On Monday, 26-Jun-17, NHL teams were required to issue qualifying offers to restricted free agents. These offers allow a club to retain the right of first refusal or draft choice compensation should the player sign an offer sheet with another team. If the player does not accept the qualifying offer before 15-Jul-16, the player is eligible for salary arbitration. However, arbitration typically leads to a decision that favours one of the two stakeholders. Clearly, negotiations that resolve the conflict in a mutually beneficial manner are preferred, but without arbitration, Rock-Paper-Scissors might be the next best alternative.
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Calvin de Haan
New York Islanders
This month's player spotlight is on New York Islanders' defensemen, Calvin de Haan. After an outstanding rookie season with the Oshawa Generals, the Carp, Ontario native became the Islanders' 12th overall selection in the 2009 NHL Entry Draft. Calvin went on to play two more seasons with the Generals, which included appearances at the 2009 and 2010 World Junior Championships. Calvin has appeared in nearly 300 NHL games with the Islanders, proving to be a pivotal member of the franchise.
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Seeking a new contract this summer, Calvin is coming off a season where he set career highs in goals, assists and plus/minus. Calvin and the Islanders will continue to negotiate in order to avoid their upcoming arbitration date. Click the link below to read some of Calvin's arguments and take a look at some interesting comparables.
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Does Bitcoin Have a Defense?
July 2017
Bitcoin was the first and is currently the largest cryptocurrency. The digital currency is traded against the US dollar, yen, euro and every other currency. The value, in theory, of Bitcoin was that the scarcity allows the currency to act as a store of value and the technology behind the blockchain is revolutionary [...]
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Has the Cap Leveled the Playing Field?
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Staal Open is a Huge Success
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On 2-Jul-17, New York Post author, Larry Brooks, discussed the impact of the NHL's hard salary cap on competitiveness. Highlighting the fact that the cap is supposed to "level the playing field", Larry references GMG's popular tax calculator when discussing the challenges of teams in "high-tax states".
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Earlier this month, Eric, Marc, Jordan, Jared and the entire Staal family hosted the PGA Tour Canada in Thunder Bay. Over the last four years, the Staal family has raised over $845,000 in support of families and children battling cancer. Click the link to learn more about the tournament and their foundation.
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ARTICLE 12 (c): CONDUCT OF THE ARBITRATION HEARINGS
The Player and the Club shall each have a maximum of ninety (90) minutes to present its case. They may allocate such time between its direct case and its rebuttal case. If the party presenting second has raised new substantive issues or introduced additional comparable Players, then the party presenting first can request ten (10) minutes for additional presenting time.
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I hope you have enjoyed another edition of GMG's Monthly Chalk Talk!
Sincerely,
The Gavin Management Group Team
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