If Doan retires during the term of the contract, his cap hit still counts against the Coyotes. Good way to help keep them above the floor.
Here's the best part of this: The Coyotes are owned and operated by the NHL. They haven't been sold yet. So, the league, which is about to lock out the players, just overpaid a guy with a contract that *could* be used to help circumvent the salary floor AND they gave him a $2M signing bonus, which is guaranteed money, lockout or not.
This league is effed. It needs to go away. I'm sick of Bettman and the two-faced owners and GMs. Time for someone to start up a rival league, do it right with reasonable contracts, reasonable ticket prices, teams in solid hockey markets only, fewer teams (20 sounds good), a shorter season...
I really believe a rival league with a commissioner owners and players can appreciate would take over the NHL for one simple reason, players are as fed up as fans and top stars would be joining in no time, leaving the NHL with expansion teams while the top teams are moving to a not so wellfare league.
Nice way to circumvent the cap floor this is so ridiculous, a team without an owner can sign such deals but oh noes the NHL is sooo poor? right god ****
Edited by frankgrimes, 15 September 2012 - 09:01 AM.