Thread: Waived: Ryan Jones Assigned to OKC
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09-25-2013, 11:55 AM
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Originally Posted by Yakupov is a gangsta View Post
Sorry if this has been mentioned already but I believe since Jones contract is 1-way the Oilers get a cap hit of his salary less 950k (unless he gets claimed).
The formula when salary is buried in the minors I believe is Players Caphit - Minimum salary + $375,000.

Or, for ease, Players Caphit - $900,000.

By sending Jones ($1,500,000) to the minors, we're still on the hook for $600,000 cap hit, unless he gets claimed. $600,000 is also Hamilton's caphit.

So by keeping Hamilton instead of Jones, we have $300,000 more in capspace.

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