Lecavalier re-signs 11 years with TB

[NeverForgetMac25 483]

Yeah. The drop from 8.5 to 4 million, then the drop to 1.5 and 1 million the last couple years of the contract. Especially considering he'll be in his late 30s those years.

Depending on health, there's a fair chance he could retire before those years kick in, so it would seem an awful lot like accepting underpayment for the last few years in order to reduce the cap hit.

Gotcha.....and I would agree this move seems to be nothing short of a Cap-hit reducer to help sign potential future stars such as Stamkos and others without running into Cap problems.

That being said, I would figure TB would have zero problems with the cap seeing as that they plan on icing only 1 defenseman this coming season.

[Opie 308]

Oh really? how much is the cap then?

But I heard the 1st overall in the draft were guaranteed $30million first year or something mad.. compared to nhl rookies its insane

That last part is why Goodell called the current CBA ridiculous!

They do have a Salary cap however they have no structure for Rookies like the NBA* and NHL have.

*The NBA doesn't have a Salary cap per se as much as they have a salary structure.

[BeeRYCE 2]

Doesn't the NBA have a $58M cap, for only 17 players, if that?

That makes $3.4M per player.

[stevie for president 42]

Doesn't the NBA have a $58M cap, for only 17 players, if that?

That makes $3.4M per player.

i thought there was 12 men on an NBA roster? Also on Wikipedia the average salary was $5.2 million. and there are a few exceptions where the salary wouldnt even count against the cap in the NBA.

http://en.wikipedia.org/wiki/NBA_Salary_Cap its all there

[Guest nutz2u]

Article 50.7: The difference between the stated Player Salary and Bonuses in the first two League Years of an SPC cannot exceed the amount of the lower of the two League Years. Thereafter, in all subsequent League Years of the SPC, (i) any increase in Player Salary and Bonuses from one League Year to another may not exceed the amount of the lower of the first two League Years of the SPC (or, if such amounts are the same, that same amount); and (ii) any decrease in Player Salary and Bonuses from one League Year to another may not exceed 50 percent of the Player Salary and Bonuses of the lower of the first two League Years of the SPC (or, if such amounts are the same, 50 percent of the same amount).

Example 1: An SPC provides for $2M in Year 1. The player can earn up to $4M in Year 2 and up to $6M in Year 3, but not less than $1M in Year 2 and not less than $500K in Year 3.

Example 2: An SPC provides for $1M in Year 1 and $2M in Year 2. The lower of these two amounts is $1M, so Year 3 cannot provide for more than $3M or less than $1.5M.

Example 3: An SPC provides for $1M in Year 1 and $1M in Year 2. The lower of these two amounts is $1M, so Year 3 cannot provide for more than $2M or less than $500K.

Example 4: An SPC provides for $750K in Year 1 and $1.1M in Year 2. The lower of these two amounts is $750K, so Year 3 cannot provide for more than $1.85M or less than $725K.

Example 5: An SPC provides for $2.5M in Year 1 and $1.5M in Year 2. The lower of these two amounts is $1.5M, so Year 3 cannot provide for more than $3M, nor less than $750K.

NOTE: this does not mean "change in salary is limited to 50% of the prior year's salary" - it's 50 percent of the lower of the first 2 years of an SPC. This means that a team cannot sign a player to a contract averaging $4 million per year by making the 1st year $16 million, and the other 4 years $1 million (or anything else that looks like this) - because it's a violation of the 100 Percent Rule. It does mean that a team can sign a player to a contract averaging $4 million per year by structuring it as $8 million, $6 million, $4 million, $1 million, and $1 million.

http://www.nhlscap.com/cap_faq.htm#100pct

According to the way I read this the lowest year cannot be less than 5M beause it cannot be less than 50% of the lowest of the first 2 years which are 10M per year. HELP!

[Opie 308]

The change in value from one year to the next can not exceed 50% of the lower of the first two years' value!

[Doc Holiday 0]

I thought the cap was based on AVERAGE salaries...

[BeeRYCE 2]

i thought there was 12 men on an NBA roster? Also on Wikipedia the average salary was $5.2 million. and there are a few exceptions where the salary wouldnt even count against the cap in the NBA.

http://en.wikipedia.org/wiki/NBA_Salary_Cap its all there

Okay, 12 guys... even better.

[Booster313 138]

I thought the cap was based on AVERAGE salaries...

No the cap is based on league revenue.

[Doggy 130]

It's weird that only NHL got a salary cap, no other sport/league I know has it... wonder why? :S

I just can't imagine all rich soccerclubs have a cap at 60million$ or something ½ star player in each team?

Australian rugby, football and soccer leagues all have salary caps too. As does the NBA but it's a soft-cap I think. And doesn't the CFL have a cap too?

This is actually a pretty common thing in professional sports, Mindfly.