Gary Bettman and the NHL deliver $871,000 penalty to the Detroit Red Wings organization
The Detroit Red Wings and general manager Steve Yzerman are now facing a salary cap penalty due to moves made prior in the 2024-25 season, and it's a hefty one.
As the regular season began to wrap up, so do salary cap calculations, in which 11 teams have violated due to players on entry-level contracts or those who receive performance bonuses.
In the Red Wings' case, it's forward Patrick Kane and Yzerman's decision to give him an odd-performance based contract which included the following details:
Kane's contract breakdown included $1.5 million just for appearing in 10 games, $250,000 for 60 games, $500,000 if the Wings make the playoffs, and $250,000 for posting 60 points and making the playoffs.
Quite interesting to say the least, but now the Red Wings are in debt $871,000, adding an obstacle to their off-season plans.
Detroit ended the year with a comfortable $2.02MM in cap space but had $2.888MM in performance bonuses to dole out, so they'll get hit with a six-figure penalty next year. Patrick Kane hit $1.75MM in games played bonuses this year as part of his 35+ contract, while Simon Edvinsson and Marco Kasper each hit multiple Schedule A bonus categories for $638K and $500K in respective bonuses. They also have a $1.056MM cap charge next season for the final year of Justin Abdelkader's buyout, bringing their total dead cap next season to $1.927MM. PHR wrote.
Other teams holding these same penalties are the Carolina Hurrianes ($33K - $1.076MM), Dallas Stars ($368K), Edmonton Oilers ($150K - $250K), Los Angeles Kings ($213K), Minnesota Wild ($1.1MM - $1.15MM), Montreal Canadiens ($1.728MM - $2.308MM), New Jersey Devils ($1MM), New York Islanders ($600K - $850K), St. Louis Blues ($2.153MM) and the Toronto Maple Leafs ($626K).
| POLL | ||
AVRIL 22 | 172 ANSWERS Gary Bettman and the NHL deliver $871,000 penalty to the Detroit Red Wings organization Do you think general manager Steve Yzerman should be given one more year to get the Detroit Red Wings to the playoffs? | ||
| Yes | 127 | 73.8 % |
| No, be patient | 45 | 26.2 % |
| List of polls | ||
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