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RIP NHL Lockout (September 15th 2012 - January 12th 2013)
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01-06-2013, 11:48 AM
HOPE & CHANGE
Join Date: Mar 2002
Location: New York
Larry Brooks discussed the Redden situation a few months ago
Ironically, “The Wade Redden Rule” would harm Redden himself if adopted as written. An amnesty buyout would allow the 35-year-old to sign with another team as a free agent. But denied that opportunity (there is no amnesty buyout provision in the NHL’s proposal),
Redden will be consigned to the AHL for the next two seasons while the Rangers operate with $6.5 million of dead cap space.
They are not adding him to the roster
At that time,the NHL didn't want any compliance buyouts. The Wade Redden rule will hurt Redden in 2013. No compliance buyouts until June.
The pro-rated amount of $6.5M minus $900,000.
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