Sources say Philadelphia Flyers forward Brayden Schenn has been informed he will be temporarily assigned to the AHL and the motivation behind this move is 100% cap specific.
Schenn's contract, negotiated by the Los Angeles Kings will pay him $900,000 this year, plus $850,000 in entry level 'A' bonuses for a total of $1.75 million, however Schenn has substantial 'B' bonuses included in his deal that would be very cap unfriendly to the Flyers.
The 'B' bonuses in the first two years of his contract pay Schenn $1.265 million and $1.405 million if he plays 25 minutes in each of the 82 regular season games.
These are unlikely, if not impossible bonuses to achieve, although Philadelphia isn't willing to take the chance and face the possibility of having to absorb a cap hit of just over $3 million, so to cut the cap hit to a reasonable $1.75 million for this season, Schenn will be assigned to the Philadelphia Phantoms for at least one game, therefore nullifying the 'B' bonus clause this season.
"Street Sense is 19 out of 20. Street Sense has roared from 19th position to first in the Derby...And here is Street Sense, a stretch running sensation!," Tom Durkin.
Last edited by MiamiScreamingEagles: 10-04-2011 at 01:48 PM.
Coming in peace. Completely shocked when I heard the news. I thought Schenn was as close to a lock as a player can be.
He's currently injured, which likely has a lot to do with it. The theory espoused by many here is that he will be allowed to rehab in the AHL while Courturier gets a few games to see what he can do in the regular season.
Down in the basement, I've got a Craftsman lathe. Show it to the children when they misbehave.