I'm gonna miss the random Philly fans that wonder over to Mike's blog to tell us how stupid we are in not believing Vinny will retire after the 2014-15 season
- walshyleafsfan

even if vinny doesn't retire, I rather have 2.25 in retained cap for 2 seasons than 4.5 for 2 seasons for a healthy scratch or a buyout hit for 4 seasons.

Now correct me if I'm wrong here but Philly will indeed still be stuck with the cap hit just not the player. Schenn is UFA to be so his 50% is off the books next season.

Vinny however is 50% retained this season, goes on a Cup run with LA and retires in the off-season, something I believe all parties understand. At this point the 35+ retire rule kicks in and the Cap Hit Recapture rule so Philly I believe gets stuck with some type of cap hit for the next two years.
- Blazed

Lecavalier is not signed to a 35+ deal, nor would cap recapture penalties apply. Cap recapture only applies to deals signed in the previous CBA.

That's not true at all. Read the CBA. Cap recapture penalties affect any contracts that are front loaded regardless of when they were signed.

To calculate recapture, take the amount of cash the team actually paid the player, subtract the cap hit charged for that player, then divide the difference over the remaining contract term at time of retirement.

Philadelphia paid him $12M over the first two seasons, plus a $2M signing bonus this year, plus the pro-rated portion of $2.5M for this season (around $1.2M), for a total of $15.2M. His charged cap hit to Philly will be around $11.1M. If he retires at the end of the year, the Flyers will have the difference ($4.1M) divided over the remaining term of the contract (2 years) applied to the cap hit.

Therefore the Flyers will get a cap recapture penalty of around $2.05M for the next two seasons.
- tkecanuck341

wrong

That's not true at all. Read the CBA. Cap recapture penalties affect any contracts that are front loaded regardless of when they were signed.

To calculate recapture, take the amount of cash the team actually paid the player, subtract the cap hit charged for that player, then divide the difference over the remaining contract term at time of retirement.

Philadelphia paid him $12M over the first two seasons, plus a $2M signing bonus this year, plus the pro-rated portion of $2.5M for this season (around $1.2M), for a total of $15.2M. His charged cap hit to Philly will be around $11.1M. If he retires at the end of the year, the Flyers will have the difference ($4.1M) divided over the remaining term of the contract (2 years) applied to the cap hit.

Therefore the Flyers will get a cap recapture penalty of around $2.05M for the next two seasons.
- tkecanuck341

That is incorrect. There are no recapture penalties associated with Lecavalier's contract.

Do they have cap recapture penalties from the retirement?
- muffin_man

No

The 2013 CBA states that any long-term contract — defined as seven years or more — entered into on or before Sept. 15, 2012, is eligible for cap advantage recapture if a team received a “cap advantage” from it at the time the player retires or defects from the NHL."

Vinny's contract was signed in 2013, and it was only five years long.

http://www.nhlfreeagents.com/?_escaped_fragment_=cap-recapture/c1tb3#!cap-recapture/c1tb3

35+ rule only applies if the contract was signed when the player was 35. It does not apply in this case. Philly will get hit with recapture penalties if he retires though, and they will have to eat approx $1.5M for two years.
- tkecanuck341

This is not the case since the deal was signed on the current CBA, which fixed the issues that required cap recapture to begin with. IE front loaded deals with small salary on the back end that drove down the AAV.

This is not the case since the deal was signed on the current CBA, whichd fixed the issues that required cap recapture to begin with IE front loaded deals with small cap hits on the back end that drove down the AAV.
- MBFlyerfan

Hextall doe

Schenn is a UFA and Vinny's agent states he is retiring at the end of the season so the salary cap space cleared for next season and beyond is huge. a buyout would have had Vinny on the books for 4 yrs. and to boot the Flyers get a 3rd and prospects so explain how this is bad for the Flyers?
- nastyflyergirl

read my post again, sweetheart.

you're actually agreeing with me.

wrong
- Crimsoninja

i enjoyed the "speaking in absolutes" aspect though..

