Arrow 1983

Members
  • Content Count

    481
  • Joined

  • Last visited

Community Reputation

345 Excellent

About Arrow 1983

  • Rank
    Comets Regular
  • Birthday 06/27/1983

Profile Information

  • Gender
    Male

Recent Profile Visitors

963 profile views
  1. Yup people will flip over this but it is 100% allowed in the CBA. As others have said the rule only applied to compliance buyouts and the media again fed the general public false Information.
  2. HAHA that's legit funny I rounded to the nearest dollar
  3. Thanks I didn't know are team contains several players I thought the Canuck roster was only made up of 4 players BB,EP40 and Hughes and that other guy we hear a lot of Eriksson I think his name is.
  4. Circumvention is real law in contract law when you disagree with circumvention you are disagreeing with the letter of the law. There really is no point in going further with this conversation.
  5. In contract law circumvention occurs when someone or something has done wrong to someone else or something else. Ltir doesn't hurt anyone.
  6. So your question about insurance is that yes most contracts are insured and insurance pays 80%. The problem is that the player salary is on the payroll as a cap hit. If a team is up against the cap it requires work arounds an as many have mentioned before if not done right can cause overages with things like bonuses. The thing about the recapture penalty was it corrected an unfairness between the rich teams that could front load contracts and poorer teams that have to run their budgets year by year. A team like Toronto knows that it will make X amount this year and years to come. A team like CBJ or the Coyotes budget is much more dependent on attendence year in year out and merchandise is only a small part of their budget. The Ltir can help both sides of the argument, Toronto can use Ltir to retain a guy like Marner and Ottawa can use Ltir to get to the floor with out actually spending real dollars. I have said it before and I will again. The recapture penalty was imposed on the owners not the players by the Owners. For Ltir rules to be considered circumvention it must be deemed by the owners as such and imposed on the owners by the owners. Thos will never happen because Ltir helps both sides of the argument the rich and the poor. Keep in mind the NHL CBA is a contract between the NHLPA And the Owners of the clues. The issue of Ltir does not affect the Players. And even if the owners wanted to stop it the players would want to decline it. Here is way. Take Toronto as an example, Horton and Clarkson ar being paid as they still remain on the roster and it allows Toronto to bring the roster size up by another player (Marner). That means now in stead of 23 players making nhl salaries 24 players can now make nhl salaries. LTIR in away creates more nhl jobs. There is limited amount of jobs already in the nhl so why wouldn't the players want to create more jobs. Ltir is a win win win scenario for everyone. Truth be told I have no idea why Loungo would want to give up his million dollar salary as he did when he retired.
  7. I actually wrote about this before either in this topic or another. Ltir players remain on the payroll and and the club roster. Any player on a clue roster is still considered an asset and therefore, can be traded. If a minor league player gets injured in the preseason the clue is required to keep him with the big clue to collect his nhl salary and can not be sent down. However, that player can also be traded as well cause he is an asset. The problem in the CBA is that a ltir player can actually not be sent to the minors and his contract still remains legal. Therefore, a team is left with 2 options keep him on ltir (which means he's still on the roster) or trade him. I know people don't like when I tell them I'm in this line of work but i actually just got clarification from the NHL central registry on this matter recently.
  8. You seem a little angry are you angry cause right now I am Laughing have a good night
  9. I will quote it from the CBA tomorrow. The penalty has nothing to do with the NHLPA. They didn't even fight it they had no grounds to fight it the NHLPA themselves literally came out and said they had no grounds to fight it cause it didn't pertain to them. I will post the article tomorrow as well.
  10. Neither we are making the playoffs with this team.
  11. Good luck next time on proving me wrong. 12 years in Contract Law makes one know how to read Contracts.
  12. There is a clause In the CBA actually stating that the recapture does not come from the players portion. As it is not actual money payed out Loungo is now retired and will not collect the remainder of that contract salary. If he did still get payed there would be no recapture Penalty.
  13. My Guess is that the NHL Central registry agreed to the contracts and as they came more fluent the smaller market teams had issues with it. Of course this is just my guess on how it came about.