Five days from whenever the offer sheet was officially submitted to the Central Registry. Two days before Nashville’s deadline to match or refuse. That assumes, of course, that the league hasn’t already approved the contract; but if they have, I haven’t heard anything about it. (The five days deadline is for summer only; during...
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Posts Tagged ‘ CBA ’
P.S. the league has till Monday or Tuesday to approve or reject Weber offer sheet
Weber Circumvention, pt. 2
A few additional thoughts after last night’s post. Back in the Summer of Kovalchuk, much was made of the fact that the tail of the (ultimately rejected) contract was minuscule compared to the front-loaded years, by a long shot when compared to other similar deals (e.g. Luongo, Hossa). I wrote a post called The League’s...
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Weber Offer Sheet: CIRCUMVENTION?
One interpretation of Philly's offer sheet is that they're trying to make it actually impossible for Nashville to come up with the money. They're not trying to force Nashville into a cap-crisis (which is a strategy the CBA anticipates). They're trying to force more money into season one of the deal than is allowed by the...
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Shea Weber CBA offer sheet compensation CHEAT SHEET
I’ve been reading some crazy stuff on the topic of Shea Weber’s offer sheet. I just wanted to jot down some quick thoughts before bed. Nashville has seven days to match the offer sheet signed by Weber. If they match, the offer sheet becomes a valid contract between Weber and Nashville. If they don’t,...
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Why the Flyers Owe the Preds FOUR FIRST ROUND PICKS
You need to check out Article 10.4 of the CBA. It states: 10.4 Draft Choice Compensation for Restricted Free Agents The number and quality of draft choices due shall be based on the average annual value of the compensation contained in the Principal Terms (as defined in Section 10.3(e) hereof) of the...
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If there’s a strike, do we get to keep the cup?
I kid. It's not as bad as all that. It probably isn't.
Report: NHL offer would reduce players hockey related revenue by 11 percent - CBSSports.com
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No, the new CBA won’t limit contracts to five years
Whatever the new CBA does to put the damper on the "big tail" contracts, it's going to have to be with an eye toward incremental change. Off the top of my head, I expect:
- Contracts for players under the age of 35 will not be allowed to take the player past 40, and maybe that...
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2013 UPDATE: NHL Waiver Rules in Plain English
The NHL waiver rules manage to confuse everyone sooner or later, even the experts. So I took a stab at translating them. Here’s my version of Article 13 of the CBA, in plain English: ARTICLE 13 – WAIVERS AND LOANS OF PLAYERS 13.2 The “Playing Season Waiver Period” The “Playing Season Waiver Period” (which...
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Q: Are the Suter/Parise deals a circumvention of the CBA? A: No
I’ve read a few comments around the interpucks complaining about the questionable legality of the new matching mega-deals for Zach Parise and Ryan Suter. I saw several variations on “tell me how this is any different than the Kovalchuk contract!” Okay, I’ll tell you. (If you want to drill deeper into this topic, I...
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Signing bonus plus salary can’t exceed $14MM
So there’s no “$24 million” upfront. Sorry. The CBA limits salary plus bonuses in any given year to 20% of the upper limit in the year in which the contract is signed. Winger Zach Parise has a once-in-a lifetime chance to get maximum dollars in unrestricted free agency. He can write his own ticket....
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