As far as I understood, the cap was on salary. However, any rookie bonuses would count against the cap as well, according to Watters.Egil said:The 500K rookie cap must be the bonus money. The PA and NHL have both been in the mid 800k range for the salary, and I don't think either side has an interest in making it 500k. At that level, the possibilty of players not coming over from Europe becomes REALLY strong.
carey3037 said:Today's Leafs Lunch Recap:
Watters reported many major terms of the new CBA had been settled:
--Watters reported 24M floor, 37.5M ceiling (Russ Conway later said the range was 24-25 and 36.8-38.6, so take your pick); however, nothing was mentioned of a luxury tax (which Dennis Beyak specifically mentioned in yesterday's "imminent deal" report) or a set linked revenue %.
--500k rookie cap (Watters said that "rookies thrown under the bus")
--Watters said QO's "mirror Dec 9 PA proposal" (Watters said 100% for 1M+, 110% for everything under 1M)
However, some things still unsettled, mentioning:
1)Training camp expenses
2)Per diem rates
Watters also reported Goodenow has been "campaigning hard with his hardline brethren" (mentioned Irbe and Damphousse by name) for the last 48 hours to stop the deal. Called it "one last attempt to garner support."
He also said with regard to Helene Elliott's article today, the 24% rollback wipeout or honoring last year's contracts would never be agreed to by ownership (although it sounded more like personal conjecture/opinion than coming from an actual "source").
The other big news was Watters' report of a possible Dispersal Draft that is still not finalized but would be part of the new CBA, which would be used to cut substantial payroll for teams previously "warned by Bettman" to cut their player costs (according to Watters, as soon as the CBA is done, all teams need to be within the cap limits without exception).
--Alternative to grandfathering contracts, which would not happen according to Watters (again, sounded more like personal opinion than "source" info).
--Said at least 6 teams were included (named NYR, DET, COL, TOR, and PHI).
--There would be a 5 or 6 player protected list for the above teams, the rest of the rosters would be fair game for a dispersal draft to the rest of the league.
--Watters put forth two scenarios:
1)the team losing the player would pay up to $4M of the dispersed player's salary, and the claiming team would pay the rest (used the example of a 6.5M salary...TOR would pay 4M, the claiming team would pay 2.5);
OR, 2)the team losing the player would just buy out the player's existing contract.
--However, interviewing Russ Conway just now, Conway reversed one of the scenarios, saying that he heard the claiming team would be the team paying the 4M higher total, and the team losing the player would pay the lower remaining amount...so you have two guys saying two different things....
--No compensation WHATSOEVER for the team losing the player.
--Nothing mentioned about a dispersal draft order, or how multiple claims would be handled.
carey3037 said:Watters said at least 6 teams would be included in this dispersal draft, and he named those 5 teams. I didn't include anything except his own language.
JWI19 said:I'm gonna wait to comment on the whole dispersal draft and protecting players till all the info comes out.
hockeytown9321 said:As will I, but i'd like to clarify one point-Detroit's payroll is under every one of the reported cap figures.
JWI19 said:I'm gonna wait to comment on the whole dispersal draft and protecting players till all the info comes out.
hockeytown9321 said:As will I, but i'd like to clarify one point-Detroit's payroll is under every one of the reported cap figures.
How do you figure? What reported cap numbers are you looking at?hockeytown9321 said:As will I, but i'd like to clarify one point-Detroit's payroll is under every one of the reported cap figures.
RangerBoy said:According the salary figures from the NHLPA's December 9 proposal,Detroit has $50.225 million committed for 16 players.With the 24% rollback,Detroit has $38.194 million committed.The highest of any team.Page 7 of the December 9 proposal
Philly is #2 with $33.783 million for 13 players after the rollback
BobMckenzie said:Smart man. I can't count the number of times I've seen a thread take on a life of its own only to find out later, oops, whatever was in the thread isn't happening after all. I can't say with authority there won't be a dispersal draft, but I will say I don't believe it's been the subject of much, if any, negotiation, which runs contrary to many of my fellow media members. We'll see, I guess.
Edit: Wow, do I get anything, a prize or something, for my 100th post. Take this in the manner it's meant, but I gotta get a life. You too.
Duff88 said:But in the whole discussions of this week are you optimistic or pessimistic? BTW, your opinions are really appreciated and I think you should not stop posting; after all you're the one with the better sources around here and everyone loves when they see a post by BobMcKenzie!
King_Brown said:Thats awesome, Detroit has 1 line under the Cap ready to go. Im sure Lonny Bohonos and Corey Hirsch are licking there chops ready to suit up for the Red Wings.
hockeytown9321 said:As will I, but i'd like to clarify one point-Detroit's payroll is under every one of the reported cap figures.
BobMckenzie said:Smart man. I can't count the number of times I've seen a thread take on a life of its own only to find out later, oops, whatever was in the thread isn't happening after all. I can't say with authority there won't be a dispersal draft, but I will say I don't believe it's been the subject of much, if any, negotiation, which runs contrary to many of my fellow media members. We'll see, I guess.
Edit: Wow, do I get anything, a prize or something, for my 100th post. Take this in the manner it's meant, but I gotta get a life. You too.
RangerBoy said:According the salary figures from the NHLPA's December 9 proposal,Detroit has $50.225 million committed for 16 players.With the 24% rollback,Detroit has $38.194 million committed.The highest of any team.Page 7 of the December 9 proposal
Philly is #2 with $33.783 million for 13 players after the rollback
King_Brown said:Bob if u can clarify one thing for me please. We they are talking linkage right. My question is this, before hand the NHL offered 54% linkage for a cap figure each year correct? Was the cap not gonna move, because if revenues went up im sure the cap would of went up also right? So why is the reports now saying that the NHLPA brought a concept for a floating cap tied to revenues? Is this still the same type of linkage or part linkage somehow? I don't understand why the media is saying this is a new type of concept, since the NHL has been wanting the exact same thing and offered it all along, a floating cap with linkage.
BobMckenzie said:Edit: Wow, do I get anything, a prize or something, for my 100th post.