JJFIVEOH Posted March 5, 2014 Report Posted March 5, 2014 (edited) If I understand recapture properly (and I may well not)..it still sucks for you guys if he retires early. I saw this tweet earlier. I don't understand how Luongo's contract would apply to the rules of the new CBA. Seems to me it shouldn't be retroactive since the contract was made with the previous CBA guidelines. James MirtleVerified account @mirtle Here are the cap penalties from Roberto Luongo's contract for the Canucks if he retires early. Could be really ugly pic.twitter.com/0dNIQAipg6 Reply Retweet Favorite CAP ADVANTAGE RECAPTURE (Roberto Luongo Rule) Teams receiving a “cap advantage” from long-term contracts — defined as seven years or more for contracts signed prior to the January 2013 CBA — will be penalized in the event the player retires or “defects” from the NHL before the contract expires. A team receives a “cap advantage” when the player’s actual salary exceeds his cap hit in a given year. Following retirement/defection, the “advantage” will be “recaptured” and charged against the club’s cap in equal amounts each year until the contract expires. This penalty applies to any team that received a cap advantage from the contract — ie. a traded contract — except in the event that the trade occurred prior to the new CBA coming into place in January 2013. [ Edit: June 2, 2013 ] Teams do not receive a credit for net negative cap benefit (where cap hit exceeds salary over the course of the contract prior to retirement). However, in calculating net “cap advantage,” teams do receive a credit for seasons in which cap hit exceeds salary. Please note, contracts that fall under the "over-35" rule do not qualify for cap benefit recapture, the NHL has confirmed. In these cases, the team is charged with the player's full cap hit. Also note, the 2013 CBA defines "Long-Term Contracts" in Section 50.5 © (ii) (A) (P. 265) as any contract entered into prior to the execution date of the agreement that has a term in excess of six years, meaning all contracts signed after the lockout are not subject to recapture penalties. LINK: CapGeek Recapture Calculator » As wrong as the contracts were with Luongo, DiPietro and Kovalchuk........... they found the loopholes and they exploited the loopholes. The NHL addressed it so those would no longer exist. I just don't think it's right that Vancouver should be penalized because the followed the rules of the previous CBA. This probably doesn't belong in this thread. Not sure where to put it though. Edited March 5, 2014 by JJFIVEOH Quote
Darryl Shannon's +/- Posted March 5, 2014 Report Posted March 5, 2014 Harsh precedent may make teams think twice when they find the loopholes in the latest CBA? Quote
SabresBillsFan Posted March 5, 2014 Report Posted March 5, 2014 I don't think we get that much for Halak unless paired with another player! Quote
inkman Posted March 5, 2014 Report Posted March 5, 2014 I don't think we get that much for Halak unless paired with another player! Correct Quote
Robviously Posted March 5, 2014 Report Posted March 5, 2014 I don't think we get that much for Halak unless paired with another player! We could pair him with Chris Stewart. I hear that's worked before. Quote
darksabre Posted March 5, 2014 Report Posted March 5, 2014 We could pair him with Chris Stewart. I hear that's worked before. We should be able to get another goalie and a roster player. Who has a team captain we'd like? Quote
Trettioåtta Posted March 5, 2014 Report Posted March 5, 2014 What online video or radio channel is best for coverage today? TSN? (I remember having issues last year with them - probably cos i'm not North American) Quote
Huckleberry Posted March 5, 2014 Report Posted March 5, 2014 Trades happened that i thought never would. Like erat en penner, just hope this isn't teams going after Tier 2 trades because of not wanting to meet the asking prices of tier 1 trades. Quote
shrader Posted March 5, 2014 Report Posted March 5, 2014 What online video or radio channel is best for coverage today? TSN? (I remember having issues last year with them - probably cos i'm not North American) If you can't pull up TSN's stuff, I usually look for a Toronto radio station. Quote
Eleven Posted March 5, 2014 Report Posted March 5, 2014 What online video or radio channel is best for coverage today? TSN? (I remember having issues last year with them - probably cos i'm not North American) The Hockey News site is pretty good: http://www.thehockeynews.com/blog/nhl-2014-trade-deadline-central/ Quote
26CornerBlitz Posted March 5, 2014 Report Posted March 5, 2014 WATCH LIVE: Tradecenter deadline coverage TradeCentre ’14 features an impressive team of analysts and insiders offering the most robust League-wide trade deadline coverage. Quote
North Buffalo Posted March 5, 2014 Report Posted March 5, 2014 WATCH LIVE: Tradecenter deadline coverage TradeCentre ’14 features an impressive team of analysts and insiders offering the most robust League-wide trade deadline coverage. Ah the WWE has come to the trade deadline... can we get some reverb in there an increasing volume! :P Quote
Eleven Posted March 5, 2014 Report Posted March 5, 2014 (edited) WATCH LIVE: Tradecenter deadline coverage TradeCentre ’14 features an impressive team of analysts and insiders offering the most robust League-wide trade deadline coverage. Oh yeah, I gots some Marty up in here! And the guitarist singing the "Bobby Lu Bobby Lu" song is hilarious. Edited March 5, 2014 by Eleven Quote
Jsixspd Posted March 5, 2014 Report Posted March 5, 2014 We could pair him with Chris Stewart. I hear that's worked before. Works for me, too. I saw all I needed to see of him Monday night. Having him out there was like giving the Stars a gift PP. He would quickly rival Leino in "sinking feeling in the guts" seeing him out there. Quote
dEnnis the Menace Posted March 5, 2014 Report Posted March 5, 2014 Works for me, too. I saw all I needed to see of him Monday night. Having him out there was like giving the Stars a gift PP. He would quickly rival Leino in "sinking feeling in the guts" seeing him out there. I felt the same way. Maybe he picks it up if he's not traded? Although, no one will ever rival Leino in any 'tank' catagory. Quote
Johnny DangerFace Posted March 5, 2014 Report Posted March 5, 2014 All trade talk (even rumors) here now? Quote
Hoss Posted March 5, 2014 Report Posted March 5, 2014 So where the ###### are we supposed to talk about speculation now? This thread isn't for speculation... A lot of good ongoing discussion in the other thread and then some jolly green ###### giant comes and steps on it. Quote
LGR4GM Posted March 5, 2014 Author Report Posted March 5, 2014 Gaborik to LA Kings. (close) Bob McKenzie @TSNBobMcKenzie No official confirmations (yet) but hearing NYR are prepared to trade Callahan, plus 1st rd pick and 2nd rd pick for Marty St. Louis. Close. Quote
spndnchz Posted March 5, 2014 Report Posted March 5, 2014 :P Talk whatever you want about the deadline here. Quote
LGR4GM Posted March 5, 2014 Author Report Posted March 5, 2014 Also as far as LA is concerned, Tanner Pearson would be a good addition for the Sabres. Quote
Johnny DangerFace Posted March 5, 2014 Report Posted March 5, 2014 I don't get the point of two threads. We all want to talk about trades. Going Inbetween two threads was goofy!!! Quote
spndnchz Posted March 5, 2014 Report Posted March 5, 2014 I hope Vanek gets traded before noon. Really need some baseline for value. Quote
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