View Single Post
Old 05-19-2018, 03:43 PM   #201
sureLoss
Some kinda newsbreaker!
 
sureLoss's Avatar
 
Join Date: May 2004
Location: Learning Phaneufs skating style
Exp:
Default

Quote:
Originally Posted by Canada 02 View Post
bump

Hossa to retire; Hawks will be hit with a $4.275 M cap recapture penalty for the next 3 years

https://www.tsn.ca/report-blackhawks...lems-1.1089947
I don't think he is "officially" retiring. He is just telling everyone he will not play anymore.

He will stay on LTIR until the contract runs out so the Blackhawks will avoid the recapture penalty and can use the LTIR rules to exceed the salary cap.

https://chicago.suntimes.com/sports/...er-is-over/amp

Quote:
“I will not play hockey anymore,” Hossa told Novy Cas.

That doesn’t mean Hossa is officially retiring. He can’t, not without slapping the Hawks with significant recapture penalties that would greatly affect their salary cap moving forward. Hossa will live out the last three years of his contract in Slovakia — he recently put his Gold Coast condo up for sale — before, he hopes, he returns to Chicago in another capacity. He told the Slovakian paper that he’s already discussed a future job in the organization.

The Hawks did not respond to a request for comment, and Hossa could not be reached. The team likely will avoid officially commenting on the end of Hossa’s career until his contract expires, or until they move it to another team.
sureLoss is offline   Reply With Quote