Frank Seravalli ‏@frank_seravalli 11m11 minutes ago
BTW: For #Flyers, that trade essentially ends up being James van Riemsdyk for Jordan Weal and a third-round pick. (Interesting)


#Flyers' buried / retained salary is astronomical: Vinny ($2.25M), MacDonald ($3.975M), Schenn ($1.8M), Gagner ($2.25M), Grossmann ($500K).Keep in mind, #Flyers still paying Bryzgalov ($1.63M thru 2025) and Briere ($800K this season). A lot of dough for players not on your team.

didn't realize it was that bad
- yen6d1

And AGAIN I ask... How exactly has JVR made his teammates better again ? He hasn't thats how. When Luke is paired with a good defenseman he wasn't bad at all. I love these people that think JVR is such a great player. He's terrible defensively, and isn't even a PPG player. STOP with the stupidity on JVR

read my post again, sweetheart.

you're actually agreeing with me.
- conkey

my bad honey

i enjoyed the "speaking in absolutes" aspect though..
- conkey

pretty sure that will be the final post from tkecanuck341 on this hockey website

my bad honey
- nastyflyergirl

And AGAIN I ask... How exactly has JVR made his teammates better again ? He hasn't thats how. When Luke is paired with a good defenseman he wasn't bad at all. I love these people that think JVR is such a great player. He's terrible defensively, and isn't even a PPG player. STOP with the stupidity on JVR
- twpguy

I disliked that trade the moment that happened (not that I disliked Schenn but thought they should have gotten more) but it has nothing to do with this move and it was done by a previous GM.

- Crimsoninja

lol i threw the sweetheart in specifically cause i knew she'd hate it.

pretty sure that will be the final post from tkecanuck341 on this hockey website
- Crimsoninja

I have to say I'm thrilled that Kings were able to acquire Lecavalier without having to give up Ryder, Halak and a 2nd.

(Note to the new kids: this comment is funny if you were a regular here sometime around the 2008-09 season.)

I have to say I'm thrilled that Kings were able to acquire Lecavalier without having to give up Ryder, Halak and a 2nd.

(Note to the new kids: this comment is funny if you were a regular here sometime around the 2008-09 season.)
- acc66pgh

You could have offered your lowest of class hooker for vinny and we would have driven him to california in our own cars if need be!

I have to say I'm thrilled that Kings were able to acquire Lecavalier without having to give up Ryder, Halak and a 2nd.

(Note to the new kids: this comment is funny if you were a regular here sometime around the 2008-09 season.)
- acc66pgh

Also known as the RH2 mega offer

pretty sure that will be the final post from tkecanuck341 on this hockey website
- Crimsoninja

From the CBA:

For any period during which the Player under a Long-Term
Contract is no longer playing in the League during the term of that
Long-Term Contract by reason of retirement, "defection" from the
NHL or otherwise (but not death) (such that he is not playing and
is not receiving Salary pursuant to that Long-Term Contract), an
amount attributable to that Player shall nonetheless continue to be
included in his Club's Averaged Club Salary as described below.

"Long-Term Contract" is described as any contract longer than six-years, but it says nothing about when it was signed. I did not know about the six-year rule, which would rule out Lecavalier in this case, but it would still affect seven and eight year contracts, would it not?

From the CBA:



"Long-Term Contract" is described as any contract longer than six-years, but it says nothing about when it was signed. I did not know about the six-year rule, which would rule out Lecavalier in this case, but it would still affect seven and eight year contracts, would it not?
- tkecanuck341

I do not believe thats correct. Is that this cba or last?

I do not believe thats correct. Is that this cba or last?
- jmdodgeser4

http://www.nhl.com/nhl/en...12/NHL_NHLPA_2013_CBA.pdf

From the CBA:



"Long-Term Contract" is described as any contract longer than six-years, but it says nothing about when it was signed. I did not know about the six-year rule, which would rule out Lecavalier in this case, but it would still affect seven and eight year contracts, would it not?
- tkecanuck341

No, not sure why you won't listen to those who know. It only applies to deals signed before a certain date, which is in 2012 I believe.

Hockey Buzz Eklund ‏@Eklund 46s46 seconds ago
Seth Jones for ryan Johansen e5