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Post by Deleted on Jul 24, 2014 15:33:59 GMT -5
I would also like to see Willy write up a draft of the exact rule of salary retention before I cast my vote. So there are no grey areas of how this actualy works.
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Post by WillyBilly (Tire Fires) on Jul 24, 2014 15:37:54 GMT -5
I would also like to see Willy write up a draft of the exact rule of salary retention before I cast my vote. So there are no grey areas of how this actualy works.
i would more or less copy the actual NHL Rules on salary retention with some minor changes that everybody would weight in on |
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Post by Bruyns (Barrie) on Jul 24, 2014 15:38:49 GMT -5
From another league and Willy can make changes as he sees fit for his proposal.
Proposal:
- Salary up to 50% can be retained.
- If salary is retained, it must be retained for ALL remaining years of a contract
- One player can only have salary retained in 2 transactions (max reduction is 25% of original)
- Minimum salary can also not be less than the league minimum based on experience.
- Each team can only have X number of retentions at one time (this means a team retaining salary, not receiving the player on reduced salary)
- A new section will be added under buyouts on every teams rosters, named Salary Retained, this will list the players that are no longer on the team but have retained salary in a deal. (as are all things for a team's roster)
Benefits:
- Previously untradeable players who were simply overpaid will now be able to be moved
- Contenders can more easily do salary for salary deals without finding empty space to move
- Promote "3-way" type deals where a rebuilding team with cap space could retain salary and get some compensation while 2 cap-strapped teams can get assets they want.
- Easy to track, rosters have to be kept up-to-date at all times so GMs will do it once they switch up their roster after a completed trade.
Disadvantages:
- Teams who have previously dumped players for lesser value because of bad contracts lose out.
- New section for TAB to track on rosters.
Example trade with salary retention:
To Team A:
Chris Stewart 3,000,000 (2017)
To Team B:
Nice Things
Salary Retained: 2,000,000 (2017)
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Post by Dave (PLK) on Jul 24, 2014 15:40:46 GMT -5
50% is the max. in the nhl...that would be our max also
we can make up whatever rules we want though, regarding salary retention and buyouts etc.
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Post by WillyBilly (Tire Fires) on Jul 24, 2014 15:40:56 GMT -5
Under the terms of the 2005 collective bargaining agreement, when a team traded for another player, it assumed the full cap hit and remaining salary obligations of the acquired player. That was changed for the 2013 collective bargaining agreement. Teams may retain part of a traded player's salary to ease the cap burden on the acquiring team. Provisions on such retention are as follows:
1: The acquiring team must assume at least 50 percent of the remaining salary and cap charge of the SPC.
2: Such a contract can only be traded twice using provision 1 during the lifetime of the SPC.
3: Retained salary by the trading team cannot be more than 15 percent of the upper salary cap limit.
4: A maximum of 3 such contracts with salary retained in a trade can on a team's books at any one time.
This provision is included in Article 11 of Summary of Terms the 2013 CBA MOU.[12]
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Post by WillyBilly (Tire Fires) on Jul 24, 2014 15:45:23 GMT -5
From another league and Willy can make changes as he sees fit for his proposal. Proposal: - Salary up to 50% can be retained. - If salary is retained, it must be retained for ALL remaining years of a contract - One player can only have salary retained in 2 transactions (max reduction is 25% of original) - Minimum salary can also not be less than the league minimum based on experience. - Each team can only have X number of retentions at one time (this means a team retaining salary, not receiving the player on reduced salary) - A new section will be added under buyouts on every teams rosters, named Salary Retained, this will list the players that are no longer on the team but have retained salary in a deal. (as are all things for a team's roster) Benefits: - Previously untradeable players who were simply overpaid will now be able to be moved - Contenders can more easily do salary for salary deals without finding empty space to move - Promote "3-way" type deals where a rebuilding team with cap space could retain salary and get some compensation while 2 cap-strapped teams can get assets they want. - Easy to track, rosters have to be kept up-to-date at all times so GMs will do it once they switch up their roster after a completed trade. Disadvantages: - Teams who have previously dumped players for lesser value because of bad contracts lose out. - New section for TAB to track on rosters. Example trade with salary retention: To Team A: Chris Stewart 3,000,000 (2017) To Team B: Nice Things Salary Retained: 2,000,000 (2017) This seems about right just add that the Buyout of a contract removes the retention on the team(s) |
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Post by burnsy8801(Leafs GM) on Jul 24, 2014 15:49:41 GMT -5
I think this could definately add some excitement to the league. It is hard enough to find equal footing when you want to make a deal and then somehow fit the cotnract in under the cap. Such as my soon to be aquired player Patrick Kane.
