What happens if a team.........?

Question

....at the beginning of the season is still over the cap?

Answer 1

That probably won't happen because you can always buy a player out, but they will forfeit every game until they are under the cap. The only way that could happen is if a player was a complete @ss hole and wanted to see the team forfeit but I don't see why he would do that because then he is on a losing team and he isn't playing hockey so the player has no benefit because he is making less money and no matter what team he signed with they would obviously have a better record than the team he is on.

Answer 2

They get fined by the amount over the cap and a penalty amount.  That money is then split amoung the other teams equally (after the NHL brass takes their cut)

Answer 3

I am 80% sure about this.  There are NO specific penalties for being over the cap, because it is not expected to happen....BUT....

….there are rules under the CBA that could keep owners in their place. Where is Cyren or Lity when you need them?

This is the closest thing I could find out of the CBA (go get your lawyer):

Impose a fine of up to $5 million in the case of a Circumvention by a Club or Club Actor, but in no circumstances shall such fine be less than $1 million against any Club or Club Actor if such party is found to have violated Article 50 of this Agreement. If such a fine is assessed against a Club (except in the case of a financial reporting violation), that Club's Payroll Room shall also be reduced by such amount for the following League Year, and if such reduction of the Club's Payroll Room renders the Club out of compliance with the Payroll Range (i.e., the Club does not have sufficient Payroll Room to accommodate its Player commitments comprising Club Salary) for such following League Year, then the Club must take such steps as are necessary (e.g. Assignment, Buy-

Out, Waivers, etc.) and as are permitted by this Agreement to ensure that the Club will be in compliance with Article 50 of this Agreement upon commencement of the following League Year;

Direct a Club to forfeit draft picks (the number, placement, and League Year of which shall be determined in the Commissioner's sole discretion);

Declare a forfeiture of any NHL Game(s) determined to have been affected by a Circumvention...

Cdn24:  You are too kind, dear.  I know so little compared to you.

Answer 4

The franchise will instantly fold and move to Salt Lake City, Utah, where it will fold again.  The GM will be publicly stoned and flogged.

Answer 5

i guess another lockout!

Answer 6

Homes to the rescue again, who needs Cyren or Lity when we have a HOMES.

As the homes legalese states, I don't think being over is an option, the penalties are too severe including fine/loss of draft picks and forfeiture of games played while over the cap.  

All teams must be under the cap by their first game of the season

Answer 7

They need to waive players or trade players to get under te cap

Answer 8

As Haley mentions, this is something that is NOT specifically addressed in the CBA.

The belief is that no team is stupid enough to do it.

Teams do have options

1) A player can be placed on recallable waivers (this means that if he's claimed, he can be pulled back) and that is 48 hours so if a team does it RIGHT before a game, and a team claims him.  They just re-claim him after the game.

There are penalties if a team 'intentionally' tries and circumvents the cap which includes fines and cap space in future years (Article 26 of the CBA)

Answer 9

They will forfeit those games and probably be fined each day they are still over the cap.....

Answer 10

They have to place a player(or players) on waivers until under the cap, i believe they are not eligible until they do, and if they have to, they will play with less than 20 skaters