AlphaBravo
Registered User
These are the cap hit figures on a Richards buy out if it occurs this summer. You can see that a buy out gives Dean a lot more flexibility over the next 3 seasons than having Richards on the roster. No doubt 2018-19 and 2019-20 are ugly, but it's the cost of doing business (winning cups) at this point and the result of a bad decision last summer. Everyone knows that a trade with some salary retention is desirable. Let's see if Dean can swing a deal, but if he can't his only option is a buy out IMO.
All dollars in millions
salary cap hit savings new cap hit
2015-16 6.00 5.75 4.78 0.97
2016-17 5.50 5.75 4.28 1.47
2017-18 4.50 5.75 3.28 2.47
2018-19 3.00 5.75 1.78 3.97
2019-20 3.00 5.75 1.78 3.97
2020-2027 -1.22 1.22
total 22.00 28.75
Buyout total (2/3) $14.67M
spread over 12 yrs 1.22
I completely understand why teams don't want Richards cap hit, but if the Kings retain some salary, teams like Edmonton and Toronto should aim to get him in a trade. Those teams are clearly lacking in leadership and need someone like Richards onboard.