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02-15-2013, 09:55 AM
RangerBoy's Avatar
Join Date: Mar 2002
Location: New York
Country: United States
Posts: 37,111
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What's in the CBA? The NHL proposed the signing and acquiring teams trading one of the long term contracts would still be on the hook if the player retired. The NHL decided it would only come into play if the player is traded in his CBA. If the player was traded before the previous CBA expired the team was not on the hook. Mike Richards and Jeff Carter signed long term deals during the 05 CBA and were traded before the CBA expired. The NHL had orginally proposed the cap hit returning to Philly if those players retired. Then the NHL dropped that and only contracts traded during this CBA would be subject to that. The MOU deals with the trade recapture. The PA agreed teams will be subject a cap hit if the player retires before SPC expired. The Richards deal was really a 6 year deal with the 3 dummy years dropping the AAV. The rules have changed. Richards would have made $33M over 3 years if the Rangers amnesty him after 13-14. The $18M buyout is paid out over twice the remaining term. 12 years. $1.5M per. The Rangers could trade Richards and if he retires then the Rangers will be penalized with the cap hit. Page 2 and 3 of the MOU.

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