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Forums :: Blog World :: Jan Levine: Seth Jarvis' contract deferral could be a model to extend Laf and Igor
Author Message
Jan Levine
New York Rangers
Joined: 09.16.2005

Sep 1 @ 6:29 PM ET
Jan Levine: Seth Jarvis' contract deferral could be a model to extend Laf and Igor It's a bold new world....
TPC
New York Rangers
Location: Bucks County, PA
Joined: 01.18.2008

Sep 1 @ 8:35 PM ET
Jan Levine: Seth Jarvis' contract deferral could be a model to extend Laf and Igor
It's a bold new world....

- airjan23

The NFL is all about manipulating the salary cap. It's about time it came to the NHL. Since the league won't raise the cap fast enough teams need to find ways to pay their stars and still stay competitive to make other moves. I am all for it

The key is finding people smart enough to help put together these contracts. A lot of dumb people lead teams in the NHL
banger94
Season Ticket Holder
New York Rangers
Joined: 04.11.2024

Sep 2 @ 7:36 PM ET
I am all for taking advantage now while we can. It’s not against the rules obviously. I’d imagine this will be a topic of conversation during next negotiations. If we have an owner willing to pay, give them a ton of money that doesn’t count towards the cap.
MeltingPlastic
New York Rangers
Location: outside philthadelphia, PA
Joined: 04.17.2007

Sep 2 @ 8:26 PM ET
I am all for taking advantage now while we can. It’s not against the rules obviously. I’d imagine this will be a topic of conversation during next negotiations. If we have an owner willing to pay, give them a ton of money that doesn’t count towards the cap.
- banger94

Don't worry, once we so it the loophole will be shut....
OLDSCHOOL#6
New York Rangers
Joined: 10.14.2007

Sep 3 @ 7:23 AM ET
The NFL is all about manipulating the salary cap. It's about time it came to the NHL. Since the league won't raise the cap fast enough teams need to find ways to pay their stars and still stay competitive to make other moves. I am all for it

The key is finding people smart enough to help put together these contracts. A lot of dumb people lead teams in the NHL

- TPC

Just the way Betteman likes it.
jmatchett383
Philadelphia Flyers
Location: Newark, DE
Joined: 03.09.2010

Sep 3 @ 8:03 AM ET
The NFL is all about manipulating the salary cap. It's about time it came to the NHL. Since the league won't raise the cap fast enough teams need to find ways to pay their stars and still stay competitive to make other moves. I am all for it

The key is finding people smart enough to help put together these contracts. A lot of dumb people lead teams in the NHL

- TPC


The only issue that you have to have players okay with taking a deferred payment, as a dollar today won't be worth a dollar tomorrow. Especially if you're talking tens of millions, that's a long time to wait for money that you could be investing immediately. It's not like any NHL player will be starving, but it does make a big difference.
TC88
New York Rangers
Joined: 10.24.2020

Sep 3 @ 9:51 AM ET
Curious why this is only starting to happen now. Did teams not know about it or were they all waiting for one team to break the ice?

If all teams can do it, not really any controversy around using it.

Before removing this loophole, how about addressing salaries for players in non income tax states. This only benefits a handful of teams, still unsure how that is ok in a cap world.
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Sep 3 @ 10:26 AM ET
Curious why this is only starting to happen now. Did teams not know about it or were they all waiting for one team to break the ice?

If all teams can do it, not really any controversy around using it.

Before removing this loophole, how about addressing salaries for players in non income tax states. This only benefits a handful of teams, still unsure how that is ok in a cap world.

- TC88

Is it really a loophole though? It's written into the CBA and the player has a say in whether or not they sign a deferred comp deal. I think you'd be hard-pressed to find a lot of younger guys that are willing to push off a large portion of their salary for multiple years, but it's definitely going to happen.

My next comment hinges largely on my potentially-flawed understanding of the portion of the CBA that Jan posted but it appears as if the player can earn interest on that deferred comp, which might make it beneficial to anyone willing/able to wait on their payday.
Brukie
New York Rangers
Location: Putnam, NY
Joined: 06.14.2011

Sep 3 @ 10:27 AM ET
Curious why this is only starting to happen now. Did teams not know about it or were they all waiting for one team to break the ice?

If all teams can do it, not really any controversy around using it.

Before removing this loophole, how about addressing salaries for players in non income tax states. This only benefits a handful of teams, still unsure how that is ok in a cap world.


They arent going to address the income tax disparity. It only pertains to half of the games since the income tax is paid to every State the game is played in. It would then carry over to Canadian teams also which I think have a higher tax rate.

TC88
New York Rangers
Joined: 10.24.2020

Sep 3 @ 10:33 AM ET
Is it really a loophole though? It's written into the CBA and the player has a say in whether or not they sign a deferred comp deal. I think you'd be hard-pressed to find a lot of younger guys that are willing to push off a large portion of their salary for multiple years, but it's definitely going to happen.

My next comment hinges largely on my potentially-flawed understanding of the portion of the CBA that Jan posted but it appears as if the player can earn interest on that deferred comp, which might make it beneficial to anyone willing/able to wait on their payday.

