Confirmed with Link: NHL & NHLPA reach agreement on a new CBA until 2026. New CAP figures out again

[Malagahawks]

 

[x Tame Impala]

Don’t understand how they’d lock in the salary cap for 3 years and not have at least one compliance buyout.

 

[Ace Card Bedard]

Don’t understand how they’d lock in the salary cap for 3 years and not have at least one compliance buyout.

I hope you're correct.

 

[Malagahawks]

 

[Malagahawks]

Latest update with no mention of buyouts.

Latest On CBA Talks


Latest On CBA Talks

While there won’t be a flurry of agreements on contracts for next season today which is often the norm on Canada Day, it appears that significant progress is being made in CBA discussions. Here is a roundup of the latest news and notes:

• Signing bonuses that were scheduled for today will be paid and not deferred to the beginning of the next league year, reports TSN’s Bob McKenzie (Twitter link). However, with today being a holiday in Canada and Saturday being one in the United States, the payments may not physically be made until next week. The escrow rate is still yet to be determined as well.
• An interim extension has been agreed upon with regards to player contracts that were initially set to expire today, notes TSN’s Frank Seravalli (via Twitter). While not specified, the extension would likely run until the start of the next league year which, as things stand, is likely sometime in mid-to-late October. Seravalli adds that players will be allowed to opt out of returning to play for the upcoming postseason if they so desire.
• Players that were hoping to sign entry-level deals and be eligible to play in the play-in round/playoffs will not be able to do so, tweets McKenzie. However, as CapFriendly points out (Twitter link), today remains the last day for players signed for next season to sign a 2020-21 contract until the opening of the free agent market; it had been June 1st but had been extended. Barring another extension, a decision will still need to be made on whether those players could sign for this season and burn a year of their contracts without actually playing.
• Included in the CBA discussions was a cap on capping the year-to-year variability on salaries as well as limit on signing bonuses, reports Sportsnet’s Elliotte Friedman (Twitter thread). Whether or not those were successful remains to be seen. Meanwhile, Friedman reiterated that the expected salary caps for the upcoming seasons are $81.5MM in 2020-21 and 2021-22 and $82.5MM in 2022-23. That will certainly present some challenges for teams that already are tight to the current $81.5MM Upper Limit as well as ones that have pending new deals that will take them to that level.

The CBA extension remains a part of the NHL’s Return to Play plan which is expected to also feature more concrete deals of the final two phases of that plan – training camps and the hub cities. The contenders for those hubs seem to be changing regularly but the most recent forecast has Toronto and Edmonton in the lead although CBC’s Devin Heroux relays (via Twitter) that Toronto Public Health has not been notified of any selection from the league just yet. This final package, assuming it’s officially agreed upon, will need to be voted on by all of the players and not just the team representatives; that process will take a few days at a minimum.

 

[Kaners Bald Spot]

Latest update with no mention of buyouts.

Latest On CBA Talks


Latest On CBA Talks

While there won’t be a flurry of agreements on contracts for next season today which is often the norm on Canada Day, it appears that significant progress is being made in CBA discussions. Here is a roundup of the latest news and notes:

• Signing bonuses that were scheduled for today will be paid and not deferred to the beginning of the next league year, reports TSN’s Bob McKenzie (Twitter link). However, with today being a holiday in Canada and Saturday being one in the United States, the payments may not physically be made until next week. The escrow rate is still yet to be determined as well.
• An interim extension has been agreed upon with regards to player contracts that were initially set to expire today, notes TSN’s Frank Seravalli (via Twitter). While not specified, the extension would likely run until the start of the next league year which, as things stand, is likely sometime in mid-to-late October. Seravalli adds that players will be allowed to opt out of returning to play for the upcoming postseason if they so desire.
• Players that were hoping to sign entry-level deals and be eligible to play in the play-in round/playoffs will not be able to do so, tweets McKenzie. However, as CapFriendly points out (Twitter link), today remains the last day for players signed for next season to sign a 2020-21 contract until the opening of the free agent market; it had been June 1st but had been extended. Barring another extension, a decision will still need to be made on whether those players could sign for this season and burn a year of their contracts without actually playing.
• Included in the CBA discussions was a cap on capping the year-to-year variability on salaries as well as limit on signing bonuses, reports Sportsnet’s Elliotte Friedman (Twitter thread). Whether or not those were successful remains to be seen. Meanwhile, Friedman reiterated that the expected salary caps for the upcoming seasons are $81.5MM in 2020-21 and 2021-22 and $82.5MM in 2022-23. That will certainly present some challenges for teams that already are tight to the current $81.5MM Upper Limit as well as ones that have pending new deals that will take them to that level.

