Wade Redden’s cap hit will stay with the team even if he is sent to the minors, which is all but certain to happen unless he is claimed on waivers, and will leave them around $5 million or so in the transitional cap to fill out the rest of the team.
Redden’s cap hit will be $5.85 million, instead of $6.5 million, because the league proposal asks for the cap hit to be the difference between the players cap hit and the proposed minimum salary of $625,000.
Brooks writes that it is unnecessary for the league to make teams wait until June to use the compliance buyout as if a player they plan to buy out is seriously injured and thus made ineligible to be bought out.
Bruce Garrioch, in the Ottawa Sun, spoke with an executive who said “Not all the teams are going to like this. They’re going to have their work cut out for them if this becomes a reality,” said a league insider. “You’re going to see a lot of players on the move, with teams trying to scramble to that kind of cap.”