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06-27-2013, 06:39 AM
  #53
RangerBoy
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Calgary offered Richards $64M-$65M over 9 years. Same structure. Front loaded. The dummy years at the end dropping the average salary. Bob McKenzie was on NHL Live in May/June 2011 discussing how a Richards contract would look. Richards gets paid like an elite forward in the first 5-6 years of the contract and the tack on years at $1M lower the cap hit. That's what he got. It came down to the Rangers and Calgary. His agents wanted Calgary. He wanted NY. Torts. The contract was designed for Richards to retire after 2017. Richards will 37 in 2017. Now the Rangers will be hit with a cap recapture penalty of $5,666,667 for the remaining 3 years. $17M in total. Pay him $33M over the next 4 years. $6,666,667 cap hit. $57M in the first 6 years. $3M in the last 3 years. The CBA changed.

http://capgeek.com/recapture-calcula...aded_year=2013

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