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Post by blny on Jul 1, 2006 16:03:49 GMT -5
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Post by Skilly on Jul 1, 2006 16:11:58 GMT -5
As I pointed out in the main board.
Bruins now have 11 players under contract and and 32 million spent.
They need to fill 12 more roster spots with 12 million dollars.
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Post by blny on Jul 1, 2006 22:28:49 GMT -5
As I pointed out in the main board. Bruins now have 11 players under contract and and 32 million spent. They need to fill 12 more roster spots with 12 million dollars. Do those #'s reflect the dumping of Green and MacEachern?
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Post by Skilly on Jul 2, 2006 10:15:02 GMT -5
As I pointed out in the main board. Bruins now have 11 players under contract and and 32 million spent. They need to fill 12 more roster spots with 12 million dollars. Do those #'s reflect the dumping of Green and MacEachern? Green and MacEachern were excluded ..... buyouts do not count towards the cap.
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Post by Habs_fan_in_LA on Jul 2, 2006 22:34:17 GMT -5
They got rid of that useless overpaid center, what was his name, err......something Thornton, as Theodore said to Hilton, tongue in cheek.
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Post by Doc Holliday on Jul 3, 2006 22:15:28 GMT -5
..... buyouts do not count towards the cap. Yes it does. The only time buyouts were not counting was for a certain period last year. Buyouts, players sent to minors on one-way contract and retirements within a contract all count towards the cap. To answer the question on how the Bruins can afford to sign all these free agents, just watch them try to lowball their RFA (Bergeron and Boyes) now... It's awlays like that in Boston. They stock up on UFA and then fiddle about with their real important players. Hopefully they really pissoff Bergeron so he ends up here in a few year ;D
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Post by Skilly on Jul 4, 2006 19:05:52 GMT -5
..... buyouts do not count towards the cap. Yes it does. The only time buyouts were not counting was for a certain period last year. Buyouts, players sent to minors on one-way contract and retirements within a contract all count towards the cap. To answer the question on how the Bruins can afford to sign all these free agents, just watch them try to lowball their RFA (Bergeron and Boyes) now... It's awlays like that in Boston. They stock up on UFA and then fiddle about with their real important players. Hopefully they really pissoff Bergeron so he ends up here in a few year ;D Then explain to me the Bill Geurin buyout. If you read the thread in the main board it clearly states the Stars put him on waivers to prepare to buy his contract out .... further down it states that the Stars will have to pay him 4.5 million over the next two years that will not count towards the cap .... TSN.ca Staff with Fort Worth Star-Telegram files 6/29/2006 3:59:17 PM The Fort Worth Star-Telegram reports that the Dallas Stars placed forward Bill Guerin on 24-hour waivers Thursday, setting up a buyout of his contract for Friday.Guerin was to make $6.7 million US next season. "It's not a surprise," Guerin told the newspaper. "It kind of shocks you when you actually hear it. My feelings right now are very mixed - my family's incredibly happy here, they're very settled. It's disappointing that it didn't work out with the Stars." The Stars will pay the him $4.5 million US over the next two years, money that will not count toward the NHL's $44 million US salary cap.
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Post by Skilly on Jul 4, 2006 19:21:08 GMT -5
Either TSN is wrong or a contract signed under the old 1995 CBA can be bought out before the contract is terminated and not count towards the cap ...
The CBA defines two types of buyouts:
1) Ordinary Course Buyout - which clearly states that the buyout counts towards the cap
2) Compliance Buyout for 1995 CBA contracts - which do not count towards the cap. It say this only applies for the period preceeding 2005 .....
So is TSN wrong?
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Post by PTH on Jul 4, 2006 19:48:54 GMT -5
Either TSN is wrong or a contract signed under the old 1995 CBA can be bought out before the contract is terminated and not count towards the cap ... The CBA defines two types of buyouts: 1) Ordinary Course Buyout - which clearly states that the buyout counts towards the cap 2) Compliance Buyout for 1995 CBA contracts - which do not count towards the cap. It say this only applies for the period preceeding 2005 ..... So is TSN wrong? If buyouts don't count towards the cap, this CBA is going to be a disaster. In essence, all rich teams need to do is offer insanely long-term deals to players, knowing that if ever they age badly and aren't productive anymore, they can buy them out - and given similar salaries, players will naturally choose longer-term contracts. IE, NJ offers a 30 year old Elias a 6 year deal when Montreal offered the same salary for 3 years, and this way Elias gets a payday if ever his performance takes a hit when he hits 34 and NJ no longer has to take the 6 million dollar cap hit.
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Post by Doc Holliday on Jul 4, 2006 19:50:23 GMT -5
I'm 99% they are. From the NHL site: Will Clubs have an opportunity to make off-season adjustments to their rosters to come into compliance with the new CBA rules?
Yes. Clubs will have a one-time opportunity, during a six-day period, to exercise buy-outs of existing player contracts. Amounts paid to players pursuant to these compliance buy-outs will not be counted against a club's upper limit or the League-wide players' share. Clubs that choose to exercise compliance buy-outs must pay the buy-out amount over the remaining term of the contractHow long does a Club have to exercise a compliance buyout?
There will be a six-day period commencing on July 23, 2005 and ending at 5:00 p.m. ET on July 29, 2005 during which Clubs may terminate and buy out player contractsI do believe compliance buyouts were a one-time opportunity in the summer of 2005 to allow teams to get under the cap limit before the cap came into effect.
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