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02-19-2010, 09:36 PM
  #96
New York RKY
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Quote:
Originally Posted by Rustingo12 View Post
Someone enlighten me. If we send Redden to Hartford does that clear us of 6.5 million or is that only half. I believe waiving is half but I am not sure about just sending someone to the AHL. I also believe that buying out a contract doubles the years for half the price.
Because of the >35 loophole if they send him down to the minors then it does not count against the cap. I heard somewhere if they buy him out we'd have to pay him for another 8 years or so i think at like 1-2million/yr.

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