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Report: GMs seek a one-time cap free buyout clause with new CBA

Feb 11, 2012, 11:52 PM EDT

Fehr-Bettman-Getty Getty Images

Wouldn’t it be nice for the Montreal Canadiens if they didn’t have to deal with Scott Gomez‘s $7,357,143 annual cap hit? Well, if a recent report citing league sources is true, they might not have to for much longer. According to Bruce Garrioch’s sources, GMs are hoping that the new CBA will include an amnesty clause, which will would allow them to buyout a single contract each without it counting against the cap. A league source specified that this “would be a one-time buyout only,” so this wouldn’t provide NHL squads with the freedom to ink a player to a big contract one summer and then shed themselves of it without a cap punishment before Year Two of the deal.

Of course, it’s worth emphasizing that all of this is still purely theoretical. Even if the NHL’s GMs want this clause, and it’s not hard to believe that they would, it doesn’t mean that it will be included in the final draft of the next CBA. Still, we bet that fans of almost every team can name a player whose contract they’d like to see their team shed.

  1. 4twistedlogic - Feb 12, 2012 at 12:17 AM

    You forgot to mention Bruce Garriochs sources are his 15 cats.

  2. pooinyourface - Feb 12, 2012 at 12:52 AM

    DiPietro!!! Please God get rid of him!

    • bcisleman - Feb 12, 2012 at 1:44 AM

      Likely the Isles will either demote him or buy him out. For the moment, however, his cap hit helps the Islanders.

    • nothanksimdriving123 - Feb 12, 2012 at 3:31 AM

      WHAT???!!! With all his Vezinas and Stanley cups??!!! And he only has 27 more years on his contract.

  3. trigzter - Feb 12, 2012 at 1:18 AM

    holmgren has to make a decision. bryz or pronger

    • Jeff Thomas - Feb 12, 2012 at 10:01 AM

      I have to imagine it would be Pronger since he’s the one with the over-35 contract.

  4. barkar942 - Feb 12, 2012 at 2:11 AM

    Bryz. Pronger not on the ice is hurting them much less than Bryz on the ice- oh wait- that was Bobrovsky today= my bad!

  5. quizguy66 - Feb 12, 2012 at 9:23 AM

    This needs to be named the “Scott Gomez Rule” if it gets enacted.

    -QG

  6. ml3939 - Feb 12, 2012 at 9:31 AM

    Bob did not hurt them yesterday, it was the defense and the team allowing the rangers to outnumber them down low all day. They hung him out to dry last week against the devils too. For the most part bob has been very good this year.

  7. flyerscup2010 - Feb 12, 2012 at 9:54 AM

    sorry bryzgalov

  8. greatminnesotasportsmind - Feb 12, 2012 at 10:34 AM

    this would be completely stupid!! Don’t give GMs a back door to get out of a bad contract. Minnesota is STILL paying for the bad contract Doug Risebrough gave Mark Parrish. Teams are still able to buy players out, such as Parrish was. The cap hit goes down but the contract length is doubled with the time remaining. For instance if a player has 3 years left at 6 million a year, the cap hit is 3 million each

  9. greatminnesotasportsmind - Feb 12, 2012 at 10:36 AM

    this would be completely stupid!! Don’t give GMs a back door to get out of a bad contract. Minnesota is STILL paying for the bad contract Doug Risebrough gave Mark Parrish. Teams are still able to buy players out, such as Parrish was. The cap hit goes down but the contract length is doubled with the time remaining. For instance if a player has 4 years left at 6 million a year, the cap hit is 3 million each of the next 8 years.

    Why not just double the amount and shorten the length of the contract? Why not give them the option of 2 years at 12 million a year cap it. It gives bad teams the chance to be bad and shed the contract faster and get a decent pick.

    • odj810 - Feb 12, 2012 at 10:45 AM

      it will never happen. the players association would NEVER accept this in any deal. of course gms want it but its not going to happen. sorry habs fans.

      • missthemexpos - Feb 12, 2012 at 11:00 AM

        Why would the P.A. never except this idea? If teams can get rid of a bad contract, they will have more cap room to spend. Also, I would imagine that the bought out players would be free agents, free to sign with any team, all the while still getting paid by their old clubs.

      • odj810 - Feb 12, 2012 at 1:18 PM

        it sets for a bad precedent in future negotiations. If you pay attention the last time this same thought was brought up the head of the union quickly shot it down. Thats what buy outs are for

      • odj810 - Feb 12, 2012 at 1:21 PM

        and why should these gms get a get out of jail free card? this isn’t monopoly, there should be repercussions if you offer up a stupid contract. You should have to live with your mistakes. And why would the other 15 teams without these horrible long term deals Ok this either? yea sure give my opposition 10 more million to work with because they weren’t as good at there job as we were? Teams like the red wings canucks bruins rangers ect. have nothing to gain.

  10. pavelfitzgerald - Feb 12, 2012 at 11:44 AM

    This seems like a no brainer. Players love it because they get paid & have potential to get a new contract. GMs love it because they can erase their mistakes (Wade Redden, Scott Gomez, Rick DePeitro anyone?). The only people who don’t like it are the owners with bad GMs but either way they have to pay that cheddar.

    I do like it being called the “Gomez Rule” but I like the “Sather Rule” better as Glen Sather signed both Gomez & Redden to those horrawful contracts

  11. kingjoe1 - Feb 12, 2012 at 11:52 AM

    Goodbye Chris Pronger. Hello Shea Weber.

    Would the Penguins buyout Crosby? What about the Caps and Ovekchin?

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