ItTakesAnArmy Posted September 12, 2019 Share Posted September 12, 2019 (edited) First of all this is just copied stuff from the media and opinions. With the deadline coming up; The NHL unwilling to extend deadline, Olympic' still a big issue Calgary just exposed another loop hole, cut and resign to circumvent cap, legal but certainly against the spirit of the CBA. ESCROW, a major issue Seattle's entry money, currently not included in hockey revenue but the players think it should be shared as well, at least some of it. RFA rules Luxury tax Possible designated "franchise" tax What teams do next season could be influenced by what happens soon. If the CBA gets reopened there is a good likelihood hockey takes a break next season. This will impact the draft significantly. For the Canucks trading away a 1rst could be devastating because if there is no draft then the standings of the last season might dictate draft position. If a lottery pick then the lottery might go for two years in a row so a winning team, a good team may decide that tanking at the end of the season would be like two years of rebuilding in only one season played, imagine Tampa with an extra top ten pick from a draft year touted to be the best in decades. There is definitely a dome of silence around the talks, maybe for teams to sell season tickets? Edited September 12, 2019 by ItTakesAnArmy Link to comment Share on other sites More sharing options...
PunjabiCanucks Posted September 12, 2019 Share Posted September 12, 2019 Can someone define escrow - dumb it down for me LOL Link to comment Share on other sites More sharing options...
goalie13 Posted September 12, 2019 Share Posted September 12, 2019 I'm less worried about the player's CBA as this deadline is just to re-open it. The CBA itself is still good until September 2022. I'm more worried about the Official's CBA which has already expired. Link to comment Share on other sites More sharing options...
the grinder Posted September 12, 2019 Share Posted September 12, 2019 (edited) 46 minutes ago, ItTakesAnArmy said: First of all this is just copied stuff from the media and opinions. With the deadline coming up; The NHL unwilling to extend deadline, Olympic' still a big issue Calgary just exposed another loop hole, cut and resign to circumvent cap, legal but certainly against the spirit of the CBA. ESCROW, a major issue Seattle's entry money, currently not included in hockey revenue but the players think it should be shared as well, at least some of it. RFA rules Luxury tax Possible designated "franchise" tax What teams do next season could be influenced by what happens soon. If the CBA gets reopened there is a good likelihood hockey takes a break next season. This will impact the draft significantly. For the Canucks trading away a 1rst could be devastating because if there is no draft then the standings of the last season might dictate draft position. If a lottery pick then the lottery might go for two years in a row so a winning team, a good team may decide that tanking at the end of the season would be like two years of rebuilding in only one season played, imagine Tampa with an extra top ten pick from a draft year touted to be the best in decades. There is definitely a dome of silence around the talks, maybe for teams to sell season tickets? don't worry about the draft if there is a lock out for more than a season they will hold 2 drafts and we still have a choice of what pick we keep , we all know you hate benning but its ok relax Edited September 12, 2019 by the grinder Link to comment Share on other sites More sharing options...
goalie13 Posted September 12, 2019 Share Posted September 12, 2019 1 minute ago, PunjabiCanucks said: Can someone define escrow - dumb it down for me LOL The players get a 50/50 split of hockey related revenues. The cap hit is based on projections of what the hockey related revenues will be for the upcoming season. Escrow is the amount that is held back, just in case the league doesn't hit the revenue they expect to. If the league makes the money they projected, the players get all of their escrow money back. If the league misses their revenue target, then less money is given back to the players. 1 1 2 Link to comment Share on other sites More sharing options...
ItTakesAnArmy Posted September 12, 2019 Author Share Posted September 12, 2019 5 minutes ago, goalie13 said: The players get a 50/50 split of hockey related revenues. The cap hit is based on projections of what the hockey related revenues will be for the upcoming season. Escrow is the amount that is held back, just in case the league doesn't hit the revenue they expect to. If the league makes the money they projected, the players get all of their escrow money back. If the league misses their revenue target, then less money is given back to the players. A percentage of the players salary is "held" to pay for the failure to meet NHL income estimates, an example Toews salary is 10 mil, escrow was 20%, Toews salary is now 800,000, it cost him 200,000 dollars. Oddly ESCROW only works in the negative, the owners cannot lose only make more. 1 Link to comment Share on other sites More sharing options...
