: Salary Cap:
Contracts and Salary Cap (Contract Info in Posts #1 & #2)
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01-06-2013, 11:46 AM
HOPE & CHANGE
Join Date: Mar 2002
Location: New York
NO BUYOUTS NOW
Redden will count against the cap
$5.6M will count. NHL minimum salary plus $375,000. $525,000 plus $375,000. $900,000
It will be harder to bury one-way deals in the minors under new CBA. This season anything over $900,000 in AHL counts on a team's cap.
To be clear, one-way deals in AHL totalling the minimum salary plus $375,000 are exempt from cap. The #NYR have a decision on Redden.
Add $1,666,667 from the Chris Drury buyout
Rangers will have a cap of $62,933,333.
Michael Sauer can be put on LTIR freeing up $1.25M. Pro-rated amount.
In the NBA,teams were only allowed to buy out players already under contract when the previous CBA expired.
Roszival made less money than WW 11-12. Rozy made $3M. WW made $4M. The Rangers can't trade Redden for another player with the same time left on his contract. They need every penny available for 13-14. No more sending a player to the AHL to shed money. Redden is owed $5M next season. That's a lot of money.
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