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Forums :: Blog World :: Eklund: Flyers and Kings Making Deal
Author Message
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

Jan 6 @ 8:39 PM ET
GET HIM, MJL!
- conkey


I've been waiting, just to see how long he wanted to keep up.
conkey
Location: except it, NS
Joined: 09.06.2011

Jan 6 @ 8:44 PM ET
I've been waiting, just to see how long he wanted to keep up.

- MJL

hmmm. never would have guessed you'd be doing that.

but whatever. continue the punishment.
tkecanuck341
Los Angeles Kings
Location: Irvine, CA
Joined: 06.25.2009

Jan 6 @ 8:53 PM ET
If you used a reliable source, you might get better info. This is from Capgeek.

In order to punish teams for signing “back-diving” contracts under the terms of the 2005 CBA, the NHL implemented a “cap advantage recapture” rule in the 2013 CBA. Back-diving contracts under the 2005 CBA typically had extra years with low salaries tagged on at the end with the purpose of bringing down the contract’s annual average salary/cap hit. The theory was players would retire and never play those low-salary years, meaning the player would have received more salary than the team was actually charged against the salary cap. The cap advantage recapture rule effectively forces teams to “pay back” any “cap advantage” they received from these contracts, should the player retire or defect from the NHL before his contract expires. If the player fulfills his contract in full, there are no cap advantage recapture penalties. 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.

From Spector's Hockey

http://spectorshockey.net...advantage-recapture-rule/

Teams receiving a “cap advantage” from long-term contracts — defined as seven years or more for contracts signed prior to the January 2013 CBA — will be penalized in the event the player retires or “defects” from the NHL before the contract expires. A team receives a “cap advantage” when the player’s actual salary exceeds his cap hit in a given year.

Following retirement/defection, the “advantage” will be “recaptured” and charged against the club’s cap in equal amounts each year until the contract expires. This penalty applies to any team that received a cap advantage from the contract — ie. a traded contract — except in the event that the trade occurred prior to the new CBA coming into place in January 2013.

- MJL


The CapGeek post even defines "Long-Term Contracts" the way I do, otherwise it would look like:

"— defined as seven years or more, entered into on or before Sept. 15, 2012 —"

instead of:

"— defined as seven years or more — entered..."

but they go on with an inferred interpretation in their description.

The legal wording IS ambiguous, and the interpretations are the inferences of those that wrote those descriptions. I'm not saying that my definition is right and theirs is not, nor can you say that theirs is right and mine is not. Only the NHL can make that distinction. The only that we will find out for sure is when a player on a seven- or eight-year front-loaded contract signed under the new CBA retires early.
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

Jan 6 @ 8:58 PM ET
The CapGeek post even defines "Long-Term Contracts" the way I do, otherwise it would look like:

"— defined as seven years or more, entered into on or before Sept. 15, 2012 —"

instead of:

"— defined as seven years or more — entered..."

but they go on with an inferred interpretation in their description.

The legal wording IS ambiguous, and the interpretations are the inferences of those that wrote those descriptions. I'm not saying that my definition is right and theirs is not, nor can you say that theirs is right and mine is not. Only the NHL can make that distinction. The only that we will find out for sure is when a player on a seven- or eight-year front-loaded contract signed under the new CBA retires early.

- tkecanuck341


Do you not see the part where is says entered into on or before Sept 15 2012? If you read back in the thread, you'll see where others posted that in reply to you.

I have to hand it to you, you're relentless. I admire that. It's pretty common knowledge that cap recapture only applies to contracts signed under the previous CBA, before the execution of the current CBA. Numerous people have stated this to you. We don't need to wait to find anything out, we already know. Before it went off line, Capgeek even had a list of players, which were the only players whose contracts were subject to cap recapture penalties.

Do yourself a favor, email or contact on twitter any reliable source you want such as Dreger or MacKenzie and ask them about it.
conkey
Location: except it, NS
Joined: 09.06.2011

Jan 6 @ 9:03 PM ET
I have to hand it to you, you're relentless. I admire that. You're simply wrong, and are uninformed. It's pretty common knowledge that cap recapture only applies to contracts signed under the previous CBA, before the execution of the current CBA. Numerous people have stated this to you. We don't need to wait to find anything out, we already know. Before it went off line, Capgeek even had a list of players, which were the only players whose contracts were subject to cap recapture penalties.

Do yourself a favor, email or contact on twitter any reliable source you want such as Dreger or MacKenzie and ask them about it.

- MJL

he's clearly (frank)ing with you guys now. just let him go.

nobody is that incredibly stupid.
Tumbleweed
Toronto Maple Leafs
Location: avid reader of the daily douche news
Joined: 03.14.2014

Jan 6 @ 9:22 PM ET
The CapGeek post even defines "Long-Term Contracts" the way I do, otherwise it would look like:

"— defined as seven years or more, entered into on or before Sept. 15, 2012 —"

instead of:

"— defined as seven years or more — entered..."

but they go on with an inferred interpretation in their description.

The legal wording IS ambiguous, and the interpretations are the inferences of those that wrote those descriptions. I'm not saying that my definition is right and theirs is not, nor can you say that theirs is right and mine is not. Only the NHL can make that distinction. The only that we will find out for sure is when a player on a seven- or eight-year front-loaded contract signed under the new CBA retires early.

- tkecanuck341


Here's a hawt tip.

If you think that is ambiguous, please never sign a legal document without having a lawyer review it for you.
Crimsoninja
Philadelphia Flyers
Location: Dude, I am so sorry about whatever made you like this. Take it easy.
Joined: 07.06.2007

Jan 6 @ 9:35 PM ET

I have to hand it to you, you're relentless. I admire that.

- MJL

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