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Habs Salary Cap Info and FAQ's


dlbalr

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Montreal's 2022-23 Free Agents:

 

Restricted (Class II): None remaining.

Unrestricted (Class III): Madison Bowey, Paul Byron
Unrestricted (Class VI):  None remaining.

Unrestricted (Class UFA): Joel Teasdale

 

Players will be removed from the list as they sign.

Relevant Links:
HW Contract Page
Waiver Situation

- Anyone making $375,000 + the minimum salary ($775,000 for 2022-23) will count in part against the cap upon a reduction to the minors. For example, a player making $1.2 million would count as $50,000 on the cap (1.2 M - [375k + 775k]).

Known no-trade clauses:

- Josh Anderson (6-team NTC)

- Christian Dvorak (8-team NTC)

- Brendan Gallagher (6-team NTC, NMC)

- Michael Matheson (8-team NTC)
- Carey Price (NMC)

 

If you have any questions, either PM me or reply to this thread. (As this is a thread for everyone, if there's something you'd like covered, please let me know.) More information will be added throughout the season and as it becomes available. The thread will be cleaned out periodically to try to keep all relevant information within 1 page.

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  • 1 year later...

50-Contract Situation for 2023-24:

Scorecard
Total committed contracts:  48
- Potential junior-bound slide rule players: 3
+ Restricted free agents: 0
= Revised total (max 50): 45

 

Legend: Black - under contract, Red - UFA, Blue - RFA, Purple - Needs to be signed for next season or rights lost. SR - Slide Rule, NQC - Non-Qualification Candidate

* - excluding players already signed overseas

Forwards:

Josh Anderson
Lias Andersson

Joel Armia

Owen Beck (SR)

Cole Caufield

Filip Cederqvist

Lucas Condotta
Kirby Dach

Christian Dvorak

Jake Evans

Sean Farrell

Brendan Gallagher

Brandon Gignac

Rafael Harvey-Pinard

Emil Heineman

Riley Kidney

Nathan Legare

Philippe Maillet

Filip Mesar (SR)^

Alex Newhook

Tanner Pearson

Jacob Perreault

Michael Pezzetta

Joshua Roy

Xavier Simoneau

Juraj Slafkovsky

Mitchell Stephens

Nick Suzuki

Colin White

Jesse Ylonen

 

^-Mesar's contract will slide if he plays in less than nine NHL games.  However, for his deal to not count against the limit of 50, he also has to be assigned to major junior or an international league.  If he plays in Laval, it will count against the 50.

 

Defence:
Justin Barron

Kaiden Guhle

Jordan Harris

Brady Keeper

Johnathan Kovacevic

Michael Matheson

Logan Mailloux

Mattias Norlinder

David Reinbacher (SR)

David Savard

Jayden Struble

William Trudeau

Arber Xhekaj

Chris Wideman

 

Goalies:

Jakub Dobes

Samuel Montembeault

Carey Price

Cayden Primeau

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  • 1 year later...

What is UFA-VI?

Group 6 free agency is for players who are 25 or older, have played at least 3 pro seasons, aren't on their entry-level deal anymore, and have played less than 80 NHL games (28 GP) for goalies. Andre Benoit and Shawn Belle both qualified for this last season, Cedrick Desjardins (dealt by the Habs before the preseason) will as well.

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  • 5 months later...
  • 9 months later...
  • 3 weeks later...

All must see a ton of 2012 draft picks being signed lately.

Why are they being signed now, when i assume most dont need to before June 1st, 2014.

Are there advantages to say, signing Galchenyuk today, vs next March when finishing up junior year?

Habs normally wait to sign draft picks, is that a club policy or something?

Generally speaking, this has become more commonplace in recent years. There's a cap advantage (albeit a minor one) to signing a prospect and then having them play in junior, referred to as a contract slide as I'm sure you've seen me mention before. Basically, the value of the signing bonus comes off the players' cap for each year they're signed, under 20, and not in the NHL.

Case in point is Brendan Gallagher. He had a cap hit of $900,000 with a max signing bonus ($90,000). Although he signed during the year, it was before the March 1st cutoff (I think that's the date) so he qualified for a slide. As a result, his cap hit is now $870,000 (the difference being the $90,000 bonus divided by the 3 years on the contract); his 'salary' (including bonuses) is 900/900/810.

Also, and this is speculation on my end, agents may be pushing the players to sign especially with talks of extended and only partially guaranteed ELC's (the 5 year proposal only has 2 guaranteed years plus 3 options).

