[News] 4 year CBA Ratified. MOU released

[Fighting Banana Slug]

No more double retention seems like a pretty big change as well. Makes it harder to monetize cap space.

[cam_wmh]

Originally Posted by getbak

The playoff cap article is quite long, but the gist of it as I can see:

A team's active 20 man roster for any playoff game must be cap compliant. The cap calculation will also account for buyouts, retained salaries, and buried salaries. It will not include performance and games played bonuses, but will include signing bonuses.



If a player was acquired in a retained-salary transaction, his full season's salary will be counted against the playoff cap, excluding the percentage that was retained. However, if the team that retained the salary makes the playoffs, only the amount they retained against the cap after the trade will count against their playoff cap.

For example: A player with a $10 million cap hit is traded at the halfway mark of the season and his original team retains 25% of the salary in the trade. If both teams make the playoffs that season, the player's playoff cap hit for the team that acquired him will be $7.5 million ($10 million minus 25%). The team that traded him will also have a dead cap hit during the playoffs of $1.25 million (half of 25% of $10 million because they only retained the salary for half the season).

I'm reading this as a player in the final year of their contract, but in scenarios where the player's contract with retention proceeds into the following season(s), the same simple split occurs - in both regular season and playoffs.

Interesting.

The Flames being a bubble team, with ample cap room, could weaponize retention trades even more.

[TheIronMaiden]

Originally Posted by Fighting Banana Slug

No more double retention seems like a pretty big change as well. Makes it harder to monetize cap space.

I bet thing is something that the league officials wanted. Just seems like a pain to process, and makes trades more convoluted than they need to be.

[bizaro86]

Originally Posted by getbak

The playoff cap article is quite long, but the gist of it as I can see:

A team's active 20 man roster for any playoff game must be cap compliant. The cap calculation will also account for buyouts, retained salaries, and buried salaries. It will not include performance and games played bonuses, but will include signing bonuses.



If a player was acquired in a retained-salary transaction, his full season's salary will be counted against the playoff cap, excluding the percentage that was retained. However, if the team that retained the salary makes the playoffs, only the amount they retained against the cap after the trade will count against their playoff cap.

For example: A player with a $10 million cap hit is traded at the halfway mark of the season and his original team retains 25% of the salary in the trade. If both teams make the playoffs that season, the player's playoff cap hit for the team that acquired him will be $7.5 million ($10 million minus 25%). The team that traded him will also have a dead cap hit during the playoffs of $1.25 million (half of 25% of $10 million because they only retained the salary for half the season).

That will reduce the value of retaining on pending UFAs, and might even hurt the rental market generally. It's always playoff teams that are buyers, and if you acquire a player at the deadline with 50% retained it doesn't add much full year cap, but now they'll effectively have to have 50% of the full year cap for that player to be useable in the playoffs.

[D as in David]

Originally Posted by Fighting Banana Slug

No more double retention seems like a pretty big change as well. Makes it harder to monetize cap space.

As of this MOU, double secret retention is still possible.

[sureLoss]

Originally Posted by TheIronMaiden

I bet thing is something that the league officials wanted. Just seems like a pain to process, and makes trades more convoluted than they need to be.

I don't think the league liked them because it came pretty close to buying a pick for straight up cash.

That is why they forced teams to give up a minor leaguer in the double retention trades instead of doing it for future considerations.

[Itse]

The "yes that alcohol, no to cannabis" thing is stupid, but other than that seems like they mostly made a whole lot of common sense changes. I'm guessing both sides are happy.

I guess it helps getting the small stuff done when there's no major disagreements to fight over.

[Itse]

Originally Posted by Fighting Banana Slug

No more double retention seems like a pretty big change as well. Makes it harder to monetize cap space.

It hasn't been much of a thing anyway.

[GioforPM]

Originally Posted by Canada 02

great informative tweet from Pike

https://twitter.com/user/status/1943726662782513491

One of the main things I learned from this is that someone can’t spell bonafide.

[getbak]

Originally Posted by GioforPM

One of the main things I learned from this is that someone can’t spell bonafide.

Bona fide is actually two words.