Strangelove wrote: ↑Thu Jul 04, 2019 9:46 pm
ESQ wrote: ↑Thu Jul 04, 2019 8:43 pm
I was reading the cba today, learning that Doc was correct about cap recapture only applying to old-CBA contracts, and I can tell you the CBA does cover cap hits from retirements, even mid-season.
Now, what the CBA actually says, I couldn't tell you with any certainty. But it's in there!
Yeah mid-season retirements definitely result in partial cap hits, see my post above.
But summer retirements cancel the cap hit for the next season(s) completely.
(I remember this happening with the Leaves Marchenko a coupla years ago)
But again, a summer retirement after taking the signing bonus has never happened before
... so we can only guess as to the result.
My thinking is, if a mid-season retirement let's the player keep that portion of his salary earned, and be a partial cap hit, a mid-summer retirement should let the player keep his salary earned (in this case, the bonus), for a partial cap hit.
It's not quite on-point with Berglund's termination, because Berglund didn't have bonuses. However, his actual salary was $4.7 million, with a $3.85 mil cap hit. He retired in December, his cap hit was $1.5, even though his take-home pay was more like $2.2 million. I don't believe there was any talk of him re-paying his salary, even though he was paid more than his retirement cap hit.
Not entirely comparable, but it makes me feel better