This is from Habsworld website.

Care to explain the difference between "Limited, partial and modified" Brian ? (or anyone else)

Basically that's the terminology I was given when I got the info. Modified is the popular term now which suggests that it changes throughout the deal whereas limited/partial implies that that it's a fixed restriction that isn't a full one (ie: 5 teams the player can block a move to for the duration of the contract).

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  • 1 year later...

Brian I am confused. I thought ltir gave you the space to replace the guy you lost, so how is it adversely affecting our cap space?

You are correct in that it opens up a spot for a replacement by allowing the team to exceed the cap by the amount of the injured player(s). However, while the team is in LTIR, the cap space that they have saved so far is reduced at the same time (straight-line amortization); the difference is what the LTIR credit is. Here's the 2011-12 capsheet where this happened, it may be easier looking at a visual example (look at the LTIR tab if it doesn't take you there).

Any team that finishes the season while using LTIR has $0 in cap space; if you look at Capgeek, you'll note that any team currently in LTIR (all 10 of them) has a total of $0 in projected space. You cannot be under the cap and be in LTIR at the same time.

The reason I say it's ideal to avoid LTIR for as long as possible is simply to preserve as much banked cap space as possible. The Habs will need a lot of it at the end of the year to cover the bonuses while it'd also be nice to have some for any trades/recalls/other pickups. Inevitably, it may happen if someone else goes down; if so, the goal then will be to get back out of it as soon as possible.

I don't remember if you actually wrote one, but an article on the main Website about the Salary Cap / CBA would be GOLD !

I did a CBA one shortly after the lockout ended. http://www.habsworld.net/article.php?id=2968

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Just one question about LTIR: if it turns out Briere is gone long term (let's say done until spring for whatever reason), would the Habs then put him on LTIR? I always thought that LTIR freed up the capspace of the injured player, but you said if you use it then you have $0 in capspace (but maybe that's just for the very end of the year).

They could (it'd depend on who else is on at that time and how much they plan to go over the cap - if it's just to call up Dumont or something like that, they may not need to). In its most simplistic terms, LTIR does free up the cap space of the injured player. In reality, it only frees up the cap space of the injured player less any cap savings to that point (that's why the 'banked total' gets amortized). Worth noting is that the injured player - in this case, Briere - will still count in full against the cap, it's just that the Habs would be allowed to spend over the cap during his absence.

A team that ends the year on LTIR will have $0 in cap space. A team that uses it but doesn't finish with it (the player comes back before the end of the year), cap space can start accruing again (since the team has to be under the cap before activating a player off LTIR).

For those who want to subject themselves to reading about LTIR, here's a place to start: http://www.capgeek.com/faq/how-does-long-term-injured-reserve-LTIR-work

Here's a question Brian, Markov is 34 now but on dec 20 he will be 35, so if we sign him or extend him prior to Dec 20 how does the over 35 rule apply?

It applies no matter what with Markov. The calculation is on June 30th of the season that the contract begins. In Markov's case, that will be June 30, 2014.

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  • 2 months later...

One thing I've been trying to figure out is the rules pertaining to AHL demotions prior to the Olympic break. A way to try to save some cap space (and get Bournival some playing time) would be to send him down during the break. From what I've gathered, that is not going to be possible...sort of. Here's a summary of the demotion rules that will soon come into play:

- Anyone that needs waivers would still need waivers to go down during the break (let's get the easy one out of the way)

- Waiver exempt players (Bournival and Gallagher) who have been on an NHL roster for 87 days or more prior to January 24th are entitled to an Olympic break if they are assigned any time after the 24th (5 PM EST) through to February 9th at 5 PM (one day after the Habs' final game). In other words, they are not eligible to play. However, they would collect their AHL pay instead of their NHL pay during this time. If they aren't assigned by the 9th at 5, they cannot be sent down for the duration of the break.

- If a waiver exempt player (let's just use Bournival since this wouldn't happen with Gallagher) with 87 NHL days gets sent down prior to the 24th at 5 PM EST, he is eligible to play in Hamilton...unless (yay, exceptions to the rule...) Bournival is to play 16 of the Habs' final 20 games before the break. We're 8 games into that stretch, he has played 7 of those.

- If Bournival gets sent down after 5 PM on the 24th and before the Habs' last game before the break , he is eligible to play for Hamilton in the time period between the date of demotion and the beginning of the break.

