Jeremy Laura: Larkin injured, Augustine in, Toronto trade talk taking over ignores detail

Retention in trades is related to cap hit regardless of salary distribution. Cap hit is allocated daily based on start to end of season.

Retention in trades is related to cap hit regardless of salary distribution. Cap hit is allocated daily based on start to end of season.
- jfkst1

I’m still waiting on confirmation. I don’t think you can retain on bonuses already paid.

Retention in trades is related to cap hit regardless of salary distribution. Cap hit is allocated daily based on start to end of season.
- jfkst1

The reason this is tricky was a suggested raise in escrow when “the four” couldn’t pay the percentage due to how much they had already been paid. They weren’t allowed to refund. It also works against buyouts.

Retention in trades is related to cap hit regardless of salary distribution. Cap hit is allocated daily based on start to end of season.
- jfkst1

Some clarification but not enough. From a CBA breakdown “Salary refers to REMAINING SALARY including signing bonuses. The word “remaining” is the sticking point. If that year’s actual salary is 7.9M, and 7.2m was paid in July, you have a remaining salary of 775k.

The trade cannon exceed 50% of the salary and cap hit. That one puts another spin on it. Those old contracts that were killed off by the CBA (players making 1m for the last 4 years on a 10m AAV). Either of these statements indicate that the actuals in terms of what has been paid and what remains factor into trade retention.

The daily adjustment of AAV isn’t in question. From day 1 teams talk about estimated space at the TDL. This is a question of trying to retain 5m or even 3.75m on an AAV of 10.9 with an actual of 7.9 if 7.2 of that contract was paid out on July first. If the team can’t retain more than 50% of remaining salary unpaid, that’s a far cry from retaining half of the AAV at any point in the season

Complicated to say the least, but kudos to you, Jeremy for talking about important salary cap nuances, instead of nonsense trades.

Always makes me laugh how posters want a Connor McDavid for their scraps!

Complicated to say the least, but kudos to you, Jeremy for talking about important salary cap nuances, instead of nonsense trades.

Always makes me laugh how posters want a Connor McDavid for their scraps!
- Hokeeguy9

Yeah, EA Sports has made you believe that if the pile of manure is big enough you can get a Mercedes.

'Retention in trades is related to cap hit regardless of salary distribution. Cap hit is allocated daily based on start to end of season.'

THIS^^^^^^^^^

My reading of the CBA is that the distribution of salary vs bonuses does not impact how much cap hit ("averaged amount") can be retained.

The procedure in the CBA pretty much states that:

(1) The original team can agree to retain up to 50 percent of the averaged amount.

(2) Any remaining actual salary and bonuses to be paid must be divided according to the same percentage.

... In that order. Which is the important detail.

In other words, you are not agreeing to split the remaining salary and then recalculating the cap hit based on what each team actually pays. You are agreeing to split the cap hit and then any future paychecks are divided by the same percentage, regardless of what each team ends up paying overall.

Jeremy - you’re one of the best on this entire site. I appreciate you.

My reading of the CBA is that the distribution of salary vs bonuses does not impact how much cap hit ("averaged amount") can be retained.

The procedure in the CBA pretty much states that:

(1) The original team can agree to retain up to 50 percent of the averaged amount.

(2) Any remaining actual salary and bonuses to be paid must be divided according to the same percentage.

... In that order. Which is the important detail.

In other words, you are not agreeing to split the remaining salary and then recalculating the cap hit based on what each team actually pays. You are agreeing to split the cap hit and then any future paychecks are divided by the same percentage, regardless of what each team ends up paying overall.

- Sven22

That’s the question I posed by the language specifies equal importance on remaining salary, actual salary and AAV. The word OR is inserted saying that the retention can’t exceed 50% of the AAV OR the Salary. Salary defined as remaining (not total) money left on the contract. That’s where I’ll give some push until the cap guy I touched base with gets me the explanation.

Jeremy - you’re one of the best on this entire site. I appreciate you.
- Chief4Feathers

That means more than you can know. Thank you for that. This group has insanely smart people pop in and I’ve learned a lot. I feel blessed

This sucks, but I’m going to link this article. The Griffins just closed out the series in Rockford. I don’t like posting so close together and will try to track comments. If you want, copy and paste from here and pop it in the other section. I want to try and make sure we get this right and if I’m wrong, I will own it. The sticky wicket of cash heavy deals (bonuses) affects every aspect of the contract. Toronto is one of the only clubs with the chutzpah to put it up and use their resources to that advantage. I respect the competitiveness for sure

Simple framework. Stop thinking about salary and instead cap. Marner can be traded and the Leafs eat 50% of the cap hit. Whether he has bonuses or salary doesn't impact the cap. The Leafs eat 50% of whatever paychecks he is still due. So the fact that he already cashed a big bonus and is owed little in salary makes his trade value higher to a cash-strapped owner.