Is this a cap circumvention?

RJ8812*

Guest
Its not circumvention, but i would be pissed as hell if i was Schenn. Taking money out of my pocket because you cant properly manage your staff assets? Fark you.

really?

it's either: stay in the AHL with your $3.5m cap hit but only make $70,000, or miss one game and play at the NHL level with half the cap hit and make $800k with potential to double that


the choice is pretty easy and one that schenn probably agrees with
 

kdb209

Registered User
Jan 26, 2005
14,870
6
really?

it's either: stay in the AHL with your $3.5m cap hit but only make $70,000, or miss one game and play at the NHL level with half the cap hit and make $800k with potential to double that


the choice is pretty easy and one that schenn probably agrees with

No. Dreger's original story is completely bogus - the Flyers will not gain any cap space due to bonuses by Schenn missing one game (*). See above (post #16).

All they will save is his daily salary for every day he is in the AHL.

The Flyers invented the AHL shuttle in the year after the Lockout when they shuttled several players across the street to their AHL affiliate Phantoms. Since then several teams who were right up against the cap (including the Sharks a couple of years ago) have saved cap space by sending players down after a game day and recalling them for the next game (so that they were only on the NHL Roster and accruing a cap hit on game days). It is possible to reduce a players effective cap hit by >50% by doing this.

(*) Some of the allowable bonuses have a 42 games played minimum, so, yes if they keep him in the minors for 41 games, then yes his cap hit from bonuses will be reduced. What will actually happen is that his cap hit will remain the same, but the team will receive a cap credit (the teams Average Club Salary will be reduced by) in the cash amount of the unearned bonus at the point in the season when it becomes impossible to achieve.
 

hlrsr

Registered User
Sep 16, 2006
2,553
46
They lose the services of Schenn for that game so it really isn't circumventing anything.

Kind of a weird bonus to include in the first place, though? It's basically useless other than taking up cap space until he can no longer achieve it.

edit: nvm, seems that couldn't have been a bonus at all...
 

gary laser eyes

Registered User
Apr 6, 2007
4,174
0
Cap circumvention? LOL not even close. Schenn is the one that signed the contract with a ridiculous bonus stipulation. As such, he's the one that's missing out on all that bonus cash.
 

Fehr Time*

Guest
Whatever gets around the collusion cap is great news IMO.
 

Bear of Bad News

Your Third or Fourth Favorite HFBoards Admin
Sep 27, 2005
13,473
26,774
Whatever gets around the collusion cap is great news IMO.

The players and owners agreed to the "collusion cap" (as you call it). Are you suggesting that they colluded? If so, who were they colluding against?
 

Noldo

Registered User
May 28, 2007
1,667
248
No. Dreger's original story is completely bogus - the Flyers will not gain any cap space due to bonuses by Schenn missing one game (*). See above (post #16).

(*) Some of the allowable bonuses have a 42 games played minimum, so, yes if they keep him in the minors for 41 games, then yes his cap hit from bonuses will be reduced. What will actually happen is that his cap hit will remain the same, but the team will receive a cap credit (the teams Average Club Salary will be reduced by) in the cash amount of the unearned bonus at the point in the season when it becomes impossible to achieve.

Is the 42 games minimum requirement an absolute and automatic one or is the minimum possible requirement? In other words, could LA had included 82 games minimum requirement in Schenn's contract for him to be eligible for ice time based bonuses?
 

sobrien

RAFFLCOPTER
Jul 19, 2009
8,948
127
South Jersey
Its not circumvention, but i would be pissed as hell if i was Schenn. Taking money out of my pocket because you cant properly manage your staff assets? Fark you.

Who would he be mad at? His agent for agreeing on that contract? Lombardi for offering it? There's no way Schenn thought that he could have actually played 82 games at 25 mins per...not in his first year.

And he has no reason to be mad at the Flyers...at all.
 

Tavaresmagicalplay*

Guest
Who would he be mad at? His agent for agreeing on that contract? Lombardi for offering it? There's no way Schenn thought that he could have actually played 82 games at 25 mins per...not in his first year.

And he has no reason to be mad at the Flyers...at all.

There's no such bonus that's been cleared up. The article is bogus. It's not clear what they are going to do right now but it sounds like they are going to keeping sending him down and calling him up the whole year. I have a hard time believing the flyers would be that stupid but time will tell.
 

joez86

Registered User
Jan 20, 2006
1,103
74
I'm confused. Why is Schenn being sent down for one game?
"Shoulder injury".

Tough to tell if it is legit or if he is just playing along to allow time for Lappy to be put on roster and then straight to LTIR and also to give more room for Couturier to try to show he can stick.
 

MsMeow

Registered User
Nov 4, 2005
16,439
1,100
"Shoulder injury".

Tough to tell if it is legit or if he is just playing along to allow time for Lappy to be put on roster and then straight to LTIR and also to give more room for Couturier to try to show he can stick.
Homer also said he's ready to play so I don't think the injury is an issue. Dreger and McKenzie are the 2 guys I trust with this so has Dreger actually confirmed that this 25 minute/game clause isn't real?
 

wedge

Registered User
Oct 4, 2004
6,149
87
victoriaville
it's not the first time a player gets sent down because his salary is too high and doesn't fit in the team salary.

some players should receive smaller salaries to be sure they're in the NHL. For a rookie, having a cap hit of more than 3.5 millions is clearly not helping his case. He would have to be very good to deserve this cap hit.

Isn't it Larsson who accepted less bonuses? That gives him a lot more chances to make the NHL. A good rookie at 900 000$ is a lot more valuable than one at a 3.5 M cap hit.
 

octopi

Registered User
Dec 29, 2004
31,547
4
Uh...he has to play 25 minutes a game, every game?

Why send him down? Just make sure the first game he doesn't even hit 20 minutes. Problem solved much less obviously.
 

Fourier

Registered User
Dec 29, 2006
25,557
19,786
Waterloo Ontario
No. Dreger's original story is completely bogus - the Flyers will not gain any cap space due to bonuses by Schenn missing one game (*). See above (post #16).

All they will save is his daily salary for every day he is in the AHL.

The Flyers invented the AHL shuttle in the year after the Lockout when they shuttled several players across the street to their AHL affiliate Phantoms. Since then several teams who were right up against the cap (including the Sharks a couple of years ago) have saved cap space by sending players down after a game day and recalling them for the next game (so that they were only on the NHL Roster and accruing a cap hit on game days). It is possible to reduce a players effective cap hit by >50% by doing this.

(*) Some of the allowable bonuses have a 42 games played minimum, so, yes if they keep him in the minors for 41 games, then yes his cap hit from bonuses will be reduced. What will actually happen is that his cap hit will remain the same, but the team will receive a cap credit (the teams Average Club Salary will be reduced by) in the cash amount of the unearned bonus at the point in the season when it becomes impossible to achieve.

BINGO!!!
 

Jack de la Hoya

Registered User
Jun 30, 2011
15,793
39
Texas
Uh...he has to play 25 minutes a game, every game?

Why send him down? Just make sure the first game he doesn't even hit 20 minutes. Problem solved much less obviously.

Because then the Flyers need to fit the 3.1 hit under the cap for the first game of the season.
 

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