Jan 6, 2013, 8:50 AM EST
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
Jan 30, 2015, 12:17 AM EST
Head coach Mike Yeo said he earned that goose egg, too.
Jan 29, 2015, 11:47 PM EST
So much for some rest for Frederik Andersen.
Jan 29, 2015, 11:17 PM EST
Two youngsters change teams.
Jan 29, 2015, 10:22 PM EST
A bit of a statement from Tampa Bay?
Jan 29, 2015, 9:51 PM EST
A bitter game at times.
Jan 29, 2015, 9:44 PM EST
Oliver Ekman-Larsson catches him sleeping.
Jan 29, 2015, 9:33 PM EST
Another strong game on NBCSN.
Jan 29, 2015, 8:49 PM EST
Nice applause in his return to Ottawa.
Jan 29, 2015, 8:19 PM EST
Jan 29, 2015, 7:12 PM EST
To some extent, it was about staying closer to the game.
Jan 29, 2015, 6:17 PM EST
Bask in a budding rivalry.
Jan 29, 2015, 5:28 PM EST
The first of a Thursday night doubleheader on NBCSN.
Jan 29, 2015, 4:36 PM EST
The Coyotes and Canucks, that’s who.
Jan 29, 2015, 3:36 PM EST
In the wake of the controversial injury to Derek Dorsett.
Jan 29, 2015, 3:29 PM EST
News and notes from around the crease…
Jan 29, 2015, 3:07 PM EST
Hopefully he can stay healthy this time.
Jan 29, 2015, 2:45 PM EST
“Consistency is still a word that we use constantly around here, bringing it all the time, and being emotionally attached to the games.”
Jan 29, 2015, 2:21 PM EST
Just months after COO John Collins said that jersey sponsorship “is coming” to the league.
Jan 29, 2015, 2:06 PM EST
“We’ve gotten better, and we’ve got to keep getting better.”
Jan 29, 2015, 1:51 PM EST
But the reigning Stanley Cup champs will have to share the stage with another L.A. team.
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