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Report: Canadiens will buy out Scott Gomez’s contract

May 2, 2012, 9:16 AM EDT

Scott Gomez AP

One potential issue for new Canadiens GM Marc Bergevin will be what to do with Scott Gomez.

The 32-year-old forward has two years remaining on his contract and a massive cap hit ($7.3 million) without the production to match it. Louis Jean of Sportsnet hears from a source, Dave Morrisette of Le Match in Quebec, that Montreal’s plan for Gomez will be to buy him out of his deal this summer.

Gomez’s buy out price will be stiff. Under the current CBA, buying out a veteran player means taking two-thirds of their cap hit and paying it out over twice the length of the remaining years on the deal. What might be worse than paying Gomez to play poorly for you for the next two seasons? Having a gnarly cap hit for the next four years while he plays for someone else.

According to CapGeek.com, buying out Gomez means having a cap hit of just over $3.5 million on the books this season followed by a hit of over $4 million next season with two more seasons at $1.67 million just going to waste.

Those are some ugly numbers but with a new CBA on the way, you wonder if Montreal will hold off on buying out Gomez right away because the rules will be different. There’s the chance there will be amnesty buyouts (meaning no cap hit punishment) as well as the possibility that burying contracts in the AHL won’t be allowed anymore. I hope no one told Bergevin the job would be easy.

  1. jerryball22 - May 2, 2012 at 9:50 AM

    thanks for ryan mcdonagh

    • bloggersarenotjournalists - May 2, 2012 at 12:15 PM

      LOL

  2. cruuuzcontrol - May 2, 2012 at 10:16 AM

    Thanks for McDonagh, suckers!!!

  3. BarberPoleBlog - May 2, 2012 at 10:55 AM

    Not sure (and as a Habs fan I hope) that this report is true. For a team as rich as Montreal, it doesn’t really make sense to buy him out and deal with the cap hit when they could afford to bury him in the minors like the Rangers did with Wade Redden. Bob McKenzie’s twitter feed expands on this in-depth.

    Buying out Gomez’s contract, of course, is the dumbest thing any organization could possibly do in a salary cap world. Here’s why:— Bob McKenzie (@TSNBobMcKenzie) May 2, 2012

    • BarberPoleBlog - May 2, 2012 at 10:57 AM

      Awkwardly worded comment, I meant to say that I hope this report turns out to be false, for the reasons alluded to by McKenzie.

  4. jason9696 - May 2, 2012 at 12:02 PM

    That has to be one of the worst contracts in NHL history.

  5. mclovinhockey - May 2, 2012 at 12:02 PM

    I agree with barber. No smart organization would do this. Send him to europe or the minors and call it a day. I guess the minors would be nicer so a team could pick him up if they need the contract to stay above the cap like the preds almost did this year.

  6. jason9696 - May 2, 2012 at 12:27 PM

    Whatever happened to Wade Redden by the way? Is he still playing for the Rangers farm team?

    • DED - May 2, 2012 at 2:28 PM

      Wade Redden is still playing for the Connecticut Whale in the AHL.He had 4 G and 16 A through 49 games. His +/- was -8. The team is currently in the second round of the playoffs. He had one assist in the first round (a best of 5 that was settled in 3 games).

      That was probably more info than you wanted to know. ;-)

      • jason9696 - May 2, 2012 at 2:43 PM

        Thanks for all the info.

        He was making too much money for the Rangers a few years ago. So they put him in the minors so his contract wouldn’t go against the Rangers cap space right? If that’s the case, the Canadiens should do the same thing with Gomez instead of buying him out.

  7. stakex - May 2, 2012 at 12:33 PM

    I think until there is a new CBA in place, its impossible to guess what Montreal will do with Gomez. The one thing we know for sure is that he won’t be playing for Montreal next season at a cost of $7.5 million, but with all the unknowns surrounding the new CBA I can’t see them doing anything until its in place.

    After all, wouldn’t Montreal look really dumb if they bought him out before the CBA was finished, and there ended up being an amnesty period?

  8. quonce - May 2, 2012 at 12:37 PM

    Shocked!

    Signed,
    No one

  9. lsxphotog - May 2, 2012 at 12:51 PM

    He was never good enough to deserve this contract in the first place…he was never a goal scorer but they expected him to be…he played with excellent play makers and fed them goals so he racked up assists. On the Habs, he has no chemistry and now you see the real Gomez – a third line player if that. Take away his skilled linemates and you have an average player.

    • stakex - May 3, 2012 at 12:58 AM

      Yeah that contract is a good old Sather special. He did the same thing with Drury that year… signing both of them the same day. Neither one was a big time goal scorer, but thats what they were expected to be with the Rangers. It was an awful mistake then, and it looks even worse now.

      With that said, Gomez does have a place for the right price. He has speed, and he can make plays… just not $7.5 million worth of speed/play making.

  10. superross - May 2, 2012 at 8:11 PM

    You’re welcome from McDonagh. That trade probably saved Sathers job in New York! Hopefully our new front office will make better decisions!

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