Thread: [Signing] Oilers sign Mike Smith (1yr, $2mil + $1.75mil performance bonuses)
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Old 06-30-2019, 03:11 PM   #31
transplant99
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Originally Posted by sureLoss View Post
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
Yeah thats what i thought..so this is a 2M cap hit for this season.

Not a bad deal for them if so IMO.
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