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05-15-2013, 10:04 AM
RangerBoy's Avatar
Join Date: Mar 2002
Location: New York
Country: United States
Posts: 37,305
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The Rangers win game 7 and the sentiment is now keep Richards. LTI for Richards. He has 7 years remaining on his contract. Long term IR is complicated. Its only comes into play for a long term injury. You're assuming its a career ending injury. In any other case,the Rangers will be forced to make a million moves to work around the cap hit. Richards still counts against the summer cap if its a career ending injury and he doesn't retire because he wants to get paid like Savard in Boston. The $24M paid out over 14 years is $1.7M per for Richards. Cap recapture comes into play if Richards retires. Look at the last 3 years of the contract where he makes $3M combined. The Rangers are screwed if he doesn't play the last 3 years. They are screwed if he plays the last 3 years.

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