- eichiefs9


You’re right, wrong choice of words.

And agree, it probably does have more to do with players being less willing to defer payments. If I were them I’d want more $ upfront too.
picklerick
New York Rangers
Location: New York, NY
Joined: 03.01.2018

Sep 3 @ 10:34 AM ET
Draisaitl getting paid
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Sep 3 @ 10:40 AM ET
You’re right, wrong choice of words.

And agree, it probably does have more to do with players being less willing to defer payments. If I were them I’d want more $ upfront too.

- TC88

It's an interesting option for sure. If I had to take a guess, deferred comp could be something that gets utilized more often by higher-end players who can source income from other avenues (endorsements, etc...) in the interim and still make out on the back-end.

I'm also honestly not sure I'm understanding the interest-portion of what I said correctly either. But if a player can earn a significant amount of interest on deferred comp it could be an attractive option for guys who can supplement some of the money they deferred with endorsement/advertising income.
Brukie
New York Rangers
Location: Putnam, NY
Joined: 06.14.2011

Sep 3 @ 10:45 AM ET
Draisaitl getting paid
- picklerick



8x14

Woof!!

Mcdavids will be what? 8x15??

29 mil cap hit for 2 players.
picklerick
New York Rangers
Location: New York, NY
Joined: 03.01.2018

Sep 3 @ 10:48 AM ET
8x14

Woof!!

Mcdavids will be what? 8x15??

29 mil cap hit for 2 players.

- Brukie


8x15 but for the nyr
Jan Levine
New York Rangers
Joined: 09.16.2005

Sep 3 @ 10:49 AM ET
8x14

Woof!!

Mcdavids will be what? 8x15??

29 mil cap hit for 2 players.

- Brukie

https://x.com/pierrevlebr...&t=TjVF8knYfhOudT98NT3GtQ
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Sep 3 @ 10:56 AM ET
8x14

Woof!!

Mcdavids will be what? 8x15??

29 mil cap hit for 2 players.

- Brukie

It'll make depth challenging for the Oilers, but I have to imagine it's better to have both of them than only one. Even with the cap crunch elsewhere.
picklerick
New York Rangers
Location: New York, NY
Joined: 03.01.2018

Sep 3 @ 11:19 AM ET
It'll make depth challenging for the Oilers, but I have to imagine it's better to have both of them than only one. Even with the cap crunch elsewhere.
- eichiefs9


Darnell nurse is an anchor and Bouchard will get paid
banger94
Season Ticket Holder
New York Rangers
Joined: 04.11.2024

Sep 3 @ 12:04 PM ET
Darnell nurse is an anchor and Bouchard will get paid
- picklerick

With mcdavid, draisaitl, nurse, and Bouchard, they will have about 50M tied up in four players.
NYRCeph
New York Rangers
Location: This is my way.
Joined: 11.25.2020

Sep 3 @ 1:54 PM ET
Salaries are exponential in growth. The salary cap era has jumps each time the cap pops.

In 1994, Messier was making 3.6 Million per year.

Now, 35 players make 10mil or more a year. Not cap hit, but actual salary.

In 2014, only 8 players were above 10mil
MeltingPlastic
New York Rangers
Location: outside philthadelphia, PA
Joined: 04.17.2007

Sep 3 @ 8:20 PM ET
So... When does camp start? I'm losing my mind
Greschnergy#4
New York Rangers
Location: NY
Joined: 12.10.2018

Sep 4 @ 5:29 AM ET
Is it really a loophole though? It's written into the CBA and the player has a say in whether or not they sign a deferred comp deal. I think you'd be hard-pressed to find a lot of younger guys that are willing to push off a large portion of their salary for multiple years, but it's definitely going to happen.

My next comment hinges largely on my potentially-flawed understanding of the portion of the CBA that Jan posted but it appears as if the player can earn interest on that deferred comp, which might make it beneficial to anyone willing/able to wait on their payday.

- eichiefs9


The Bobby Bonilla plan. I’m sure he’s happy he did.
DONMURDOCH14
New York Rangers
Joined: 04.21.2009

Sep 4 @ 6:17 AM ET
So... When does camp start? I'm losing my mind
- MeltingPlastic


Thankfully, football starts this week. Hockey isn't far off
MeltingPlastic
New York Rangers
Location: outside philthadelphia, PA
Joined: 04.17.2007

Sep 4 @ 6:27 AM ET
Thankfully, football starts this week. Hockey isn't far off
- DONMURDOCH14

Yay.. maybe Rodgers will get 5 (frank)ing snaps this year...
NYRCeph
New York Rangers
Location: This is my way.
Joined: 11.25.2020

Sep 4 @ 12:55 PM ET
Yay.. maybe Rodgers will get 5 (frank)ing snaps this year...
- MeltingPlastic

Game isn't in NY, so they can't blame the dangerous, violent turf this time.
nyrangers2
Joined: 07.09.2009

Sep 4 @ 1:19 PM ET
Game isn't in NY, so they can't blame the dangerous, violent turf this time.
- NYRCeph


turf is terrible there. Routine sack turned into an achilles tear
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