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Erat's contract rejected ny NHL

Discussion in 'Carolina Hurricanes' started by Playa, May 14, 2008.

  1. Playa

    Playa The coach is a near

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    Anyone know what the problem was?

    Martin Erat's new seven-year, $31.5 contract with the Nashville Predators has been rejected by the NHL.

    Erat's contract was rejected because it did not conform to the Collective Barganing Agreement.

    Erat, 26, scored a career high 26 goals this past season and tied a personal best with 57 points. The Predators selected Erat
    with the 191st overall pick in the 1999 Entry Draft.

    The 6-foot-0, 195-pound left winger is currently representing the Czech Republic at the IIHF World Championships in Halifax and Quebec City.
     
  2. Wonder Woman

    Wonder Woman Full Access Member

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    violates a clause in the collective bargaining agreement that regulates year-to-year fluctuations in salary."
     
  3. Wonder Woman

    Wonder Woman Full Access Member

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    Looks like it's fixed.

    The league rejected it because it didn't conform to what is commonly called "the 100 percent rule." Deutsch explained it like this: When the lower sum of the player's first two contract years is divided by two, the resulting total (in Erat's case it was $1.75 million) cannot be less than the difference in any two years in the contract.
    The difference between years 5 and 6 of Erat's contract had been $2 million. To fix the problem, the two sides took $250,000 out of Erat's year 7 salary and moved it to year 6.
     

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