: Salary Cap:
Contracts and Salary Cap (Contract Info in Posts #1 & #2)
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01-14-2013, 09:05 PM
Join Date: Mar 2002
Location: New York
What needs to happen here is common sense. Iím hoping the NHL and NHLPA come to some sort of side agreement that deals specifically with Gomez and Redden that allow each player to continue their NHL careers but still allow the Habs and Rangers to get out of their cap issue with both players next season. We shall see what comes out of this.
The Rangers, by the way, have worked hand in hand with Reddenís camp (agent Don Meehan) to try and solve this for weeks. So thereís no bad blood there at all. Just two sides trying to find a good and fair solution.
Seriously though...Rangers explored various options with Redden's agent Don Meehan, does not appear mutually beneficial alternative exists.
Reached via email, Meehan told ESPNNewYork.com that they are "working on the situation" and that he hoped to have more clarity by Tuesday.
Will the NHL and PA allow Redden to be bought out before the season? They would need to come up with one time exception. The Rangers can execute the compliance buyout. Redden is off the cap next season. Redden get his remaining money over 4 years. The Rangers still take the $5.6M cap hit in 2013. The NHL didn't want the amnesty buyouts this season because the cap is $70.2M.
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