Originally written on NY Rangers Blog  |  Last updated 10/23/14
Philadelphia_flyers_v_d4c3
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...
MORE FROM YARDBARKER

Texas mayor postpones Halloween for Friday night football

C-USA hired PR firm to help Marshall’s playoff chances

Wilson denies rumored Harvin rift, blames media for scrutiny

Report: Cowboys could limit DeMarco Murray's touches

Lakers announce Steve Nash to miss season with back issues

Is Mack Brown the best option for SMU?

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Jeremy Kerley on new contract: 'Bentleys for everybody'

Buss: Any FA who won’t play with Kobe ‘probably a loser’

NFL to start airing its own anti-domestic violence PSAs

Ex-Bronco John Boyett punched cabbie, told cops to call Elway

Former NFL QB still feels effects of concussions every day

Robert Klemko given four-week suspension from The MMQB

Would World Series win make the Giants a dynasty?

NFL teams facing potential must-win scenarios in Week 8

WATCH: Jeremy Lin poses as Adidas employee for prank

WATCH: Peyton screams at fans to 'shut the f- up!'

Father auctioning off infant son's soccer club allegiance

Love thanks T'Wolves fans in essay for not burning his jersey

WATCH: Browns WR 'kicks out' son over favorite player snub

Memorabilia dealer wants Todd Gurley reinstated immediately

Aaron Rodgers gave girlfriend Olivia Munn a 'special ring'?

The 10 college football programs with most to gain in Week 9

Most disappointing potential dynasties of divisional era

WATCH: OHL hockey coach goes off on reporter: ‘F*** you!’

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

World Series win = Giants dynasty?

NFL teams facing must-win scenarios in Week 8

Programs with a lot on the line this week

Wilson denies rumored Harvin rift

Lakers: Steve Nash out for season

Is Mack Brown SMU's best option?

Are sports leagues finally getting serious about domestic violence?

Brian Urlacher rips Jay Cutler

On Kevin Love, Kyrie Irving and embracing newfound roles

Top NFL storylines: Week 8

Kiffin's mom worried for son's safety

Report: Goodell will have to testify

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.