This is late, but we felt it should be covered…
Multiple sources, stemming from an original post from TSN of Canada’s Gord Miller, are saying that the contract the Flyers gave Max Talbot on Friday circumvents the Collective Bargaining Agreement.
Talbot was in line to make the following over the life of his five-year deal: $2.5 million, $2.25 million, $2.25 million, $1 million and $1 million.
However, Article 50.7 of the CBA says that a player cannot have their salary decrease from one season to the next by more than half the amount of the first two year’s salaries.
The problem with the contract stems from the drop-off between the third and fourth years. That decrease of $1.25 million violates the mathematical amount $1.1875 million he would be allowed to have subtracted.
Gee, if only someone very close to Paul Holmgren knew how to work with numbers…
Update — The National Hockey League will not sanction the Flyers for the misstep because the financial terms in question can be altered to come into compliance with the CBA.
According to Miller, all they have to do is bump up the fourth year from $1 million to $1.25 million to meet the legal requirements.