Found July 07, 2013 on
NY Rangers Blog:
Bad job by me yesterday in my post on the Rangers cap situation not properly pointing out how the new CBA's "Redden Rule," which is the formula used to figure out the proper cap hit for those one-way and two-way NHL contracts sent to the AHL, will affect the Blueshirts. So here it is courtesy of Cap Geek (H/T to reader Andy E.)...
BURIED CONTRACTS (Wade Redden Rule)
Money paid to players outside of the NHL counts against the cap.
A one-way contract counts against the cap as follows:
cap hit – [ minimum salary + $375,000 ]
Example: If Wade Redden plays in the minors in 2012-13, he counts as follows.
$6.5M – [ $525,000 + $375,000 ] = $5.6M
A two-way contract counts as follows:
minor-league salary – [ minimum salary + $375,000 ]
Example: Player A’s two-way contract pays $3M/$1M in 2012-13 and counts as follows in the minors.
$1M – [ $525,000 + $375,000 ] = $100,000
Using this formula, if demoted, Arron Asham's c...
BEST OF MAXIM
AROUND THE WEB
Tyler Seguin celebrating a goal (Photo Credit: Matthew Jacob)
This year’s Fourth of July celebration delivered its expected fireworks all across the U.S. However, there was an even larger explosion in Dallas, Texas and Boston, Mass, resulting in seven traded players.
Among the seven traded players, forwards Tyler Seguin and Loui Eriksson seemed to be the major reasons for the megadeal...
Boston Bruins general manager Peter Chiarelli announced Friday that the club has signed forward Jarome Iginla to a one year contract through the 2013-14 season. Iginla’s base salary is worth $1,800,000 and carries incentives of $4,200,000, for an annual cap figure of $6,000,000. “It’s a
PARTY IN THE USA
Tyler Seguin was traded by the Boston Bruins on Thursday, reportedly because the team was unhappy with his partying ways. In a wonderfully ironic twist, the youngster just so happened to throw a party the day he was traded. Numerous people tweeted about being at Seguin’s house on the Cape for a July 4 party [...]
The Bruins retained one of their top minor leaguers on Monday, signing Carter Camper to a one-year, two-way contract.
The 25-year-old center tallied 10 goals and 37 assists for Providence this season, ranking second on the team both assists and points. He added a team-leading eight goals to go along with five assists during the P-Bruins’ Calder Cup playoff run, which ended in the...
from Christopher L, Gasper of the Boston Globe,
Both the Bruins and Twitter being Seguin-free seem like good ideas right now, quick fixes to aggravating problems. But they might prove rash overreactions in the end. Professional athletes have to learn how to deal with the consequences of celebrity in the social media age and patience has to be shown with a potential franchise...
Future Hall of Fame winger Jaromir Jagr has come close to landing in Montreal before, and it might be this summer that he finally ends up donning a Habs sweater.
According to TVA Sports (via the Toronto Sun), the 41-year-old forward has interest in joining the Canadiens. The free-agent forward has always had his eye on Montreal, according to his agent, former NHL defenseman Petr...
Let's get something straight here. Jagr isn't coming to Buffalo. The move doesn't make sense for anyone. I don't see any reason why Jagr would want to come to a team that is rebuilding. He's 41. Jagr is at the age where he wants to go to a Cup contender.
There are a ton of rumors going around, especially on Twitter. Just be cautious if you're looking through...
Loui Eriksson played in too few playoff games under too many coaches with the Dallas Stars.
Now the high-scoring forward gets a chance with a more successful and stable franchise.
''The last time I was in the playoffs we went to the conference final,'' Eriksson said Monday, four days after being traded to the Boston Bruins. ''It was real fun to go that far...
The Boston Bruins have finally got their man.
According to a report courtesy NHL.com via TSN, free-agent forward Jerome Iginla has signed a deal with the team he spurned just this past season.
Jarome Iginla has agreed to a one-year, $6 million contract with the Boston Bruins, TSN reports.
The veteran right wing, who turned 36 Monday, declined a trade from the Calgary Flames to...
Jarome Iginla might have spurned the Bruins back at the trade deadline, but Boston fans will get over that quickly if Iginla can help out in a multitude of ways.
DJ Bean of WEEI expects Iginla to take Nathan Horton‘s spot on the first line with David Krejci and Milan Lucic. He also said Iginla, who was the captain for years in Calgary, could help coach up young players like Lucic...
Since his much publicized of the rug pulling job on GM Peter Chiarelli before the trade deadline when he chose to go to Pittsburgh instead, former Calgary captain and short term Penguin Jarome Iginla inked a contract today with Boston. The contract has a base salary of $1.8M with $4.2M of incentives for a total of $6M if he makes it all. The cap hit for this year will only be...
Forward Jarome Iginla has agreed to a one-year contract with the Boston Bruins, the team announced Friday. - NHL.comFlashback: During the 2012-13 NHL season, Jarome Iginla went on the trade market. Having dedicated his entire career to the Calgary Flames, the 36 year old right winger wanted to join a club with a chance to win a Stanley Cup title. With a trade already in place with...
He made the Bruins look pretty stupid in the spring but veteran forward Jarome Iginla is making the B’s look pretty damn good this summer.
The former Flame and future Hall of Famer left Boston’s Black and Gold high and dry for Pittsburgh’s Black and Gold at the trade deadline this season, despite the teams agreeing to terms on a deal that would have sent him to The Hub in exchange...
Just midnight on March 28, word came out that Jarome Iginla had been traded to the Bruins. B’s fans celebrated the news. Their team had just locked up one of the best scorers of the past 20 years, the final piece to turn the (at the time) struggling Bruins into true Stanley Cup contenders.
Then, just like that, he was gone. The original report proved to be false, as Iginla had...
from Tim Wharnsby of CBC,
Three months ago, Chiarelli thought he had a deal with the Calgary Flames to bring Iginla to Boston at the trade deadline. But faced with a decision because of his no-movement clause, Iginla instead chose to join the Pittsburgh Penguins.
We all know how that worked out. The Bruins were bitter about Iginla's decision and took out their fury with...