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Old 11-25-2020, 02:04 PM   #9
sureLoss
Some kinda newsbreaker!
 
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Quote:
Originally Posted by AustinL_NHL View Post
The one big thing here is that Sergachev's final year of $7.2M means the Lightning will have to qualify him at $8.64M, which will either walk him directly to UFA status the following year or lead to a massive contract extension that probably overvalues him to the same point that this contract undervalues him
That is different than what the MOU states. The MOU limits the QO to 120% of the average value of the contract.

Quote:
For SPCs signed after the date of this agreement, if the minimum
Paragraph 1 NHL Salary portion of a Player’s Qualifying Offer
would otherwise be greater than 120% of the Averaged Amount
of the SPC, the minimum Paragraph 1 NHL Salary portion of the
Qualifying Offer will instead be 120% of the Averaged Amount.

For example, if a Player has a 3 year SPC with Paragraph 1 NHL
Salaries of $3.0 million in Year 1, $6.0 million in Year 2, and $9.0
million in Year 3, the minimum Paragraph 1 NHL Salary portion
of the Qualifying Offer will be $7.2 million. If, however, such
Player’s 3 year SPC had Paragraph 1 NHL Salaries of $5.0 million
in Year 1, $6.0 million in Year 2, and $7.0 million in Year 3, the
minimum Paragraph 1 NHL Salary portion of the Qualifying Offer
will be $7.0 million.
So because Sergachev's final year $7.2 million would exceed 120% of the average value of $4.8 mil ($5.76 mil), Sergachev's QO would be $5.76 mil

Last edited by sureLoss; 11-25-2020 at 02:06 PM.
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