Like Wiz said, Loui doesn't get his til the 15th.Micky wrote: ↑Wed Jul 01, 2020 10:30 amAnd I think looser Louis is owed about 3 million today...Elliotte Friedman@FriedgeHNIC
Some stuff to look forward to in modified CBA: Flat salary cap (unless changed, numbers were $81.5M next two years, $82.5M in 2022-23); cap on
escrow (starting at 20 per cent next season, moving down after that); return to Olympics (pending agreement with IOC)...
10 per cent of next season’s salary deferred; language for right to opt-out of Return to Play. Also, NHL fought for changes to contract structure — limits
on signing bonuses and less salary fluctuation on a year-to-year basis. We’ll see how that looks.
It will be interesting to see what the new cap formula looks like.
The present formula is clearly flawed, made obvious by the ever climbing escrow.
We already know the cap will be flat for two years, and then rise by only $1M.
But fixing this escrow problem will be a drag on the cap for longer than that I think.
COVID did a huge number on revenues obviously, but the cap has been 10% higher than it should for a few years.