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Trying to Move Around the Money
by Alanah McGinley on 01/16/09 at 04:07 PM ET
Comments (2)
From Ken Campbell at The Hockey News:
With Gerber’s current cap hit at $3.7 million, he is virtually untradeable for the Senators. Let’s say, for the sake of argument, the Senators could find a team looking for some goaltending depth for the last two months of the season. Any team wanting to trade for Gerber would owe him $1.4 million for the remainder of the season if it made a deal Feb. 1.
And there’s absolutely no way any team is going to commit that kind of cap space to Gerber. But what if the Senators were willing to pick up half - or more - of the remainder of the contract? Then Gerber might be a more viable option.
The only problem is that isn’t allowed under this collective bargaining agreement.
Filed in: NHL Teams, Ottawa Senators | KK Hockey | Permalink
Tags: cba, martin+gerber, salary+cap,
Comments
Except the Sens could eat half of Gerber’s salary if they placed him on re-entry waivers and he was claimed.
Posted by James Mirtle from Toronto on 01/16/09 at 05:01 PM ET
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I think Brian Burke suggested this sort of trade-facilitator mechanism probably two years ago, but not enough people like Burke enough to admit it’s a decent idea.
Posted by Earl Sleek from Anaheim, CA on 01/16/09 at 04:17 PM ET