Can a player renegotiate their contract when playing poorly?

[Phil68]

Can i player re-negotiate their contract if they are not living up to the contract expectations? Example, lets say Toews doesn't improve his production, can he negotiate his contract to take a lower cap hit and on?

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[Filthy Dangles]

Can i player re-negotiate their contract if they are not living up to the contract expectations? Example, lets say Toews doesn't improve his production, can he negotiate his contract to take a lower cap hit and on?

Yes but why on Earth would Toews forfeit 10.5 per year he earned.....

 

[sparxx87]

Can i player re-negotiate their contract if they are not living up to the contract expectations? Example, lets say Toews doesn't improve his production, can he negotiate his contract to take a lower cap hit and on?

They can agree to terminate a deal, but why would Toews do that?

He won a cup on an ELC. The Hawks are compensating for underpaying him in the beginning by overpaying at the end.

 

[rent free]

no. that only happens in the nfl

 

[Teemu]

Pretty sure its prohibited by the CBA

 

[Demandedace]

The team has zero power to do this, so I'm pretty sure it would 100% need to come from the player which would be insane haha

That's even if the CBA allows it

 

[KIRK]

They can agree to terminate a deal, but why would Toews do that?

He won a cup on an ELC. The Hawks are compensating for underpaying him in the beginning by overpaying at the end.

Yeah, mutual agreement to terminate a deal is usually something that happens with a vet on a 1 year deal where things just don't work out from both parties perspectives and you're not talking about a lot of money (like Jagr this year . . . as a Pens fan, I remember they did it with LeClair too).

 

[Tak7]

Pretty sure its prohibited by the CBA

I don't think it is.

Players can terminate contracts. We know that.

So a player can terminate, and the negotiate a new contract.

It won't happen, because it would mean players would lose money, and the PA would probably be pissed if someone did it.

 

[Rodgerwilco]

I don't believe this is allowed under the CBA. A contract can be terminated, but I don't think it can be terminated in favor of a new contract with different salary/term.

 

[jiboy]

Luongo sounded like he would like to do it when his situation was a mess in Vancouver but I dont think the PA is interested to set a precedent.

 

[Rodgerwilco]

Even if this could happen, why would a player agree to take less money?

A player who has such a strong drive to re-negotiate a contract to take less money or to help the team would likely not ask for such a big salary in the first place.

Players understand that a hockey career can turn on a dime, you need to get paid while you can.

 

[Harhis]

I don't think it is.

Players can terminate contracts. We know that.

So a player can terminate, and the negotiate a new contract.

It won't happen, because it would mean players would lose money, and the PA would probably be pissed if someone did it.

OK so would it be possible to make a 1 year contract with let's say 5M AAV and max on the signing bonus (whatever it is, 50% ?) Terminate the contract and then make new one with lower salary?

 

[Michael Farkas]

No.

 

[sparxx87]

OK so would it be possible to make a 1 year contract with let's say 5M AAV and max on the signing bonus (whatever it is, 50% ?) Terminate the contract and then make new one with lower salary?

I believe it gets treated like a buyout; you can’t sign player again for 1 year.

Don’t quote me though, I’m only 90% on that.

 

[ijuka]

Well they could mutually terminate the contract and all but... Why would the player do that just to get less money?

 

[Harhis]

I believe it gets treated like a buyout; you can’t sign player again for 1 year.

Don’t quote me though, I’m only 90% on that.

Makes sense, to that kind of answers to the question of this topic.

 

[Rusty Razor]

11.10 No Renegotiation. In no event shall a Club and a Player negotiate a change in any terms of a Player's SPC for the then-current season or for any remaining season of an SPC (except as provided for in Section 11.8(b)). This provision shall not prohibit a Player and Club from negotiating an extension to an existing SPC in accordance with the terms of Section 50.5(f) hereof, or from negotiating a new or reformed SPC or Offer Sheet in the limited context and time-frame expressly set forth in Section 11.6(a)(vi) above.

I'm not going to copy the entirety of Article 26 on no circumvention, but it would be caught there.

 

[Tak7]

I believe it gets treated like a buyout; you can’t sign player again for 1 year.

Don’t quote me though, I’m only 90% on that.

A termination is not a buyout though.

A buyout is giving the player some portion of the money he is owed, and that player remains against your salary cap.

A termination is the player forfeiting that money, and no longer counting against your salary cap.

They aren't treated the same.

 

[Tak7]

OK so would it be possible to make a 1 year contract with let's say 5M AAV and max on the signing bonus (whatever it is, 50% ?) Terminate the contract and then make new one with lower salary?

I'm not CBA guru, but I can't think of any provisions in there that would prevent this from happening, no.

 

[Tak7]

11.10 No Renegotiation. In no event shall a Club and a Player negotiate a change in any terms of a Player's SPC for the then-current season or for any remaining season of an SPC (except as provided for in Section 11.8(b)). This provision shall not prohibit a Player and Club from negotiating an extension to an existing SPC in accordance with the terms of Section 50.5(f) hereof, or from negotiating a new or reformed SPC or Offer Sheet in the limited context and time-frame expressly set forth in Section 11.6(a)(vi) above.

I'm not going to copy the entirety of Article 26 on no circumvention, but it would be caught there.

There's the answer.

Thanks Rusty

 

[Hischier and Hughes]

They can agree to terminate a deal, but why would Toews do that?

He won a cup on an ELC. The Hawks are compensating for underpaying him in the beginning by overpaying at the end.

Hmm...

Thats a very interesting way to look at it. Never thought about it like that!

 

[sparxx87]

A termination is not a buyout though.

A buyout is giving the player some portion of the money he is owed, and that player remains against your salary cap.

A termination is the player forfeiting that money, and no longer counting against your salary cap.

They aren't treated the same.

I know, I said ‘treated like a buyout’ in a sense that you can’t immediately resign. Read the post I was responding to.

 

[NewtJorden]

Can i player re-negotiate their contract if they are not living up to the contract expectations? Example, lets say Toews doesn't improve his production, can he negotiate his contract to take a lower cap hit and on?

I'm not sure Toews would suddenly have remorse about the 10.5 millions the Blackhawks are somehow giving him.

 

[Spirit of 67]

Not sure but why on earth would a player do that?

 

[WSS11]

Only the NFLPA is short sighted enough to fail to negotiate fully guaranteed contracts into their CBA. Ironically, NFL players complain about being underpaid despite being in the most profitable league in North America. I doubt a player would ever voluntarily take less money from these billionaire owners.