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What the Nylander contract negotiations taught the agents of all these RFAs and how it can really affect the Canucks cap issue. I highly suggest for all to read this.

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Arrow 1983

By Arrow 1983
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SID.IS.SID.ME.IS.ME Canucks Franchise Player

SID.IS.SID.ME.IS.ME

Posted
Posted
9 hours ago, mll said:

Nylander lost over 3M by holding out and it allowed the Leafs to lower his cap hit.  The cap hit of the 1st year doesn't reflect what he earned.  From the link:

 

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Yup, Nylander ended up getting $41,774,194 of actual money, spread out over 6 years.

 

He will not receive the full $45 million “total salary” you’ll see listed on the cap websites.

 

His average salary (actual) received is $6,962,366, which is identical to his listed cap hit in years 2-6 of his contract.

 

And also identical to his accumulated cap hit in the first year of his deal (the prorated amount actually charged against Toronto’s cap in 2018-19).

 

Nylander’s contract breaks down like this:

 

Cap hit, years 2-6: ($10M x 126/186 +$2M + 33M) / 6 years = $6,962,366

 

Cap hit, year 1: $6,962,366 x 186/126 = $10,277,778

 

Accumulated cap hit, year 1: $10,277,778 x 126/186 = $6,962,366

 

Projected cap hit, years 2-6: $6,962,366 

 

Salary received, year 1: $10 million x 126/186 + $2 million (signing bonus) = $8,774,194

 

Salary remaining, years 2-6: $33 million 

 

Total salary (actual): $8,774,194 + $33 million = $41,774,194

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khay Canucks First-Line

khay

Posted
Posted
59 minutes ago, SilentSam said:

How condescending to start a thread and say, “ so long, see you after the Summer”..  this guy @Arrow 1983 is just so full of himself ..

Can we lock it?    it’s irrelevant,  and if he is a “professional”.. it’s poor.

 

lol come on, this thread is fun. I haven't laughed this bad on a CDC thread in a long time. "I highly suggest you to read this" like he is some authority on this topic. It's so funny because the OP is so serious lol it's just dang funny.

 

8 hours ago, Rubik said:

"I highly suggest for all to read this"

 

berneydidnotread.gif?1318992465

This made my day. Just started laughing in the office.

 

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SilentSam Canucks All-Star

SilentSam

Posted
Posted (edited)
1 hour ago, khay said:

lol come on, this thread is fun. I haven't laughed this bad on a CDC thread in a long time. "I highly suggest you to read this" like he is some authority on this topic. It's so funny because the OP is so serious lol it's just dang funny.

 

This made my day. Just started laughing in the office.

 

I have to agree with you khay ..   I did read it earlier,.  Just shook my head..

     I guess he feels every GM is a clone of Dumbas.

He has called himself a “specialist” in contracts.... I was easy to lend an ear to this guy when he first showed up.. let him take the lead he wants, seems to know better .

Now it’s like...  Arrow?

 

 

 

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VIC_CITY Canucks Third-Line

VIC_CITY

Posted
Posted (edited)
23 hours ago, smokes said:

Why is everyone all tied up in knots over this, I remember Horvat took a long time as well, everyone was freaking out about it but it turned out alright. 

Yup. Plus, from a PR standpoint, you don't want to drop all your hockey news all at once. Benning has done plenty to keep people talking for a while. But we'll soon be entering the dog days of summer and Canucks ownership will want to drop another nugget to keep people interested and talking Canucks hockey all year round. Plus Boeser isn't eligible for arbitration. Benning has some leverage and there's really no rush to get a deal done. Both parties have being saying nothing but positive things. There is literally less than a 1% chance that Boeser doesn't re-sign by opening night.

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VIC_CITY Canucks Third-Line

VIC_CITY

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Posted
6 hours ago, thundernuts said:

I actually laughed out loud when I read that you "highly suggest for all to read this".  As if your opinion on RFA's is of the upmost importance to everyone else.

 

 

 

And then...  I read it.

Haha same here. It was basically open season after reading that. CDC can be a cruel place but OP walked right into that one. Sounds like he's got the rest of the summer to recover though and should be medically cleared by training camp ;)

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VIC_CITY Canucks Third-Line

VIC_CITY

Posted
Posted (edited)
9 hours ago, SilentSam said:

How condescending to start a thread and say, “ so long, see you after the Summer”..  this guy @Arrow 1983 is just so full of himself ..

