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02-19-2007, 04:51 AM
  #8
RangerBoy
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Quote:
Originally Posted by -31- View Post
I believe it's 8 years with the 8th being the option year, which the Caps do not pay half
The Capitals are still on the hook for 2008-09 if the Rangers pick up the option or if Jagr guarantees the option

Quote:
The above scenario marks the first of a number of trigger mechanisms included in the final three years of his agreement with the New York Rangers. If Jagr fails to win one of the major awards this season, he will again have the opportunity to activate a very substantial option which includes point totals next season.

What makes it able from the Rangers' perspective is that the Washington Capitals will remain on the hook for roughly 30 per cent through 2009
http://www.sportsnet.ca/hockey/artic...31_172257_5704

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