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RFS_90

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Dec. 3, 2018
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Colorado Avalanche
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Forum: Armchair-GMSep. 26, 2023 at 12:43 a.m.
<div class="quote"><div class="quote_t">Quoting: <b>RFS_90</b></div><div>It’s not that bury-able… maybe they throw him on waivers, and hope he gets picked up… Moving him could free up at least $200K. It also allows them to carry only one extra players and accrue cap space by using waiver ineligible players to fill in for injuries.

It’s hard to justify a nearly $1M virtually unplayable player with the cap situation the Avs have.</div></div>

What is a Buried Contract?
Teams do not receive full cap relief when a player on a one-way NHL contract is reassigned to the American Hockey League, or is loaned to a team in another professional league.
The players salary cap hit, minus the sum of the minimum NHL salary for the respective season and $375,000, still counts towards the team’s salary cap total.
The cap hit relief is therefore equal to the minimum salary of the respective season + $375,000:
2014-15: $550,000 + $375,000 = $925,000
2015-16: $575,000 + $375,000 = $950,000
2016-17: $575,000 + $375,000 = $950,000
2017-18: $650,000 + $375,000 = $1,025,000
2018-19: $650,000 + $375,000 = $1,025,000
2019-20: $700,000 + $375,000 = $1,075,000
2020-21: $700,000 + $375,000 = $1,075,000
2021-22: $750,000 + $375,000 = $1,125,000
2022-23: $750,000 + $375,000 = $1,125,000
2023-24: $775,000 + $375,000 = $1,150,000
2024-25: $775,000 + $375,000 = $1,150,000
2025-26: $775,000 + $375,000 = $1,150,000

Provided a player makes less than 1.15 million, you can send them to the AHL by placing them on waivers and have their full contract off the NHL teams cap. MacDermis makes less than 1.15 million, so if he is assigned to the Eagles, his full cap hit comes off the Avs roster.
Forum: Armchair-GMMay 16, 2023 at 4:06 p.m.
Thread: Depth
Forum: Armchair-GMJul. 30, 2021 at 2:19 p.m.
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