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cap penalties

PostedCOLON Sat Jul 03, 2010 6:56 am
by armandtanzarian
Sources tell capgeek.com nine teams will face a cap reduction this coming season because performance bonuses earned pushed them past the upper limit in 2009-10. The Blackhawks lead the way by a long shot at an estimated $4.15 million, but the Boston Bruins and Toronto Maple Leafs are getting hit hard too.

The Bruins face a penalty in the range of $1.75 million and the Maple Leafs are next at $1.4 million. Other notable penalties include the Edmonton Oilers, at $354,500, and the San Jose Sharks, at $327,500. Four other teams — the Vancouver Canucks, Pittsburgh Penguins, Montreal Canadiens and Detroit Red Wings — face reductions of less than $100,000. Following is a complete list of estimates.

1. Chicago Blackhawks, $4,157,753
2. Boston Bruins, $1,759,795
3. Toronto Maple Leafs, $1,400,000
4. Edmonton Oilers, $354,500
5. San Jose Sharks, $327,500
6. Vancouver Canucks, $90,000
7. Pittsburgh Penguins, $83,979
8. Montreal Canadiens, $68,751
9. Detroit Red Wings, $50,000

All nine teams were pushed against the upper limit in part because of long-term injuries and then past it when performance bonuses were achieved.

Re: cap penalties

PostedCOLON Sat Jul 03, 2010 12:43 pm
by Nick
Yo, what I don't get, is why Burke/Nonis/Cap-guy let this happen? FUCKING MOVE FINGER TO THE MINORS.... we had cap space all year... are the guys @ cap geek sure ?

I need to make an excel file that add by day and see how accurate the info we have relates to the cap. From what I know.

- Your not allowed to be ON PACE to exceed cap
- 10% cushion allowed to carry
- 7% of total cap to bonuses allowed to carry
- Cap is calculator by day, from first day of the season to the last (182 days?), [(total $/term)/182]
- Bonuses on top of playoffs shares are applied post-hoc if possible
- Performance bonuses are in steps of landmarks, not progressive scaling

But then the questions begin, do you need to plan for full bonus? is that included in the on pace? I know you can back-scale them from term of accomplishment.

I started off interested, but just want to hit 'submit' and drink some coffee.

Re: cap penalties

PostedCOLON Sun Jul 04, 2010 8:38 am
by The BBKL Insider
doesn't make sense to me - i was reading this the other day on cap geek.

However the leafs have had a decent amount of cap all year. Bozak hitting his bonuses wouldn't have put the leafs over. PLUS - TSN or Sportsnet have not broke this. Any leaf news is big news, so if this was true i'd think TSN would have been all over it.

I call a mix-up by capgeek.

Re: cap penalties

PostedCOLON Mon Jul 05, 2010 1:21 pm
by Chuck Norris
And I cant see MTL being over the cap at all...I mean we had Markov, Camms, AK-47 all on the LTIR and those are big contracts...you take a chunk of Markov's 5+ mil contract and replace it with $750,000 MAB they saved a ton of cash....mush be something wrong.

Re: cap penalties

PostedCOLON Tue Jul 06, 2010 11:29 am
by The BBKL Insider
Habber wroteCOLONAnd I cant see MTL being over the cap at all...I mean we had Markov, Camms, AK-47 all on the LTIR and those are big contracts...you take a chunk of Markov's 5+ mil contract and replace it with $750,000 MAB they saved a ton of cash....mush be something wrong.
Ya, i don't think its right. TSN nor Sportsnet have said a thing about this.