NHL Salary Cap Questions > Price Retirement
Price Retirement
Asked Nov 1, 2022 by Jean-Francois C
If Carey Price formally retired, why would the Habs not have a penalty on the salary cap? Price did get more money than the $10.5 million cap hit, so why is there is not a retirement recapture penalty?
Answer
Nov 14, 2022
Only long-term contracts signed prior to the 2013 CBA can potentially trigger a recapture cap hit. As Price signed his contract in 2017, it is not eligible for recapture penalties if he retires.
