[News] Chicago To Buyout Montador And Olesz

[getbak]

Originally Posted by sureLoss

Even if Chicago trades him they will still face recapture penalties

I believe if they trade him and the acquiring team were to buy him out, only that team would take on any of the buyout cap hit.

[Huntingwhale]

Originally Posted by VladtheImpaler

Yeah, EE, the Hawks will just trade Hossa's right to NYI or Nashville in a few years, who will be thrilled to have him count against the cap. The Hawks are Cup contenders for the foreseeable future, and Hossa is a key part of that.

Agreed, Hossa's contract is the only decade-plus long contract that is actually worth it in the entire league IMO. Hossa is too important to buy out, and well worth the cost it might have down the road.

[Erick Estrada]

Originally Posted by getbak

I believe if they trade him and the acquiring team were to buy him out, only that team would take on any of the buyout cap hit.

I thought it was split between the teams? Pretty sure the league tried to close all the loopholes on these types of deals.

[Calgary4LIfe]

Originally Posted by Erick Estrada

I thought it was split between the teams? Pretty sure the league tried to close all the loopholes on these types of deals.

If the Hawks trade Hossa, and he retires at some point, then the cap recapture penalty would come back to haunt the Hawks.

If the team they trade him to at some point decides to buy him out 'x' amount of years later, only that team is on the hook for the cap hit. Recapture only comes into play if a player retires before the contract is up.