View Single Post
Old
04-27-2010, 09:42 PM
  #292
Crease
Registered User
 
Crease's Avatar
 
Join Date: Jul 2004
Posts: 9,833
vCash: 500
Quote:
Originally Posted by hpNYR View Post
What if we waive redden and somebody picks him up through waivers....what happens then? Don't we still have the 50% that counts against our cap b/c he was picked up? The entire cap hit will be eliminated only if he clears and goes to the minors right?
Redden will be put on waivers. If someone picks him up, he comes off the Rangers books. If he doesn't get picked up, he gets sent down to Hartford and comes off the Rangers cap. Only on re-entry to the Rangers can a team pick him up and the Rangers would be on the hook for half his cap hit.

Crease is offline   Reply With Quote