Some more CBA unknown info

[RangerBoy]

is that for purposes of the salary cap the average salary of all remaining years on an existing contract is applied for each year of the deal. That means captain Mats Sundin, with three years remaining on his contract at $6.8 million (all figures U.S.), $7.6 million and $4.6 million, will be assigned a salary for the next three seasons of $6.3 million

Other big winners in the new CBA will be European players, whose rights now come into line with their North American counterparts. Late-blooming Europeans will now have to be signed as free agents because the new deal stipulates that they can only be drafted until the age of 22. More importantly, teams will have only two years after they draft a European to sign him, the same way it is with North Americans. Previously, teams could draft Europeans and basically hold their rights in perpetuity

No more Marek Zidlicky's in the 6th round at the age of 24

http://www.thestar.com/NASApp/cs/Co...ageid=968867503640&col=970081593064&t=TS_Home

During the off-season, teams are allowed to have a payroll up to 110 per cent of the cap, a maximum of $42.9 million.

Players with 10 years of service or 600 games can request a single hotel room(this is my favorite )

Restricted free agents have until Dec. 1 to re-sign with their teams otherwise they cannot play in the NHL for the duration of the season

http://www.thestar.com/NASApp/cs/Co...7&call_pageid=1044442959412&col=1044442957278

Click to read more...

 

[bcrt2000]

sounds like using the average salary over the length of a contract is only for existing contracts, not new ones

 

[RangerBoy]

According to several NHL team officials who are still sifting through the new agreement, players will no longer receive team bonuses, money that used to be paid out if a team recorded a specific number of wins or made the playoffs. Individual performance bonuses will be paid to players who have existing contracts (minus the 24-per-cent rollback) but players negotiating new deals will be subjected to limitations.

For example, if a player leads the league in scoring or is voted the top goaltender, he will receive a bonus payment from the NHL. The standardized bonus money would not count against the individual team's cap of $39-million (all figures U.S.) but would instead count against the league-wide cap that guarantees 54 per cent of all revenue to the players.

To prevent teams from circumventing the $39-million cap, there are regulations against renegotiations, cash sales, reimbursements, options and revisions. Teams cannot say to a player, "Buy a house and we'll pay you for it." Side deals cannot be redirected through a team's minor-league affiliate, either.

http://www.theglobeandmail.com/servlet/story/RTGAM.20050720.wxnhlbonuses20/BNStory/Sports/

 

[sveiglar]

For example, if a player leads the league in scoring or is voted the top goaltender, he will receive a bonus payment from the NHL. The standardized bonus money would not count against the individual team's cap of $39-million (all figures U.S.) but would instead count against the league-wide cap that guarantees 54 per cent of all revenue to the players.

This makes sense.

 

[JOHNBOY]

I like.

 

[sveiglar]

Donald Rumsfeld explains the new CBA: "There are what we call known knowns.. those are things that we know exist, and we know about. There are also known unknowns, things that we suspect are there but don't know details of. Then there are unknown unknowns..."

edit: Rummy, you idiot!

 

[Mess]

Some more stuff from the new CBA

The NHL in its new world order will also do away with option years on contracts. A three-year deal will be a fixed term. Several NHL sources said it's likely that both the players and their teams would want to sign short-term deals rather than lock into anything beyond three years.

No more Option years on contracts ...!!!

According to several NHL team officials who are still sifting through the new agreement, players will no longer receive team bonuses, money that used to be paid out if a team recorded a specific number of wins or made the playoffs.

Individual performance bonuses will be paid to players who have existing contracts (minus the 24-per-cent rollback) but players negotiating new deals will be subjected to limitations.
For example, if a player leads the league in scoring or is voted the top goaltender, he will receive a bonus payment from the NHL. The standardized bonus money would not count against the individual team's cap of $39-million (all figures U.S.) but would instead count against the league-wide cap that guarantees 54 per cent of all revenue to the players.

