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
Jul 7, 2015, 4:07 PM EDT
Backes and Schwartz have one season left on their contracts.
Jul 7, 2015, 2:38 PM EDT
Was most recently an assistant under Randy Carlyle in Toronto.
Jul 7, 2015, 1:09 PM EDT
Coming off a 37-goal season.
Jul 7, 2015, 1:08 PM EDT
“He’s a reliable depth forward who we know is capable of contributing offensively at either level.”
Jul 7, 2015, 12:41 PM EDT
It’s been a long negotiation.
Jul 7, 2015, 11:59 AM EDT
Stepped in to play the final four games of the Stanley Cup Final.
Jul 7, 2015, 10:41 AM EDT
Milwaukee is trying to get a new arena built.
Jul 7, 2015, 10:05 AM EDT
Jarmo Kekalainen brings a local boy into the organization.
Jul 7, 2015, 9:00 AM EDT
“He’s obviously a great talent.”
Jul 7, 2015, 8:00 AM EDT
In ESPN’s The Body Issue, of course.
Jul 6, 2015, 11:22 PM EDT
“It happened pretty fast. All of a sudden two fingers are not working.”
Jul 6, 2015, 9:59 PM EDT
25-year-old defenseman struggled mightily last season.
Jul 6, 2015, 8:48 PM EDT
Connor McDavid’s running mate in Erie was the OHL’s leading scorer last season.
Jul 6, 2015, 7:25 PM EDT
Quebec City and Las Vegas have already expressed interest.
Jul 6, 2015, 6:08 PM EDT
Russian forward is coming off a solid rookie campaign.
Jul 6, 2015, 5:48 PM EDT
It’s now a crowded crease in Edmonton.
Jul 6, 2015, 5:26 PM EDT
For the third straight year.
Jul 6, 2015, 4:29 PM EDT
That’s him in the blue shirt, standing next to ex-NHL goalie Dan Cloutier… who is 6’1.
Jul 6, 2015, 3:13 PM EDT
Spent last year with Colorado’s AHL affiliate.
Jul 6, 2015, 2:37 PM EDT
Click for all the cap hits.
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- Blackhawks extend TVR through 2017-18 3
- Good start: McDavid scores five in Oilers scrimmage 27
- Caps ink Kuznetsov to two-year, $6 million extension 9
- Bruins sign three — Hayes, Connolly, and DeFazio 12
- Babcock expects Kadri to be ‘an elite player’ 15
- No expansion bid expected from Kansas City 37
- Leafs sign Matthias — one year, $2.3 million 17
- Report: Kopitar, Kings in ‘early stages of negotiations’ for extension 12
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 15