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patrick 01-06-2013 02:11 PM

Buyouts
 
Will teams be able to apply amnesty on buyouts retroactively to older buyouts still on the cap?

For instance Yashin's cap hit to the Islanders.

Homeland Security 01-06-2013 02:13 PM

Quote:

Originally Posted by patrick (Post 57195823)
Will teams be able to apply amnesty on buyouts retroactively to older buyouts still on the cap?

For instance Yashin's cap hit to the Islanders.

I believe it is only going forward. For the Isles I expect DiPietro a goner this summer and moved to the front office.

patrick 01-06-2013 02:16 PM

Quote:

Originally Posted by 10 Min Misconduct (Post 57195979)
I believe it is only going forward. For the Isles I expect DiPietro a goner this summer and moved to the front office.

If he's not gone I'm done with the NHL until Wang sells.

Beukeboom Fan 01-06-2013 02:51 PM

Quote:

Originally Posted by 10 Min Misconduct (Post 57195979)
I believe it is only going forward. For the Isles I expect DiPietro a goner this summer and moved to the front office.

Not to be a dick - but I think there is a 0% chance that Wang amnesty buy-outs RDP. He'd be "on the hook" for something like $30M, while receiving NO credit for that against the salary cap.

If he's going to buy out RDP, I think it would be before this season starts (assuming that's possible). He'd save about $15M in actual cash payments to RDP, AND get the credit for those payments against the cap.

I can't imagine a situation why a cap floor team would utilize an amnesty buy-out.

LadyStanley 01-06-2013 03:47 PM

Quote:

Originally Posted by Beukeboom Fan (Post 57198567)
Not to be a dick - but I think there is a 0% chance that Wang amnesty buy-outs RDP. He'd be "on the hook" for something like $30M, while receiving NO credit for that against the salary cap.

If he's going to buy out RDP, I think it would be before this season starts (assuming that's possible). He'd save about $15M in actual cash payments to RDP, AND get the credit for those payments against the cap.

I can't imagine a situation why a cap floor team would utilize an amnesty buy-out.

Islanders can make a non-amnesty buyout before season.

Amnesty buyouts (2 per team) would only be available before 2013-14 and 2014-15 seasons.

Mike Jones 01-06-2013 04:08 PM

Quote:

Originally Posted by LadyStanley (Post 57201845)
Islanders can make a non-amnesty buyout before season.

Is that going to be available prior to this season?

I didn't think it was as there's already been a buyout period this past offseason.

Beukeboom Fan 01-06-2013 04:18 PM

Quote:

Originally Posted by LadyStanley (Post 57201845)
Islanders can make a non-amnesty buyout before season.

Amnesty buyouts (2 per team) would only be available before 2013-14 and 2014-15 seasons.

1) The 2013-14 is next season (aka - starting October 2013).
2) Do you think Wang would make an amnesty buyout? He'd owe RDP $30M paid through 2030 and not get to count ANY of it against the Islander's cap. I can't believe that happens.

patrick 01-06-2013 04:27 PM

Wang also has a new building to fill in a couple of years and may realize that it would be smart to eat that money now so he can spend it in Brooklyn.

sewellda 01-08-2013 01:26 AM

The question I want to know is whether or not a team that trades a player and chooses to eat a large portion of that player's salary can then use 1 of their 2 amnesty buyouts on the portion they retained.

cheswick 01-08-2013 11:31 AM

Quote:

Originally Posted by sewellda (Post 57276037)
The question I want to know is whether or not a team that trades a player and chooses to eat a large portion of that player's salary can then use 1 of their 2 amnesty buyouts on the portion they retained.

I'd be shocked if that would be allowed. You can't buyout a player that is on another team, or buyout a portion of a contract.


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