: Salary Cap:
Habs to reach Cap Heaven?
View Single Post
02-27-2013, 12:28 PM
nexus of the crisis
Join Date: Apr 2004
Location: Four Winds Bar
Originally Posted by
Are you sure? I thought we got one compliance buyout this summer (which is Gomez, despite it being accelerated) and one in the summer of 2014. Hence, Kaberle is on the books for next season too unless he is traded.
Here is the paragraph in the CBA agreement... there is no limit to one player per year, just 2 compliance buyouts total over the next two years. Kaberle wouldn't be on the cap.
During the Ordinary Course “Buy-Out” periods following the 2012/13 season and 2013/14 season, in addition to any other Ordinary Course “Buy-Outs” a Club may elect to effectuate pursuant to Paragraph 13 of the SPC, Clubs may elect to terminate and “buy-out” the already existing SPCs of
up to two (2) additional Players (in the aggregate over the two (2) years)
on a Compliance basis (a “Compliance Buy-Out”). Such Compliance Buy-Out(s) would be effectuated on the same terms as are set forth in Paragraph 13 of the SPC, except that the amounts paid under such “buy-out(s)” will not be charged against the Club’s Cap in any of the years in which the payments are made to the Player. Amounts paid under such Compliance Buy-Out(s) will, however, be counted against the Players’ Share during any League Year in which the “buy-out” payments are made. A Player that has been bought out under these Compliance Buy-Out provisions shall be prohibited from re-joining the Club that bought him out (via re-signing, Assignment, Waiver claim or otherwise) for the duration of the 2013/14 League Year (if the Player was bought out in 2013) and the 2014/15 League Year (if the Player was bought out in 2014).
View Public Profile
Blind Gardien's albums
Find More Posts by Blind Gardien