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Habs Salary Cap Info and FAQ's


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#1 dlbalr

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Posted 01 December 2008 - 08:46 PM

Montreal Free Agents:

 

Restricted (Class II): Michael Bournival, Drayson Bowman, Brian Flynn, Alex Galchenyuk, Eric Tangradi, Christian Thomas, Jarred Tinordi

 

Unrestricted (Class III): Bryan Allen, Davis Drewiske, Andreas Engqvist, Sergei Gonchar, Manny Malhotra, Mike Weaver

 

Unrestricted (Class UFA): None (yet)

 

Players will be removed from the list as they sign.

Relevant Links:
2014-15 Cap Calculations
HW Contract Page
Waiver Situation

- Anyone making $375,000 + the minimum salary ($550,000) will count in part against the cap upon a reduction to the minors.  For example, a player making $1.2 million would count as $275,000 on the cap (1.2 M - [375k + 550k]).

Known no-trade clauses:
- Alexei Emelin (15-16, limited in 16-17/17-18)

- Andrei Markov (can be dealt to 12 teams in 15-16/16-17)

- Jeff Petry (NMC for the full deal, full NTC in 15-16, 16-17, 17-18; 15-team NTC in 18-19, 19-20, 20-21)
- Tomas Plekanec (modified)

- P.K. Subban (NMC, comes into effect when he turns 27)

 

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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#2 dlbalr

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Posted 12 December 2009 - 04:27 PM

50-Contract Situation for 2015-16:

Scorecard
Total committed contracts: 42
+ Restricted Free Agents*: 3
- Potential slide rule players: 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, Crossed out name - player has signed overseas

 

* - excluding players already signed overseas

Forwards:

Sven Andrighetto

Tim Bozon

Daniel Carr

Connor Crisp

Jacob de la Rose
David Desharnais

Gabriel Dumont

Lars Eller

Brian Flynn
Stefan Fournier
Brendan Gallagher

Jeremy Gregoire

Bud Holloway
Charles Hudon

Zack Kassian

Mark MacMillan

Michael McCarron

Torrey Mitchell
Max Pacioretty
Tomas Plekanec

Nikita Scherbak

Devante Smith-Pelly

Christian Thomas

Dale Weise

Michael Bournival

Alex Galchenyuk

Drayson Bowman

Andreas Engqvist

Manny Malhotra

Eric Tangradi

 

Defence:

Mark Barberio

Nathan Beaulieu

Mac Bennett
Darren Dietz

Morgan Ellis
Alexei Emelin
Tom Gilbert

Joel Hanley

Brett Lernout

Andrei Markov
Greg Pateryn

Jeff Petry

P.K. Subban

Dalton Thrower

Magnus Nygren

Jarred Tinordi

Bryan Allen

Davis Drewiske

Sergei Gonchar

Mike Weaver

Josiah Didier

 

Goalies:
Mike Condon

Zach Fucale

Carey Price

Dustin Tokarski


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#3 dlbalr

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Posted 16 April 2011 - 12:09 PM

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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#4 saskhab

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Posted 27 September 2011 - 03:52 PM

http://www.broadstre...sion-salary-cap

Finally, a real explaination on suspended players and the salary cap.
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#5 JoeLassister

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Posted 03 July 2012 - 04:33 PM

I found this article but I really don't know where to post it. Kinda cool.

http://business.fina...ily-tax-havens/
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#6 dlbalr

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Posted 19 July 2012 - 01:56 PM

 

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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#7 dlbalr

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Posted 21 October 2013 - 02:58 PM

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...cle.php?id=2968


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#8 dlbalr

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Posted 22 October 2013 - 12:06 PM

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.c...serve-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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#9 dlbalr

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Posted 16 January 2014 - 01:56 PM

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....on_rules_d.html


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#10 dlbalr

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Posted 03 March 2014 - 04:53 PM

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 dlbalr

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Posted 24 November 2014 - 10:39 AM

Yeah really...

Cap Geek says today's cap space for Habs is $1,980,193, and at the deadline the space will be $6,831,667....

What exactly does that mean? How do they have so much more at deadline, than today?

 

The Habs so far have 'banked' about $830,000 in cap space (you won't find that on CG, that's from my cap sheet).  If they added a player making that $1.98 M today, that banked space would whittle away to $0 at the end of the season.  At the trade deadline, there are way fewer days to spend that projected banked space (which would be a bit over $1.35 M at that time^).  Adding a player making $6.8 M on deadline day would then whittle that banked space down to $0.

 

Of course, any change whatsoever to the roster will change these numbers considerably since we're only in November.  It's likely that the deadline space number will be much different come deadline day.  Also note that these numbers don't take bonuses into consideration.  The Habs - or any smart team - will want to keep some banked space to avoid being over the cap at the end of the year when bonuses get added in.  An allowance for that will take a big chunk (at least $1 M) off the deadline space.  (Not because they're budgeting $1 M or more in bonuses but because they will want to keep a few hundred thousand in banked space at the end of the year which is around 20-25% of where the banked space would be on deadline day; take that percentage off the deadline day space accordingly.)

