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Looking At Savard’s Contract
by Paul on 12/04/09 at 02:04 PM ET
Comments (7)
from Erik Duhastchek of the Globe and Mail,
Another week and another NHL team blatantly plowed through a CBA loophole in order to circumvent the salary cap.
And no, we’re not talking about the Chicago Blackhawks, who signed three players – including defenceman Duncan Keith – to multi-year contract extensions Thursday worth a cool $135-million in total. The NHL gave the deals, including Keith’s 13-year extension, its blessing – which is not to say that the Blackhawks are in the clear on the Marian Hossa extension signed this summer.
Keith’s $72-million contract received the OK, after it had been vetted by the league and tweaked so that the dollars at the back end are defensible.
Instead, the contract that the league will scrutinize is the seven-year, $28.5 million extension signed by Marc Savard with the Boston Bruins.
On the surface, it looked as if Savard granted the Bruins a large home-town discount.
continued with numerous hockey topcs discussed…
Filed in: NHL Teams, Boston Bruins | KK Hockey | Permalink
Tags: Marc+Savard,
Comments
Are you telling me Toronto is whining after they got to steal Kessel thanks to the ridiculous CBA. The salary cap is a joke and if you can’t figure out a way around it you are a moron
Posted by kevin from boston on 12/04/09 at 02:54 PM ET
Here’s the funny thing - they keep saying “circumvent the cap” when, in actuality, it’s in line with “the cap”. It doesn’t circumvent anything - the CBA states that the “cap” is the sum total of the average yearly earning on all players’ contracts. If the average keeps it under, it’s not circumventing it at all. The CBA states nothing about being based upon actual salary figures of the players.
Someone remind me, why is this a bad thing anyway? A contract is made in order to allow both parties to get what they want - if one party does something stupid, that’s their fault, too bad. Also, all teams can do these contracts, it’s not like only certain teams are allowed to. It’s all fair according to the CBA.
Posted by BuzzFledderjohn on 12/04/09 at 03:21 PM ET
It’s not a bad thing, Buzz. And you’re right, it’s not a “loophole” or “circumvention”—it follows the rules just as much as anything else. I am with you 100%.
Posted by Nathan from the scoresheet! on 12/04/09 at 03:45 PM ET
Now wait a second here, to me the article seems to hint that the league won’t approve any of these deals if they think the player is taking deal that will pay him less then what the league thinks he should make.
Anyone else get that vibe?
Posted by mrfluffy from Long Beach on 12/04/09 at 04:26 PM ET
If the average keeps it under, it’s not circumventing it at all.
This is what kills me. The cap is worded SPECIFICALLY to be able to do EXACTLY this.
I would think that in normal circumstances, it would be worded that whatever the player is paid is what the cap hit is. Period. But no, they had to change the wording to say that the average salary is the cap hit. Now, maybe the PA did this on purpose and the NHL lawyers were just too fuching stupid to realize it, but everyone OK’d the wording, so there is no circumvention. Not even a little bit.
Posted by Garth on 12/04/09 at 04:53 PM ET
Kevin, How did Toronto “steal” Kessel? I understand that Boston couldn’t sign him because of cap stuff, but that was Boston’s own fault. And I don’t know too many thief’s that rob your house but leave a new car in your garage, and thats exactly what Brian Burke did. Thanks to him being an idiot, the B’s are going to most likely have a lottery pick this season, and still have more picks next season!
If anything, you guys robbed the Leafs. For someone who the B’s had NO chance at signing because of the cap situation they put themselves in, they were able to get prime assets.
So stop your whining.
Posted by Kstewy16 on 12/04/09 at 05:14 PM ET
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Wahhh wahhh wahh. There’s no doubt it’s designed this way to circumvent the cap. It’s your CBA, NHL, now you have to live with it till it expires. Cry to someone else… like someone that didn’t take a season of my favorite game from me and ruin half of what I liked about it in the process.
Posted by Nathan from the scoresheet! on 12/04/09 at 02:27 PM ET