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06-29-2010, 12:07 PM
  #56
Levitate
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Quote:
Originally Posted by Melrose_Jr. View Post
You'd get the full 10% overage on $59.4M allowing you to spend up to $65.35M this summer.

If you buy out these players though, you have to get down to $57.7M when the season starts to cover their cap hits.

65.35-57.7=$7.35M

In other words, you'd have demote Redden and someone making at least $850K to get under the cap.
Don't think it works that way. If you buy them out now, the buyout amount remaining still counts on the cap during the summer. If the Rangers spent up to the 10% overage, that will include that buyout amount.

They'd still just need to get down to 59.4, not 57.7.

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