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Thread: Why Kevin Shattenkirk Will Soon be Rangers Salary-Cap Casualty

  1. #121
    Russian Meddling BSBH Rookie
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    https://www.dkpittsburghsports.com/2...guins-faq-tlh/
    A buyout allows the team to greatly reduce the salary cap hit of a player, but the period of time in which a player's contract remains on the books after a buyout is increased. The percentage of salary a team is still responsible for after a buyout depends on the player's age at the time of the buyout.

    HOW IS THE IMPACT OF A BUYOUT CALCULATED?

    If a player is older than 26, the team is still responsible for two-thirds of the remaining salary. If a player is younger than 26, the team is only responsible for one-third. Full signing bonuses are still paid out in any case.

    To be clear: That is salary. Straight cash. Not the salary cap hit. That's calculated differently.
    https://www.capfriendly.com/buyout-faq
    Teams are permitted to buyout a players contract to obtain a reduced salary cap hit over a period of twice the remaining length of the contract. The buyout amount is a function of the players age at the time of the buyout, and are as follows:

    1/3 of the remaining contract value, if the player is younger than 26 at the time of the buyout
    2/3 of the remaining contract value, if the player is 26 or older at the time of the buyout

    As explained above, the buyout is spread out over a period of twice the remaining length of the contract. The team still takes a caphit, and the caphit by year is calculated as follows:
    Lias Andersson for #AJT2019

  2. #122
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    You were right, Josh. I would rep you but you dont like Putin

  3. #123
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    Well so much for that.

  4. #124
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    Quote Originally Posted by CCCP View Post
    You were right, Josh. I would rep you but you dont like Putin
    Post of the week!!!

  5. #125
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    Quote Originally Posted by CBrowningPI View Post
    Does anyone think Kreider might get traded?
    im thinking they do nothing with him. let him step it up in a contract year. if the team is not playoff bound, flip him at the deadline. if they are let him be a part of the run.

    if you lose him for nothing, wtf... if panarin and tavares were let go for free, what are you really going to gain in a kreider trade.
    Acqua in bocca

  6. #126
    Senior Member Mite Division tphilly5's Avatar
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    Agree with this. Problem is it worth it to keep Kreider until the deadline when we would have to live with a buyout for 4 years. If a trade package now is close to what value would be at deadline it might just be best to do it now. I like the idea of $25m in cap space in a couple years when this team should be ready to make a serious run.

  7. #127
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    Quote Originally Posted by Slobberknocker View Post
    im thinking they do nothing with him. let him step it up in a contract year. if the team is not playoff bound, flip him at the deadline. if they are let him be a part of the run.

    if you lose him for nothing, wtf... if panarin and tavares were let go for free, what are you really going to gain in a kreider trade.
    They flat out said they didn't want to do that.

    Doesn't mean they won't, but they said as much.

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