NHL teams have no shortage of options when it comes to positioning themselves favorably with regard to the salary cap, but one of the easiest and most popular methods in recent years has been the buyout.
Although organizations no longer have the benefit of compliance buyouts, which totally eliminated cap hits, regular buyouts are still worth exploring in certain situations. According to CapGeek.org, buyouts allow teams to pay either one-third or two-thirds of a player's remaining salary, depending on their age, and it also lessens the cap hit, although it must be paid over double the amount of years remaining on the contract.
Some contracts are so restrictive that it is essentially impossible to trade them, and that is when buyouts tend to become viable.
Franchises have until June 30 to decide whether they want to pull the trigger on any buyouts, and until then, there will undoubtedly be plenty of rumors and speculation regarding players who could potentially be on the way out.
Here is a rundown of the players who are either on the verge of getting bought out or already have been bought out, as well as t ...
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Article written by Mike Chiari
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