Breaking Sports

Sunday, June 26, 2005

nhl- Questions not Answered

from Larry Brooks and the NY Post (reg. req.), Martin Brodeur has two years at a post-rollback $11.32 million remaining on his contract, which, as we understand it, would be charged as $5.66M per against the Devils' cap.
Here's the question: What if the goaltender, who in the past has always been willing to accept less than 100 cents on the talent dollar to accommodate the economic needs of the NHL's model franchise, signs a three-year extension this summer for, say, $3.5M per?
Would the contract then become a five-year, $21.82M deal under which the Devils would be charged $4.364M against the cap in each season, that would thus give Lou Lamoriello an extra $1.2M of maneuverability the next two years with which to woo Scott Niedermayer?
Here's the answer: No one knows.
The matter of restructuring contracts — what about signing bonuses? what about deferrals past the life of a contract? — remains one of the significant issues that still must be negotiated and resolved by the PA and the league. We're told that the subject has been addressed, but only in limited conversations that will necessarily have to become both much broader and specific once the parties' large negotiating groups reconvene.
As first reported in this space last week, clubs will be given a one-time grace period this summer to exercise an unlimited number of the traditional two-thirds buyout of players without the expense counting against the cap. Bought-out players may not resign with their clubs. Rest assured there will be a provision in the CBA prohibiting re-gifting (trading back bought-out players) for a standard period of time.
Under the old CBA, teams had twice the length of the remaining contract in which to spread their payments to a bought-out player, but with the player having the option to request an immediate present-day value lump sum payment....continued...

At the end of this article, Brooks added this: Finally, from Page Six: Which individual with the initials DKK is about to learn that anonymity does not last forever? I have a strong feeling Brooks is refering to a certain "blogger".