View Single Post
11-22-2003, 06:25 AM
Kirk Muller*
Join Date: Feb 2003
Location: Montréal
Posts: 3,061
vCash: 500
Originally Posted by speeds
what speeds wrote
At first, I just scoffed at your idea because I thought there was no way Jagr would forgo the ~30M$ remaining on his contract, were he and the Caps to take up your suggestion.

I now think it could make a lot of financial sense if he milks Leonsis properly. If he plays out the rest of this year, the nominal buy-out rate would be about 29M$ (44M$ remaining X 2/3). If Jagr agrees to something lower, like 15M$, then plays for about 9M$ the next four years, he'd actually make more money than under the current contract, but that's all depending on what Leonsis is ready to do to get rid of him.

Kirk Muller* is offline