: Salary Cap:
Contracts and Salary Cap (Contract Info in Posts #1 & #2)
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01-10-2013, 10:30 AM
Join Date: Aug 2005
[QUOTE=pld459666;57386763]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.[/
Are you sure? It's called the Wade Redden Rule. Seems like they are trying to punish this type of abuse of the salary cap.
As for the player just walking away, I'm sure the NHLPA would have something to say about that. It's a sacred in unions. They exist to get good contracts for players. Giving up salary for no reason is contrary to everything else a union believes in.
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