hockeywiz542
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- May 26, 2008
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http://www.nypost.com/p/sports/rangers/buyout_set_for_redden_LNwnmMHmIfPDSzinwPqerI
Players in the minor leagues (or Europe) did not count against the cap in the expired collective bargaining agreement. The new agreement tacks on cap costs for players in the AHL on one-way contracts.
With compliance buyouts originally unavailable until after this season, the Rangers had asked Redden to remain home rather than play in the AHL and risk an injury that would prevent the club from exercising the postseason buyout.
The NHLPA, which had been part of the conversation, joined more actively when the Canadiens made the same request of Scott Gomez. With the possibility of a union grievance looming, the NHL and NHLPA yesterday completed adoption of the “accelerated†mechanism.
Teams have two compliance buyouts available between now and the end of June 2014. As designed, postseason buyouts will not count against the cap.
The Bruins, Panthers, Senators and Maple Leafs have indicated at least some preliminary interest in Redden. The Rangers’ cap charge will not be affected if Redden plays in the league this year.
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