01-09-2013, 09:26 PM #21
I will not claim to be 100% sure, so if I am wrong - someone please correct me.
My understanding is that Tim Thomas walking away from the deal - like a retired player might - means that the Bruins do not pay him a cent. As long as he's refusing to honour the contract (whatever his reasons) they can suspend him, and not pay him.
But, like a retired player, they are on the hook for 100% of his cap hit. That's 5 million they're handcuffed on, and can't spend on actual players.
The solution seems simple to me: Trade him to Phoenix / Columbus / Florida / Dallas / whomever will give you the best return. Bruins get rid of the deadweight on their cap.... and the other team gets to save 5 million in real dollars against the salary cap floor this year.
(**** Its not actually 5 million though. Cap hit, like salaries, will be pro-rated over a 48 game schedule ****)
01-09-2013, 11:30 PM #22
01-11-2013, 07:27 PM #23
Surprisingly, when it comes time for these things to take effect, it is my understanding that the only player the Leafs might consider it with is the last year on Mike Komisarek. I believe Tim Connolly will be out of his contract by then, which is why I didn't name him. Dion's making more than he should, but they'll never buy him out.