In this case with Horton. His contract is uninsured and has a career ended back problem (remember his contract was signed in CBJ). If he retires he doesn't see a penny of remainder of contract. Leafs are doing him and fam a favor by paying him to be on ltir so his fam life doesnt go to $#its. Only detriment to leafs is a contract is occupied till he retires (wont happen) or when contract expires (gonna happen). - devias69
The Leafs aren't doing him a "solid". They can't force a player to retire. Even if doctors say he'll never play again how many stories have you heard where someone was in a horrific accident and told they'd never walk again and in 2 years they're running a marathon? If he says it's his goal to play again the only thing the Leafs can do is put him on LTIR.
Can someone explain to me what the rules are on LTIR?
For example: the Leafs have Horton on LTIR, he has a cap hit of 5.3M for this year and also two more years. So, they put him on LTIR because he is injured (for that injury is, I don't know) and they get cap relief for his full cap hit of 5.3M.
Now what happens if he gets okayed to play by team doctors? Does the league say he has to come off of LTIR, that you just can't keep him in the press box while enjoying his LTIR cap relief. And, what happens come next year? If he's not going to play again, should the league force him to retire and void the rest of the contract? It seems stupid to not have both parties just walk away from the rest of the deal if they both know he's not going to play again. - sskkoo1
LTIR rules are overly complicated. When a player is healthy, he has to come off IR, that's the easy part. If a player did retire, the team would be subject to cap recapture penalties. Retirement also doesn't void the contract. It's not really in anyone's best interest.
LTIR isn't simple cap relief and there's significant downside to using it. The relief calculation is complicated. For example, the leafs have about a 3.5m relief pool, but about 10.5m of salary on LTIR. All their ELC bonuses roll into next year, it complicates their player movements all year, messes with their off season moves, and even their contract extensions.
Location: You are all Weirdos, NY Joined: 06.06.2012
Jan 5 @ 5:10 PM ET
LTIR rules are overly complicated. When a player is healthy, he has to come off IR, that's the easy part. If a player did retire, the team would be subject to cap recapture penalties. Retirement also doesn't void the contract. It's not really in anyone's best interest.
LTIR isn't simple cap relief and there's significant downside to using it. The relief calculation is complicated. For example, the leafs have about a 3.5m relief pool, but about 10.5m of salary on LTIR. All their ELC bonuses roll into next year, it complicates their player movements all year, messes with their off season moves, and even their contract extensions. - Lunaion
Right. I can basically get my thoughts around what you're saying here. But in the case of the Leafs with Horton. When next October comes around he'll be roughly 18 months off the ice, are we to believe he's not healed from whatever injury he had sustained in all that time? The league says that a player needs to come off LTIR, but it seems as though Toronto will want him to stay on it until the end of his contract, another two full seasons. They want his 5.3M per year cap space going towards Matthews, Marner, Nylander, etc...
So if Horton's 5.3M stays on LTIR for the next two seasons after this one, and that money goes towards other players next contracts, that really seems like salary cap circumvention, does it not? That'd be like us putting Moulson on LTIR for the next two years and getting his cap hit of 5M back to spend elsewhere.
Right. I can basically get my thoughts around what you're saying here. But in the case of the Leafs with Horton. When next October comes around he'll be roughly 18 months off the ice, are we to believe he's not healed from whatever injury he had sustained in all that time? The league says that a player needs to come off LTIR, but it seems as though Toronto will want him to stay on it until the end of his contract, another two full seasons. They want his 5.3M per year cap space going towards Matthews, Marner, Nylander, etc...
So if Horton's 5.3M stays on LTIR for the next two seasons after this one, and that money goes towards other players next contracts, that really seems like salary cap circumvention, does it not? That'd be like us putting Moulson on LTIR for the next two years and getting his cap hit of 5M back to spend elsewhere. - sskkoo1
To me it's why guaranteed contracts are a joke, and why there will be a full-season lockout to get rid of them. I believe he is due his money despite the injury, but it also should be over and done with and he should be retired. Insurance should pay his remaining salary and he can move on with his life.
To me it's why guaranteed contracts are a joke, and why there will be a full-season lockout to get rid of them. I believe he is due his money despite the injury, but it also should be over and done with and he should be retired. Insurance should pay his remaining salary and he can move on with his life. - jcragcrumple
Thought i read somewhere the contract was not insured. i cant see a scenario where the players ever give up guaranteed contracts, especially in a gate driven league.
