Kukla's Korner

Kukla's Korner Hockey

Those Front-Loaded Contracts

from Pierre LeBrun of ESPN, 

...  In the meantime, we are left to speculate on what, if anything, the league will do with back-diving contracts. 

Some theories: 
-- Could the new CBA recalculate back-diving contracts so that years left on a contract still count against the team’s salary cap even if said player retires? 

-- Could all long-term contracts, back-diving or not, be recalculated so that the five highest-salaried years count as the cap hit? Suddenly Hossa’s deal in Chicago would go from a $5.275 million cap hit to a $7.9 million cap hit under that scenario. 

-- Could all existing contracts, long-term or not, be recalculated so that the actual yearly salary for that season counts against the cap and not the average salary? Imagine Minnesota’s reaction if Ryan Suter and Zach Parise would suddenly go from counting $7.53 million (average salary of their new deals) against the cap to $12 million against the cap this season and next? 

more

Filed in: NHL Teams, NHL Talk, NHLPA, | KK Hockey | Permalink
 

Comments

Avatar

Anything could happen, but the NHL isn’t going to change things so much that their biggest market teams get screwed and end up having to dump payroll.

IMO they’ll write something in to exempt current contracts from those changes and then apply them to everything going forward.

Posted by HockeyinHD on 09/20/12 at 02:02 PM ET

redxblack's avatar

I LOVE the idea of the average on the five highest years. That’s how many pensions are calculated and it seems fair.

Posted by redxblack from Akron Ohio on 09/20/12 at 02:15 PM ET

HockeytownOverhaul's avatar

but the NHL isn’t going to change things so much that their biggest market teams get screwed and end up having to dump payroll.

Like lowering the cap without a salary rollback?

Posted by HockeytownOverhaul on 09/20/12 at 02:54 PM ET

Avatar

Like lowering the cap without a salary rollback?

Just because someone in the media says that isn’t going to happen doesn’t mean he’s right.

Posted by Garth on 09/20/12 at 03:45 PM ET

HockeytownOverhaul's avatar

As I understood it Garth, the league did just that with the last offer before the lockout that they said was off the table after Sep 15th.  No rollback and instead take it out of escrow, which doesn’t affect the cap number

Posted by HockeytownOverhaul on 09/20/12 at 03:56 PM ET

HockeytownOverhaul's avatar

And I’d take that over-under the players don’t accept a rollback either, but the league seems hell bent on lowering the cap.  Based on what the average observer has seen, it looks a lot more likely than any other scenerio.

Posted by HockeytownOverhaul on 09/20/12 at 03:58 PM ET

NIVO's avatar

i know no one will go for this, but kill that cap and lets have our all-star wings teams on the ice every year!

Posted by NIVO from underpants gnome village on 09/20/12 at 09:15 PM ET

creasemonkey's avatar

Why even bother signing contracts if a separate entity comes in to change the agreed-upon terms whenever it feels like it?

Posted by creasemonkey from sweet home san diego on 09/20/12 at 11:17 PM ET

Add a Comment

Please limit embedded image or media size to 575 pixels wide.

Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.

Captchas bug you? Join KK or log in and you won't have to bother.

Smileys

Notify me of follow-up comments?

Feed

Most Recent Blog Posts

About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com