Jump to content
The Official Site of the Vancouver Canucks
Canucks Community

Cap Recapture Grid


Caboose

Recommended Posts

+1, thanks Caboose! Saw capgeek tweet about this new page they made earlier today but laziness caused me to not check it out. Excellent info on here.

...Canucks are pretty much screwed for a few years. Lu is 35. Let's say he plays until 40, that's 5 mor years and then retires. We will have a $3.2 mill cap penalty for 3 years. If he retires a year earlier, it'll be $2.5 mill for 4 years. A year later at age 41 which is pushing it, it'll be $4.3 mill for 2 years. And considering that's when our prospects will be in the mid 20's/in their prime when money will have to be dished out, that's a huge set of handcuffs that'll restrict a lot of what we can do financially.

Damn Burke...that prick screwed us over :@

Link to comment
Share on other sites

Interesting to note that the Canucks aren't the only ones who'll be stiffed by the "cap recapture". In fact, there's a bunch of teams who'll get it worse than the Canucks because they have multiple contracts subject to the rule and as the Canucks know already, trading away those contracts won't help.

I'm kind of stunned that the owners went along with this. After all, this isn't something the players would have demanded or cared about: this is a case of owners screwing over other owners.

Link to comment
Share on other sites

+1, thanks Caboose! Saw capgeek tweet about this new page they made earlier today but laziness caused me to not check it out. Excellent info on here.

...Canucks are pretty much screwed for a few years. Lu is 35. Let's say he plays until 40, that's 5 mor years and then retires. We will have a $3.2 mill cap penalty for 3 years. If he retires a year earlier, it'll be $2.5 mill for 4 years. A year later at age 41 which is pushing it, it'll be $4.3 mill for 2 years. And considering that's when our prospects will be in the mid 20's/in their prime when money will have to be dished out, that's a huge set of handcuffs that'll restrict a lot of what we can do financially.

Damn Burke...that prick screwed us over :@

Everyone is just going to do the Pronger-style "retirement" which involves being on LTIR for the remaining year(s). It's not hard to circumvent.

Link to comment
Share on other sites

Interesting to note that the Canucks aren't the only ones who'll be stiffed by the "cap recapture". In fact, there's a bunch of teams who'll get it worse than the Canucks because they have multiple contracts subject to the rule and as the Canucks know already, trading away those contracts won't help.

I'm kind of stunned that the owners went along with this. After all, this isn't something the players would have demanded or cared about: this is a case of owners screwing over other owners.

If it deters these contracts in the long run the owners are happy.

They don't want to pay out monster back diving contracts.

Link to comment
Share on other sites

If it deters these contracts in the long run the owners are happy.

They don't want to pay out monster back diving contracts.

They didn't have to bring in the cap recapture clause to prevent front-loaded, back-diving contracts from happening going forward. They just had to close the loophole that existed in the previous CBA.

Link to comment
Share on other sites

They didn't have to bring in the cap recapture clause to prevent front-loaded, back-diving contracts from happening going forward. They just had to close the loophole that existed in the previous CBA.

Yes, and they approved all those deals above at the time, which is what makes retroactively punishing them, as opposed to intervening at the time and insisting upon compliance in principle with the terms of the previous CBA , pretty much a mickey mouse contradiction.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...