View Single Post
Old
01-21-2013, 08:57 AM
  #1
Hero
Uncle Leo
 
Hero's Avatar
 
Join Date: Jul 2009
Posts: 20,807
vCash: 500
New Circumventing Idea.

This might be a way for a player to make his money, and for the team to get a much lower cap hit.

- - - - - - - - - - - - - - - - - - - - - - -

Take Phaneuf for example.

Phaneuf makes 6.5/6.5/5.5 these next three years. So 18.5 million over the next three years.

The leafs now amnesty buy out Phaneuf, Phaneuf is given a check for 18.5 million dollars, and is now a free agent.

Leafs re-sign Phaneuf for 7 years at 3 million per.

- - - - - - - - - - - - - - - - - - - - - - -

Leafs: Phaneuf only counts as 3 million per year against the cap for next 7 years

Phaneuf: Phaneuf makes 18.5 + (7x3) = 39.5 million in total over the next 7 years. The equivalent of 5.6 million per year.


Thoughts?

Hero is offline