Carolina defers part of Jarvis salary, are the flood gates open?

[PerreaultForever]

14 hours ago, Taro T said:

Am not looking at their contract details at 2AM, but you are likely wrong about that.

Presumably they retired while still having years remaining on their contract.  With them retiring while having a signing bonus that hadn't been fully realized against the cap, that outstanding amount would have to show up on the books that next season.

Because if they had deferred bonuses that they received after the contract ended, that money would already have hit the cap when it was earned.

And yes the deferred payments count against the cap when those payments are earned.  So, it doesn't show up against the cap nor the players total compensation when it is actually paid because it counted against both when it was earned.

Thinking about it I guess the difference there is they were "performance bonuses" not "signing bonuses" so they can't be calculated until after the performance takes place (even though everybody knew it was just a way to defer money as the performance was just games played or Bruins making the playoffs or some bs that was almost certain)

[SwampD]

On 8/31/2024 at 11:13 AM, Thorny said:

Apparently after this move, and once Boston finalizes Swayman and co, Sabres will be solidly bottom 5 in payroll again and bottom 3 for actual dollars spent 

And the beat goes on.… the sole purpose of the Buffalo Sabres … 

 

[Taro T]

7 hours ago, PerreaultForever said:

Thinking about it I guess the difference there is they were "performance bonuses" not "signing bonuses" so they can't be calculated until after the performance takes place (even though everybody knew it was just a way to defer money as the performance was just games played or Bruins making the playoffs or some bs that was almost certain)

Except there are very limited situations where "performance bonuses" are allowable. 

And a player signing an 8 year contract after his ELC deal is NOT eligible for them.

EDIT: but yes, a player old enough to qualify for performance bonuses can end up having them count against the next season's cap if there wasn't room in that season's cap to cover the bonuses.

If there is room for them to come in under that season's cap, the bonuses count against the current season's cap; but if that would exceed the cap the overage counts against the ne t season's cap.

Edited September 2 by Taro T

[LGR4GM]

 

 

[triumph_communes]

Floodgates?  Nah. It’s nothing new

https://web.archive.org/web/20220601130829/https://www.capfriendly.com/articles/32/shane-doan-deferred-salary-and-bonuses-explained

 

Might get a few while interest rates are high, but as the rates come down they are less attractive