Thread: Waived: Wade Redden - NYR
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09-25-2010, 12:26 PM
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I don't get all this talk about how this would be circumventing the cap. This was (unlike those retirement contracts...) forseen when the CBA was made, and thus the summer cap was installed. And it's also "only" ~6 million more that the normal cap, so most teams that can spend to the cap should be financially able to do this (and when it's better for the club to pay someone 6.5 million to play in the AHL, than to pay him the same to play in the NHL they should). For all the internal cap teams it's of course not an option, but there isn't complete parity anyway.

It's not a real loophole and it's not unlimited. This is the Rangers one "free" pass they get, if they need to dump another horrible contract in the next four years they can't repeat this.

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