A club cannot absorb more than 50 percent of the players’ annual cap hit/salary in any trade. Any NHL club can only have up to three contracts on their payroll in which the contract was traded away under the retaining salary proviso.
Also, only up to 15 percent of your upper limit cap amount can be used up by the money you have retained in trades.
Take, for example, San Jose Sharks forward Patrick Marleau, who has two years remaining on his four-year, $27.6 million deal — he’s owed $6.9 million in salary annually and carries a $6.9 million cap hit.
Now, say the Sharks want to trade him to Montreal. (NOTE: Marleau has a no movement clause. ANOTHER NOTE: Montreal is mentioned solely for example purposes.)
The new rule would allow San Jose to absorb $3.45 million in both salary and cap hit to facilitate the deal, leaving Montreal to pay the remaining $3.45 million.
Pretty interesting, huh?
The key part is it’ll allow much more flexibility when it comes to flipping players, especially guys with big price tags.
In the case of Marleau (who’s been the subject of trade rumors for a while), one sticking point has always been his contract — he has the NHL’s 23rd-highest cap hit for 2013-14, a hefty chunk of change that potential suitors would have a tough time swallowing.
Chop the incoming cap hit in half, though, and the deal suddenly becomes much easier to stomach.
Plenty of betting options for World Cup final round
Jacob Trouba‘s agent Kurt Overhardt repeatedly shot down certain questions as “private” matters regarding a very public trade request from the Winnipeg Jets, yet his interview on TSN’s Hustler & Lawless spoke volumes about the impasse.
From the sound of things, it would be tough for the Jets to get Trouba to change course and sign a deal with the team.
Trouba seeks a spot as a top two defenseman, or at least one of a team’s top two options on the right side, something Overhardt firmly believes cannot happen in Winnipeg. He quickly deflected hypothetical scenarios regarding Dustin Byfuglien moving to the left or Tyler Myers getting bumped down the Jets’ depth chart.
“None of this is happening on a whim,” Overhardt said. ” … This has nothing to do with money.”
There has been no negotiation regarding the terms of a contract between our client and the Jets over the course of the last several months. The situation is not about money; it is solely about our client having the opportunity to realize his potential as a right shot NHL defenseman.
To the Jets credit, the club has two outstanding right shot veteran defensemen and our client simply wants the opportunity to have a greater role. As a consequence of the Jets depth on the right side, we believe it is in both parties’ best interest to facilitate a mutually advantageous trade.
The 23-year-old defenseman has to appreciate the fact that this is a one-way deal, as the Lightning blueline isn’t the easiest group to crack. (That will be especially true if James Wisniewski makes an impression with his PTO.)
Nesterov has been battling for ice time the past two seasons and was also a member of Russia’s World Cup team. It’s super-important to note that he wears No. 89, which is a little unusual for a defenseman.
It’s too early to say that MacArthur will be forced to retire after this latest injury. At the moment, the Senators were merely happy to see him at the rink receiving treatment, as Guy Boucher toldreporters.
It’s a thought echoed by Senators GM Pierre Dorion shortly after the check, noting that they’re most focused on MacArthur as a “human being.”
Many wonder if Sieloff will face repercussions – perhaps even being released – for delivering such a hit during a scrimmage, especially after just being acquired.
So far, it sounds like he isn’t getting much heat, at least beyond the initial reaction of players getting physical with him right after the check. Boucher said “we’re not pointing fingers at the young kid right now,” according to Warren.