Cap question

[Erdinger]

What exactly are the penalties for a team exceeding the cap?

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[Golden_Jet]

What exactly are the penalties for a team exceeding the cap?

Can't do it...the NHL won't register a trade if it puts you over the cap.

 

[ironhorse384]

What exactly are the penalties for a team exceeding the cap?

the only thing I was able to find had to do with bonus overages:
"When the bonus cushion is in affect, teams can exceed the salary cap in performance bonuses by up to 7.5 percent of the salary cap's upper limit. Should performance bonuses actually earned at season's end push them past the salary cap's upper limit, the excess bonuses earned will be carried over as a penalty to the team's cap payroll the following season".

 

[Caesium]

What exactly are the penalties for a team exceeding the cap?

Any move that puts the team over the cap is rejected by the NHL.

 

[BlueBaron]

You could go over the cap during the summer and then fail to get under it in time, not sure how the league would handle that.

 

[Erdinger]

So basically a team can't choose to take a financial penalty to temporarily go over the cap. Thanks I was never clear if there was some sort of luxury tax option available.

 

[Caesium]

You could go over the cap during the summer and then fail to get under it in time, not sure how the league would handle that.

Force the team to put people on waivers until enough players were claimed to free the space up? I have no idea. I don't think I've read anything in the CBA about what would happen if a team couldn't get under the cap. It's hypothetically possible for every team to go over the cap using the off season cushion, and then no team would be able to clear enough space since there's no way to hide salary anymore. That would be kind of funny to see.

 

[ironhorse384]

I found another tidbit of info:

" If a player has a legitimate long-term injury, his cap hit is still counted; however, the team is permitted to replace him with one or more players whose combined salary is equal to or less than that of the injured player, even if the additional players would put the team over the salary cap (if the team's cap room is larger than the injured player's cap hit, they may take on as much as their cap room); however, the injured player may not return to play until the team is again compliant with the original cap".

 

[WestCoastLeafs]

You could go over the cap during the summer and then fail to get under it in time, not sure how the league would handle that.

You're required to dress a short roster (less than 20 players) until you become cap-compliant. There are also a few mid-season scenarios (injuries and suspensions I think) where this can happen.

But the general rule is that you're never allowed to have a roster that would put you over the cap by season's end

 

[Warden of the North]

I think the move to go over the cap would be allowed however the team would not be allowed to play. The games would be forfeit.

 

[johnny_rudeboy]

Damn, they should have reduct points for the team. Hello Connor

 

[Al14]

I think the move to go over the cap would be allowed however the team would not be allowed to play. The games would be forfeit.

There is no way the NHL would allow a game to be forfeited. Would they?

If so, then let's just forfeit the rest of this season! We might get closer to McDavid that way, even though Bettman won't let us have him!

 

[FriedEgg]

Pretty sure Boston was over the cap last year (related to bonuses I believe). Brighter members can find it in this interwed thing faster than me.

 

[FriedEgg]

http://www.csnne.com/boston-bruins/bruins-looking-475-million-cap-penalty

 

[Erdinger]

http://www.csnne.com/boston-bruins/bruins-looking-475-million-cap-penalty

So the penalty comes off of the next seasons cap. Nasty

 

[FriedEgg]

Anyone know if Boston is only team to be effected by this in cap era?

 

[King Mapes]

Asked and answered.

Closed.