You can’t really retain salary like that. You have to retain a percentage and the percentage is the same for both cap hit and salary. So in order to retain $1m in actual salary after the bonus was paid out I believe the oilers would be retaining 33% of the deal which would leave us with a 2M cap hit and variable amounts we’d be paying each year to Lucic based on what his salary for each year remaining would be.Use Cap Friendly, not Google.
Milan Lucic - CapFriendly - NHL Salary Caps
His remaining salary after this year is
6 mill
4 mill
5 mill
4 mill
HOWEVER, on July 1, 2019, he gets a $3 mill signing bonus. So the actual salary after that, PLUS the Oilers retaining an additional $1 mill/year becomes
2 mill (3 mill to a bonus and -1 mill retained)
3 mill
4 mill
3 mill
Got it?
I’m not sure if you can change the percentage retained from one year to the next though. If you could, you could hypothetically find a way to retain $1m per year. But I’ve never heard of that happening. Maybe @Fourier could clarify better than me.
Maybe just a minor nitpick in the grand scheme though.