Hockey Widow wrote: ↑Thu Jul 04, 2019 6:13 pm
Strangelove wrote: ↑Thu Jul 04, 2019 4:49 pm
Sounds good but I'll bet his agent would warn him the league might come after him for that bonus.
Otherwise such a precedent could become cap circumvention loophole... don't you think?
Ya this is what my concern was. If he gets 5M as a bonus, what year does it hit the cap? I mean they either stick it to us for one year or take it back.
If the cap hit applies (and I'm sure it would) it would be for 2019-20.
I think if Loui retires tomorrow (or mutually terminates) there would be a $4M cap hit for Nucks for 2019-20.
(and zero cap hit for the years left on the contract)
But, as I say, I think the NHL would fight to make Loui pay back the $4M
... at which point the cap hit would come off the books.
I'm only guessing of course because taking the bonus and retiring has never happened before.
But there have been cases of retiring/MTing and the corresponding percentage of the cap hit remaining.
I remember Rodin having only a small part of his $700K counting on the cap after he MTed early in 2017 season.
Something similar happened with Brooks Laich in LA that same year.