- If anyone with less than 87 NHL days gets recalled before Jan. 24th (Beaulieu), they can be sent down and be eligible to play during the Games as long as they're demoted before February 9th at 5 PM EST.

Long story short...

Bournival can be assigned to Hamilton during the Olympic break to save cap space up until February 9th at 5 PM EST. However, he will not be eligible to play for the Bulldogs during the Olympics unless sent before January 24th. The financial savings on the cap if they send him down for the break would be a bit over $57,000.

Original source: http://www.syracuse.com/crunch/index.ssf/2014/01/syracuse_crunch_and_other_ahl_teams_governed_by_specific_nhl_transaction_rules_d.html

Speaking of waivers, here is a chart for waiver eligibility. One small error is that the threshold for asterisked players is 10 games, not 11. Everything else looks good though.

Waivers.JPG

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  • 1 month later...

What happens after the deadline in terms of the call ups on the expanded roster? How much does the expanded roster effect the cap, or does it?

After the deadline, there is no limit to a roster size, teams don't have to send players down when activating someone from IR. Instead of there being 23 on the active roster, there will probably be a couple more. That said, there is a limit of four non-emergency recalls that a team can use between the trade deadline and the completion of their farm teams' season. (So in Hamilton's case, the end of the regular season as I think playoffs are approaching pipe dream status despite them winning lately.)

As for the cap effects, the Habs have to stay under the cap at all times, that doesn't change from now. Post-deadline callups do count against the cap though (unless it's a postseason recall).

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  • 11 months later...

"While that seems all well and good, it doesn't take into account potential performance bonuses."

I don't understand this. I am under the impression performance bonuses for this year actually don't count against this year's cap - they count against NEXT year's cap. (This is why Boston was hamstrung THIS season by Iginla's excellent contract LAST season.)

Bonuses are supposed to count against the cap in the year in which they are hit. However, teams can exceed the salary cap by using the bonus cushion. This in turn allows them to count current year bonuses on next season's cap, as Boston chose to do with Iginla by structuring his contract so that it was largely bonus-based. That's more of an exception rather than the norm.

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Are there bonuses (boni?) associated with winning the Vezina and the Hart?

Yes, but they are league-wide bonuses, not contract-specific. As a result, they don't count against the cap like a typical performance bonus does.

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  • 1 year later...

About pks hospital donation. Couldnt he have convinced Molson to make that donation in Subbans name and saved the team capspace?

No. Anything like that would be construed as cap circumvention.

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  • 2 months later...
  • 2 weeks later...
3 hours ago, John B said:

Last year the Penguins claimed Mike Condon on waivers from the Habs and then traded him to Ottawa when his services were no longer needed.  I was under the impression that you couldn't trade a player acquired on waivers unless he were to successfully pass through waivers again.  I don't remember the Penguins placing Condon on waivers prior to dealing him (I'm thinking if they would have, Ottawa would have just claimed him instead of giving up a pick).  I only ask because the Habs are in a similar situation with Niemi.  Could they deal Niemi if they wanted to (if someone would want him)?

 

Condon didn't go through waivers a second time because no one else had claimed him when Montreal waived him (Pittsburgh was at the back of the waiver priority list) so he was free to be dealt.  If anyone else claimed Niemi, the Habs would have to waive him and have him go unclaimed in order to deal him.  If not, then they should be able to trade him.  That said, does he really have much, if any, trade value?

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10 minutes ago, John B said:

Question :  If the Penguins trade Kessel does Toronto still retain salary?  I was discussing this with a guy at work and we both wondered how this works.  I thought that Toronto still had to pay part of his salary, but my co-worker was thinking that Pittsburgh would be on the hook for it because the deal was between the Pens and the Leafs and not another team.  Thanks in advance.

 

Yes.  Toronto is on the hook for their retained salary if Kessel is dealt again.  A contract can be retained on twice, actually - that happened with the Habs getting Devan Dubnyk a few years ago (Edmonton retained 50% to Nashville, Nashville then retained 50% of the remainder of the contract to the Habs).

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  • 2 weeks later...

A little something to note from the Lindgren emergency recall from Saturday.  They were able to bring him up under this provision:

 

DplG9jTX4AoZlge.jpg

 

This can only be used twice during the season and for no more than 48 hours on each occasion. 

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  • 1 month later...

A random Sunday night note - Victor Mete reached $150,000 of his games played bonuses this season.  Unless there's a GP bonus in Jesperi Kotkaniemi's deal that I don't know about (I don't have the details on all of his bonus structure but the Class B bonuses are usually for higher-end production), I don't think he hit any as he came up short on all of his Class A bonuses though he could still get $212,500 for a spot on the All-Rookie team.

