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Jaromir Jagr's Incentive for Incentives


habscout

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Jaromir Jagr is among the league leaders in scoring, currently 2nd with 44 points. If he manages to win the scoring title, he will trigger a clause in his contract with the New York Rangers that will add another year to his current contract, at $8.6M for the 2007/08 season. If he wins the Art Ross, Conn Symthe or Hart trophies this season, then that clause will also go into affect. However, if he combines to score 80 or more goals, or 180 or more points over the current season and next combined, and the Rangers win 2 playoff rounds over that span, then another 1 year extension will go into affect on his contract for the 2008/09 season. Also, if Yagr scored 40 or more goals, and 90 or more points in the 2007/08 season, along with the Rangers winning at least one round in the playoffs, then his 1 year contract extension for the 2008/09 season goes into affect. He also has an "escape" clause, that if none of these extension clauses are trigger, he is able to earn $1M as a parting gift. It's unclear if the Washington Capitals will be on the hook for their part of these extensions.

Source: http://podcast.tsn.ca/dreger/insider-112406.mp3

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As a follow up, the NY Rangers have announced that if the team makes the playoffs this season, they will increase the costs of their tickets for the 2007-08 season. Coincidence, I think not! ;-)

http://www.nypost.com/seven/12152006/sport...arry_brooks.htm

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I read this earlier and he will forsure achieve some of those goals. I hope the Caps are not on the hook for any part of the extensions, it really would not be fair.

i don't know... they are the ones that made the contract...

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I believe Washington will be on the hook for their part of the contract. This website seems to indicate it, but it was posted before the new CBA went into affect. I've sent Larry Brooks from the NY Post an email asking if he knows the answer.

http://proicehockey.about.com/cs/nhlnotebo.../jagr_trade.htm

i don't know... they are the ones that made the contract...
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