I know the league was cracking down on these type of contracts and some rules, or at least precedents, were set. I’m hoping someone here knows the specifics.
Joe Pavelski will be UFA after this season. He will will be able to sign an under 35 contract. So, he can retire early and it will have no effect on the Sharks cap. If the Sharks wanted to sign him to a long term but front loaded deal to minimize his cap hit, how far could they go?
For example: Could the Sharks sign him to an 8 year deal with salaries of 10, 8, 6, 4, 2, 1, 1, and 1? That’s $33M for 8 years with a cap hit of 4.125. If Pavs retires after 4 years he will be paid 28M and his cap hit will go away. Is that the best way to break it down? Is there any benefit to signing bonuses and performance bonuses vs salary?
Joe Pavelski will be UFA after this season. He will will be able to sign an under 35 contract. So, he can retire early and it will have no effect on the Sharks cap. If the Sharks wanted to sign him to a long term but front loaded deal to minimize his cap hit, how far could they go?
For example: Could the Sharks sign him to an 8 year deal with salaries of 10, 8, 6, 4, 2, 1, 1, and 1? That’s $33M for 8 years with a cap hit of 4.125. If Pavs retires after 4 years he will be paid 28M and his cap hit will go away. Is that the best way to break it down? Is there any benefit to signing bonuses and performance bonuses vs salary?