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First Trade With Salary Retained?

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Old
06-13-2013, 03:46 PM
  #1
Hivemind
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First Trade With Salary Retained?

Which trade/player will be the first one involving salary being retained by a team? It hasn't happened yet (to the best of my knowledge).

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06-13-2013, 03:47 PM
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Kbs
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It's already happened. The Leafs traded Lombardi to Phoenix with salary retained (1.5million, I think).

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06-13-2013, 03:47 PM
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Marlo Stanfield
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Also Pominville to Minnesota.

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06-13-2013, 03:48 PM
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y2kcanucks
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Quote:
Originally Posted by Kbs View Post
It's already happened. The Leafs traded Lombardi to Phoenix with salary retained (1.5million, I think).
Pretty sure the Hurricanes retained some salary when they traded Jokinen to Pittsburgh too.

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Old
06-13-2013, 03:48 PM
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bleedgreen
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Jussi jokinen as well.

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Old
06-13-2013, 03:48 PM
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Quote:
Originally Posted by bleedgreen View Post
Jussi jokinen as well.
yep. about $900K retained from his cap hit.

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06-13-2013, 03:51 PM
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SI90
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now does the new team have the whole cap hit or does the salary retained take away from the actual cap hit??

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06-13-2013, 03:52 PM
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Kbs
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Originally Posted by StrongIslanders90 View Post
now does the new team have the whole cap hit or does the salary retained take away from the actual cap hit??
The new team will get the reduced caphit.

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Old
06-13-2013, 03:53 PM
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DrDangles
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Quote:
Originally Posted by StrongIslanders90 View Post
now does the new team have the whole cap hit or does the salary retained take away from the actual cap hit??
Actual cap hit. Jokinen's cap hit on the Pens is 2.1M as opposed to his prior 3M cap hit on Carolina.

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Old
06-13-2013, 04:25 PM
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Djp
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Quote:
Originally Posted by Mystlyfe View Post
Which trade/player will be the first one involving salary being retained by a team? It hasn't happened yet (to the best of my knowledge).
Carolina traded a player to Pittsburgh at the deadline..I think it was jokiness...

Buffalo traded Pominville to Minnesota and retained salary.

There have been others.

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Old
06-13-2013, 04:28 PM
  #11
Djp
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Quote:
Originally Posted by StrongIslanders90 View Post
now does the new team have the whole cap hit or does the salary retained take away from the actual cap hit??

Rules are you can only retain a max of 50% of salary owed over the contract.

Both buffalo and Carolina effectively paid the remaining salary of the players they traded for 2012-13. Then they kept that same amount for 13-14.

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