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The Cushion Clause
by Paul on 06/30/08 at 02:42 PM ET
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from Bob McKenzie of TSN,
Don’t look now, but the rules on signing some unrestricted free agents and the accounting principles associated with the salary cap have changed significantly for the coming season and it could make life a lot more difficult for some teams, as in not having as much salary cap room as they perhaps first thought....
...there is a clause in the CBA that says in the final year of the contract - this one coming up - there is no provision permitted for the Performance Bonus Cushion.
And what exactly does that mean and why should we care?
Basically, the performance bonus “cushion” allows teams to exceed the salary cap number if it’s on earned performance bonuses and defer it against the next year’s salary cap. Now, this season, that cannot happen.
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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