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 Kr55
Messages: 9705
Registered: May 2002
Location: Edmonton
6 Cups
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| RDOilerfan wrote on Thu, 22 July 2021 14:12 |
The reason the cap hit is more in the second year is because of a rule change for players over 35. If the second year is more than the first, Smith can retire and the contract just disappears with no penalties.
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Good call.
| Quote: |
The new CBA Memo of Understanding contains a new rule that allows a player to sign a multi-year 35+ deal that is not front loaded, and they can retire if they want. The cap hit disappears when they do.
The new CBA MOU says this:
64. 35+ Year Old Rule for Cap Counting
CBA ยง50.5(d)(i)(B)(5) shall have no application to a multi-year SPC that has: (1) total compensation (Player Salary and Bonuses) that is either the same as or increases from one League Year to the immediately subsequent League Year, and (2) a Signing Bonus, if any, that is payable in the first year of the SPC only.
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"We need to get better immediately. That starts today"
- Lowe, 2013
"Next year I would forecast as another developmental year"
- MacT, 2015
5 x $5,000,000
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Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 11:11 |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Thu, 22 July 2021 11:12 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Mike on Thu, 22 July 2021 11:21 |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Thu, 22 July 2021 11:24 |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 11:34 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 11:53 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 13:07 |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 13:08 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Adam on Thu, 22 July 2021 14:18 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Thu, 22 July 2021 14:41 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Thu, 22 July 2021 14:44 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Sat, 24 July 2021 13:58 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Thu, 22 July 2021 14:46 |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: NetBOG on Thu, 22 July 2021 15:08 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Wed, 08 June 2022 13:25 |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
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Re: Smith Re-signs - 2 years 2.2MM per |
By: Kr55 on Wed, 08 June 2022 13:38 |
