http://www.tsn.ca/nhl/story/?id=377385
There is a lot of discussion about this on the Flyers board and a couple of blogs as well as in the comments in the article.
When I first saw Schenn was sent down I was furious. However upon learning of the reduced cap I was ready to proclaim Holmgren a genius and GM criminal mastermind. However all this debate about "circumvention" has me worried. What does everyone else think?
This is a case of sportswriter not really understanding what he's writing about w.r.t. the CBA.
Schenn's contract, negotiated by the Los Angeles Kings will pay him $900,000 this year, plus $850,000 in entry level 'A' bonuses for a total of $1.75 million, however Schenn has substantial 'B' bonuses included in his deal that would be very cap unfriendly to the Flyers.
The 'B' bonuses in the first two years of his contract pay Schenn $1.265 million and $1.405 million if he plays 25 minutes in each of the 82 regular season games.
There is no possible "B" bonus that pays "if he plays 25 minutes in each of the 82 regular season games".
Exhibit 5 of the CBA lists all possible bonus categories allowed in ELS contracts.
The only individual "A" bonuses that Schenn is eligible for - with a max of $212K per bonus and a max total of $850K - are:
CBA Exhibit 5 - section 1(a) said:
(a) Forwards
(i) Ice time (aggregate and/or per Game). Player must be among top
six (6) forwards on the Club (minimum 42 Regular Season Games
played by Player and comparison group). (Note: an Entry Level
SPC may contain bonuses for both aggregate and per Game ice
time; however, the maximum aggregate amount the Player may
receive on account of the ice time category is $212,500.)
(ii) Goals: 20 Goal Minimum
(iii) Assists: 35 Assist Minimum
(iv) Points: 60 Point Minimum
(v) Points Per Game: .73 Points Per Game Minimum (minimum 42
Regular Season Games played)
(vi) Plus-Minus Rating: Among top three (3) forwards on the Club
(minimum 42 Regular Season Games played by Player and
comparison group).
(vii) End-of-Season NHL All-Rookie Team
(viii) NHL All-Star Game (selected to play or plays)
(ix) NHL All-Star Game MVP
The only categories for which a player may get league wide "B" bonuses - with a total max of $2M - are:
- Top 5 finish in Hart, Norris, Vezina, Selke, or Richard trophy
- Win Jennings trophy
- Named 1st or 2nd Team NHL All-Star
- Win Conn Smythe trophy
- Finish among the top ten (10) forwards in the League in goals, assists, points or points per Game (Minimum 42 Regular Season Games)
- Finish among the top ten (10) defensemen in the League in goals, assists, points, points per Game (Minimum 42 Regular Season Games) or ice time among defensemen (aggregate and/or per Game. Minimum 42 Regular Season Games)
- Finishes among the top five (5) goaltenders in the League in goals against average (25 game minimum, 30 minute minimum), save % (25 game minimum, 30 minute minimum) or wins (30 minute minimum, goaltender of record).