Thread: Brad's Buy-out
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01-31-2014, 10:05 AM
  #111
GAGLine
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Quote:
Originally Posted by azaloum90 View Post
but think about it, if we DO buy him out and sign a "replacement" center like Statsny, who is to say that this move isn't just as crippling, if not more so?
The problem with Richards is the last 3 years of his deal. His salary in those years is 1 mil. If you think he's going to stick around for 3 years, and be an effective player, for 1 mil per year, I've got a bridge I want to sell you. When he retires early, we will be hit with a large cap penalty (in excess of 5 mil per year for 3 years).

The only way to avoid that is to give him a compliance buyout this summer. Like I said last summer, it isn't a hockey decision. It's a business decision.

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