: Player Discussion:
Brad Richards Part III: The Buy-Out!
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05-23-2013, 02:51 PM
Join Date: Mar 2008
Originally Posted by
He's not going to voluntarily retire after 2014 with all that money due to him. Any injury he has that precludes a buyout (let's say, the dreaded "upper body injury" as the Rangers so vaguely call it) places him on LTIR, where his cap hit won't count against our cap.
Due to the nature of the amnesty buyout (all remaining $ paid over a term of years twice the remaining term, and no contractual 'offset' on future deals) the NHLPA has no real incentive to interfere with a buyout (meaning, contesting that a player is 'injured' and therefore cannot be bought out).
I can't imagine the league attempting to dispute the validity of an amnesty buyout given they already bent heavily on the rules with Redden and Gomez and their "accelerate" buyout status
. The player obviously wouldn't have any issues with a buyout as it's essentially making the next contract "found" money.
Really, this injury mess is much ado about nothing for a team like us where there is no such thing as a budget if you can get around the cap (like LTIR, burying the contract in the AHL, etc).
Ok, so if 6th ave doesn't stand in the way (even though they would), what about 29 other NHL teams? You think the Devils or the Penguins would be fine with the NYR circumventing the rules to save a few million/year in cap hit?
You buy him out sooner than later because you can use all the cap money you can get, especially in a season where the cap is going to decrease. It allows Sather increased flexibility and removes a potential bad situation from the locker room. The amnesty buyout is a freebie and you can bet your ass it's going to be used this summer.
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