Can we lock it?    it’s irrelevant,  and if he is a “professional”.. it’s poor.

 

JD Burke?

 

9 hours ago, SID.IS.SID.ME.IS.ME said:

Yup, Nylander ended up getting $41,774,194 of actual money, spread out over 6 years.

 

He will not receive the full $45 million “total salary” you’ll see listed on the cap websites.

 

His average salary (actual) received is $6,962,366, which is identical to his listed cap hit in years 2-6 of his contract.

 

And also identical to his accumulated cap hit in the first year of his deal (the prorated amount actually charged against Toronto’s cap in 2018-19).

 

Nylander’s contract breaks down like this:

 

Cap hit, years 2-6: ($10M x 126/186 +$2M + 33M) / 6 years = $6,962,366

 

Cap hit, year 1: $6,962,366 x 186/126 = $10,277,778

 

Accumulated cap hit, year 1: $10,277,778 x 126/186 = $6,962,366

 

Projected cap hit, years 2-6: $6,962,366 

 

Salary received, year 1: $10 million x 126/186 + $2 million (signing bonus) = $8,774,194

 

Salary remaining, years 2-6: $33 million 

 

Total salary (actual): $8,774,194 + $33 million = $41,774,194

This post is too good for CDC...who are you? Identify yourself!

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Provost Canucks Franchise Player

Provost

Posted
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On 7/15/2019 at 7:59 PM, Arrow 1983 said:

This will be my last post till the season starts, So have a great summer.

 

Ask yourself what happen when Nylander signed his contract after the season started. It got prorated. It was great for Toronto and Nylander last season, because they had tons of cap and now Toronto has a smaller cap hit on Nylander. Pension plan Puppets has a great article on it essential by signing later in the season the first season was prorated making the last 6 seasons cap hit at just over 6.9 mill instead of 7.5 mill.  read this article to really understand what I'm talking about if you don't fully understand how contracts work in the NHL, https://www.pensionplanpuppets.com/2018/12/4/18122067/william-nylander-the-salary-cap-and-you-toronto-maple-leafs

 

Now ask yourself this question, what would happen if Boesers or even worst but not for us Marner got prorated or any other team close to the cap ceiling.

 

Lets just considers Marners contract first for a second. Lets say he holds out and then a 1/4 through the season he signs a contract for 11 mill per season just using simple round numbers for this calculation. 11million prorated = 11*1.25= 13.75 million let that settle in and ask yourself how does the great Dubas fit that into his Cap space LOL.

 

But Wait.....

 

How about Boeser, he has no arbitration rights and can not be offer sheeted, the Canucks hold all the power except lets play out a little scenario.

 

Boeser Hold out then signs a contract a 1/4 into the season what does that look like prorated. Lets say he signs for 4 years 6.5 mill, the first year would be prorated. 6.5*1.25=8.125 mill now Benning has to find $8.125 mill in cap space now.

 

This my friends just gave Boeser and his agent and ever other RFA and their agent on teams close to the cap ceiling Leverage.

 

 

That doesn't make sense even if it was true (cap is calculated daily and not per season... so if the player isn't there, you don't get charged towards the cap regardless of what it would be if it was extended to the whole season... the cap number sites can't track that level of granularity and just use AAV and add them up).  It is the same with trading players, you don't get charged for the time he wasn't there against your cap.

 

But following your logic, you simply sign him for less the later it goes, or you let him sit out the season.  There is a deadline now to sign RFAs and the pressure on the athlete not to miss an entire year of a very short window of earning potential is much greater than the pressure on the team.  The agent will also know what the cap situation is, so it is even more pressure on him to get a deal done before the start of the season, or the simple math of less money being available for his client is looming.  

It is pretty much the opposite of what you are saying.  The player gets screwed by holding out more than the team in that scenario.  The roster is set, the money is set, and there is a hard salary cap.  There are few ways for a team to free up extra cap space once the year has started, hard to make decent hockey trades at that point that don't leave you worse off than simply letting the RFA rot for the season.  If some dummy agent used this line of reasoning on me, I would shrug and say it is your client's loss because the pool of money available for him (that cannot be exceeded under the CBA) keeps shrinking the longer it goes.

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Qwags Canucks All-Star

Qwags

Posted
Posted (edited)

This will be my 10,499th post of my time on CDC. As the leading authority on people with this number of posts, I'd like to think I can offer some wisdom.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I like pie. :)

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