3. slaugin - Apr 6, 2014 at 7:25 PM

    So that extra 6 ,ill ion should be enough to take care of Iginla, also they could sign the same kind of contract with bonuses to keep the cap down next year

    • killerpgh - Apr 6, 2014 at 7:55 PM

      I just took a quick look at the current CBA and couldn’t find anything about the bonuses. But I’m 99% sure that wouldn’t have been allowing in the last CBA.

  4. slaugin - Apr 6, 2014 at 7:27 PM

    This is why I don’t understand the Edler attempt, how would they be able to take on a $5 million contract without sacrificing current assets next year.

  5. slaugin - Apr 6, 2014 at 7:34 PM

    As much as I like Chris Kelly in the role he plays, 3 mil is too much, they can prob move him free up some room and bring up spooner, Koko, or Frasor next year

    • pepper2011 - Apr 7, 2014 at 10:50 AM

      You can probably add Mcquaid, Paille and or Boychuk to that list too.

      I like all three of them but the emergence of Krug, Bartkowski, Miller and Hamilton has given the B’s the wonderful problem of having too many NHL ready defensemen.

      I know depth is good, but Warsofksy, Trotman and Morrow are also pretty close, and if they need not comfortable going so young; they can always go with Meszaros type move or signing a guy like Potter towards the deadline.

      • slaugin - Apr 7, 2014 at 7:56 PM

        Boychuck won’t be going anywhere, In my opinion he is the strongest Dman on the squad right now (With Seidenberg injured)

      • pepper2011 - Apr 8, 2014 at 3:26 PM

        Agree on being their best, although Miller is very quickly shooting up that ladder. I don’t want to see him go, but something has to give. Chara and Seidenberg aren’t going anywhere. Hamilton isn’t going anywhere. Miller’s price tag is too shinny, and they have looked for a Krug type player for a very long time. That still leaves Bartkowski and Mcquaid; plus 3 guys in providence that probably could have survived as their 6th dman this year. They picked up Meszaros and Potter for virtually nothing… Boychuk is a steal at just over 3m and could be a number 2 on many teams, so he would fetch a decent return. Package him with khokhlachev and picks and you might be able to snag a top 10 pick or higher (Edmonton if Yakapov stays???). Don’t want him to go, just seems to clear up the most amount of space. Their run this year will influence that. If Hamilton continues to grow it would make it easier. They have Smith and Krug who will get decent raises this year and Krejci, Hamilton and Soderberg to worry about the year after. Boychuk also (after next year) and he should get a raise to put him around 4.5-5m. Could probably get 5+ in FA from a team that needed to add payroll. (Isles, Preds, Calgary). I guess we’ll see.

  6. superross - Apr 6, 2014 at 7:56 PM

    The Bruins power play sucks! Not giving them power play opportunities actually helps them. Keep the conspiracy alive!!! LoL

    • Moop - Apr 6, 2014 at 8:12 PM

      The Bruins currently have the third best power play percentage in the league.

      • hockeyflow33 - Apr 6, 2014 at 8:46 PM

        Stop using facts to sway arguments

    • drewzducks - Apr 6, 2014 at 8:45 PM

      Not so super, Ross.

  7. slaugin - Apr 6, 2014 at 8:12 PM

    In the past you would have been right about Nruins PP being bad. This year you haven’t been paying attention, they are ranked 3rd in PP%.

  8. slaugin - Apr 6, 2014 at 8:17 PM

    I’m sure GMPC has a plan in place and that plan involves Iginla. I’m more worried about the following year when Krejci is an UFA and wants an even bigger payday

  9. slaugin - Apr 6, 2014 at 8:56 PM

    Really hard to tell what is sarcastic and what is not in that post

  10. bsaures - Apr 6, 2014 at 8:57 PM

    So with the 4.5 million penalty they have roughly 65.5 million if the cap is 70 million. they already have 58 million committed to 16 players (i took out savard because he will be on LTIR) which leaves 7.5 million for them to resign several key players including iginla, Krug, bartowski, Smith, and a backup goalie. Math definitly doesnt work in this case.

  11. nunan - Apr 6, 2014 at 9:00 PM

    Worth it.

  12. slaugin - Apr 6, 2014 at 9:02 PM

    I’d be willing to guess they re sign Thornton as well. I also wouldn’t be at all surprised if someone offered Bartkowski a contract and they didn’t match it

  13. slaugin - Apr 6, 2014 at 9:17 PM

    Next years top 7 D will be Chara, Seidenberg, Boychuck, Hamilton, Miller, Krug, Mcquad. I think Bart will be the one that’s gone

  14. nunan - Apr 6, 2014 at 9:28 PM

    Thornton is a tough choice. Definitely serves a purpose on this team; has an important role. But the young talent needs to play. They will resign iginla, no doubt whatsoever.

  15. hockeyflow33 - Apr 6, 2014 at 10:46 PM

    They could end up moving Seidenberg because of his $4m cap hit and their ability to still win games without him.

  16. slaugin - Apr 6, 2014 at 11:09 PM

    They just signed Seids during this year and with an aging Chara they aren’t moving him

  17. jjmcgo - Apr 7, 2014 at 9:10 AM

    Here’s a suggestion: For any player amassing 50 penalty points in a year, his team pays the salary of any injured opposing player, including seasonal bonuses pro rata. The cap hit also shifts to the offending team. In the Savard case, the Bruins would be absolved of the Savard cap hit and the Penguins would assumed the Savard cap hit.

  18. slaugin - Apr 7, 2014 at 9:44 AM

    You left off Winning in you percentages. People like to hate on teams that win often. Look at the Penguins, Or even Canucks just a couple years ago. Winning brings out the haters

  19. the8man - Apr 7, 2014 at 10:49 AM

    Can someone explain to me why Savard is still on their payroll? What has it been? Three years? That guy got so banged up he can’t find his way home, much less play hockey again.

  20. bsfan77 - Apr 7, 2014 at 7:49 PM

    Seidenberg will stay. With Miller playing great D, I think McQuaid will be gone. I agree that Kelly will probably be gone as Spooner or Fraser can fill that hole. Thornton wont be much money and it would be foolish to break up the fourth line. Krug is a must. Not sure about Bartkowski as we are stacked with D right now and we wont be able to afford him. Iginla is a must if we can work the numbers. He loves Boston. His family is out here and his kids are in school and hockey out here. Who knows what will happen. Savard needs to be dealt with so he wont hit our cap. It would be great to keep Johnson too but with the numbers he put up this year, he wont come cheap.

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