Quote:
Originally Posted by Jacks
That doesn't make any sense. The salary is still being accounted for but the previous year(s) cap benefits aren't. Your quote doesn't mention anything about recapture. If that was the case Chicago would just buy out Hossa next year and take the $300K buyout hit with no recapture penalties.
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Here's an form of the quote from the CBA:
Quote:
Upon that Player's failure to play in the League by reason
of retirement, "defection" from the NHL or otherwise (but
not death) (such that he is not playing and is not receiving
Salary pursuant to his Long-Term Contract) (assuming it is
prior to the conclusion of the Long-Term Contract), the
difference between the sum of the Actual Salary and
Bonuses received by that Player under that SPC and the
sum of the Averaged Amounts charged against the Club's
Averaged Club Salary under that SPC shall be calculated as
follows: ...
(iv)
The Cap Advantage Recapture shall be
charged against the Club's Averaged Club Salary in equal
proportions in each League Year over the remaining term
of the SPC (i.e., the yearly charge shall be calculated by
dividing the Cap Advantage Recapture by the number of
seasons remaining under that SPC).
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A buyout is not failure to play in the league by retirement, defection or
otherwise(but not death) (such that he is not playing and is not receiving Salary pursuant to his Long-Term Contract). I don't interpret a buyout as otherwise because a buyout is a form of Salary pursuant to his Long-Term Contract.