Confirmed with Link: Coyotes Sign Shane Doan to 1 Year Deal
- Thread starter moosemeister
- Start date
- Oct 26, 2006
- 18,614
- 11,591
Hey man, we're like what, 20mil under the floor in terms of actual salary, cut them some slack...
Play now, receive check later. So (making stuff up time) say Doan is getting 5m. The coyotes might only be paying 3 of that now and an additional 1m in real dollars to him the next 2 years.
It's what the Diamondbacks did to bankroll their World Series win for example.
I don't know what the specific rules are in the NHL regarding deferred payments but I assume the entire cap hit counts for this year.
BUX7PHX
Registered User
- Jul 7, 2011
- 5,581
- 1,350
Percentage in team after retirement?
If the arena thing can work out, the talent pool is starting to be collected. One piece that I will believe with Chayka is that we are going to find ways to make solid investments through the draft process. We came away a much better aligned team for the now and future, and that included selling draft picks for opportunities to improve in free agency. Doan wasn't going anywhere, and frankly that includes from a management perspective, even if it means as a player personnel role once he steps away.
If this is what is meant by deferred payment...
Anyhow, agreed that does seem like a weird choice of words...
If the arena thing can work out, the talent pool is starting to be collected. One piece that I will believe with Chayka is that we are going to find ways to make solid investments through the draft process. We came away a much better aligned team for the now and future, and that included selling draft picks for opportunities to improve in free agency. Doan wasn't going anywhere, and frankly that includes from a management perspective, even if it means as a player personnel role once he steps away.
If this is what is meant by deferred payment...
Anyhow, agreed that does seem like a weird choice of words...
_Del_
Registered User
- Jul 4, 2003
- 15,426
- 6,738
2.5M base. That's a win for Chayka. The deferred payment bit makes us look like amateur hour (still/again).
Maybe it's just 2.5 this year. Attained bonuses "deferred" to next year and our local writers are just hacks.
Matias Maccete
Chopping up defenses
- Sep 21, 2014
- 9,699
- 3,621
About damn time, but yeah very good news. I wonder if they explain why the deferred payments? Doesn't look good at face value, but maybe they have a good reason that's not "we're broke".
CC96
Serious Offender
RemoAZ
Let it burn
I'm trying to think of a reason other than they are broke for doing this. Maybe they are getting nervous about having room left under the cap with all the dead space committed to retired and bought out guys? Maybe deferring the money gives them wiggle room to move it to next year's cap somehow? Because man, if they are worried about not having enough cash for the payroll this, year they better have that Indian money or pilfered state college funds coming in ASAP.
Murf
Registered User
Maybe Doan requested it, for tax reasons or something. It's probably easier to lower the tax burden with donations if the pay comes in different years. Or maybe I don't know what I'm talking about. When I'm a millionaire I'll come back and share my tax avoision experiences.
(Wow. Lotta people up late for a Monday; I'm only up because I had a rare Monday night beer league game... )
DesertDawg
Registered User
$2.5 mil + signing bonus -> cap hit for this year
incentive bonus is the deferred payment (cap hit) for next year after the season concludes
incentive bonus is the deferred payment (cap hit) for next year after the season concludes
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