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Post by Deleted on Jul 24, 2014 15:51:52 GMT -5
Under the terms of the 2005 collective bargaining agreement, when a team traded for another player, it assumed the full cap hit and remaining salary obligations of the acquired player. That was changed for the 2013 collective bargaining agreement. Teams may retain part of a traded player's salary to ease the cap burden on the acquiring team. Provisions on such retention are as follows: 1: The acquiring team must assume at least 50 percent of the remaining salary and cap charge of the SPC. 2: Such a contract can only be traded twice using provision 1 during the lifetime of the SPC. 3: Retained salary by the trading team cannot be more than 15 percent of the upper salary cap limit. 4: A maximum of 3 such contracts with salary retained in a trade can on a team's books at any one time. This provision is included in Article 11 of Summary of Terms the 2013 CBA MOU.[12] That must be a error what I underline in bolded. Why should we let anyone go over the cap when they're retaining on such a deal? 3 is way too much, feel that Matt had it right with 2 max for the length of the contract. I agree wit the 50 % for the max and having no minimum. So we only go by % or go by money only ? I know that it becomes the same thing at end of the day but for us to judge a deal it's much easier to see and cleaner to see 50% then retaining 2M of 4M . |
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Post by WillyBilly (Tire Fires) on Jul 24, 2014 15:55:43 GMT -5
Under the terms of the 2005 collective bargaining agreement, when a team traded for another player, it assumed the full cap hit and remaining salary obligations of the acquired player. That was changed for the 2013 collective bargaining agreement. Teams may retain part of a traded player's salary to ease the cap burden on the acquiring team. Provisions on such retention are as follows: 1: The acquiring team must assume at least 50 percent of the remaining salary and cap charge of the SPC. 2: Such a contract can only be traded twice using provision 1 during the lifetime of the SPC. 3: Retained salary by the trading team cannot be more than 15 percent of the upper salary cap limit. 4: A maximum of 3 such contracts with salary retained in a trade can on a team's books at any one time. This provision is included in Article 11 of Summary of Terms the 2013 CBA MOU.[12] That must be a error what I underline in bolded. Why should we let anyone go over the cap when they're retaining on such a deal? 3 is way too much, feel that Matt had it right with 2 max for the length of the contract. I agree wit the 50 % for the max and having no minimum. So we only go by % or go by money only ? I know that it becomes the same thing at end of the day but for us to judge a deal it's much easier to see and cleaner to see 50% then retaining 2M of 4M . Thats the official NHL rules but i like the one Bruyns posted from another league |
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Post by Dave (PLK) on Jul 24, 2014 15:57:22 GMT -5
That must be a error what I underline in bolded. Why should we let anyone go over the cap when they're retaining on such a deal? 3 is way too much, feel that Matt had it right with 2 max for the length of the contract. I agree wit the 50 % for the max and having no minimum. So we only go by % or go by money only ? I know that it becomes the same thing at end of the day but for us to judge a deal it's much easier to see and cleaner to see 50% then retaining 2M of 4M . Thats the official NHL rules but i like the one Bruyns posted from another league it's MAX 50% willy |
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Post by Deleted on Jul 24, 2014 15:59:13 GMT -5
Thats the official NHL rules but i like the one Bruyns posted from another league it's MAX 50% willy Exactly we have a winner. Not the minimum you can take upon. |
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Post by WillyBilly (Tire Fires) on Jul 24, 2014 15:59:51 GMT -5
Thats the official NHL rules but i like the one Bruyns posted from another league it's MAX 50% willy i know i even said that maybe a max of 40 % would be better in my original proposal. And like Frank said that must have been a typo unless they mean the team trading the player |
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Post by Dave (PLK) on Jul 24, 2014 16:00:29 GMT -5
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Post by Deleted on Jul 24, 2014 16:13:45 GMT -5
Can this example work in IFFHL:
Evander Kane
RSA $3.5M 4yrs(from previous trade unrelated)
For
Brayden Schenn
Sent from my SGH-T999 using proboards
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Post by Deleted on Jul 24, 2014 16:20:29 GMT -5
Can this example work in IFFHL: Evander Kane RSA $3.5M 4yrs(from previous trade unrelated) For Brayden Schenn Sent from my SGH-T999 using proboards Are you asking if you could trade a player that was trade it to you since they retain a certain %. I believe the rule would be your aloud to trade a player with retain once after trading for him. Would we aloud to retain money on a player contract twice during the same contract length? Here's a example: Team A get : Mike Richard Team B get: 1st + retain 25 % on Richard Cap hit. then you turn around a few weeks after and trade Mike Richard and retain 30%. Is that aloud ? Is 50 % the max aloud for the entire length of the contract and are we aloud to retained twice for the same player? |
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