Dec 28, 2012, 3:06 PM EDT
Unless the NHL ends up pulling its latest CBA offer from the table, it appears there will be some form of compliance buyouts to help the transition to a lower salary cap in 2013-14.
Under the league’s new proposal, each team would be allowed one buyout that wouldn’t count against the cap; however, the money would come out of the players’ share (which the union may take issue with).
The NBA put a similar clause in its recently signed CBA. Notably, the “amnesty” provision allowed the Magic to bid adieu to Gilbert Arenas and the Knicks to rid themselves of Chauncey Billups’ contract (so they could afford Tyson Chandler).
Compliance buyouts will be most welcomed by the NHL’s big spenders. The league reportedly wants a $60 million salary cap next season (which again, the union may take issue with), significantly lower than the current $70.2 million.
Among the potential buyout candidates:
Buying out players with long-term contracts is less likely, as those players will still need to be paid their salaries according to the buyout formula. (Unless there’s some sort of exception that allows a team to assume part of the salary of a bought out player.)
- NHL looking into Quenneville’s ‘grabby’ gesture from Game 1 31
- Getzlaf to play Game 2, looks awful 15
- Video: PHT Extra — can Detroit exploit Boston’s blueline? 9
- Sharks go on the attack, defeat Kings in Game 1 16
- Avalanche win in OT, complete third-period comeback 56
- Blues prevail in longest game in franchise history as Steen scores in third OT 23
- Video: Sharks’ Brown runs Voynov into Quick, scrum ensues 2
- Opportunistic Rangers pull away from Flyers, take 1-0 series lead 63
- WATCH LIVE: Minnesota Wild at Colorado Avalanche (Game 1) 1
- WATCH LIVE: Chicago Blackhawks at St. Louis Blues (Game 1) 1