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Post by ottawagm on Jan 28, 2010 10:01:22 GMT -5
Let me bring you guys a perfect example.
A few years back, I had traded to help the Kings with their salary cap problem. I got Bobby Holik with a 5 year deal at 3.5M$ per year. Note this is when Bobby sucked and didn't deserve such a price. I asked the PA and Commish if it would be possible to get his salary lowered to a much more respectable 1.25M$ per, but add a year and give him a instant cash bonus for allowing his salary to be lowered.
Now this could be an option. You want him to be cap friendly on your team? Fine, but you have to instantly pay part of the salary cut you want to give him. I know I couldn't do it right now, because of the poor funds I have, but some teams could do it.
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Post by dallasruben on Jan 28, 2010 10:41:57 GMT -5
I like this option the best. Restructure downwards (after approvals) but have to pay an instant bonus. Yes it hamstrings teams like my own who have no cash for instant payouts but it makes the most sense. It also means that these would likely happen in the offseason in order to off set the bonus money.
Example: Lets say I want to reduce Prospal's salary from $5MM to $3MM (not saying I do, but for the sake of the example). The only time I could do that would be in the offseason when I could monitize the $2MM savings and pay out the bonus, which is in line with real life. No player would ever except a pay cut during the season.
Obviously this example is specific to my team, but I think it would work.
Also as much as paying some Joe player $4MM looks shitty I don't think you can enforce any kind of rule on this. I mean I haven't skated since I was 11 but if a pro hockey team called me and offered me $4MM to play for them I would take it. As a player agent your job is to get the best deal possible for your clients, so if a team wants to overpay I don't think you can expect a player agent to say "WHOA, are you kidding me? We'll sign for 10% of that!"
Yes it makes a mockery of the cap floor, but who's really benefitting here? Its the teams with long term, high priced players who don't perform. I would love to trade Tyler Arnason and his $1.25MM contract, but no one would want him. Trying to get a prospect or a 6th round pick out of a Tampa Bay only benefits me. If a team wants to tank and suck balls to bank a ton of cash and load up on prospects in the draft let them or kick them out, but you can't force them to take on cash just because it offers the rest of us some relief.
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Post by vancouver on Jan 28, 2010 10:47:47 GMT -5
if I can reduce the salary of Prospal when he was in my team I never had trade him to you Ruben ;-) .
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Post by dallasruben on Jan 28, 2010 11:27:28 GMT -5
And I'm thankful that you could not.
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Post by leafsgm on Jan 28, 2010 20:09:58 GMT -5
I'm easy like over easy.
Would we be setting ourselves up for GMs signing a player for big money thinking that down the line if he sucks they will re-negotiate?
I share John's view on this.
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Post by detroitgm on Jan 28, 2010 21:09:26 GMT -5
Regarding Holik -- so you traded for him to help out a salary cap challenged team and then tried to cut a deal on his salary. Now the bad GM whom signed him originally got helped out by the trade I assume in some way shape or form by an asset acquisition and removal of salary, but why not have just given them the salary break as I assume Holik was a far better asset then they received. This is just another point as to why it's a bad idea IMO.
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Post by vancouver on Jan 28, 2010 21:35:39 GMT -5
True...no re-negociation.
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Post by ottawagm on Jan 28, 2010 22:22:54 GMT -5
The Holik thing was that I didn't want to ship him out becasue of his big salary. I wanted to keep him for the rest of his NHL career actually. But hey, no re-negociation is fine by me. Just saved up some work for me! ;D
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Post by KingsGM on Jan 28, 2010 22:49:13 GMT -5
I have changed my opinion after reading current NHL standards: www.nhl.com/ice/page.htm?id=26366RENEGOTIATION OF CONTRACTS
Will Clubs be able to renegotiate contracts with players?
No. Player contracts will not be renegotiated (upward or downward) during their term. Extensions may be negotiated but only in the final year of the contract and only if such extension is for an amount that can be accommodated in a Club's upper limit for the current year or as computed for future years. And just a few other things to point out from this article sited above: - Minimum contracts are now $500k in NHL. I think we should raise the minimum next year.
- The trade deadline has been moved up 14 days in real NHL. Something to think about.
- There is no luxury tax in the NHL. Should be scrapped from the rules... I don't think we abide by it anyway.
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Post by dallasruben on Jan 29, 2010 10:33:10 GMT -5
Agreed on all three points
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