Eklund: Setoguchi for Beauchemin
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11-23-2010, 02:41 PM
Join Date: Aug 2006
Location: Sacramento, CA
Originally Posted by
I read on a legit site that the reduced cap hit would be for the remainder of his contract if claimed on waivers. It didn't explain why.
It's part of the CBA. If a player is claimed off of recall waivers, then the recalling team must carry half of his cap hit (and contract I believe) for the remainder of the contract, as long as the player remains with the team that claimed him.
If the team that claimed the player subsequently trades him (after that season), the acquiring team takes the full contract amount.
So if the Sharks claimed Souray on recall waivers this year, the Edmonton would be liable for half of Souray's cap hit. If the Sharks then traded Souray to the Isles (for example) at the start of next season, the Isles would take the full cap hit for his entire salary.
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