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Thread: Wiercioch's new contract???

  1. #1
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    Default Wiercioch's new contract???

    According to CapGeek and NHLnumbers, Wiercioch's 3 year contract goes as follows :

    1st year : 1.1M$

    2nd year : 2.2M$

    3rd year : 2.7M$

    I was Under the impression that, Under the new CBA :

    1- No single year of a plyer's contract may be worth less than half of the highest paying year.

    In which case, how can this contract be valid if he makes 1.1M the 1st year, which is less than half of the 3rd year???

    2- The amount a player receives in his contract cannot vary from one year to the next by more than 35% of the amount of the 1st year.

    In which case, how can this contract be valid if he goes from 1.1M in the 1st year to 2.2M in the second (thus doubling his salary...)?

    Can someone enlighten me on what I missed?
    On a fantasy hockey break.

  2. #2
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    Those variability rules only apply for front loaded contracts, otherwise they have to follow the 100 percent rule.

    From CapGeek:

    CONTRACT VARIABILITY
    Front-loaded contracts where the average of salary plus bonuses over the first half of the contract exceeds the cap hit, variability rules apply. Year-to-year variability is limited to 35 per cent of the first-year compensation. If a player earns $10M in Year 1, the contract cannot subsequently increase/decrease by more than $3.5M from year to year. Meanwhile, the lowest year’s compensation cannot be less than 50 per cent of the highest year’s compensation. If a player earns $10M in his highest year, he can never earn less than $5M any other year.
    The old 100 per cent rule applies to any other multi-year contract.

  3. #3
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    Quote Originally Posted by grindin griers View Post
    Those variability rules only apply for front loaded contracts, otherwise they have to follow the 100 percent rule.

    From CapGeek:
    Thanks Buddy!
    On a fantasy hockey break.

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    interesting... i never heard that part of it.
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    Default Re: Wiercioch's new contract???

    This post was from a year ago, and its true, you learn something new everyday!!
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