Quoting: Jim_Benning_Almost
I get the general thought you're doing here. Arizona could bring in an absolute HAUL by basically brokering the Bobrovsky contract. Now, he is a $40M hit on the Cap for the next 4 seasons, however his $6M bonus for 22-23 was paid July 1st, which means there is $28.5M of actual money still owed over the next 4 seasons. Here's my question - does anyone know if Arizona could absorb the $5M x 4 of cap hit and only pay $8.5M of actual cash, while the Leafs absorb the other $5M of cap hit, and the full $5M of actual cash? Or would they have to split it 50/50?
I didn't think about the timing of the bonus; which makes this even better for Arizona and easier to move him to a 3rd party.
As far as the retained salary issue, this is what CapFriendly shows: "The percentage retained cannot exceed 50 percent of the player's salary (including all bonuses) and Salary Cap Hit. The same percentage must be retained for both the player’s salary and Salary Cap Hit, and cannot be modified."
So, I took that to mean that 50% retention also means 50% of the actual salary and bonuses (as in you can't have 50% of the cap hit but only 25% of the salary and 0% for bonuses; ie it must be the same % across the board). So in this case it looks like Arizona would have to pay $14,250,000 over the remaining 4 years but would get $20,000,000 towards the cap.
The have 1 out of 3 maximum retained contracts, and this would still keep the total retained below the 15% limit.
The only contractual hurdle would be Bobrovsky's no-movement clause.