 

Mete's Bonus Breakdown    
 
20 NHL games $25,000      
 
30 NHL games $25,000      
 
40 NHL games $25,000      
 
50 NHL games $25,000      
 
60 NHL games $25,000      
 
70 NHL games $25,000      
 
80 NHL games $32,500
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Some cool information I thought I could share.


Players and their respective agent.
 

  • Jonathan Drouin 5,5 M$ 2023 (UFA) Allan Walsh
  • Tomas Tatar 4,8 M$ 2021 (UFA) Ritchie Winter
  • Andrew Shaw 3,9 M$ 2022 (UFA) Pat Brisson
  • Brendan Gallagher 3,75 M$ 2021 (UFA) Gerry Johansson
  • Paul Byron 3,4 M$ 2023 (UFA) J.P. Barry
  • Max Domi 3,15 M$ 2020 (RFA) Pat Brisson
  • Phillip Danault 3,083 M$ 2021 (UFA) Craig Oster
  • Dale Weise 2,35 M$ 2020 (UFA) Allain Roy
  • Matthew Peca 1,3 M$ 2020 (UFA) Jay Grossman
  • Nicolas Deslauriers 950 000 $ 2020 (UFA) Philippe Lecavalier
  • Jesperi Kotkaniemi 925 000 $ 2021 (RFA) Markus Lehto
  • Ryan Poehling 925 000 $ 2021 (RFA) Dean Grillo
  • Jake Evans 925 000 $ 2020 (RFA) Brian MacDonald
  • Nick Suzuki 894 166 $ 2022 (RFA) Dave Gagner
  • Lukas Vejdemo 792 500 $ 2020 (RFA) Kurt Overhardt
  • Alexandre Alain 753 333 $ 2021 (RFA) Olivier Fortier
  • Hayden Verbeek 753 333 $ 2021 (RFA) Jeff Jackson
  • Joël Teasdale 753 333 $ 2022 (RFA) Don Meehan
  • Michael Pezzetta 743 333 $ 2021 (RFA) Paul Capizzano
  • Antoine Waked 726 667 $ 2020 (RFA) Chad Levitt

  • Shea Weber 7,857 M$ 2026 (UFA) Jarret Bousquet
  • Jeff Petry 5,5 M$ 2021 (UFA) Wade Arnott
  • Karl Alzner 4,625 M$ 2022 (UFA) J.P. Barry
  • David Sklenicka 925 000 $ 2020 (RFA) Allan Walsh
  • Noah Juulsen 863 333 $ 2020 (RFA) Jason Taylor
  • Josh Brook 809 166 $ 2022 (RFA) ?
  • Cale Fleury 771 666 $ 2021 (RFA) ?
  • Victor Mete 748 333 $ 2020 (RFA) Darren Ferris

  • Carey Price 10,5 M$ 2026 (UFA) Gerry Johansson
  • Cayden Primeau 880 833 $ 2022 (RFA) ?
  • Charlie Lindgren 750 000 $ 2021 (UFA) Ben Hankinson
  • Michael McNiven 682 222 $ 2020 (RFA) Stephan Seeger

UFA / RFA

  • Jordie Benn 1,1 M$ UFA Richard Evans
  • Christian Folin 650 000 $ UFA Daniel Plante
  • Nate Thompson 1,65 M$ UFA Matt Keator
  • Jordan Weal 1,75 M$ UFA J.P. Barry

  • Joel Armia 1,85 M$ RFA Mika Rautakallio
  • Daniel Audette 668 333 $ RFA ?
  • Charles Hudon 650 000 $ RFA Allain Roy
  • Artturi Lehkonen 839 166 $ RFA Mika Rautakallio
  • Brett Lernout 653 333 $ RFA Craig Oster
  • Brett Kulak 900 000 $ RFA Gerry Johansson
  • Michael McCarron 874 125 $ RFA Wade Arnott
  • Gustav Olofsson 725 000 $ RFA ?
  • Xavier Ouellet 700 000 $ RFA Ian Pulver
  • Mike Reilly 725 000 $ RFA Chris Lacombe
  • Hunter Shinkaruk 650 000 $ RFA Lewis Gross
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  • 3 months later...

Below is the correct recapture potential for the Habs from the Shea Weber trade:

 

image.png

 

Any amount listed in the final column (Recapture Potential) would be the annual amount charged on Montreal's cap through 2025-26 if Weber was to retire early.  For example, if Weber retires following 2021-22, the Habs would be charged $214,285.71 per year through 2025-26.

