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Section 3: Salary Cap, Contracts, and Arbitration Cases
Topic Started: Mar 23 2011, 03:44 PM (156 Views)
Islanders GM
Commissioner
Section III: The Salary Cap, Contracts, and Arbitration Cases
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Each team has the same Hard Salary Cap, which is currently set at $80,000,000.
(The Salary Cap can be revised)

Each player will have a monetary salary posted next to their name, along with a year that their contract ends. The monetary salary is the average annual value that the player will be paid every year until the contract ends. Our contracts DO NOT change in money value until they expire. I am going to go by the second part of the year when placing on the contracts.

* Example with player Alex Burrows. If Burrows was signed for 2 years
at $4,000,000 making $2.5 mil the first season and $1.5 mil the second season, then you would average his contract out to $2 mil. annually making his contract look like this on your page.

Alex Burrows $5.0M (2013) This is if 2 year contract was for '11/12, '12/13 seasons

Players on the IR do not count towards the cap

Rookie Rule
For all rookies or players called up from the minors, they will be signed at a contract of $400,000 for 3 years with a 4th year team option for $3,000,000. The players 3 years of the contract do not begin until 9 games played in the NHL plateau is reached by the player.

*Example with player Taylor Hall. Hall crossed the 10 GPs plateau in the NHL last season so last year would be considered his rookie season. This means that his first year was 2010/11 so his contract would be for $400,000 for 11',12',13' with a 14' team option at $3,000,000. It would look like this:

Taylor Hall $0.4M (2013-14T)


Also, a contract year ends with that seasons Stanley Cup Finals. So if you have a player signed through 2012 and our leagues 2012 stanleuy cup has already ended then he is no longer signed to that contract and therefore cannot be involved in any trades.
Edited by Islanders GM, Nov 1 2011, 01:22 AM.
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