Paul Martin Trade or Buyout? (if there's a season)
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01-09-2013, 11:53 AM
Trick or ruddy treat
Join Date: Feb 2010
Going by what I've heard we could trade some of the salary of Martin away as well.
1. Teams can only have three contracts on the books where they’ve retained salary in a trade
2. Teams can keep only up to 15 per cent of the salary cap in a given year, meaning they would max out at $9.645-million under the $64.3-million cap that’s likely to be in place in 2013-14 and 2014-15
3. Only 50 per cent of a contract can be kept
4. A contract can only be traded in one of these deals twice
So using Martin as an example if someone was willing to take 80% of Martin's contract which is $5m for two more years after this. 80% is $4m so a team could take Martin on for $4m and we'd have a cap hit of $1m for the next two years from him.
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