Speculation: request for clarification, restrictions on players traded back

[bernmeister]

no 'discussion' prefix, this is closest...


In a prearranged first part to a larger deal,
post season
Team A trades
Smith [irrelevant contract info]
to
Team B
for Jones, say he expires next season at 6

Team B has lots of cap space, and team A, which doesn't, would like Jones but only if at half price. A will pay B to send him back retained.

So far there is no retaining on Jones.

Then, B agrees to eat 50% max on Jones and swaps him back to A, for whatever, say a draft pick.

Now I know there are restrictions about a team taking back the same player it already dealt to another team with retained salary already on that player.

But that is not the case here, I think.
Jones was not initially retained by A, so he can go back to A.
Once B retained, Jones cannot go back to B for at least one year.

Do I have that right or am I overlooking something or is that some further sub-rule I am not aware of that applies?

Til later pm,
thanks for replies

Click to read more...

 

[Khelandros]

Everything looks correct.

 

[Seachd]

Even if it follows the rules, I’m pretty sure the league can get involved if it even thinks you’re working the cap.

If they decide this is just a team’s take on circumvention, then it likely wouldn’t be allowed.

 

[ManwithNoIdentity]

Yikes..

Only way to describe OP

 

[Canada4Gold]

No that's not allowed per the CBA, page 273

(C) Under no circumstances may a Club:

...

(4) Reacquire as part of a Retained Salary Transaction the SPC of a Player who was on that Club's Reserve List within the past calendar year;

Illustration: If Club A Trades the SPC of a Player to Club B (the "Initial Trade"), Club B cannot subsequently Trade an SPC of such Player back to Club A within one (1) calendar year from the date of the Initial Trade and retain a portion of the Averaged Amount of that SPC pursuant to a Retained Salary Transaction. However, Club B may Trade an SPC of the Player back to Club A within one (1) calendar year from the date of the Initial Trade if Club B does not retain any portion of such Player's SPC.

http://www.nhl.com/nhl/en/v3/ext/CBA2012/NHL_NHLPA_2013_CBA.pdf

 

[bernmeister]

No that's not allowed per the CBA, page 273



http://www.nhl.com/nhl/en/v3/ext/CBA2012/NHL_NHLPA_2013_CBA.pdf

thanks to all, this seems to answer it.
If it is literally the last calendar year, the only loophole is you can make a deal in 2019 and do what I described effective in 2020, even if Jan 1. is only short time away.

However, that is too cumbersome for my purposes.

----------

I wanted to do 2 deals.
First a minor one, trade like
Strome + Namest. for Crawford + __________ x

Then send expiring Crawford back to the Hawks at 50% max retained + ______________
for
_______________ profit

hadn't worked out the details, but obv, the idea was for Rangers to get a broker's fee for arranging cap relief to Chicago as part of a larger deal.

 

[Khelandros]

No that's not allowed per the CBA, page 273



http://www.nhl.com/nhl/en/v3/ext/CBA2012/NHL_NHLPA_2013_CBA.pdf

Nice find. Was looking for that but couldn't find it.

 

[BurgoShark]

Would something like this be allowed? Not proposing it. As per the OP I’m just asking about the rules...

Joe Bloggs has 4 years left at $6m, with $3m each year in signing bonus. His team (team A) has lots of cap space but are cash poor. He isn’t worth the $6m so his trade value is very low.

Fred Nerk has an identical contract for a team up against the cap. He is a good player but over-paid and the team (B) wants to move him to free up cap space.

So...

Joe Bloggs is traded to team B on 30 June

Joe Bloggs and Fred Nerk are traded to team A on 2 July.... or Nerk is traded and Bloggs is waived then claimed by team A.

Team B are basically paying $3m in cash (Joe Bloggs bonus) to facilitate the trade, without taking on any cap hit.

No salary retention so the rule referenced here earlier doesn’t apply.