Wouldn't Drury have to pass a physical to be traded?
How could he do that if this is technically a career ending injury and if he would technically pass a physical and the trade was to fall through could we then buy him out?
you can trade injured players if the other team has no problem with it...if you lie about an injury and the other team finds out after the fact they can petition the league to get the trade reversed. but in this case the other team would be fully aware and ok with the fact that he's hurt if they make the deal.
But will insurance still pay 80% if he's traded? Someone mentioned the other day on the trade board that the insurance is with the Rangers, not with Drury. If he were to be traded, would Florida have to cover him under their insurance? If so, there's no way the insurance company would accept that since he already has a career ending injury.
hadn't thought of that. but that would obviously throw a wrench into our master plot
Drury's agent Mark Witkin already beat the Rangers in a arbitration case. Jed Ortmeyer had a $150,000 signing bonus which was supposed to be paid on a certain date but the NHL was locked out. The Rangers lost the case. The CBA allows Drury to collect his salary for the rest the contract,keep his Blue Cross Blue Shield and get more contributions to his pension and he agrees to absolve the NHL and NHLPA against any future claims over his knee. The contract is insured so the Rangers get most of the $5M back. Rangers can put Drury on long term IR and leave him there for the entire season because Drury filed papers about being able to play again. Don't seem such a bad deal.
It's good in the long run because we get rid of his cap hit regardless after next season. The only problem is that we're stuck with his cap hit this summer which prevents us from signing UFA's and re-signing our RFA's. Of course there are creative ways around it but it's still a pain in the ass.
This is quite confusing to me, with so many different outcomes. I think the bottom line here is no matter which way it plays out I don't see this handcuffing Sather this offseason (whether that's good or bad is still to be seen )
That is the one thing I'd worry about, but if the papers he files have something to do with a career ending injury, I assume that kind of precludes him from coming back this year at least?
He can't be taken off LTIR unless there is cap room FOR him. The Debs did it with Matvichuk, IIRC. They left him on all year even though he was healthy.
"Of course giving Sather cap space is like giving teenagers whiskey and car keys." - SBOB "Watching Sather build a team is like watching a blind man with no fingers trying to put together an elaborate puzzle." - Shadowtron
Sestito still on the make a wish tour. - rholt168
Sorry if this has been answered, but I haven't been posting in this thread. I posted this in the trade rumors forum:
"Help me out here if I'm wrong guys. Rangers trade Drury to the Panthers (that is if he waives his NMC). He has a cap hit of $7M, but he is really being paid about $5M. Panthers can't buy him out because he has a career-ending injury. Insurance covers 80% of his salary of $5M. Therefore, Florida, who would like to save as much money as they can, would only be paying Drury $1M while having $7M count against the cap and having a young player take his place in the lineup. Sounds like a win-win for both teams."
I looked at article 50 in the CBA. Drury will be considered disabled and unable to perform his duties as a hockey player. Page 226. He can be placed on long term IR as a "disabled" player. Page 202-203. Players on injured reserve count against the cap.