Quote:
Originally Posted by devo22
correct. They also gave Steve Staios a bonus-laden contract (800k salary + 800k bonuses = 1.6m cap hit). "Wang-Islanders solution" seems like a fitting name for the Knight contract in my book ...
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Quote:
Originally Posted by kirant
If memory serves though, isn't that how Wang got to cap floor? Niederreiter was on a 2.75 cap hit contract, but only earned a small fraction of that amount. And rumour at the time was that he only stayed on the Islanders team so they could reach cap floor.
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I just recently remembered that the new CBA (Section 50.5.c) does not allow performance bonuses to be used in calculating if a team reaches the Salary Floor. Therefore the "Wang-Islanders solution" has been neutralized.