Looks like the league and PA agreed on something. I’m assuming it’s the language of the “nonexistant ultimatum”.

So, Kovy’s new contract will be approved, Luongo, Savard, Hossa, avoid investigation into their contracts, and no more contracts like this will be allowed again.

Just one thing – what does that do in terms of fairness to teams that never did this, and no longer have the services of their ‘superstar’ players because they couldn’t fit them under the cap?

On the other hand, I really hope the PA can’t agree and these contracts are voided. I would loooooooooooove to see all the panic and noise that would come out of Vancouver.

Having said that, I don’t see how the PA will not agree.

So basically to put it another way, if you sign a player for X dollars over Y years, their cap hit and salary are both calculated by X / Y. For every year of the deal, the cap hit and salary remain the same. Ya, others have suggested that… very simplistic, but still effective. See my comments above

Racki:
Hmm, Zack, clarify…
I gathered it as meaning that it would be equal salary spread out the entire term because of his second example not being a valid scenario and saying that the first example of even salaries was.
But that also is another possibility too though, having cap hit equal to salary. I’m sure there’s an issue in there somewhere with that set up.. but to be honest, I can’t think of it! (i.e. so maybe there isn’t?)

Sorry Mr.Majestyk and Racki for the confusion, I’ll clarify soon but before I forget there is a problem with those types of contracts. If you have your cap hit equal to the salary and sign some players, this will allow your team to become quite stacked eventually given the right contracts.

Ie. Signing Crosby/Malkin/Fluery for a six year deal, all the same contract, and lets say the front end of that contract is weighed down or whatever its called (can’t think of it). *This is an Example.

Year 1: 7.000 Mil
Year 2: 7.000 Mil
Year 3: 7.000 Mil
Year 4: 7.000 Mil
Year 5: 7.000 Mil
Year 6: 1.000 Mil

The contract is quite lucrative, a six year deal worth 36.000 Mil, but what I get from what you two are saying then that would mean (If their Cap hit is equal to their salary) then on that least year those “Franchise” players will come to a total cap hit of 3.000 Mil. Not that they would probably sign that low but even still that’s a loop hole I can think of.

What I was meaning is that your contract has to be equal to what you sign it with (so in turn it would also count as your salary). So if you sign a player for five years at 4.000 mil, then year one through five would count as 4.000 mil towards the cap and it would also be their salary.

So if they signed Kovalchuck for 15 years at 8.000 mil then year one through 15 he would earn 8.000 mil and it would count toward the cap as 8.000 mil.

I hope this makes things a little more clear, if not I’ll make a chart. =p

I think this kind of method can really open things up if worked correctly. And its extremely simple as well.