Quote:
Originally Posted by jroc
With a contract like Hossa's, would it almost be better to buy him out in the last few years of his contract, rather than letting him retire and have a larger cap recapture penalty?
Anyone have the insight on what the math would look like in those 2 scenarios?
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Using the CapGeek buyout calculator, if the Hawks were to buyout Hossa in the summer of 2017 (when his salary drops to $1M/season), he would still have a cap hit of $4.6M for the final four seasons of his contract, then an additional $333,333 cap hit for the following four seasons.
Using the CapGeek Cap Benefit Recapture calculator, if Hossa were to retire in 2017 without being traded by Chicago, the cap penalty would be $4.275M for the final four seasons of his contract.
So, it's better Chicago for him to retire early than it is to buy him out, although both scenarios will suck for the Hawks.