: Salary Cap:
$70.2M Upper Limit for '12-'13; $64.3M for '13-'14
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01-10-2013, 08:54 AM
Join Date: Jan 2006
Location: South Koster, Sweden
Originally Posted by
Regarding Redden, since this not the kind of back diving deal that the NHL is looking to punish, anyone think that Redden retire and take a coaching position with the team. An Assistant Coach for Ken Gernander to work with the defenceman?
the variable between his actual salary and what his cap hit is just about 23%, far less than the currently allowed 35%. It is also ALOT higher than the 50% difference between his current salary and the highest salary during the term of his contract.
In the last 4 years, he's made 29 of his 39 million he signed for, retiring and taking a front office position now will allow him to by pass the atrophy that will set in on his already deteriorating skills as he sits in the press box for a full year.
I know that there were three options listed, but I believe walking away from the contract is an option that would not have a negative impact on the team.
Again, this contract is not what the NHL is looking to punish or eliminate.
In a sense I believe they are trying to eliminate this as well. Small market teams do not want to allow big revenue clubs the possibility to stash any salary of mistaken bad contracts in the minors any longer. Hence the new rules...
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