Larry Brooks at the New York Post gives Rangers fans a scenario that Glen Sather could use to rid the Rangers of Donald Brashear's $1.4 million cap hit this season..."...the only conceivable way Sather will be able to move Brashear is by taking back a bad contract of greater value from a low-revenue team hovering around the cap floor. The Rangers could then bury that contract in the AHL, if necessary, while gaining $1.4M in critical cap space.
The acquiring team, which would suffer no harm from carrying that cap charge through the season, could then buy out the final year of Brashear's contract for $866,667, and thus save a fair amount of cash."
The acquiring team, which would suffer no harm from carrying that cap charge through the season, could then buy out the final year of Brashear's contract for $866,667, and thus save a fair amount of cash."
Brooks cites the Islanders (Brendan Witt) and Avalanche (Tom Preissing) as potential trade partners.
Brashear's contract will count against the Rangers cap because of his over-35 contract. For more on his contract click here.
...if Sather is able to pull this off, it will be another one of his many magic acts to make up for yet another free agent blunder.
Brooks also reports Ilkka Heikkinen will be headed to Europe (thanks Larry we knew this a month ago) and John Tortorella, meanwhile, is doing well on his rehab from hip replacement surgery.
16 comments:
If we could get Witt for Brashear that would be sweet. He could actually fill a role for us from time to time and is a solid 7th d-man who could hopefully give Mcdonaugh a full year in Hartford.
witt salary is 3 mm. if we trade for him as part of dump brashear he will be moving from bridgeport to hartford. we can't afford his cap hit.
$3 million for Witt?!?!?!? Man if that doesn't sum up the Islanders.
Although, that's coming from a fan of the team that gives Redden a 6-year $36 million contract. So I guess I really can't criticize.
kevin
redden is even worse than that its 39 mm
do you still take a hit with a buyout?
also, why couldn't we just bury Brashear in the minors ourselves?
Jeez $39 million?!?!?!?
William, Rangers could bury Brashear but his salary would still count against the Rangers cap because he has an over-35 contract.
buyout does have a hit. see capgeek.com shows calc if you go to buyout calculator
yes over 35 contracts with more than 1 yr in them count against a team even if guy goes to minors, europe or retires. only don't if he goes to another nhl team via trade or waivers - regular or 1/2 price - in which case teams split the cost in case of 1/2 price waivers
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