Around the NHL: Part XX

[aufheben]

The penalty is $24,571,428

What matters here is when Weber retires and how many years are left on the SPC. The SPC ends in 2026.

If he retires in 2020, it's 6 years. $24,571,428 : 6
If he retires in 2021, it's 6 years. $24,571,428 : 5
If he retires in 2022, it's 6 years. $24,571,428 : 4
If he retires in 2023, it's 6 years. $24,571,428 : 3
If he retires in 2024, it's 6 years. $24,571,428 : 2
If he retires in 2025, it's 6 years. $24,571,428 : 1

Divide the 24m by the no of years left, basically.

NSH total money paid minus the total AAV during his tenure with the club, divided by the number of years, is the annual cap recapture penalty until 2026

So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?

 

[Amazing Kreiderman]

So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?

Correct.

FYI: This cap recapture penalty only applies to so-called "long term contracts", which are 6 yeras and longer, and were signed under the old CBA (2012 and before)

 

[aufheben]

Correct

Lol

 

[Amazing Kreiderman]

Lol

I missed my calling as an agent. I read the CBA more than I can count.

 

[SnowblindNYR]

Quite possibly the first time in NHL history, I think, that only one original six team will make the playoffs...

That's actually crazy that that's never happened before. When I get back home I'll do an analysis on what the odds of that are but they can't be super strong.

Edit: I will assume every team has equal odds of making it.

 

[NYRFANMANI]

So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?

He basically can't f***ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire

 

[Leetch3]

He basically can't ****ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire

weber would become allergic to his equipment on go on LTIR

 

[Amazing Kreiderman]

That's actually crazy that that's never happened before. When I get back home I'll do an analysis on what the odds of that are but they can't be super strong.

Edit: I will assume every team has equal odds of making it.

No of Original Six teams making the play offs since they were split up into different divisions in 1971 below.

4 O6 teams missing the play offs is the most. The only seasons 4 out of 6 missed the play offs were 2000, 2001, 2007, 2018 and 2019

2018-19: 2
2017-18: 2
2016-17: 5
2015-16: 3
2014-15: 4
2013-14: 5
2012-13: 6
2011-12: 4
2010-11: 5
2009-10: 4
2008-09: 5
2007-08: 4
2006-07: 2
2005-06: 3
2003-04: 4
2002-03: 3
2001-02: 5
2000-01: 2
1999-00: 2
1998-99: 3
1997-98: 3
1996-97: 4
1995-96: 6
1994-95 :5
1993-94: 6
1992-93: 5
1991-92: 5
1990-91: 5
1989-90: 5
1988-89: 5
1987-88: 5
1986-87: 6
1985-86: 5
1984-85: 5
1983-84: 5
1982-83: 5
1981-82: 4
1980-81: 5
1979-80: 5
1978-79: 5
1977-78: 6
1976-77: 4
1975-76: 5
1974-75: 5
1973-74: 5
1972-73: 4
1971-72: 5
1970-71: 5

 

[Amazing Kreiderman]

He basically can't ****ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire

The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid

 

[leetch99]

Bobby Hull was also on the ice for that ceremony

Yes...but I tend to think he was in the Jets HOF eons ago . Maybe he was representing the HOF ?

 

[frozenrubber]

The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid

Also unable to play anymore and retired are two different things that many people confuse. There is basically no incentive for any player to "retire" unless they don't want to fly out once a year for a medical examination to prove they are indeed injured.

If Weber's medical issue is chronic and serious enough where he can no longer play, he'll get paid his full salary until the contract expires in 2026, being on the LTIR on whomever's roster in the interim.

@Amazing Kreiderman Want to take a stab at explaining the intricacies of LTIR to the masses, as hands down, is the most misunderstood thing by HF posters.

 

[Amazing Kreiderman]

Also unable to play anymore and retired and two different things that many people confuse.

If Weber's medical issue is chronic and serious enough where he can no longer play, he'll get paid his full salary until it expires in 2026, being on the LTIR on whomever's roster.

Want to take a stab at explaining LTIR to the masses, as hands down, is the most misunderstood thing by HF posters.

Contrary to popular belief, LTIR does not give you cap relief. It just allows you to spend that amount over the cap. You aren't banking daily cap space for the amount on LTIR, so to speak.

He will not count towards the 23-man roster limit though.

 

[leetch99]

This Pastrnak fella is pretty good. 3 more goals tonight and 2nd hat trick vs the Habs this year.

Pasta's 41 goals puts him slightly ahead of Ovie and Matthews 40 each.

Going to be a fun race to see who wins the Rocket Richard award. My money is on Pasta to win it as his true breakout season continues.

As a 19 year old he also had 10 goals for the Bruins in his rookie season.....Kakko on about the same pace!!!

 

[Fitzy]

Fun fact- if Weber were to retire in the summer of 2025, There would be a one year cap hit of 25 million dollars for Nashville.

 

[Amazing Kreiderman]

Fun fact- if Weber were to retire in the summer of 2025, There would be a one year cap hit of 25 million dollars for Nashville.

Yes, we just went over that

 

[Fitzy]

Yes, we just went over that

I'd read back beyond the first page of a thread, but it seems... difficult.

 

[leetch99]

Yes, we just went over that

LTIR and Summer Cap...how does that work ?
Plus...Habs are paying very little salary on Weber in the last few years of his deal 4 ? Million/per...something along those lines I have heard Hab fans say .

 

[NYRFANMANI]

The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid

Can NSH trade back for him? Would MTL do NSH the favour of holding contract on LTIR? Seems to me MTL could blackmail NSH, but etiquette will prevent that from happening. I guess.

 

[Amazing Kreiderman]

Can NSH trade back for him? Would MTL do NSH the favour of holding contract on LTIR? Seems to me MTL could blackmail NSH, but etiquette will prevent that from happening. I guess.

They can. Players on LTIR are traded sometimes. Look at Clarkson

 

[Amazing Kreiderman]

LTIR and Summer Cap...how does that work ?
Plus...Habs are paying very little salary on Weber in the last few years of his deal 4 ? Million/per...something along those lines I have heard Hab fans say .

The last 3 years of his contract, Weber is paid 2m a year (1m SB, 1m BS)

 

[leetch99]

The last 3 years of his contract, Weber is paid 2m a year (1m SB, 1m BS)

Thanks for the clarification AK.

 

[Amazing Kreiderman]

Thanks for the clarification AK.

Shea Weber - CapFriendly - NHL Salary Caps

 

[Brooklyn Rangers Fan]

Uh, hate to derail the last several pages is schadenfreude, but...

Didn’t a subsequent report from the doctor who performed Weber’s original surgery result in a revised estimate of 2-4 weeks?

 

[East Coast Bias]

Uh, hate to derail the last several pages is schadenfreude, but...

Didn’t a subsequent report from the doctor who performed Weber’s original surgery result in a revised estimate of 2-4 weeks?

haha everyone was so busy buying the flowers for his funeral

 

[NYRFANMANI]

I was aware of that. Just curious considering the options and amazed at that ridiculous penalty xD