Likely Jim asked Ben if he would agree to defer a bit of money. Damn CAP ain’t moving and trying to keep a championship team is not easy. I know Anthony did it in the past to help sign Chiu. Its a special organization.
Where did you hear of players deferring salary. I never read this in the media. I only heard of the front loading that occurred before the strict SMS came into play
I agree with W. Where is the idea of salary cuts comming from?
We have no idea where the Als stand in relation to the cap nor that they are asking vets to take a cut
It has happened before; a team may ask a player to accept a lower base salary and the final amount would be paid the next year. For instance they may ask Ben Cahoon to accept a salary, let's say $160,000, of which $100,000 paid in 2010 and $60,000 in 2011.
Usually a team does that when it is almost 100% sure that the player will be in his last season; otherwise, they could exceed the cap the following year.
Winnipeg did this in 2008 with Milt Stegall and Tom Canada.
Thanks Richard are you saying when retiring the money paid does not go against the SMS? If it does you are just making more difficult the next year to recoup. Does it have to happen when the player will retire in the last year.
Could be paid as a promotional fee. Maybe the team will buy 60 pairs of insoles from Ben's company...There are many ways, maybe he get's paid as a scout....
They look into the owners business books for those. Those ways use to be the way, but now the books are audited. I am not saying it is impossible, just more difficult.
I could be wrong but as long as teams are transparent about it, things like this can be done. Exchanging some salary for a future contract with the organisation is different then slipping the guy a cheque through a sponsor or numbered company.
It is legal, and within the rules the risk is you can carry a load over many years and suffer for it, thinking cownboys of the 90's.
Richard i also assume that the contract is guaranteed, correct?