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Hockey Widow wrote:If Kipper retires is there a recapture penalty in play for the Flames? If he just says he is not coming back and does not file his retirement papers and there is no cap recapture penalty then we have our answer don't we?
Kipper's contract is not affected by the Recapture Rule as it is only a 6-year contract
Hockey Widow wrote:If Kipper retires is there a recapture penalty in play for the Flames? If he just says he is not coming back and does not file his retirement papers and there is no cap recapture penalty then we have our answer don't we?
Kipper's contract is not affected by the Recapture Rule as it is only a 6-year contract
Hockey Widow wrote:
If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.
Don't think that's correct in the case of contracts that are greater than 7 years.
Otherwise Luongo would tell any team that acquires him he won't report for the final 2/3 years of his deal and voila no cap hit - which would obviously render this cap recapture rule meaningless.
Strangelove will go postal if he reads this
HW is right in that Luongo's cap-hit would be gone if he were suspended
If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash
Doesn't make sense. The player would agree with the team to fail to report during the low $$ years of the contract and be suspended with no cap consequences??
Failing to report = defecting from the contract = recapture penalty
Strangelove wrote:
HW is right in that Luongo's cap-hit would be gone if he were suspended
If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash
Strangelove wrote:
HW is right in that Luongo's cap-hit would be gone if he were suspended
If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash
She never said the bolded part...
Yeah - re-read HW's original post ....so it would seem there would at least be the recapture hit if you fail to report
Hockey Widow wrote:
If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.
Hockey Widow wrote:
If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.
WTF Vader??
Then HW said
His full cap hit does not apply if he signed the contract before age 35, it is the new cap recapture clause that applies and it is split between any team having the advantage of the lower cap in some strange pro rated way. In fact it could be worse for us.
I failed to digest that part of HW's post when I first read it so I think to summarize:
1. If you retire - recapture penaly kicks in
2. If you fail to report and are suspended - recapture penalty kicks in
Either way there is some kind of cap penalty for not playing out the contract, barring injury
Vader wrote:
I failed to digest that part of HW's post when I first read it so I think to summarize:
1. If you retire - recapture penalty kicks in
2. If you fail to report and are suspended - recapture penalty kicks in