If one player can be bought out...
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12-31-2012, 07:31 AM
Join Date: Jan 2010
Originally Posted by
It will most definitely be Leino. With that said, if the recapture provision goes into the next CBA, Ehrhoff's contract is a
liability. He has a nice cap hit for the next few years as he goes through his prime, but the Sabres are quite literally stuck with his contract through the 2020-21 season. That's a problem, because when they signed him it is quite likely the team viewed the deal as a 7yr/$37m deal, with three team options for $1m/season. Under the current CBA formula, the Sabres could have bought him out after Year 7 for $2m (2/3 of remaining money owed), and only had $333,333 of dead cap space for six seasons (2/3 of remaining money owed spread out over twice the remaining term on the deal). Under a new CBA, Ehrhoff's cap hit is going to be $4m for every year of his deal, and the Sabres really have no out unless they buy him out before 2013-14. And the cap hit will be applied to Buffalo even if they trade him to another club.
I have little doubt they won't even contemplate buying out Ehrhoff because he is one of their better defensemen and there's a decent chance that his contract might be another GM's problem by the time the problem years (Years 8-10) roll around. But Ehrhoff should certainly be considered, else you're just kicking the can down the road.
Yeah, Ehrhoff could be a problem unless the CBA says you count actual salary in calculating. But if it his $4 million hit, if he can play a bit some team trying to get to the floor might be interested in final three years if it only has to pay $1 million per season.
It doesn't sound like CBA will start using actual salaries to calculate cap which would have been amazing of Sabres because front end loaded contracts are paid up mostly.
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