Post by uofmehockey on Mar 23, 2011 7:29:51 GMT -5
Section L
Salary Cap
1) Salary Cap is set to equal the NHL's: The 2017/18 Salary cap is $ 75.0 million.
Teams in violation of the cap will have until the Sunday prior to the beginning of the season to get in line. In the off-season, the cap rules do not apply, allowing a team to go above the cap.
2) Salary Floor is set to equal the NHL’s: 2015/16 Salary Floor is $ 55.4 million.
Teams will have until the Sunday prior to the beginning of the season to get in line. In the off-season, the cap rules do not apply, allowing a team to go under the salary floor.
3) It will be a players cap-number which will count against the cap, and these figures can be found at www.capfriendly.com/. Each owner is responsible for posting the cap figures on their roster page, and making sure they are in line with the salary cap restrictions.
4) Previous sub-paragraph concerned buyouts and transfer of half salary when claimed off waivers. These no longer apply to this league.
5) Teams found in violation of the salary cap rules will be given a warning on their very first offense. After that, any violation of the salary cap will result in any combination of:
a) a forfeit of draft picks
b) a forfeit of wins
This is in-line with the NHL punishments for such an offence.
6) Players on the NHL IR will not count against the cap as long as they are on the IR. Our official IR website is Fantrax.
7) The contract of players who leave for the KHL, or another league, will not count against the cap for the time they are gone. Once the player returns, his contract will go back onto his team’s cap. If the player has been released in the meantime, they will be available as a FA.
8) The contracts of players who retire will not count against the team’s cap upon their retirement.
9) All Free Agents are available to be signed on a first come-first serve basis.
Salary Cap
1) Salary Cap is set to equal the NHL's: The 2017/18 Salary cap is $ 75.0 million.
Teams in violation of the cap will have until the Sunday prior to the beginning of the season to get in line. In the off-season, the cap rules do not apply, allowing a team to go above the cap.
2) Salary Floor is set to equal the NHL’s: 2015/16 Salary Floor is $ 55.4 million.
Teams will have until the Sunday prior to the beginning of the season to get in line. In the off-season, the cap rules do not apply, allowing a team to go under the salary floor.
3) It will be a players cap-number which will count against the cap, and these figures can be found at www.capfriendly.com/. Each owner is responsible for posting the cap figures on their roster page, and making sure they are in line with the salary cap restrictions.
4) Previous sub-paragraph concerned buyouts and transfer of half salary when claimed off waivers. These no longer apply to this league.
5) Teams found in violation of the salary cap rules will be given a warning on their very first offense. After that, any violation of the salary cap will result in any combination of:
a) a forfeit of draft picks
b) a forfeit of wins
This is in-line with the NHL punishments for such an offence.
6) Players on the NHL IR will not count against the cap as long as they are on the IR. Our official IR website is Fantrax.
7) The contract of players who leave for the KHL, or another league, will not count against the cap for the time they are gone. Once the player returns, his contract will go back onto his team’s cap. If the player has been released in the meantime, they will be available as a FA.
8) The contracts of players who retire will not count against the team’s cap upon their retirement.
9) All Free Agents are available to be signed on a first come-first serve basis.