 

And Nashville's, for those interested:

 

image.png

 

2021 Update: In the new CBA, cap recapture penalties are limited to the total of the player's AAV.  So in this case, Nashville would only be charged up to $7,857,143 on the cap each year.  However, the cumulative charge would carry over until the full amount is recaptured.  For example, if he retired with one year left on his deal, Nashville would have penalties of $7,857,143 for 2024-25, 2025-26, and 2026-27 and $999,999 for 2027-28.

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  • 2 months later...
14 minutes ago, JoeLassister said:

Am I right for understanding that should Weber retire early, he’ll count for 3,3,4,4,6,8,12 and TWENTY-FIVE MILLIONS on the Pred’s cap ?!?!?!?!?!

 

Not quite.  The amount depends on which year he retires.  While it won't happen, let's say he retires after this season.  Nashville would be charged $4.095M each year through 2025-26 (Montreal would be charged just under $762K per season).  If he retires after 2022-23, it's $8.19M per year through 2025-26 (nothing for the Habs by then).  And if he retired with one year left, they'd have the $24.57M charge.

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  • 4 months later...
  • 5 weeks later...

By Dom Luszczyszyn; the Athletic

 

13. Montreal Canadiens

Last year: 14th

image.png

 

On 11/9/2020 at 9:33 AM, tomh009 said:

The Anderson contract is on the high side, but I do expect that the D grade has a lot to do with last season, which was marred by his injury (Dom doesn't publish the actual formulas for his surplus value calculations). But it's hard to see how Gallagher, as much as I love him, would be worth $6M more per year than Anderson ($17.6M + $17.7M + salary difference). Assuming that Gallagher's salary is competitive, Anderson should be playing for the league minimum, then ...

 

Let's see what he can do in his first season in Montreal, the grade should improve from that.

This is explanation, if havent read already. Like you say, wait and see on Anderson and Edmundson as well. Will adding size and grit pay off?

 

  From Dom Luszczyszyn; the Athletic

 

... " Brendan Gallagher is the team’s best player and one of the game’s most underrated wingers. He essentially got the Chris Kreider deal, but he’s a lot more effective than Kreider, creating a much higher likelihood of positive value. I’m a big fan and that extension, coupled with one more year at $3.75 million makes Gallagher’s contract situation one of the league’s best. To add to the good, the Tyler Toffoli signing was great given the unusual circumstances surrounding free agency and the Jeff Petry extension was decent.

Now for the bad. 

Josh Anderson has the potential to be a very good player if he’s closer to the guy he was in 2018-19. The trade for Max Domi was fine, but a seven-year extension at $5.5 million is a really tough look. That’s an overpay even if Anderson bounces back to that level and there’s a chance he doesn’t. He hasn’t played a game for the Habs yet, but it’s already one of the weaker contracts in the league.

The Joel Edmundson pact isn’t too far behind, though it’s much shorter. Edmundson projects to be worse now than Karl Alzner was when he signed with Montreal and while Ben Chiarot worked fine in Year 1, much of that was by way of being carried by Shea Weber. Maybe Petry helps Edmundson the same way, but that’s not worth the price tag and the team already had a capable defender in Brett Kulak playing that role. Edmundson likely isn’t an upgrade."

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  • 2 months later...
42 minutes ago, alfredoh2009 said:

 

You were bang on on this, and not Byron has cleared again.

 

Can Byron be sent up and down until he plays 10 games before requiring waivers again?

10 games or 30 days on the roster..  whichever comes first.

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  • 3 weeks later...

I had a few minutes this morning so I put together a quick piece on Montreal's bonus overage situation and how it could affect their deadline plans: https://www.habsworld.net/2021/04/montreals-bonus-situation/

 

On 4/4/2021 at 3:39 PM, alfredoh2009 said:

Can you elaborate on this:

"As a result, the Habs already appear to be heading towards a bonus overage penalty for next season which, with all of the players they need to re-sign and a flat salary cap, is hardly ideal. "

 

Does it mean that they can choose to pay a penalty next season if they are over? Or does it mean that they need to cut expenses this season no matter what?

 

It means they have to pay a bonus overage penalty if they wind up going over the cap due to the bonuses being reached.  They're allowed to go over that way (that's the bonus cushion) but if they do, their allowable spending next year is reduced by how much they go over this year.

 

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