Koivu11 Posted August 29, 2005 Share Posted August 29, 2005 If somebody can just fill me in, im not aware if there were any posts put up about Jagr being paid 8.36 million for this season?? I thought the max was 7.9!! I got this from www.thefourthperiod.com/NewYorkRangers.html can someone tell me whats goin on! :hlogo::can::ghg::can::hlogo: [Edited on 2005/8/29 by Koivu11] Quote Link to comment Share on other sites More sharing options...
Howie_Morenz Posted August 30, 2005 Share Posted August 30, 2005 Hey Koivu11 is right. If he was making $11million(I guessed) and took the 24% reduction that leaves better than $8 million a year. Whats up with that? Is he working part time at MSG flipping burgers and hotdogs to make up the extra cash he gets. Quote Link to comment Share on other sites More sharing options...
GOHABSGO22 Posted August 30, 2005 Share Posted August 30, 2005 The max is 7.9 if signed under the new CBA but if you were signed under the old CBA you keep the same pay minus the 24% roll back. Quote Link to comment Share on other sites More sharing options...
BTH Posted August 30, 2005 Share Posted August 30, 2005 So a guy like Yashin got who got a 10-year-8M (or was it 8yr-10M?) will be making big bucka for a while. Hmm... funny how they don't use the same rule for someone earning 450,000 in the old CBA.:nono: Quote Link to comment Share on other sites More sharing options...
Trizzak Posted August 30, 2005 Share Posted August 30, 2005 Washington is picking up half his contract, so really the Rangers are only paying a bit more than 4 mill against their salary cap. Quote Link to comment Share on other sites More sharing options...
Howie_Morenz Posted August 30, 2005 Share Posted August 30, 2005 Trizzak reminded me about that trade and the salary they are picking up. Does this go against Washingtons cap? If so another thread asked who will be the worst team and I think we know who that might be. Quote Link to comment Share on other sites More sharing options...
Peter Puck Posted August 30, 2005 Share Posted August 30, 2005 I don't really know but I think Washington would have bought out their portion of Jagr's contract. Either way they have to pay a 4 million to a player not playing for them. May as well buy him out and save the cap room. The only disadvantage to that is they have to pay the 4 million all at once, not spread out over the season. Quote Link to comment Share on other sites More sharing options...
Koivu11 Posted August 30, 2005 Author Share Posted August 30, 2005 Why are all u guys talking about Washington. Jagr didnt play for washington last year did he?? Im lost, can someone fill me in! Quote Link to comment Share on other sites More sharing options...
Peter Puck Posted August 30, 2005 Share Posted August 30, 2005 Washington signed a big contract with Jagr a few years ago. When he was traded from the Capitals to the Rangers, Washington agreed to pay half his salary for the remainder of the contract. Thus both Washington and the Rangers were on the hook to pay him a little over 4 million (each) for the coming season. Quote Link to comment Share on other sites More sharing options...
Koivu11 Posted August 30, 2005 Author Share Posted August 30, 2005 OKOK i understand now, thanks peter puck!! Really helpful man! Quote Link to comment Share on other sites More sharing options...
Howie_Morenz Posted August 31, 2005 Share Posted August 31, 2005 Too bad we couldn't get him for $4million a year. That would be a steal for a offensively gifted player like him. I wouldnt pay any more than that as his defence is ? Quote Link to comment Share on other sites More sharing options...
Koivu11 Posted August 31, 2005 Author Share Posted August 31, 2005 I wouldn't have Jagr on my team if he paid me. He's a real downer for the team. He's aleways whining about something. He costs too much and theres just no upside to him. If he misses a shif he cries, if he doesnt make 100 million dollars in a year he cries (exagerating). He just wouldn't be a great asset to any team! Quote Link to comment Share on other sites More sharing options...
hankhab Posted August 31, 2005 Share Posted August 31, 2005 To my knowledge, the Rangers have to count all of Jagrs salary against their own cap space...does anyone know if the league has ruled or been asked to rule on this one? Quote Link to comment Share on other sites More sharing options...
Howie_Morenz Posted August 31, 2005 Share Posted August 31, 2005 From: http://www.nydailynews.com/sports/story/32...5p-280821c.html Jagr is the only player in the NHL whose salary for the upcoming season - reduced by the collectively bargained 24% rollback - exceeds the $7.8 million individual player cap. But the Daily News has learned that a grandfather clause on existing contracts ensures that he'll get the entire $8.36 million he's due. And that, for the purpose of calculating their room under the $39 million team cap, the Rangers only will be charged the amount they pay him - approximately $4.4 million. The Washington Capitals agreed to pay $4 million of Jagr's annual salary as part of the January 2004 trade that sent him to New York. But that $4 million won't be charged against the Caps' cap. However, it will be included in the league-wide calculation of total player costs, which is capped at 54% of league revenues and reimbursable to owners via a periodic escrowing. Quote Link to comment Share on other sites More sharing options...
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