More CBA Updates

CBC’s Elliott Freidman says the new CBA doesn’t hurt Roberto Luongo

James Mirtle explains the NHL’s salary cap could hit $90-million

CapGeek.com tells us Rostislav Olesz would have a $2.25M cap hit if buried in Rockford this year. They also reported that re-entry waivers have been eliminated, and there has been no change to the 35+ rules.

 

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3 Responses to More CBA Updates

  1. ozzzie19 says:

    Posted this in the last CBA thread, but applying the Luongo rule to our guys…

    Hmmm, well that really sucks about penalizing backdiving contracts signed under the previous CBA. Should Hossa retire after the 2016-2017 season (he’ll be 38) or anytime thereafter, the Hawks will have an annual cap hit of $4.275M through the 2020-2021 season

    Should Keith retire when he turns 38 (after the 2020-2021 season), the Hawks would have a $3.74M cap hit for the last two years of his contract. Should he retire after he turns 35 (after the 2018-2019 season), the Hawks would have a $3.1M cap hit for the last 4 years of his contract.

    Its not inconceivable by any stretch of the imagination that these two contracts could result in the Hawks accruing cap penalties of nearly 10% of their cap for a few years.

    Addendum…I’m sure we’ll just use the LTIR loophole to eschew these cap penalties.

  2. Ryan says:

    This CBA gives each team the ability to amnesty 2 players per year. (I used amnesty cause that is the term the NBA uses currently.) This gives each team the ability to get rid of any 2 players per yr and not have their remaining salary count against the cap. However, the team must pay the remainder of the contract.

  3. Ryan says:

    I apologize I was a little over zealous in my last comment. Under the new CBA each team is allowed Compliance Buyouts. These can be done only in June of 2013 and June of 2014. I am not sure if teams are allowed 2 total or 2 per buyout period. And the payment schedule is the same as typical buyouts but those Compliance buyouts don’t count against the Cap.

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