Quote:
Originally Posted by CrazyCanuck
Under the old CBA you could amortize signing bonuses over the life of the contract, up to a max of 7 years. As the old CBA came closer to expiration, the max amort period was reduced from 7 yrs to 6 and then 5.
I haven't seen anything in the new CBA that changes the old rules so I'm assuming the max amortization period is back to 7 years.
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Actually, it was 6 under the last CBA and 5 in one year of it, I believe.
I have heard people say that it is 5 years under the new CBA, but not from anyone that I would put all my faith in.
EDIT: I e-mailed Andrew Brandt and he answered that it is 5 years under the new CBA.