Signing bonuses. The Leafs have them. Free agents want them. It’s a beautiful situation to be in for the Leafs, minus the fact that the Leafs have about $8M to spend on 5 positions at the moment. That is decidedly less ideal, but of course there is the 10% offseason salary cap inflator for Toronto to take advantage of at the moment.
The fact that signing bonuses are an advantage for the Leafs is nothing new. In a regular season this is a huge advantage for Toronto in free agency, but this year it could allow Toronto to pay a fraction of the price that other teams are paying, at least on short term deals to bring players in for guaranteed money.
From Elliotte Friedman’s 31 Thoughts:
WILL THE PLAYERS BE PAID FOR 82 GAMES REGARDLESS?
This is going to be a big one. Honestly, I missed how big an issue this could be.
The NHL and NHLPA put their abrasive history behind them to reach a long-term CBA extension before the return to play. In it, the players accepted a 10 per cent deferral and a 20 per cent escrow deduction, which means they are entitled to 72 per cent of their gross salaries …
Author: Jon Steitzer / The Leafs Nation