The NHL and NHLPA have hammered out an interesting deal. In exchange for Ilya Kovalchuk's contract, along with all previous contracts such as Marian Hossa's being accepted the NHLPA has agreed to amend the CBA.
The new rules state that if a player is older than 40 years old when a long-term (five years or longer) contract expires, the player's average salary until he is 40 is the cap hit until he is 40. After that, the salary he gets every year is the cap hit.
The second thing they said is that before the player turns 40 if he gets paid less than a million dollars in any year in a long term contract it will count as one million dollars. However, this will not apply retroactively to any current contracts such as Kovalchuk, Henrik Zetterberg, or anyone else signed long term.
So what is the problem I have? The main problem for me is that it does not count retroactively. I understand this is a concession given by the NHL as part of the negotiations, but that does not mean it is fair. If these deals must end, they have to apply it to everyone the same way, regardless of when they signed their contract. Now this opens up a floodgate when the next CBA is negoti ...
Read Full Article at Bleacher Report - NHL
Article written by Edmond Dantes
NHL Puts End to Long-Term Contract Solution Still Not Enough
September 4th, 2010 by Edmond Dantes Leave a reply »
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