: Salary Cap:
Contracts and Salary Cap (Contract Info in Posts #1 & #2)
View Single Post
05-25-2013, 07:35 AM
Join Date: Dec 2006
Originally Posted by
Is it completely impossible for Glen Sather to
Brad Richards at the next deadline or next season?
You can obtain a percentage of salary/cap hit under the new CBA. The percentage cannoy vary between years, but must be the same for the remaining years of the contract.
Next summer, 6 years is left, 27m is unpaid (4.5m on avg) (8.5, 8.5, 7, 1, 1 and 1), and he have a cap hit of 6.8m.
His potential value is of course dependent on how he does next season, but if he scores around 65pts next year many teams would of course don't mind getting him, he could still put up pts in the right environement, he is a veteran leader and what not. Former Conn Smyth winner.
Would that Brad Richards be of value for for example Edmonton Oiles?
Lets say Slats obtains 2m of Brad Richards cap hit and hence 29.5% of the money still owed. Edm gets "Cap Hit / Money to pay":
4.8 / 5.9
4.8 / 5.9
4.8 / 4.9
4.8 / 0.7
4.8 / 0.7
4.8 / 0.7
Total money to be paid:
18.8m / 3.1m per
If there would be any interest in Brad Richards on those terms, surely depends on how he would look next season. If he have a decent year, who knows (like if he gets 65 pts, he gets that money as a UFA for sure anyway, and many teams would never be in the bidding for him).
Would Richards waive his NMC? Who knows... The pressure in NY seems to be getting to him.
Why would Slats do it? The only time it makes sense is if we can get a good kid on a ELC back/cheaper contract back. I saw that Burmistov wanted out of Winnipeg for example, lets say he would sign for 3 years and 1.75m per. Winnipeg gets a veteran scorer they never could sign as a FA. We get Burmistov for 1.75m per + 2m x 6 years. Staal and Richards (with us retaining salary like above) for Nail Yakubov and snatch Letang from Pittsburgh...
Nah, doesn't seem likely, at best "who knows". But the retaining salary/cap hit is an interesting option.
if this was a year ago before the new CBA i'd say sure, but if the Rangers trade Richards and he retires before the end of his contract then the cap hit goes against the Rangers salary cap and could really mungle things up for that team. If they use a compliance buyout then the Rangers open an additional 6.7 million, which makes the Rangers cap space for the 2013-2014 season 20 million and they will have to resign Stepan, Hagelin, Zucc, McD, Sauer, and decide if they want Eminger/Gilroy/neither. I think Rangers will play some hardball because it is the 2nd contract, a bridge contract probably 2-3 years on each, maybe you do a longer one with Stepan and McD. I think you see how mcilrath does in training camp, maybe he earns a spot out of camp. I think Steps and McD will get around 4-5mil/season, Hagelin will be 2-3mil/season, Zucc will get 1-2mil/season, Sauer will be under 1mil/season because of his injury, but can't give up on him yet, he's young and hopefully can find a way to get healthy to not just come back but live a good life. If you use those numbers 16mil, leaves 4 mil open. And if, big IF, 2013-2014 revenue is projected near correctly from this shortened season (it was in a New York Post article a couple months ago), which could be around or above 4 billion then the cap will increase for the 2014-2015 season.
View Public Profile
Find More Posts by Maineice11