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Phil Kessel traded to Pittsburgh, per Kypreos.

Kapanen, Harrington and a pick reportedly the return for Kessel. Wonder how much salary retained.

And live coverage of free agency has ground to a halt as the talking heads discuss Kessel....

Draft pick in Kessel deal has been confirmed as a 1st rounder.

leaves retain 15% of Kessel's deal. $1.2M per year cap hit until 2022.

So if I got this right:

Kessel (15% retained), Biggs, Erixon, 2nd FOR Spalling, Kapanen, Harrington, 1st, 3rd.


leaves are carrying about $8.5M in dead space (Horton, Kessel, Gunnarson, Gleason)

Boston trades Reilly Smith and Marc Savard to Florida for Jimmy Hayes.

The "retired" contracts continue to move!

Trading these injured and done players is pure cap circumvention and even though legal I can't imagine Bettman being happy. I known I'm not. It makes a mockery of things.

Hockey Widow wrote:Trading these injured and done players is pure cap circumvention and even though legal I can't imagine Bettman being happy. I known I'm not. It makes a mockery of things.

what in 6 years or so? we'll have holdout.

Hockey Widow wrote:Trading these injured and done players is pure cap circumvention and even though legal I can't imagine Bettman being happy. I known I'm not. It makes a mockery of things.

Is Chris Pronger the first under-contract player to enter the Hall of Fame?

You say that now Wids....

But when Luongo retires and Linden conjures up a way to deal the Luongo recapture "tax" to (insert small market club _______)

You won't be barking then.

BladesofSteel wrote:You say that now Wids....

But when Luongo retires and Linden conjures up a way to deal the Luongo recapture "tax" to (insert small market club _______)

You won't be barking then.

Absolutely right I won't be. And if that happens I hope the Canucks do try and move the cap recapture. The difference is, he isn't under contract with the Canucks so they can't trade his rights.

If I was with the NHLPA I'd be pissed too. This helps teams get to the cap floor but does not add jobs nor increase salaries.

They can't trade the recapture tax. That is attached to the team that received cap benefit from the front loaded contract years.

Vancouver could trade the salary portion they retained in the Luongo deal, but cap recapture if he were to retire is stuck with them.

Topper wrote:They can't trade the recapture tax. That is attached to the team that received cap benefit from the front loaded contract years.

Vancouver could trade the salary portion they retained in the Luongo deal, but cap recapture if he were to retire is stuck with them.

Yup, why Lu is down south, in retirement country.

St Louis is retiring.

I hear Stevie Y slowly clapping.

You'd think the Rags could have gotten a 3rd for his negotiating rites, no wonder Sather stepped aside.