Jan 6, 2013, 8:50 AM EDT
NHL clubs will have to adjust to a $64.3 million salary cap in 2013-14 as part of the tentative new CBA, but they will each get two amnesty buyouts to help them through the transition, according to CP’s Chris Johnston and Sportsnet’s Nick Kypreos.
The debate on which players will be bought out will start immediately, but teams don’t need to rush to a decision. NHL franchises will be allowed to use the buyouts starting this summer and they will also have the opportunity to exercise them during the 2014 off-season. They can buy out two players simultaneously or spread them out if they wish.
The players bought out will still receive two-thirds of what’s left on their contract, but those costs will not count towards the salary cap. However, they will still count towards the players’ share of hockey-related revenues.
Given that the first amnesty buyout period won’t start until this summer, some potential candidates will have the opportunity to try to avoid that fate by performing admirably during the shortened season.
Oh, and FYI…
those asking, Bill Daly confirmed you CANT use the compliance buyouts on players who have LTIR status, such as Chris Pronger.—
Tim Panaccio (@tpanotchCSN) January 06, 2013
Mar 26, 2015, 11:30 PM EDT
Winnipeg grabbed a big win today, too.
Mar 26, 2015, 10:16 PM EDT
A tough win turned into a bitter OT loss.
Mar 26, 2015, 10:13 PM EDT
Will anyone else join them tonight?
Mar 26, 2015, 9:48 PM EDT
The real winners might be the Edmonton Oilers.
Mar 26, 2015, 9:12 PM EDT
Not a great night for Ottawa.
Mar 26, 2015, 8:58 PM EDT
Update your save of the year highlight packages.
Mar 26, 2015, 8:48 PM EDT
He seems OK after that tough, 2-on-1 check.
Mar 26, 2015, 8:41 PM EDT
Three goals allowed in 20 minutes by Detroit’s embattled starter.
Mar 26, 2015, 8:23 PM EDT
The Rangers forward felt encouraged by this latest step.
Mar 26, 2015, 7:03 PM EDT
He’s lining up with Brad Marchand and Patrice Bergeron to start.
Mar 26, 2015, 6:37 PM EDT
A Vladimir Tarasenko hit shook him up on Tuesday.
Mar 26, 2015, 5:40 PM EDT
Vermont power forward was the club’s third-round pick in 2011.
Mar 26, 2015, 4:56 PM EDT
Featuring Erik Karlsson, Marc Methot and a guest appearance from Curtis Lazar.
Mar 26, 2015, 4:37 PM EDT
The 43-year-old has been a big influence on his young linemates.
Mar 26, 2015, 4:09 PM EDT
Granted, they have to make them first.
Mar 26, 2015, 3:44 PM EDT
Bruce Boudreau continues to “experiment” on defense.
Mar 26, 2015, 3:20 PM EDT
“Hopefully we realize that, come together and allow this group to stay together.”
Mar 26, 2015, 2:44 PM EDT
An interesting comment from his agent.
Mar 26, 2015, 2:14 PM EDT
News and notes from around the crease…
Mar 26, 2015, 1:57 PM EDT
“We are all thinking the same way and going the same direction.”
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