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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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The Cap impacts and “recapture” risks of the Luongo rumor

Before I even begin to get into any financials, I’d like to first point out that I do not personally think there is any merit to rumors involving Roberto Luongo getting traded to the Flyers. I don’t think it makes much sense at all. If Bryzgalov is a long term risk, so is Luongo. With that said, there were some rumblings in the Twitter world from some respected people. Despite some denials, the tweet earlier from @enricociccone is accurate.The Flyers are interested in Roberto Luongo. — james duthie (@tsnjamesduthie) January 10, 2013   Paul Holmgren going in on Luongo big …

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Flyers luck out with “cap-recapture” system, Richards and Carter deals won’t haunt Flyers

Yesterday I posed my top remaining questions about thew new CBA, and one of those questions was whether or not the “cap-recapture” system which was proposed at some point during negotiations, would ever come to fruition. Dubbed the “screw you Paul Holmgren rule” by Travis Hughes of Broad Street Hockey, it was designed to penalize teams for signing players to “back-diving” contracts that serve to reduce a player’s cap hit. As it turns out, that “cap-recapture” rule is officially a part of the CBA. While not all of the details are known, what is known is that it has the potential …