Sometimes with good teams up against the cap, somone gets screwed. This what happened here. When the ceiling can't budge, nothing to do but try to force a trade. Obviously the player didn't want to go that route, but there's no mistaking what happened here. I'm sure Kuch, no matter what you read, no matter what sound bites he gives about being able to focus on hockey now, is not thrilled today. He lost about $5 mil minimum today by my estimates. He's essentially playing for free for one season.
I definitely commend the player for not attempting to force a move via holdout. There are times to hold out, but this wasn't it. He's got a team close to the Cup, so he appears to really want to win by agreeing to this.
For those saying he'll make it up in 3 years...that's not a lock. Is Tampa going to add an additional $5 mil to just make up for it? No way, they'll pay him his market value, so he won't make it up, that money is gone. He could also get hurt and never sign another contract. Stuff happens.
Fascinating situation to follow. The fans and the franchise made out like bandits today, so well done for that Bolts fans!