Thread: Rumor: Redden to minors?
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01-18-2010, 07:54 PM
  #92
jas
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Quote:
Originally Posted by GAGLine View Post
I wouldn't count on there being any amnesty buyouts. The league has no reason to do that unless the cap were to drop significantly, and that doesn't look like it will happen.

And for those who think a regular buyout is an option, it's not.

http://www.capgeek.com/buyout_calculator.php

Redden would be on the books for the next 8 years as follows:

2010-2011 $1,916,667
2011-2012 $1,916,667
2012-2013 $3,416,667
2013-2014 $3,416,667

2014-2015 $1,916,667
2015-2016 $1,916,667
2016-2017 $1,916,667
2017-2018 $1,916,667

If Redden were to be sent down this year, he won't be brought back up this year. I can't see the Rangers risking someone picking him up at half price. But he could be back next year if we have the cap room and don't have a better option. Or maybe we can trade him somehow, though doubtful. A demotion to the AHL isn't necessarily the end of his NHL career.

I wonder though that if we were to send him down and he refused, could we void the contract, similar to what the devils did with Shanahan this year? Or will it not work because he's on a multi-year deal? I'm sure RB would know.
Drury is off the books at that point...you're looking at at least $10.1 million in cap space opened up...plus Rozsival is off the books, too.

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