If prongs doesnt come back , he can still collect a paycheck and not count against the cap as long as he shows he is trying to come back. I think that is the closest to a buy out as possible. but any buyout will have cap ramificiations.
Bryz, Pronger will be on LTIR and have no cap hit anyways.
Don't players on the LTIR still have a cap hit in the offseason, but teams can make in-season additions? I may be completely wrong, I'm as clueless as Holmgren when it comes to the cap.
If prongs doesnt come back , he can still collect a paycheck and not count against the cap as long as he shows he is trying to come back. I think that is the closest to a buy out as possible. but any buyout will have cap ramificiations.
It does count against the cap, but with the LTIR we are allowed to exceed the cap by the amount of his contract, and yes, he can show up for two weeks in training camp, go out to dinner with friends, skate around, say my head hurts and he collects minimum 1 mil for 4 more years.
If he turns that down I'm going to try to change my name to Chris Pronger.
Can they re-sign him at a different price? Who would play goal if they did this to Bryz?
EDIT: Also would they have to do it now or could they wait? I'm still not convinced Bryz is a lost cause. Yes, he played crappy this season, but he's got 8 more to turn it around. He's played well in the past and shown flashes this season (and playoffs).
Don't players on the LTIR still have a cap hit in the offseason, but teams can make in-season additions? I may be completely wrong, I'm as clueless as Holmgren when it comes to the cap.
They always have the cap hit, but you are allowed to exceed the cap by that amount.
Where it hurts us is in the offseason you are allowed to exceed the cap by 10%, to make moves and signings and what not. First day of the reg season you have to be compliant. Prongers contract eats about 4% of that number.
LTIR =/= capspace. And it is not a given that the league will simply automatically sign off on Pronger being on LTIR for 6 seasons in a row.
I'm equating Pronger with Savard. I feel like it's a given Savard's gone but he's gonna stay on LTIR to collect his paycheck (which he deserves). I don't think the league has a problem acknowledging that Savard is done but will remain on LTIR. Obviously that's not based on any facts, just my opinion. Either way I'd rather Pronger's 2.5 penalty to Bryz's contract.
A buyout does absolutely nothing to the cap hit. Its there no matter what.
A normal buyout divides the cap number by 2, and extends duration of contract to double. Are you saying this doesn't apply to 35+ contracts. That isn't something I was aware of, but I really didn't look into that.
I think the last amnesty in 2004 just lowered a contract by a certain number, like 20% or something. It happened to Jagr.
After the lockout all nhl contracts were cut by 25 percent because the league was collapsing financially.
This would be a true amnesty much like the nba of the past where you could simply remove a contract's cap hit and the player would be allowed to resign with another team. However the team would still have to honor the contract and pay the athlete the full amount.
Some players who could be on the flyers radar might get amnestied as well. One in particular would be Bouwmeester, or even brian campbell.
Can they re-sign him at a different price? Who would play goal if they did this to Bryz?
EDIT: Also would they have to do it now or could they wait? I'm still not convinced Bryz is a lost cause. Yes, he played crappy this season, but he's got 8 more to turn it around. He's played well in the past and shown flashes this season (and playoffs).
Well, the amnesty clause would have to be created as part of the new CBA, this doesn't exist now.
And F that, his contract is terrible, and some would call me a Bryz supporter, I'm not really, just not a goalie blamer.
A normal buyout divides the cap number by 2, and extends duration of contract to double. Are you saying this doesn't apply to 35+ contracts. That isn't something I was aware of, but I really didn't look into that.
Someone correct me if i'm wrong but I'm pretty sure this is how it works:
For players under 30 when they signed their contract the buy out cap hit is 1/3
For players 30-34 when they signed their contract the buy out cap hit is 1/3 for double the length of the remainder of the contract (so effectively 2/3 overall)
another intresting thing we can do is Trade one of the contracts with a player and/or picks to a team that doesnt have an amnesty candidate such as the Oilers who will then use their amnesty on that player.