The NHL will now pay the top players and trophy winners and it will not count against an individual cap.

There are exceptions for individual performance bonuses. Any player 35 or older on a one-year contract can receive a bonus, as can a player with 400 games of NHL experience who spent 100 days on the injured list the previous year. Those bonuses will count against the team's cap.

Injured players and older player exceptions to performance bonuses ..

To prevent teams from circumventing the $39-million cap, there are regulations against renegotiations, cash sales, reimbursements, options and revisions. Teams cannot say to a player, "Buy a house and we'll pay you for it." Side deals cannot be redirected through a team's minor-league affiliate, either.

Loophole have been serious addressed , however penalties not metioned yet, but it will be interesting to see how severe they are ..

Full Story:
http://www.theglobeandmail.com/servlet/story/RTGAM.20050720.wxnhlbonuses20/BNStory/Sports/

 

[mooseOAK*]

Dick Cheney explains the new CBA: "There are what we call known knowns.. those are things that we know exist, and we know about. There are also known unknowns, things that we suspect are there but don't know details of. Then there are unknown unknowns..."

You mean Rumsfeld, of course.

 

[sveiglar]

You mean Rumsfeld, of course.

Of course. But it's still funny (at least to me).

 

[JOHNBOY]

Of course. But it's still funny (at least to me).

I thoguht it was funny still, lol.

 

[MacDaddy TLC*]

Loophole have been serious addressed , however penalties not metioned yet, but it will be interesting to see how severe they are ..

Full Story:
[url="http://www.theglobeandmail.com/servlet/story/RTGAM.20050720.wxnhlbonuses20/BNStory/Sports/"]http://www.theglobeandmail.com/servlet/story/RTGAM.20050720.wxnhlbonuses20/BNStory/Sports/[/url]

Does it say anywhere that teams cannot hire the players wife as "Office Staff" at ridiculous salaries or are we still able to try and slide through that little window of opportunity?

 

[Seachd]

No more Marek Zidlicky's in the 6th round at the age of 24

Very interesting. Does this mean since they're easier to get, there will be a lot of European free agents coming over, or fewer because the supply suddenly got higher? Or one and then the other? Will teams have to sign previous European draft picks by a certain time, or will this not apply to them?

 

[RangerBoy]

Very interesting. Does this mean since they're easier to get, there will be a lot of European free agents coming over, or fewer because the supply suddenly got higher? Or one and then the other? Will teams have to sign previous European draft picks by a certain time, or will this not apply to them?

Guess the European free agents will not be part of the entry level system

Teams will have to sign their european draft picks within two years of drafting them.Just the CHL players.Or lose their rights

 

[Mess]

Does it say anywhere that teams cannot hire the players wife as "Office Staff" at ridiculous salaries or are we still able to try and slide through that little window of opportunity?

 

[Mess]

Guess the European free agents will not be part of the entry level system

Teams will have to sign their european draft picks within two years of drafting them.Just the CHL players.Or lose their rights

The old CBA based it on age though 18 - 25 years signed to your first NHL contract was subject to ELS system just less years based on age .

Will be interesting to see how this changes under the new CBA ..

What about previously drafted Euro's ??

Is the clock ticking on Ovechkin and Malkin and their teams have only 1 more year to come to a deal ore the re-enter or become UFA ??

What about Euro transfer fees of old ?? ..

If you draft a Euro now and he comes with a $1 mil transfer fee to get his rights to NA does that count against a team cap ??

 

[Douggy]

Injured players and older player exceptions to performance bonuses ..

This is good. It will allow teams to sign guys like Lindros, Berard, and Allison to fair, low risk contracts.

 

[Mess]

This is good. It will allow teams to sign guys like Lindros, Berard, and Allison to fair, low risk contracts.

and Mogilny type players that got paid all last year as injury insurance ..

