Jan 15, 2013, 3:05 PM EDT
Wade Redden and Scott Gomez might get a chance to play this season after all.
According to various reports, the NHL and NHLPA have agreed to open another window for compliance buyouts on contracts — one that begins now, ends before Jan. 19…and comes with a wrinkle regarding cap hits.
Teams utilizing the “accelerated cap buyout” will take their player’s entire cap hit for the 2013 season, even if the player signs with another team as a UFA.
For future seasons, the cap hit would come off the books.
This ruling is in response to situations the Rangers and Canadiens found themselves in with Redden and Gomez, respectively.
Both players are due large sums of money over the next two seasons — Redden has a $6.5 million cap hit, Gomez is at $7.35 million — and, under rules of the new CBA, neither would be eligible for a compliance buyout until the summer.
The problem, of course, was what to do with them now.
New York and Montreal were leery of letting either player suit up in the AHL for fear of injury, because injured players cannot be bought out.
The solution was a harsh but pragmatic one — Redden and Gomez were going to be sent home until the buyout period began. They’d get paid, but they wouldn’t be able to play.
Under the amended ruling, the end result is less harsh for all parties involved. The players will get a chance to revive their careers elsewhere, and teams avoid the acrimonious situation of negating someone’s ability to play hockey.
— Each team is still only permitted two compliance buyouts. TSN’s Bob McKenzie notes they have to happen before Saturday, or in the summers of either 2013 or 2014.
— Clubs will pay 100 percent of salaries on buyouts for this year, not two-thirds.
Told that Bost, Tor, Fla, Ott have expressed at least preliminary interest in Redden...—
Larry Brooks (@NYP_Brooksie) January 15, 2013
Apr 25, 2015, 6:59 PM EDT
No penalty on the play.
Apr 25, 2015, 6:10 PM EDT
He made his postseason debut in Game 4.
Apr 25, 2015, 6:03 PM EDT
Plenty of life on Long Island.
Apr 25, 2015, 5:48 PM EDT
Apr 25, 2015, 5:20 PM EDT
Keep this bounce in mind in the third period.
Apr 25, 2015, 4:58 PM EDT
He’s been ruled out of the series due to a rib injury.
Apr 25, 2015, 4:25 PM EDT
Carlson has his first of the playoffs.
Apr 25, 2015, 4:15 PM EDT
Kudos to the Cambria County War Memorial Arena in Johnstown, Pennsylvania and the Decatur Civic Center in Decatur, Illinois.
Apr 25, 2015, 3:45 PM EDT
He’ll backup for a fourth straight game.
Apr 25, 2015, 2:55 PM EDT
New York, Nashville and Vancouver are all facing elimination today.
Apr 25, 2015, 2:25 PM EDT
Both were in their first season with the hockey club.
Apr 25, 2015, 2:00 PM EDT
He helped Russia win gold last year.
Apr 25, 2015, 1:32 PM EDT
Happened on Wednesday in Vancouver.
Apr 25, 2015, 1:00 PM EDT
Bickell and Versteeg swap spots.
Apr 25, 2015, 12:25 PM EDT
“Thought it was a typo.”
Apr 25, 2015, 11:30 AM EDT
He declined an invite to the Worlds because of the injury.
Apr 25, 2015, 10:45 AM EDT
He announced his retirement from international competition nearly a year ago.
Apr 25, 2015, 10:00 AM EDT
Canucks , Preds and Islanders look to avoid elimination.
Apr 25, 2015, 12:28 AM EDT
St. Louis couldn’t capitalize on an early lead.
Apr 24, 2015, 11:30 PM EDT
Pittsburgh and Ottawa need to win to survive.
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