I'm just wondering if anyone could inform me what the rookie max was for last season? Also, a few examples of some rookies who signed for the rookie max would be helpful too.
I thought that this was it too, but Ovechkin is listed as 984,200 on nhlpa.com and hes still on his rookie deal?
Or is some of that from bonuses or sometihng? Im confused a bit.
I thought that this was it too, but Ovechkin is listed as 984,200 on nhlpa.com and hes still on his rookie deal?
Or is some of that from bonuses or sometihng? Im confused a bit.
I'll add it to my "to do" list once reserving is over in about 2 weeks.Thanks guys, I think I have a pretty decent grasp on it now. The FAQ sheet by IB didnt ask quite this exact question, but had some other very useful information that helped me out with what I needed. Cheers!
I need to revisit this thread.
One more question. Is there a place where I can see how much each drafted player could earn on his entry level deal from year to year dating back to the 1999 Entry draft since I am led to believe that european players drafted back then still have their rights owned by whichever club took them?
I know that 2003 draft players could sign up to a max of: 942,400
I know that 2004 draft players could sign up to a max of: 984,200
I know that 2005 draft players could sign up to a max of: 850,000
How does this work? Thanks guys I appreciate it. Id love to be directed to a nice chart with all this information. Thanks!
2003: $1,240,000 - 24% = $942,400Old CBA Article 9.3 said:9.3. Compensation Limits.
(a) The maximum annual Compensation, including any bonuses for games played, permitted
to be paid to a Group I Player shall be as follows:
Draft Year NHL Compensation
1995 US$ 850,000
1996 US$ 875,000
1997 US$ 925,000
1998 US$ 975,000
1999 US$1,025,000
2000 US$1,075,000
2001 US$1,130,000
2002 US$1,185,000
2003 US$1,240,000
2004 US$1,295,000
New CBA Article 9.3 said:9.3 Entry Level Compensation Limits.
(a) The maximum annual aggregate Paragraph 1 NHL Salary, Signing
Bonuses and games played bonuses permitted to be paid to a Group 1 Player shall be as
follows:
Draft Year NHL Compensation
2005 US$ 850,000
2006 US$ 850,000
2007 US$ 875,000
2008 US$ 875,000
2009 US$ 900,000
2010 US$ 900,000
2011 US$ 925,000
CBA Exhibit 16(n) said:n. "Defected" Players. Any Player who met the qualifications for "defected" status
as per the terms of, and as of the date of expiration of, the Expired CBA shall
remain "defected" for a defined period of time, following which the Player shall
become free of the exclusive negotiating rights of his drafting Club and shall be
eligible to enter the League as an Unrestricted Free Agent. The "defected" status
of Players selected in the 2002 Entry Draft, or prior, shall expire as of June 1,
2006. The "defected" status of Players selected in the 2003 Entry Draft shall
expire as of June 1, 2007. The "defected" status of Players selected in the 2004
Entry Draft shall expire as of June 1, 2008. Any Player who remains an Unsigned
Draft Choice at the time his "defected" status expires in accordance with this
paragraph shall be subject to having to enter the League through the Entry Level
System in accordance with the provisions of Article 9 of the Expired CBA,
including without limitation, the salary scale set forth therein, following
application of the 24 percent rollback as provided for in Paragraph 1(a) above,
provided, however, that such Players shall, at a minimum, be required to sign a
one-year Entry Level SPC to enter the League, regardless of the Player's age at
the time the SPC is signed and, provided further, the Player may negotiate for
Performance Bonuses only as permitted by the rules set forth in Article 9 and
Exhibit 5 of this Agreement governing Entry Level Performance Bonuses, and as
allowed under Article 50 of this Agreement.
..
And as far as unsigned pre-lockout European draft picks, all have bcome UFA's except for 2004 draftees - their teams hold their rights until June 1, 2008.
Have they changed the exception for Russian players picked before the new CBA went into effect (i.e., 04 picks and earlier)? Last I heard, the teams still held the rights to any Russian picks they continue to retain on their reserve list regardless of draft year, with the understanding that there will be a date set once Russia agrees to participate in the IIHF agreement.