United States

Caps and restrictions are not needed for every little ‘loophole’

There they go again. The owners, management people, compliant messengers in my business, there they go again throwing around the term “loophole” to define a business practice permissible under the collective bargaining agreement used by wealthy team ownership to sign a player. There they went again, whining when the Maple Leafs’ five-year, $58.17 million second contract to Auston Matthews featured $54.52 million in bonuses, or 93.725 percent of the total. And this just months after Toronto brought home 2018 free agent John Tavares with a seven-year, $77 million contract containing $70.89 million in bonuses, or 92.06 percent of the sum. In the wake of the Matthews signing, calls have been renewed for the NHL to place a cap on th ...