CBA 101: What is Hockey Related Revenue (HRR)?

By Kevin Christmann
Posted on 10/08/2012 at 3:00 pm

Last week I was inspired by one of the team names at our Second Annual Flyers Pub Quiz. Perhaps it’s the Collective Bargaining Agreement geek in me, but it was my favorite team name of the night; “WTF is Hockey Related Revenue?”. So I thought I’d touch on defining HRR per the last CBA for those people that may be unaware. The definition of HRR, and what is and isn’t included, has been one of the biggest discussion topics during the CBA negotiations thus far. Recently the NHL and NHLPA came to an agreement to maintain the current definition of HRR. As defined in …

CBA 101: Why isn’t Matt Read playing with the Phantoms?

By Kevin Christmann
Posted on 10/01/2012 at 1:00 pm

I’ve opened up CBA 101 to mailbag questions as I had more or less covered the critical topics with respect to the, now expired, Collective Bargaining Agreement (CBA). I had received a question about NHL player eligibility for the AHL during the lockout from reader Will Heineman, and then more specifically, from reader Tom Ciaverelli, “why isn’t Matt Read playing with the Phantoms?” The answer ultimately comes back to waiver eligibility, which I covered in my very first CBA 101 article. Without re-hashing the entire contents of my article on waiver eligibility, the crux of the topic comes down to A) when a player …

CBA 101: Could the lockout result in additional 35+ contracts?

By Kevin Christmann
Posted on 09/24/2012 at 1:00 pm

Last week I opened up CBA 101 to mailbag questions as I had more or less covered the critical topics with respect to the, now expired, Collective Bargaining Agreement (CBA). Flyers Faithful’s own Marcello submitted a question. Let’s say a player signs a contract extension set to kick in during the ’13 season, when he turns 34. If there is no season and the contract does not start until he’s 35, is it now considered a 35+ contract? This is a very interesting question, and to be honest, I didn’t definitively know the answer. So I took some time to …

CBA 101: Mailbag

By Kevin Christmann
Posted on 09/17/2012 at 1:00 pm

Over the past 16 weeks I’ve covered what I believed to be the most critical aspects of the Collective Bargaining Agreement (CBA). The timing worked out quite well as it seems to have coincided with the lockout (unfortunately). So rather than continue to delve into more mundane topics — for the six or so of you that don’t find them all mundane — in a CBA that is no longer relevant, I thought that it would make more sense to cease CBA 101 in its current form. However, for the foreseeable future I’d be more than happy to take any and all …

CBA 101: A Recap

By Kevin Christmann
Posted on 09/10/2012 at 1:00 pm

As we get closer and closer to the expiration of the current Collective Bargaining Agreement, and hopefully the creation of a new one — not to mention that I feel I’ve just about covered every critical topic — I thought I’d put together a recap of sorts, since it would be nice to have everything in one place for people to quickly and easily see what they may have missed. Waivers and Re-entry Waivers and why it means Marc-Andre Bourdon has a far better chance of making this team than Erik Gustafsson. 35+ Contracts and why Chris Pronger can never retire. Slide …

CBA 101: The Bonus Cushion and Bonus Overages

By Kevin Christmann
Posted on 09/03/2012 at 1:00 pm

One aspect of the upcoming (It is coming right? Eventually?) new Collective Bargaining Agreement (CBA) that I am particularly interested about is the concept of Bonus Cushions and Bonus Overages. I’ve seen a number of people assume that the Bonus Cushion will exist, because it has before and, well, why wouldn’t it? I’ve also seen a seemingly equal number of people that don’t believe it will be included. Cue, the mumbo jumbo Section 50.5(h): (h) Accounting for Performance Bonuses. No SPC may contain Performance Bonuses except in accordance with Section 50.2(b)(i)(C) above. For purposes of a Club’s Upper Limit and Lower Limit, as …

CBA 101: The Kovalchuk Rule

By Kevin Christmann
Posted on 08/27/2012 at 1:00 pm

During the 2010-2011 offseason the New Jersey Devils landed the grand prize of Free Agency, Ilya Kovalchuk, when he was signed to a 17 year $102 million contract. That contract was, as many expected at the time, rejected by the NHL because it was deemed to circumvent the salary cap. At the time, Kovalchuk was 27 years old, so the contract would take him to age 44. Ultimately, the contract was re-worked to a 15 year $100 million deal, and the Devils were penalized to the tune of $3 million in cash, a third round pick in 2011, and a …

CBA 101: No-trade and no-movement clauses

By Kevin Christmann
Posted on 08/20/2012 at 1:00 pm

The standard player contract (SPC) of a Group 3 unrestricted free agent can contain a specific clause which prevents the player from being involuntarily moved from their current team. There are two types of clauses, the no-trade clause and the no-movement clause. As you might imagine, the no-trade clause prevents a player from being traded to another team without their express permission. A no-movement clause not only prevents the player from being traded, but also prevents their relocation by loan or waivers as well. So a player with a no-movement clause could not be sent down to the AHL without agreeing (which, …

CBA 101: Contract Buy-outs

By Kevin Christmann
Posted on 08/06/2012 at 1:00 pm

There are a limited number of ways that a team is able to get out of a contract given to one of their players. One such way is to buy out the contract, which relieves of the team of their contractual obligation to the player, but does still result in “dead cap space” which is essentially cap space being used on a player that isn’t with the club. Typically, a team would exercise a buy out in order to get out of a bad contract in order to see some cap relief, much like the New York Islanders with Alexei …

CBA 101: Offseason Salary Cap

By Kevin Christmann
Posted on 07/30/2012 at 12:00 pm

During the offseason, the upper limit of the salary is temporarily raised by 10 percent so that teams have the ability to manage their rosters with a little more freedom. Many people turn a blind eye to this fact and solely look at the real upper limit of $70.2 million; often times already putting players out of their minds that are unlikely to play with the team that season. However, in the case of a team like the Flyers, this temporary upper limit can sometimes be a concern. From the Collective Bargaining Agreement, Section 50.5 (c)(ii)(B): Nevertheless, in order to …

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