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Holmgren: Bryzgalov’s gone

Bad news travels quickly around these parts. Jumping the gun by roughly 36 hours, Flyers GM Paul Holmgren has decided to rid himself of the Cosmonaut once and for all: “I met with Ilya this morning and informed him that we are going to exercise a compliance buy out of his contract. This was a very difficult business decision to make for us and we want to thank Ilya for his time here and wish him all the best moving forward.” This announcement comes less than a week since Holmgren lifted the veil on Danny Briere’s precarious contract situation with …

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Offseason salary cap woes, Flyers currently sit over $64.3 million limit

On this week’s CBA Explained I didn’t want to just explain how the salary cap functions in the offseason, I wanted to illustrate the current state of the Flyers. It’s no secret that the Flyers have salary cap problems, but I wanted to see just how limited they would be this offseason. The salary cap is calculated slightly differently during the offseason than it is during the regular season. For one, teams are temporarily allowed to exceed the upper-limit by 10% during the offseason for the sake of maneuverability. (The new CBA Summary of Terms does not indicate any change in …

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CBA Explained: the cap; 35-plus contracts; free agency; re-entry waivers; LTIR; NHL Entry Draft

While I believe I’ve covered most of the major changes in the new Collective Bargaining Agreement (CBA) in CBA Explained throughout this season, there are a few other points I wanted to touch on. Some of them are unchanged from the previous CBA, but are worth pointing out. They are all critical details in understanding how the league and its teams function. Wherever possible, I will link to my old CBA 101 articles for more detailed explanations of some of the old CBA’s stipulations that remain in place. From the CBA Summary of terms: The salary cap The 2013-2014 cap …

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NHL and NHLPA reach tentative agreement, so what’s changed in this CBA?

The lockout lasted 113 days, but it is finally over. Early this morning, after missing over 500 games, the NHL and the NHL Player’s Association (NHLPA) reached a tentative agreement on a new Collective Bargaining Agreement. So what exactly has changed between the old CBA and the new one? The CBA has a 10 year term and includes a mutual opt-out clause after year eight. The expired CBA had a term of eight years, with an opt-out clause for both sides after seven years. The salary cap ceiling in Year One will be $60 million, however, as expected during this past summer, teams …

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CBA 101 Part 4: Cap Space Calculations

One of the more complicated aspects of the National Hockey League’s Collective Barganing Agreement is actually the calculation of a team’s cap space. There are so many contributing factors that is easy to misunderstand. I don’t claim to be an expert, but I do believe I have a fair understanding; so I hope to be able to articulate it so others might find it informative. There will be aspects of cap calculation that I omit, either because I plan to cover it at a later point in time, or simply because I have to draw the line somewhere. Let’s start at …

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