Quote:
Originally Posted by fotze2
What is the max McDavid can get paid? Is there still a max?
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It's 20% of the cap whenever the contract is signed (even if the contract doesn't start until the next season when the cap will be higher). Also, the 20% limit applies to both the annual salary (including signing bonuses) and the cap hit. This means a player couldn't sign a front-loaded maximum cap hit contract to get more money earlier in the contract.
Right now, the cap is $95.5 million, so the highest-possible cap hit for any contract signed until June 30 is $19.1 million.
Next year's cap will be $113.5 million, meaning $22.7 million will be the highest possible cap hit on any contract signed after July 1 next year.
Until June 30, he can sign an 8-year max contract with the Oilers, or whichever team holds his rights at the trade deadline. Between July 1 and September 15, he can sign a 7-year max contract with any team. After September 16, he'll only be able to sign a 6-year max contract.