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New CBA details


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#1 SterioDesign

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Posted 06 January 2013 - 04:31 PM

alright so the details have emerged... so

Ten-year term with an opt-out at eight years.

Year 2 salary cap at $64.3 million, with the floor at $44 million.

Seven-year term limit for NHL player contracts (eight years if player is re-signing with his own team).

Salary variance: No more than 35 percent year-over-year and no year less than 50 percent of the highest year.

Teams will have up to two compliance buyouts to use prior to the 2013-14 season but not before this June.

Start of free agency remains July 1 for Years 2 through 10. (oObviously because of the late start, free agency will begin later this year.)

Draft lottery system changes in order to allow all 14 teams that missed the playoffs a crack at the No. 1 overall pick.

source:
http://espn.go.com/b...he-nhls-new-cba

thoughts?
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#2 Triumph

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Posted 06 January 2013 - 04:41 PM

Mirtle reported that the cap escalator, which the NHLPA votes on every June to increase the salary cap (and floor) by 5% is still in this CBA, which is amazing to me.

The NHL did nothing to solve the issues that floor teams have except that they were able to cut salary. In the end, they won far less than I would have thought going in.
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#3 CarpathianForest

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Posted 06 January 2013 - 04:47 PM

So free agency and trades are closed for this season?
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#4 Zubie#8

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Posted 06 January 2013 - 04:48 PM

Does anyone know if any of these buyouts can happen before or during this season?
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#5 CarpathianForest

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Posted 06 January 2013 - 04:51 PM

Does anyone know if any of these buyouts can happen before or during this season?



Teams will have up to two compliance buyouts to use prior to the 2013-14 season but not before this June.
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#6 Zubie#8

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Posted 06 January 2013 - 05:25 PM

Haha thanks I guess I read it too fast.
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#7 DevilMinder

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Posted 06 January 2013 - 06:38 PM

Mirtle reported that the cap escalator, which the NHLPA votes on every June to increase the salary cap (and floor) by 5% is still in this CBA, which is amazing to me.

The NHL did nothing to solve the issues that floor teams have except that they were able to cut salary. In the end, they won far less than I would have thought going in.


Was this - Revenue sharing among teams will spread to $200 million. Additionally, an NHLPA-initiated growth fund of $60 million is included."

Explained in more detail anywhere?
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#8 lilgriffey84

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Posted 06 January 2013 - 07:47 PM

So free agency and trades are closed for this season?

Trade deadline is around the first week of april according to lebrun and free agency will start a week later i believe
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#9 ringtwins

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Posted 06 January 2013 - 08:33 PM

Man, whats to become of the kovy penalty?
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#10 DevilMinder

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Posted 06 January 2013 - 08:35 PM

There was an article about sticking points on CBA evasion and the penalty the Devils received was codified into the new CBA. First offense was forfeit 1 first rounder. Second offense was four first rounders.

There was contention around it because Bettman wanted to be able to apply his own unspecified penalties.
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#11 thefiestygoat

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Posted 07 January 2013 - 12:24 AM

I didn't want this to get lost in the megathread but I feel like this article does a great job examing where the salary cap can go in this CBA and detailing the contract variance. I was going to put the table into the post but I can't figure it out.

Analysis: Breaking down the NHL’s new CBA
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#12 SterioDesign

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Posted 07 January 2013 - 07:34 AM

Posted Image

Edited by SterioDesign, 07 January 2013 - 07:36 AM.

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#13 MadDog2020

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Posted 07 January 2013 - 09:08 AM

There was an article about sticking points on CBA evasion and the penalty the Devils received was codified into the new CBA. First offense was forfeit 1 first rounder. Second offense was four first rounders.

There was contention around it because Bettman wanted to be able to apply his own unspecified penalties.

That sucks. I was hoping that stupid penalty would go away. I wonder if Lou plans to fight it- I would doubt it at this point. I'm also still wondering if he plans to pursue tampering charges against Minnesota for the Parise debacle too, although I'm sure we wouldn't hear about it if he did.


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#14 BlueSkirt

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Posted 07 January 2013 - 10:49 AM

The NHL did virtually nothing to solve the issues that floor teams have except that they were able to cut salary. In the end, they won far less than I would have thought going in.


I agree. The large-market teams continue to get high-revenues well over the cap-limit & put that into their pockets, while smaller-market teams don't gain much at all.
Particluarly when you see the floor raise from 44M --> 70M over the 10 year deal
The Cap-limit goes up 22% over the length of the deal, yet the cap-floor goes up 59%.
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#15 Triumph

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Posted 07 January 2013 - 10:55 AM

That sucks. I was hoping that stupid penalty would go away. I wonder if Lou plans to fight it- I would doubt it at this point. I'm also still wondering if he plans to pursue tampering charges against Minnesota for the Parise debacle too, although I'm sure we wouldn't hear about it if he did.


The penalty's not going away - first of all, the Devils already paid $3M and forfeited a 3rd round pick - and he's not pursuing tampering charges against Minnesota.
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#16 BlueSkirt

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Posted 07 January 2013 - 10:59 AM

Notice the ratio between Ceiling & Floor in Year 3 (since the first 2 years are liek the old-CBA) and see that the difference goes from 34% in Year 3 to 22% in Year 10

This just means smaller market teams will reach the floor by taking on the larger-market teams contract mistakes --- and do so more than they are doing today
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#17 Triumph

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Posted 07 January 2013 - 11:08 AM

Mirtle is reporting that the salary floor will be 15% below the midpoint. Meaning it will go up slower than it has been, which is ultimately good news.
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#18 SterioDesign

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Posted 07 January 2013 - 11:35 AM

havent heard about age or years played to reach ufa or entry level contract length? i assume it stayed the same then?
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#19 Triumph

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Posted 07 January 2013 - 12:39 PM

Yeah, those are the same.

Mirtle also reporting that the cap benefit recapture formula will be applied in this CBA, it works like so:

http://www.theglobea...article6251627/

Under this, if Kovalchuk retired in 2020, when he's 37 and due to make only $10 million over the next 5 years, the Devils would be hit with a dead cap charge of 4.67M for the next 5 seasons. Not onerous given that I expect New Jersey to be a floor-ish team in that time, but not great either. It's unclear how it would work if he were traded in that time.

Edited by Triumph, 07 January 2013 - 12:39 PM.

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#20 MadDog2020

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Posted 07 January 2013 - 12:52 PM

The penalty's not going away - first of all, the Devils already paid $3M and forfeited a 3rd round pick - and he's not pursuing tampering charges against Minnesota.

. I love how you say the last part like you actually know that for sure.


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