The CBA extension remains a part of the NHL’s Return to Play plan which is expected to also feature more concrete deals of the final two phases of that plan – training camps and the hub cities. The contenders for those hubs seem to be changing regularly but the most recent forecast has Toronto and Edmonton in the lead although CBC’s Devin Heroux relays (via Twitter) that Toronto Public Health has not been notified of any selection from the league just yet. This final package, assuming it’s officially agreed upon, will need to be voted on by all of the players and not just the team representatives; that process will take a few days at a minimum.

f***, no buyouts. That blows. Idk how they can do that to so many teams.

 

[Kevin Musto]

How can you keep the cap flat for 3 years and not offer a buyout? Crazy.

 

[CallMeShaft]

This is just gonna force FA's to take a fraction of what they deserve relative to the rest of the league.

Sucks to guys like Kubalik, Strome, and Crow, but most teams, not just the Hawks, can't afford to pay them what they're worth because of this.

 

[Malagahawks]

More of the same, no buyouts.

 

[Rick C137]

I’m sure Seattle is thrilled with a flat cap. They have even more leverage than Vegas did with cap strapped teams now. They can really end up with a nice haul if they play their cards right.

 

[IU Hawks fan]

So drop it, everyone.

 

[hawksrule]

We're going to be stuck with the Seabrook contract forever.

 

[Drumman44]

We're going to be stuck with the Seabrook contract forever.

Gonna be a lot of LTIRetirements. Lot of high cap hit 34+ year olds here

 

[ChiHawk21]

our only hope is he recovers enough to be a 7 for a few years.

 

[Hawkaholic]

So drop it, everyone.

Kind of figured this would happen a year or two ago when some were just automatically getting rid of Seabs with the amnesty buyout in the new CBA.

Only hope now is that Seabs can't make a comeback physically, and I don't see that happening either.

 

[LavalPhantom]

Kind of figured this would happen a year or two ago when some were just automatically getting rid of Seabs with the amnesty buyout in the new CBA.

Only hope now is that Seabs can't make a comeback physically, and I don't see that happening either.

Or he retires and becomes the highest paid assistant coach in the league.

 

[RayP]

Or he retires and becomes the highest paid assistant coach in the league.

If he retires wouldn’t that be even more of a blow to our cap?

 

[LavalPhantom]

If he retires wouldn’t that be even more of a blow to our cap?

No I don’t think so. But he would be forfeiting the rest of his contract, which makes this totally unlikely.

 

[Hawkaholic]

Or he retires and becomes the highest paid assistant coach in the league.

That's not happening either.

 

[Styles]

We're going to be stuck with the Seabrook contract forever.

2 years.

 

[Kaners Bald Spot]

2 years.

I don't think that they will be able to dump it until there's one year left and a team is willing to use the regular buyout. I also don't know how Seabrook is going to take sitting in the press box most nights. It might just end with a conversation between the Hawks Brass and Seabs that ends with a failed physical and LTIR.

The other thing that might help the Hawks keep their younger players is that Shaw is probably going to LTIRetire.

 

[Styles]

I don't think that they will be able to dump it until there's one year left and a team is willing to use the regular buyout. I also don't know how Seabrook is going to take sitting in the press box most nights. It might just end with a conversation between the Hawks Brass and Seabs that ends with a failed physical and LTIR.

The other thing that might help the Hawks keep their younger players is that Shaw is probably going to LTIRetire.

Pay his bonus in the summer or 2022 and he’s only owed 5.5M over the last 2 years. Attach a first+ and its probably enough. The plus most likely is only a B prospect nothing huge. I doubt he will still be playing at that time either.

 

[Ace Card Bedard]

our only hope is he recovers enough to be a 7 for a few years.

Yes, that's my hope.
If the surgeries help him get more mobile, he can be a decent player again.
I don't expect him to be a star top-pairing defenseman like he was but being that #6-#7 veteran guy would be just fine.

 

[Kaners Bald Spot]

Pay his bonus in the summer or 2022 and he’s only owed 5.5M over the last 2 years. Attach a first+ and its probably enough. The plus most likely is only a B prospect nothing huge. I doubt he will still be playing at that time either.

A lot will depend on how good the Hawks are at that time. If they're still wallowing in mediocrity I could see them just riding it out.

 

[Styles]

Has there been any news on Seabrook potentially coming back for the play in? It would be nice to see a little taste of what he has left in the tank before next season. The original time table was 5-6 months. I wouldn’t put it past him to try and return. Could be his last ride.

The defenseman should be ready to return to on-ice activities in the next five-to-six months, meaning that he would likely be ready for training camp in September, barring any setbacks.

Brent Seabrook Undergoes Surgery on Right Hip, Blackhawks Say