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07-16-2013, 10:16 AM
Join Date: Jul 2004
At the end of every NHL contract, the actual salary paid should be equal to the aggregate cap hit the team experienced. If a player retires early in a backdiving contract, the cap benefit recapture mechanism kicks in to assure that the team experiences an aggregate cap hit that matches what they ended up paying the player over the life of the contract. People think the cap benefit recapture clause is a penalty. It's better to think of it as a readjustment tool.
The Devils paid Kovalchuk $12m over the past two years while his aggregate cap hit over the same time was $13.34m.
The Rangers paid Richards $24m over the past two years while his aggregate cap hit over the same time was $13.34m.
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