View Single Post
Old 01-14-2024, 12:40 PM   #1
gvitaly
Franchise Player
 
gvitaly's Avatar
 
Join Date: Jul 2010
Exp:
Default Asking players to waive NTCs, and NMCs

During last night's game, Kelly Hrudey's opinion was brought up. His take: A team should never approach a player to ask him to waive something that's in the contract and has been negotiated.

I see where he's coming from, but I don't entirely agree. There are many situations where a trade could benefit both the team and the player. I was curious where do you guys stand on the issue?

I think a better approach would be to have a monetary compensation attached to breaking a NTC/NMC. For example, both the team and the player agree that if a player agrees to waive the NTC, and gets traded, then he gets compensated with $1M(insert dollar value here). The same idea could apply when a player asks for a trade.

Would/Should that affect the cap? I think such compensation can be treated like an entry level performance bonus.

Quote:
While performance bonuses count against the salary cap, teams are permitted to exceed the salary cap due to performance bonuses, to a maximum of 7.5% of the Salary Cap.

If a team exceeds the Salary Cap due to performance bonuses, then any amount over the Salary Cap is considered a Bonus Carryover, and counts against the cap in the next season.
So what do you think, is it something that should be a part of the NHL's Standard Player's Contract(SPC)?
gvitaly is offline   Reply With Quote
The Following User Says Thank You to gvitaly For This Useful Post: