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.
Julien says Lundqvist’s acting ‘doesn’t need to be on the ice’
The goalie interference penalty called on Brad Marchand late in Friday’s Thanksgiving Showdown didn’t sit well with the Bruins.
Marchand, whistled after making contact with New York’s Henrik Lundqvist midway through the third, said he thought “it was a bit of a weak call,” adding “[Lundvqist’s] out of the crease, and he lightly gets touched.”
While Marchand took issue with the call, his head coach took issue with King Henrik.
Julien on Hank: "I know he does some acting on the side, but it doesn't need to be on the ice." #Bruins
Somebody tell the Boston Bruins there’s a goal-scoring crisis in the NHL.
This afternoon, for the 14th time this season, a Bruins game featured at least six goals. The final score was 4-3, as Boston came back to beat the Rangers in a wildly entertaining Thanksgiving Showdown on NBC.
David Krejci scored the winner with 1:43 remaining. Krejci’s goal came just 2:03 after teammate Ryan Spooner had tied it on the power play.
The win was the Bruins’ fifth straight. Though the defensive mistakes remain…
…Claude Julien’s troops have been finding ways to overcome them.