LightningInsider.com logo
Summer School: Salary Bonus Refresher Course

Summer School: Salary Bonus Refresher Course

TAMPA – With the offseason comes new NHL contracts. Offseason is also a good time to learn about, or review, something that’s a part of many contracts: salary bonuses.
What types of salary bonuses are there? How do they affect the salary cap?
The Collective Bargaining Agreement (CBA) sets the rules for salary bonuses. There are two general categories for bonuses: signing and performance.
Signing bonuses are included in the team’s salary cap and are actually part of the player’s salary. Performance bonuses, just like it sounds, are paid when a player earns it by meeting the performance standard...

========================

Thank you for your interest in our content. Please either login below or purchase a subscription to read the full article.

Share the Post: