SalarySwishSalarySwish

VGK keeps teaching cap manipulation

Team: 2019-20 Vegas Golden Knights
Initial Creation Date: Feb. 24, 2020
Published: Feb. 24, 2020
Salary Cap Mode: Basic
Legend
Left Handed
Original Team
Waivers Exempt
Right Handed
Position
Trade Clause
Max Perf. Bonus
Expiry Status
Term Remaining
Logo of the Edmonton Oilers
Waivers ExemptMcDavid, Connor
$12,500,000 (Performance Bonus$250,000)
C
NMC
UFA - 5
Description
From the Nic Roy AHL shuttle bus to now getting 2 teams to eat 90 percent salary.

I had been told previously 50 percent per player was max, not per team. Looks like that isn’t true.
Retained Salary Transactions
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2020
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Logo of the NJD
Logo of the VGK
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2021
Logo of the VGK
Logo of the VGK
Logo of the NJD
Logo of the WPG
Logo of the CAR
Logo of the VGK
Logo of the VGK
2022
Logo of the VGK
Logo of the VGK
Logo of the VGK
Logo of the VGK
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Logo of the BUF
Logo of the VGK
Logo of the VGK
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
22$81,500,000$74,420,000$0$1,720,000$7,080,000
Left WingCentreRight Wing
Logo of the Vegas Golden Knights
$7,000,000$7,000,000
LW
M-NTC
UFA - 4
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$5,900,000$5,900,000
C
UFA - 8
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$9,500,000$9,500,000
RW
NMC
UFA - 8
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$5,000,000$5,000,000
RW, LW
M-NTC
UFA - 5
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$6,500,000$6,500,000
C, LW
M-NTC
UFA - 2
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$5,000,000$5,000,000
LW, RW
M-NTC
UFA - 3
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$725,000$725,000
LW
UFA - 1
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$1,050,000$1,050,000
C, LW
UFA - 1
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$1,000,000$1,000,000
LW, C
UFA - 1
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$1,000,000$1,000,000
LW, C
UFA - 1
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$720,000$720,000 (Performance Bonus$70,000$70K)
C, RW
UFA - 1
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$2,775,000$2,775,000
RW
UFA - 1
Left DefenseRight DefenseGoaltender
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$2,500,000$2,500,000
LD
UFA - 3
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$5,950,000$5,950,000
LD/RD
M-NTC
UFA - 6
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$3,500,000$3,500,000
G
M-NTC
UFA - 3
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$5,200,000$5,200,000
LD/RD
UFA - 6
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$2,200,000$2,200,000
LD
UFA - 1
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$1,400,000$1,400,000
G
UFA - 1
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$4,000,000$4,000,000
LD
UFA - 2
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$925,000$925,000 (Performance Bonus$850,000$850K)
RD
UFA - 1
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
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$700,000$700,000 (Performance Bonus$800,000$800K)
RD
UFA - 1
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$4,750,000$4,750,000
RW, LW
UFA - 7
Logo of the Vegas Golden Knights
$1,375,000$1,375,000
LD
UFA - 1

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Top Comments

Feb. 24, 2020 at 6:54 p.m.
#1
Avatar of the user
Joined: Jul. 2019
Posts: 14,042
Likes: 5,158
The rules say they can only retained 50% so I dont know why this was allowed
Feb. 24, 2020 at 6:57 p.m.
#2
Avatar of the user
Joined: Jul. 2019
Posts: 501
Likes: 241
Quoting: GMs
The rules say they can only retained 50% so I dont know why this was allowed


That’s what I thought too. Maybe it’s an LTIR thing?
GMs liked this.
Feb. 24, 2020 at 7:00 p.m.
#3
Ban Price trades
Avatar of the user
Joined: Oct. 2017
Posts: 6,482
Likes: 6,455
Quoting: GMs
The rules say they can only retained 50% so I dont know why this was allowed


Quoting: Vegasloveforthebills
That’s what I thought too


Each team involved can only retain a maximum of 50% salary, and a player may only have salary retained twice. We also saw this when Edmonton traded Dubnyk to Nashvile, who then flipped him to Montreal.

Realistically, the maximum a player can have their salary retained by is thus 75%. The trick is paying a team to take on salary for free.
GMs and Vegasloveforthebills liked this.
Feb. 24, 2020 at 7:02 p.m.
#4
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Joined: May 2016
Posts: 14,550
Likes: 6,145
We learned last year that you could retain more than 50% salary on a player when Hagelin was traded from Pittsburgh to LA to Washington. Washington's acquired portion of the contract was less than 50%.

The CBA says that no more than 3 teams can own part of any contract, and no more than 50% can be retained in any single trade. So effectively, max retention is 75% if both trades retain the maximum amount.

Vegas currently is responsible for 28% (3% more than the minimum) of Lehner's AAV. They're only on the hook for an even smaller percentage of that in cash since the contract is pro-rated.
Feb. 24, 2020 at 7:06 p.m.
#5
Banned
Avatar of the user
Joined: Mar. 2018
Posts: 6,784
Likes: 1,915
It's not really Vegas that was responsible for this one. It was the Leafs. Brandon Pridham and Laurence Gillman (their 2 assistant GM's) helped write the CBA so they know all the ins and outs of it. Leafs most likely did this because they have to stay as close to the upper limit of the salary cap as possible for the full benefit of all the LTIR they have. When in reality it's only $1.1M in cap space and $190K in actual money for them. Not sure why they didn't get something more than a 5th round pick for that though
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