He will get a cheap 1 yr deal and it will be a one way. Not much risk in a 48 game season. Good luck Wade, atleast he went down to CT and helped the kids like McD
I want to see who else is on waivers tommorow? Any other terrible contracts that were going to be burried in the minors anyway. Teams may as well just do it if they had no plans other than waiting till next yr
good luck to wade....hope he gets a deal for minimum or something somewhere else....isles can use him.
Not crazy to think Redden winds up back in Ottawa (they are admittedly trying to trade for a veteran D), and Gomez back with Devils. Both on minimum deals since they are being paid handsomly to go away by their current teams.
We pay him 2/3 of the remainder spread out over however many years. The cap charge comes off the books after this season.
@TSNBobMcKenzie: Sorry, my mistake on this year, player gets 100 per cent on buyout, not two thirds. No saving to club. My bad.
Teams would pay out 100 per cent of a player's actual salary this year and two-thirds or one-third (as applicable) over twice the remaining term of the contract and the player is free to sign elsewhere.
The contract will not count towards the 50 limit after it is bought out. This will give the Rangers a little wiggle room if they wanted to make a trade or bring in Fasth/Lindberg after their seasons are over.
SO Redden gets all his outrageous salary from us...we get full cap hit...Redden gets a new contract from some other team making him more money and then there is the chance he comes back this year to bite us in a game thanking us for this 'favor'. Very interesting!