When a team goes into LTIR, their effective salary cap, or upper limit, is changed. I'm excited to see what creative solution Vancouver comes up with. The last thing I want to do is look at the Kovalchuk deal that the NHL rejected. If recalling a player would result in the team exceeding the ACSL, the team must have enough relief in the necessary pools. Salary - the largest salary in the single year of a player's contract, in mil $, Max. I really think they need to do more to penalize this. New comments cannot be posted and votes cannot be cast. The Blackhawks would maintain a net cap benefit of $10m+ (up to $18m for Hossa's contract), which could lead to some huge penalties with an early retirement on another team. Luongo retiring isn't a far-fetched idea because he does turn 43 in the final year of the contract. The penalty is spread out over the remaining years of the contract and it basically reduces a team's cap space. 2016-17        MTL             $7.857MM        $12MM           $4.143MM A team has an averaged club salary of $71M and a player with a cap hit of $5M ($5M cap hit, $0 in performance bonuses) becomes injured and the team places him on LTIR. However, if Weber is unable to get over the injuries that have plagued him in Montreal, could he call it quits within the next few years and stick Nashville with a $3.5-$5MM yearly penalty? But none of those compare to some of the deals signed between the last two CBAs. The real reason the blackhawks have been so dominant is because they are the best at circumventing the cap by backloading contracts. They set up this system. Obviously, the Predators have a lot to lose if Weber retires early. 2024-25       MTL*           $7.857MM        $1MM          -$6.857MM Didn’t think it was possible. Yes, Weber was 27 years old and one of the top defensemen in the league, but the contract was top-heavy and carried a $7.86MM cap hit through his age-40 season. There were no Suter and Parise deals to point to. Subban| Penalties| Philadelphia Flyers| Retirement| Ryan Suter| Salary Cap| Shea Weber. Contract Length - full length of the signed contract, in years, Age in Last Year - age of the player in his final year of his contract (+/- 1), Contract Value - the total value of the contract, in mil $, AAV - the average annual value of the contract, in mil $, Max. The calculation is the difference in total salary and total cap hit over the course of the contract with which the player played with the team, divided by the number of years remaining on the contract after retirement. This is because his contract is insanely front-loaded: He makes $14m each his first four years and only $1m per year in his last three seasons. I hope he’s not upset with the Predators organization. They're pretty lucky that he left when he did because $250k for 12 years isn't going to hurt them much. 2012-13        NSH             $7.857MM        $14MM           $6.143MM Now one thing that I have noticed is that this doe seem to produce a loophole. That pretty much guaranteed his buyout. If Weber was to retire today, they would both be penalized. And the highest possibly CRP on the Kovalchuk deal ($5.5m) has been surpassed by the Suter and Parise deals ($6.5m) and the Weber deal ($6.9m). Backloading contracts blatant cap circumvention, and you can easily circumvent cap-recapture penalties by having the player spend his last few years of the contract on LTIR where the cap hit no longer counts and not retire until the contract is up so recapture penalties don't apply. My longtime friend is a diehard Hab guy, lives in the Toronto area and gets grilled on a daily basis, tough sledding!! But actually read it, its pretty interesting. So far over the course of Weber’s contract, both Nashville and Montreal have paid him far beyond what his cap hit would suggest. They can exceed the upper limit until they have exhausted the necessary relief pools. When a player is placed on LTIR, their cap hit remains on the teams cap payroll and it continues to count as it always did. Teams do not receive full cap relief when a player on a one-way NHL contract is reassigned to the American Hockey League, or is loaned to a team in another professional league. Nashville’s total penalty is $24.572MM, while Montreal’s is fluid. And a retirement anywhere between the ages of 38 and 43 years old would have meant the maximum possible penalty against the Devils: $5.5m. This table summarizes the possible CRP for Luongo's contract should he retire any time after 2016. Yes,I used to work for a former NHL Player Agent. There would have been no option to ever trade him because that would worsen any CRP dangers. 2023-24       MTL*           $7.857MM        $1MM          -$6.857MM We are probably going to see a lot of these players either ending up on LTIR or being traded to teams that want the contract to his the cap floor, even if the player laces up for 0 games a season. In Weber’s case, the scenario looks like this: Year           Team           Cap Hit           Salary           Difference * Note: Phil Kessel being traded will affect how CRP works on his contract. Well, one thing is that there has been a massive change in salary structures since the last CBA. Some Real World Data. Easy. 2021-22       MTL*           $7.857MM        $6MM           -$1.857MM Great point. So if Luongo were to retire with one year left on his contract, Vancouver would actually be hit with a CRP of $8.5m. The situation becomes insanely bad for the Blackhawks if they are traded in the next 3-4 years. Shea Weber could retire at 37 and stick the Predators with $6.9m of CRP for three whole years! There is a profit sharing system in place and revenue sharing. But Kessel will be 34 in the final year of this thing so it's a very unlikely scenario. 2019-20                                          $3.51MM                                              $918K But would Kovalchuk have retired in that time? Facing a decreasing salary for the remainder of his contract and concerns about his long-term health, it would be no surprise to see Weber retire in the next two years or so nevertheless by the end of the remaining eight years. The league had since banned all similarly long-term contracts – setting a limit of seven years on the open market and eight years for an extension –  nevertheless the front-loaded, cap-circumventing type that Weber had signed. Also,Entry Level contracts do not count against the cap until 10 games are played. When Weber was then traded to the Montreal Canadiens for P.K. A more realistic scenario is 38-year old Henrik Lundqvist hanging up his skates and sticking the Rangers with a CRP of $3.0m for a year. Many expected when Weber was traded to Montreal that he still had many years left of strong play in him, but it appears that the deterioration of his body has already begun. Had Kovalchuk played for the Devils on that contract past the implementation of the CRP, the Devils would have been in a lot of trouble. Press question mark to learn the rest of the keyboard shortcuts. We are the premiere subreddit to talk everything hockey! The LTIR relief pools are calculated as follows: The league upper limit is $75M. The chances of him playing to a level matching that value over a full 14 years was very slim. Both carry a potential $6.5m CRP in their final two years. LTIR can be used to exceed the salary cap. There's obviously no way they sit back and accept those penalties. But this probably wouldn't be too major of a problem with the salary structure restrictions in place. Wow. By that point, the net cap benefit for Florida will be negative so they won't be penalized at all. The basic equation can be used throughout the NHL regular season, and during the off-season: When a player has an injury of which they are expected to miss a minimum of 10 NHL games and 24 days in the NHL season, the team can place them on long term injured reserve (LTIR). So what is there to take away from this table? Clubs can roster 60 players but designate the top 40 and cannot replace a spot unless injured. The Kovalchuk deal challenged way too many things, way too quickly. Now, Weber is not going to retire this off-season. CapGeek for some numbers that helped me figure out how the penalty is calculated. The cure? Also be aware the Devils are currently stuck with the cap-recapture penalty from Kovalchuk "retiring" to play in Russia.

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