So, cap geeks, please correct me if I'm wrong, but if the Flyers buy someone out to make room, and that someone is entering the last year of his contract, doesn't this leave the Flyers on the hook for half and the new team on the hook for the other half?
I think there is another payment schedule that is an alternative to this, but either way, it requires the new team to pay half to the player.
The reason I'm asking is that I was just thinking that instead of trading, we should see if they buy out Lilja. We could have him back for around... whatever half of 737.5k is. Not to shabby for a veteran dman.
Yes, 2007 was brutal, but remember that we lost that game in OT only because he scored the only goal in the game to take it to OT. Then he started improving.
At his age, he'd probably be there to push the kids along and be the go-to guy in case of injury. In essence, he'd be replacing Janik, but at a lower salary.
Just a thought. I look forward to capologists correcting/ informing me. I love learning about this stuff.
If a player is bought out his former team is responsible for 2/3 his contract if he is older than 26 or 1/3 of his contract if under 26. The team then takes a cap hit for twice the amount of time remaining on the contract. Calculating the actual cap hit is complicated you can read about it here
Using Eaves as an example, he's getting 1.2 million a season from the Wings on his new deal and still receiving a portion of his salary from Boston on top of it.