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CBA Explained: Retained salary transactions

One of the most interesting wrinkles written into the new Collective Bargaining Agreement (CBA) are retained salary transactions; or more simply, the ability for teams to retain salary on a player they trade away. This edition of CBA Explained will expand on the topic. Many fans had been clamoring for this rule to be implemented for some time now. Major League Baseball allows you to include cash in a trade, which dramatically helps teams consummate deals involving highly paid players. I would suspect this to be the case in the NHL as well. While a highly-paid, under-performing player is typically unattractive, if something could …

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CBA Explained: Cap Advantage Recapture penalty

This week CBA Explained will dive into one of the more unique aspects of the new collective bargaining agreement; the “Cap Advantage Recapture” provision. It is designed to penalize teams for signing players to “back-diving” contracts that serve to reduce a player’s cap hit. It has the potential to haunt teams that signed players to these cap circumventing deals, even if those players were traded away. This led to some worry for Flyers fans in the cases of Mike Richards and Jeff Carter. As stated in the summary of terms: “For all existing SPCs with terms in excess of six (6) …

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CBA Explained: Contract variability

This week we are taking a look at contract variability which is essentially the amount that salary can vary from one year to the next within a player’s contract. Previously, only the 100 Percent Rule existed, which essentially states that salary can’t vary by more than 50% of the lesser salary in the first two years of the contract. Now the summary of terms states: “For multi-year SPCs that are “Front-Loaded Contracts,” i.e., where the average of the Player Salary and Bonuses in the first one-half of the contract is greater than the AA over the full term of the …

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CBA Explained: Contracts outside the league AKA the Wade Redden Rule

For this week’s installment of CBA Explained, I tackle “Contracts outside the league” or what many are calling the “Wade Redden Rule”. It’s been a relatively hot topic since it was first proposed, and now that it is in effect, the Flyers are already feeling its effects. From the summary of terms, item #10: “Money paid to Players on NHL SPCs (one-ways and two-ways) in another professional league will not be counted against the Players’ Share, but will be counted against the NHL Club’s Averaged Club Salary for the period during which such Player is loaned to another professional league as follows: a) …

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CBA Explained: Contract term limit, additional year expires upon reaching free agency

Prior to the expiration of the old Collective Bargaining Agreement (CBA), I ran a column I called CBA 101. In it, I attempted to explain some of the more important nuances of the CBA as it relates to putting a team on the ice. Many (honestly, most), of those topics are still applicable today, so I would encourage you to check them out. People frequently ask me “why do you care about that stuff?” Well, the way I see it, this boring, legal verbiage directly effects the team that Paul Holmgren and other General Managers are able to put on …

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