Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Signing] Flames sign Michael Stone to 1 year deal ($700k)

SuperMatt18 · 09-11-2019, 02:33 PM

Sooo I thought this wasn't allowed in the CBA...

So Stone was due to get paid $3.5M this season.

We bought him out at a hit of ~$1.2M this season and next. Then re-sign him for $700k.

So we end up saving $1.6M this year, to take on a hit of $1.2M next year.

Interesting piece of business.

09-11-2019, 02:33 PM	#5
SuperMatt18 Franchise Player Join Date: Feb 2007 Location: Calgary, AB Exp:	Sooo I thought this wasn't allowed in the CBA... So Stone was due to get paid $3.5M this season. We bought him out at a hit of ~$1.2M this season and next. Then re-sign him for $700k. So we end up saving $1.6M this year, to take on a hit of $1.2M next year. Interesting piece of business. Last edited by SuperMatt18; 09-11-2019 at 02:36 PM.