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
Aug 3, 2015, 11:00 PM EDT
The squads will feature players that were part of either organization from 1996-2002
Aug 3, 2015, 9:45 PM EDT
He’ll be fighting to be seen as the team’s third-string goaltender.
Aug 3, 2015, 8:15 PM EDT
He’s already improved the perception of the franchise, but will he have that kind of impact long-term?
Aug 3, 2015, 6:45 PM EDT
He’ll have a tough time maintaining a top-six role though.
Aug 3, 2015, 5:15 PM EDT
Despite all the splashy moves, patience likely will be needed.
Aug 3, 2015, 3:46 PM EDT
It’s another arbitration win for Ottawa.
Aug 3, 2015, 3:15 PM EDT
Pondering a rebuilding process that took a leap.
Aug 3, 2015, 2:07 PM EDT
Perhaps you can broaden this to “keeping the puck out of their net.”
Aug 3, 2015, 1:00 PM EDT
The league estimates such a process could cost about $13.5 million.
Aug 3, 2015, 11:57 AM EDT
In all likelihood Jack Eichel is going to make the team, but what about Buffalo’s other second overall pick?
Aug 3, 2015, 10:42 AM EDT
This is his chance to prove he’s a real No. 1 goalie.
Aug 3, 2015, 10:17 AM EDT
Ron DeGregorio rounded out the group.
Aug 3, 2015, 9:00 AM EDT
The worst should be behind them.
Aug 3, 2015, 8:00 AM EDT
Monday’s collection of links.
Aug 2, 2015, 9:00 PM EDT
Is his poor Game 7 record reflective of anything?
Aug 2, 2015, 7:30 PM EDT
In other words, how much longer will Corey Perry, Ryan Getzlaf, and Ryan Kesler stay at the top of their game?
Aug 2, 2015, 6:00 PM EDT
His newly signed two-year deal is an opportunity for
Aug 2, 2015, 4:30 PM EDT
He’s got the size and skill to potentially make an impact.
Aug 2, 2015, 3:00 PM EDT
Andersen, Gibson & Khudobin have a combined 27 Stanley Cup playoff games on their resume.
Aug 2, 2015, 1:31 PM EDT
Will all of them play in 2015-16?
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