Thread: Salary Cap: $64.3M Upper Limit for '11-'12
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06-24-2011, 12:25 PM
  #572
Giglio NYR15
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Quote:
Originally Posted by RangerBoy View Post
Drury does not come off the cap on long term IR. The Rangers will be allowed to exceed the $64.3M upper limit by $7.05M. The Rangers have to be at or near the upper limit to benefit from Drury's money on long term IR. Contract expires after 11-12 and the Rangers don't have the cap hit on their books.
Oh alright so if were at 64M, we can go 7M over no problem. So really this is a win/win in the drury stuff, whether he retires or goes on LTIR, we dont have to deal with the buyout hits or any extra cap hits and we still get to spend money.

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