 

[Kaizer]

Other big winners in the new CBA will be European players, whose rights now come into line with their North American counterparts. Late-blooming Europeans will now have to be signed as free agents because the new deal stipulates that they can only be drafted until the age of 22. More importantly, teams will have only two years after they draft a European to sign him, the same way it is with North Americans. Previously, teams could draft Europeans and basically hold their rights in perpetuity

That's huge. I like it a lot. I like it even more than hard cap

 

[MaV]

I'm hearing the new IIHF transfer deal would have signing deadline of 15th of June. If that happens, draft and sign wouldn't have worked with older players from Europe anyway. This new system is much more fair to euro players, though most likely the number of them getting drafted will drop a lot. Even if the draft age would be raised, 21 is very young age for many European players to sign. Or maybe we'll see euro prospects being signed, but assigned to their European teams.

 

[speeds]

finally found out what happens with RFA offer sheet compensation:

Max compensation is now 4 firsts for 5+ mil players.


Will this change the frequency with which RFA offer sheets are given out?

 

[Taranis_24]

The old CBA based it on age though 18 - 25 years signed to your first NHL contract was subject to ELS system just less years based on age .

Will be interesting to see how this changes under the new CBA ..

What about previously drafted Euro's ??

Is the clock ticking on Ovechkin and Malkin and their teams have only 1 more year to come to a deal ore the re-enter or become UFA ??

What about Euro transfer fees of old ?? ..

If you draft a Euro now and he comes with a $1 mil transfer fee to get his rights to NA does that count against a team cap ??

Messenger good question. Would like to add that if the '03 and '04 draftees are able to take the benefits(minimum salary, bonuses) of the previous CBA would they also be confined to the restrictions of the previous CBA, like being property of the the team drafting them until 30 or 31 from the european player perspective?

 

[Mess]

Messenger good question. Would like to add that if the '03 and '04 draftees are able to take the benefits(minimum salary, bonuses) of the previous CBA would they also be confined to the restrictions of the previous CBA, like being property of the the team drafting them until 30 or 31 from the european player perspective?

What about ??

So what happens to a players like top prospects Alexander Perezhogin or Igor Grigorenko drafted in 2001 and unsigned both are will be 22 soon. ?

When do they have to be signed by ??

If they don't accept the offer from the drafting team are they UFA to sign with anyone ??

 

[Kaizer]

What about ??

So what happens to a players like top prospects Alexander Perezhogin or Igor Grigorenko drafted in 2001 and unsigned both are will be 22 soon. ?

When do they have to be signed by ??

If they don't accept the offer from the drafting team are they UFA to sign with anyone ??

Perezhogin has 3-years contract with Habs. 1 year left, as I know.

 

[Mess]

Perezhogin has 3-years contract with Habs. 1 year left, as I know.

Good point on him what about the 100's of other Euro's .. players like

Alexei Kaygorodov Center
Born Jul 29 1983
Height 6.00 -- Weight 192
Selected by Ottawa Senators round 2 #47 overall 2002 NHL Entry Draft

Now will 22 before the draft so he can't re-enter ..

Was 2nd in scoring in the RSL last year ??

Will he be a UFA in a week if unsigned and is he confined to the ELS system when signed by someone else ??

 

[Timmy]

Loophole have been serious addressed , however penalties not metioned yet, but it will be interesting to see how severe they are ..

Full Story:
http://www.theglobeandmail.com/servlet/story/RTGAM.20050720.wxnhlbonuses20/BNStory/Sports/

Yeah, it's quite shocking that in a 600 page document there's a clause that effectively puts a blanket over any loophole real, imagined, or not yet thought of.

Who would have thought they'd protect themselves in such a manner?

Oh, right, about 90% of fans who kept saying this CBA would be tight as a tank.

I hope we can sticky some clauses, once they're public, to end the speculation of players washing their daughter's wiener dog for $5 million dollars after a three-way buyout-and-trade-and-under-the-table-understanding-wink-wink bull**** that keeps getting proposed.