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 11, 2014, 2:26 AM EDT
It was mostly a night of disappointments
Mar 11, 2014, 1:15 AM EDT
“We need to be men.”
Mar 11, 2014, 12:39 AM EDT
It just keeps getting worse.
Mar 11, 2014, 12:29 AM EDT
It’s an MCL injury, according to Patrick Roy.
Mar 10, 2014, 11:29 PM EDT
It’s also his first point since Jan. 10.
Mar 10, 2014, 10:14 PM EDT
At least they have Ales Hemsky.
Mar 10, 2014, 9:57 PM EDT
The Stars say he’ll undergo extensive testing.
Mar 10, 2014, 9:44 PM EDT
Washington carried much of the play.
Mar 10, 2014, 9:29 PM EDT
Both teams have games on Tuesday.
Mar 10, 2014, 9:08 PM EDT
Lindy Ruff says he’s OK.
Mar 10, 2014, 8:09 PM EDT
Mar 10, 2014, 7:55 PM EDT
He was last seen at practice in Saginaw, Mich.
Mar 10, 2014, 6:38 PM EDT
Nathan MacKinnon slides into his center spot vs. Winnipeg.
Mar 10, 2014, 5:26 PM EDT
Canucks GM pens letter to ticket holders.
Mar 10, 2014, 5:14 PM EDT
Click for a video explanation.
Mar 10, 2014, 4:33 PM EDT
All the latest from the blue paint…
Mar 10, 2014, 4:14 PM EDT
Dallas seems to be a good fit for the 22-year-old former Bruin.
Mar 10, 2014, 4:00 PM EDT
“We have to keep scoring goals. We have to keep playing this way,” said Adam Henrique.
Mar 10, 2014, 2:56 PM EDT
He meant he doesn’t want to be traded.
Mar 10, 2014, 2:37 PM EDT
Fire up the comments section!
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