View Single Post
Old 06-30-2019, 03:05 PM   #30
sureLoss
Some kinda newsbreaker!
 
sureLoss's Avatar
 
Join Date: May 2004
Location: Learning Phaneufs skating style
Exp:
Default

Quote:
Originally Posted by transplant99 View Post
So does the bonus portion have to be allocated under this years cap?
It doesn't have to be.

There is a bonus cushion of 7.5% of the salary cap that teams are allowed to use during season.

If by the end of the season the performance bonuses plus whatever the team spent against the salary cap exceed the salary cap, the excess is rolled over and charged against next season's number.


So for example, the Oilers could spend to the salary cap this season and if Mike Smith hits all his performance bonuses, they will be charged with a $2 million bonus overage for 20/21

Last edited by sureLoss; 06-30-2019 at 03:08 PM.
sureLoss is offline   Reply With Quote
The Following 5 Users Say Thank You to sureLoss For This Useful Post: