FanPost

Trading in the new CBA - I like this.



http://www.theglobeandmail.com/sports/hockey/globe-on-hockey/how-the-nhls-new-salary-trading-system-works/article7033878/

There are four golden rules that apply to retaining salary:

1. Teams can only have three contracts on the books where they’ve retained salary in a trade

2. Teams can keep only up to 15 per cent of the salary cap in a given year, meaning they would max out at $9.645-million under the $64.3-million cap that’s likely to be in place in 2013-14 and 2014-15

3. Only 50 per cent of a contract can be kept

4. A contract can only be traded in one of these deals twice

----

This presents some interesting options for teams trying to get to cap compliance, whom have more than enough players they would perhaps like to buy out. Or need a few extra bucks to get there.

E.G.

Let's say there is a scenario where the Oilers find themselves $500K over the cap after signing the Whitney replacement, Gagner & Smid next year.

To Phoenix

Ben Eager ($550K Salary & Cap Hit)

To Edmonton

5th Round Pick

Oilers retain $550K Salary & Cap Hit

They are now neatly below the cap. Phoenix has a bargain.

E.G. #2

This year for cup run...

To Boston

Brian Gionta ($2.5 M Salary & Cap Hit)

To Montreal

Gregory Campbell

Canadiens retain $2.5 M Salary & Cap Hit)

-----

Following off-season

To NYI

Brian Gionta ($1.25 M Salary & Cap Hit)

To Boston

2nd Round Pick

Bruins retain $1.25 M Salary & Cap Hit.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join The Copper & Blue

You must be a member of The Copper & Blue to participate.

We have our own Community Guidelines at The Copper & Blue. You should read them.

Join The Copper & Blue

You must be a member of The Copper & Blue to participate.

We have our own Community Guidelines at The Copper & Blue. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9355_tracker