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05-21-2009, 10:11 PM
  #56
phlocky
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Quote:
Originally Posted by Dig Out Your Soul View Post
Yeah I believe that's how it works (keep in mind my earlier comments about being stupid when it comes to economics). 2/3rds of the remaining salary over twice the remaining years is my understanding of what counts against the cap.
Quote:
Originally Posted by Dig Out Your Soul View Post
As an example, Darcy Tucker was owed $9M over the remaining three years of his deal. The Leafs bought him out at 2/3rds, $6M, which will be paid out over twice the length of the remaining years, six years. So their cap hit for buying out Tucker is $1M for 6 years.

This is correct. We could buy out Briere right now for a cap hit of roughly 1.9 mil for the next 12 years.

These are the B/O's for the remainder of Briere's contract

season ending - B/O amount - # of yrs of B/O
09 - 1.89 mil - 12 yrs
10 - 1.73 mil - 10 yrs
11 - 1.58 mil - 8 yrs
12 - 1.33 mil - 6 yrs
13 - 0.83 mil - 4 yrs
14 - 0.67 mil - 2 yrs


Ok, I just saw what others posted. This is what we PAY the player, not what our cap hit would be for him. I though it was different than what we owed the player but others were telling me I was wrong before. I guess I should have stuck to my guns


Last edited by phlocky: 05-21-2009 at 10:19 PM.
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