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Old
03-27-2006, 05:05 PM
  #1
NYR fan 2
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Buy Out Question

In this upcoming off season, will teams be able to buy players out again? or was that only a one time thing to help teams get under the new cap?

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03-27-2006, 05:14 PM
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Kodiak
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Players can still be bought out, but it will count against the cap. The no-penalty buy-outs were a one-time deal. Now, if a player is bought out at 2/3 of his salary, the money paid counts against the cap for twice the amount of years remaining. For example, a player has a contract worth $6 mil per year for another 3 years. If he's bought out at $12 mil, it counts as $2 mil against the cap for 6 years.

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03-27-2006, 05:15 PM
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broadwayblue
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one time thing. the good news is the cap will go up for next year as revenue exceeded expectations.

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Old
03-27-2006, 05:15 PM
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one time thing

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Old
03-27-2006, 05:22 PM
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NYR fan 2
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So for next year we can buy out Ozo for 1.83 mil and only be charged for 503,250K against the cap?

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03-27-2006, 05:38 PM
  #6
Kodiak
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Quote:
Originally Posted by NYR fan 2
So for next year we can buy out Ozo for 1.83 mil and only be charged for 503,250K against the cap?
Ozo has one year left at $2.75 mil, so it would be $1.83 mil over 2 years, or about $915k.

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Old
03-27-2006, 06:44 PM
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Quote:
Originally Posted by Kodiak
Ozo has one year left at $2.75 mil, so it would be $1.83 mil over 2 years, or about $915k.
oh woops, damnit I am usually good at math. Thanks though.

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