 

^ - [$830,000 + (112 days until the deadline x $4,664 - the daily amount banked with the roster as is)]

 

Hopefully some of that made sense...

 

Edit: Check in a bit on what the new numbers are with Bowman/Beaulieu going down today, you'll see how a couple of small demotions can really affect the projections.


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#12 Jeff Price (no relation)

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Posted 23 February 2015 - 09:37 AM

"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.)


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#13 dlbalr

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Posted 23 February 2015 - 10:12 AM

"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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#14 Jeff Price (no relation)

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Posted 23 February 2015 - 02:09 PM

So wouldn't the same be true about Chucky's bonuses? Even if we add some expensive new blood at the deadline, and chucky's bonuses put us over the cap, they can be deferred to next season, yes?


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#15 dlbalr

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Posted 23 February 2015 - 02:24 PM

So wouldn't the same be true about Chucky's bonuses? Even if we add some expensive new blood at the deadline, and chucky's bonuses put us over the cap, they can be deferred to next season, yes?

 

Yep.  The first snapshot reflects their cap space if they opt to spend to the limit and defer taking the hit on those bonuses for next year.  It's still not an ideal scenario though with the prospect of no real increase in the cap next season.


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#16 habs rule

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Posted 23 February 2015 - 05:33 PM

 

Yep.  The first snapshot reflects their cap space if they opt to spend to the limit and defer taking the hit on those bonuses for next year.  It's still not an ideal scenario though with the prospect of no real increase in the cap next season.

I seem to recall that is a lot of how Boston got into the cap trouble they have.


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#17 dlbalr

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Posted 23 February 2015 - 06:23 PM

I seem to recall that is a lot of how Boston got into the cap trouble they have.

 

Yep.  Philly too has to deal with this a lot thanks to LTIR for Pronger - it forces a bonus overage every year.  That said, the degree that it would affect the Habs is nowhere as significant as it is for Boston, Philly, etc as they don't have veteran players on lofty GP bonuses.


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#18 dlbalr

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Posted 01 March 2015 - 06:43 PM

  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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#19 dlbalr

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Posted 14 May 2015 - 01:38 PM

5 Habs saw their cap hits drop as a result of the slide rule.  Here are the players that were affected: http://www.habsworld...rule-prospects/


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#20 dlbalr

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Posted 19 May 2015 - 05:49 PM

I've updated the second post of this thread with the new 50-contract limit situation.  The Habs have quite a bit of wiggle room under the limit as things stand and it's likely to increase as a few of their RFA's will likely be let go. http://forums.habswo...ndpost&p=379859


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#21 dlbalr

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Posted 30 May 2015 - 05:25 PM

Some small bonus-related tidbits - Galchenyuk's total bonuses achieved were $425,000 while Gallagher hit all $160,000 of his.  No other rookies hit any performance bonuses.  This means that the Habs' cap space at the end of the season was just under $97,000.  The cap sheet has been updated.


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#22 Stogey24

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Posted 03 June 2015 - 11:43 AM

So 7.2mill to resign Beaulieu, Galchenyuk, Tinordi, Flynn and probably Mitchell
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#23 DON

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Posted 14 June 2015 - 05:19 PM

So Habs have $5.25 in cap space and 6 players to resign (according to sportsnet)

Will trades have to happen, just to fit Galchenyuk, Tinordi, Mitchell, Flynn, Bournival & Thomas; let alone having any $ to add a Frolik-type.

Or are Habs not quite that bad off?


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#24 habs rule

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Posted 14 June 2015 - 05:38 PM

So Habs have $5.25 in cap space and 6 players to resign (according to sportsnet)

Will trades have to happen, just to fit Galchenyuk, Tinordi, Mitchell, Flynn, Bournival & Thomas; let alone having any $ to add a Frolik-type.

Or are Habs not quite that bad off?

Pretty much can't see there being enough room with all the dead weight taking up space like PAP for instance. Eller for another ain't paying his way. Emelin overpaid. Gilbert well I won't get into that cause he is cheap for a 7th defenceman.


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#25 dlbalr

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Posted 14 June 2015 - 05:52 PM

So Habs have $5.25 in cap space and 6 players to resign (according to sportsnet)

Will trades have to happen, just to fit Galchenyuk, Tinordi, Mitchell, Flynn, Bournival & Thomas; let alone having any $ to add a Frolik-type.

Or are Habs not quite that bad off?

 

There are 10 forwards under contract already (including de la Rose) and you have five on your list.  One, if not two of those won't be on the opening roster so it's not as dire as having six spots to fill for that money.  They're in okay shape.  Not good, but okay.


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