NY Post/Larry Brooks Rumor: Rangers Near Deal For Jagr
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11-26-2003, 08:26 AM
Join Date: Mar 2002
Location: Enemy Land - Long Is
Originally Posted by
After this season the Capitals can buy Jagr out of his contract for $29.8m. If the is a lockout that kills off next season, the Caps can buy out Jagr for $22m before the 2005 season. Its cheaper for the Caps to just buyout Jagr, than it is for them to make that deal.
Jagrs' buyout after this season is 33 mil. (75% of the remaining 44 mil.)
So if Leonis is so interested in buying him out, why all the trade talk, wait until the end of the year and buy him out. It will only cost him 13 mil more.
Remember in order for the Rangers to take on this ridiculous contract that Washingtons owner signed, it has to work for them also. It can't be a one way street.
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