Guest Low Roller Posted June 9, 2011 Report Share Posted June 9, 2011 The buyout window is coming up (June 15th-30th), and there are a bunch of terrible contracts out there that are prime for a buyout (Chris Drury).Capgeek.com has a cool Buyout Calculator tool which is fun to play with. Link to comment Share on other sites More sharing options...
Hal Johnson Posted June 9, 2011 Report Share Posted June 9, 2011 Scott Gomez buyout from CapGeek.com â– 2011-12: $1,801,587 â– 2012-13: $3,801,587 â– 2013-14: $4,801,587 â– 2014-15: $1,944,444 â– 2015-16: $1,944,444 â– 2016-17: $1,944,444 Link to comment Share on other sites More sharing options...
Hal Johnson Posted June 9, 2011 Report Share Posted June 9, 2011 ..and the Caps should consider this:Nicklas Backstrom buyout from CapGeek.com â– 2011-12: $1,829,630 â– 2012-13: $1,829,630 â– 2013-14: $1,829,630 â– 2014-15: $1,329,630 â– 2015-16: $1,329,630 â– 2016-17: $829,630 â– 2017-18: $329,630 â– 2018-19: $329,630 â– 2019-20: -$170,370 â– 2020-21: $1,129,630 â– 2021-22: $1,129,630 â– 2022-23: $1,129,630 â– 2023-24: $1,129,630 â– 2024-25: $1,129,630 â– 2025-26: $1,129,630 â– 2026-27: $1,129,630 â– 2027-28: $1,129,630 â– 2028-29: $1,129,630 Link to comment Share on other sites More sharing options...
Guest Low Roller Posted June 9, 2011 Report Share Posted June 9, 2011 Think of the cap savings in 2019-2020! Link to comment Share on other sites More sharing options...
rubberdinghy Posted June 12, 2011 Report Share Posted June 12, 2011 So does that mean Backstrom has to PAY the Caps $170,000 in 19/20? hahahha Link to comment Share on other sites More sharing options...
Guest Low Roller Posted June 13, 2011 Report Share Posted June 13, 2011 They still have to pay him his buyout salary, but because of the calculations used for determining the cap hit for a buyout contract, the cap hit ends up being negative. (check out Capgeek for the full breakdown). Link to comment Share on other sites More sharing options...
Guest Low Roller Posted June 17, 2011 Report Share Posted June 17, 2011 According to Bob McKenzie, any player that will be bought out tomorrow has to be placed on unconditional waivers today at noon. The hot rumour going around was that the Rangers were going to buy Chris Drury in order to bring in Richards, however that idea may now be quashed due to an injury to Drury. Link to comment Share on other sites More sharing options...
Guest Low Roller Posted June 30, 2011 Report Share Posted June 30, 2011 Souray is getting bought out. $4.5M cap hit for this year becomes:2011-12: $2,400,0002012-13: $1,500,000 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now