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Cap space - Am I missing something?


Guest brelic

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http://www.tsn.ca/nhl/story/?id=377385

Schenn is in the second year of his contract. These bonus structures are really wacky and I'm not sure how many players, ever, have met them.

10/4/2011

Sources say Philadelphia Flyers forward Brayden Schenn has been informed he will be temporarily assigned to the AHL and the motivation behind this move is 100% cap specific.

Schenn's contract, negotiated by the Los Angeles Kings will pay him $900,000 this year, plus $850,000 in entry level 'A' bonuses for a total of $1.75 million, however Schenn has substantial 'B' bonuses included in his deal that would be very cap unfriendly to the Flyers.

The 'B' bonuses in the first two years of his contract pay Schenn $1.265 million and $1.405 million if he plays 25 minutes in each of the 82 regular season games.

These are unlikely, if not impossible bonuses to achieve, although Philadelphia isn't willing to take the chance and face the possibility of having to absorb a cap hit of just over $3 million, so to cut the cap hit to a reasonable $1.75 million for this season, Schenn will be assigned to the Philadelphia Phantoms for at least one game, therefore nullifying the 'B' bonus clause this season.

In the third year of Schenn's contract, he doesn't have to play the 25 minutes in all regular season games to earn a handsome $1.5 million dollar bonus, but to qualify he would have to have an All-Star season, finish among the league's point leaders and win a major award.

I'm going to go ahead and say I have no clue aboot how the A/B thing works oot in the CBA-terms.

@?

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