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10-16-2012, 03:41 PM
HatTrick Swayze
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Join Date: Jun 2006
Location: NJ
Country: United States
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Originally Posted by JeremyNYR View Post
I am very hopeful that this deal is closed soon!

I saw that one of the items in the deal offered by the NHL is closing the "Redden Loophole". If the deal were signed as-is today, how would this impact the NYR salary cap for this year? What's left on Redden's contract, and do you think they'll have a buyout provision so we can get Redden off the books and not kill our cap in the first year of the new CBA?
We have no idea yet. Redden has two years left. Most people are speculating that there will be one-time amnesty buyouts like in 2005.

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