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 ChrisJohnston 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.
The New York Rangers are likely too far behind the Washington Capitals to take any legitimate run at the Atlantic Division down the stretch.
But winners now of four straight, the Rangers have opened up a bit of a gap between them and other Eastern Conference teams in the playoff race. New York scored a 3-0 win over the Pittsburgh Penguins, winners in six of their last seven games, on Wednesday.
“Now, ultimately what they’re hoping from a Wideman perspective and the Players’ Association is that commissioner Gary Bettman will rule and he will reduce the number of games suspended down from 20,” said Dreger during a segment on NBCSN.
“Is he going to reduce it by three games? Five games seems a bit of a stretch. And when might he do that? There’s no timeline on this.”
7 hours of back and forth legal speak…otherwise known as the Wideman appeal has concluded in NYC.
Matt Frattin was traded by the Leafs to Ottawa yesterday as part of the Dion Phaneuf blockbuster.
But for now, he’s staying in Toronto.
On Wednesday, Sens GM Bryan Murray announced that Frattin will remain with the Leafs’ AHL affiliate — the Toronto Marlies — on loan, but will be available for selection should Ottawa require his services down the road.
Frattin, 28, has spent all of this season with the Marlies, scoring nine goals and 22 points in 47 games. His last NHL appearance came during the ’14-15 campaign, with the Leafs.
Prior to that, the former North Dakota standout had spent time in Los Angeles and Columbus.