BBKers
Registered User
I vote no, and I vote to include Fast's name in the thread title instead.
Thanks, I should delete my post and just quote yours instead.
In essence, we don't get a penalty, the result is that we don't get a bargain like we would if we traded for or signed a player after the season started.
Remember also that there is a cumulative effect to this. Like lets say a team has $ 2m of cap space and had a RFA to sign, that it will take 1m to sign.
If they made the negotiation drag out 30 days into the season (the season being 160 days), that is 1/8. On the 31 day of the season, they would have 2,285,000 of accrued cap space, i.e. be able to take on a player with a cap hit of 2,285,000, and the cap hit of the contract -- without this mechanism -- would be 150/180 x 1m = 830k.
So it could definitely be exploited. With this mechanism, for the avoidance of doubt, you still accrue cap space but the cap hit of the RFA signed is 1m not 830k.
In a sense it would be a penalty capwise as the prorated amount of AAV (which the GMs use) would be added onto this years cap whilst subtracted from the coming years cap. So for this year lets us use the below as a theoretical example of acquiring Jakub Trouba:
We trade for Mr Troubas rights on November 4. Sending out salary that is all prorated. 31 days of 160 are then gone. He subsequently signs with NYR for $5,4 M over 5 years. In a normal year for a regularly signed player, his prorated hit would then be $4.353.575. However and due to this rule - his cap hit is now $5,4 M on November 4th instead (then actually equivalent of an annual cap hit of $6.260,869 - but for this year only). OTOH the cap hit for the next 4 years is subtracted by $261,606 - reducing it those years to $5,138,394. AAV for 5 years is still $5.400.000 - but in this case varying over the annual term which is not the rule but the exception.
Our cap margin is in effect hit with an added negative margin of $860,869 - but for this year only. These are the implications and Yes, they seriously count!!! But they could also be countered by alternatively:
1) dumping some more salary (Tanner we will miss ya, Fast was not quick enough )
2) a somewhat lower AAV
3) signing a shorter (ie one year) deal with an unwritten agreement to execute a new, long-term deal after January 1st, 2017.
Doable - but definitely with an added twist. The longer we wait - then the bigger the ramifications will be (and likely the harder to make a deal capwise as the number gets pretty high around December 1 - also conceivably meaning we would need to gut the roster elsewhere) ... Get er done now!
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