Tre Mac Posted September 12, 2019 Share Posted September 12, 2019 I am done with the NHL if they cancel just one game due to a lockout. Link to comment Share on other sites More sharing options...
goalie13 Posted September 12, 2019 Share Posted September 12, 2019 (edited) 15 minutes ago, ItTakesAnArmy said: A percentage of the players salary is "held" to pay for the failure to meet NHL income estimates, an example Toews salary is 10 mil, escrow was 20%, Toews salary is now 800,000, it cost him 200,000 dollars. Oddly ESCROW only works in the negative, the owners cannot lose only make more. Close. The part you are missing in your scenario is where the final HRR numbers are agreed upon. If it comes in that the players would lose 12%, then in your scenario, Toews would get back $800K of the $2M that was withheld. Meaning that he lost a total of $1.2M of his $10M salary. And I agree, it does seem odd that there isn't a clause for the teams to top up player salaries if HRR comes in higher than projected, but given their track record I don't think it will ever be an issue. Here's a good graph of the amount of money the players have lost after final HRR numbers have come in: https://www.tsn.ca/escrow-the-symptom-of-a-larger-issue-1.1360570 Edited September 12, 2019 by goalie13 Link to comment Share on other sites More sharing options...
coryberg Posted September 12, 2019 Share Posted September 12, 2019 17 minutes ago, ItTakesAnArmy said: A percentage of the players salary is "held" to pay for the failure to meet NHL income estimates, an example Toews salary is 10 mil, escrow was 20%, Toews salary is now 800,000, it cost him 200,000 dollars. Oddly ESCROW only works in the negative, the owners cannot lose only make more. That would be 92% 1 Link to comment Share on other sites More sharing options...
Lancaster Posted September 12, 2019 Share Posted September 12, 2019 They should make all contract guaranteed and unlimited buyouts for all teams. If some rich team like the TML wish to buy out 3 players with like 2 years @ 4 million each remaining.... they should be allowed to take that off the books by paying 100% of the remaining funds without any penalty. If rich teams wishes to throw money around like it's going out of style, why stop them? Just put rules in place that you can't re-sign the same player for like 2 years and that the player's new salary cap can't be less than 1/4 cap hit or something. Eg. the TML can't just sign Marner for league max, then immediately buy him out and then immediately re-sign him for league min to circumvent the salary cap. 1 Link to comment Share on other sites More sharing options...
goalie13 Posted September 12, 2019 Share Posted September 12, 2019 9 minutes ago, Lancaster said: They should make all contract guaranteed and unlimited buyouts for all teams. If some rich team like the TML wish to buy out 3 players with like 2 years @ 4 million each remaining.... they should be allowed to take that off the books by paying 100% of the remaining funds without any penalty. If rich teams wishes to throw money around like it's going out of style, why stop them? Just put rules in place that you can't re-sign the same player for like 2 years and that the player's new salary cap can't be less than 1/4 cap hit or something. Eg. the TML can't just sign Marner for league max, then immediately buy him out and then immediately re-sign him for league min to circumvent the salary cap. While I get where you are going, I think the other aspect would have to be something around having the cap hit be equal the actual salary for that year, or applying cap recapture to any buyout. For example - Shea Weber. He has a cap hit of $7.8M. In the last three years of his deal his salary dives to $1M per year. Montreal (and Nashville) benefited from the deal being stretched out. I wouldn't want to see teams like Montreal being able to buy Weber out for peanuts to avoid the larger cap hit. 1 Link to comment Share on other sites More sharing options...
Nuxfanabroad Posted September 12, 2019 Share Posted September 12, 2019 There should be a viable mechanism to move on from the skating-lumps. It's entertainment, FGSakes! For some fanbases, do they prefer torment? Link to comment Share on other sites More sharing options...
mll Posted September 16, 2019 Share Posted September 16, 2019 1 1 Link to comment Share on other sites More sharing options...
HerrDrFunk Posted September 16, 2019 Share Posted September 16, 2019 46 minutes ago, mll said: Thank God! I'm sure something will get messed up in 21-22 but at least we get three seasons without that nonsense. Link to comment Share on other sites More sharing options...
aGENT Posted September 17, 2019 Share Posted September 17, 2019 23 hours ago, mll said: Just came to post this ....surprised there hasn't been more talk on this...everybody zeroed in on Boeser I guess Link to comment Share on other sites More sharing options...
coastal.view Posted September 17, 2019 Share Posted September 17, 2019 4 hours ago, aGENT said: Just came to post this ....surprised there hasn't been more talk on this...everybody zeroed in on Boeser I guess i wonder if most agents protected their player contract signings for both of these possible outcomes - reopening and not i seem to recall that most of these newer contracts focused on 1 cba interruption year Link to comment Share on other sites More sharing options...
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