One compliance buyout can be used now … Free agent update on Kulikov and Subban

3:40 PM:

  • Nick Kypreos via twitter: “Note on new compliance buyout agreement. Player consent needed to buy player out and player cap hit must be 3M+ Next summer reg rules apply “

3:05 PM:

  • Larry Brooks via twitter: The NHL, NHLPA and Rangers were discussing scenarios in which the Rangers could exercise a compliance buyout on Redden now with retaining the AHL cap hit.
  • Larry Brooks via twitter: There is a new agreement, and compliance buyouts can be used on Wade Redden with the Rangers taking a $5.6 million salary cap hit even if Redden signs with another team. He’ll be a UFA. This option is now available to the Canadiens and Scott Gomez, and every other NHL team.
  • Nick Kypreos via twitter: In the new compliance buyout agreement, the 1st buyout window starts prior to the season opener. The 2nd buyout remains in the summer. The cap hit will remain with the team for this season.
  • George Richards via twitter: Panthers assistant GM, Mike Santos, hasn’t spoken with Dmitry Kulikov’s agent in two days. Reports of the Panthers and Kulikov coming to terms is way off. Harvey Fialkov via twitter: Also notes that Santos and Kulikov’s agent haven’t talked in 48 hours and are not close to a deal.
  • Dennis Bernstein via twitter: P.K. Subban’s agent, Don Meehen, said on the Fan 590 that he and the Canadiens are “not close.” Meehan also referenced Taylor Hall, Jordan Eberle, Jeff Skinner and Tyler Seguin in context with the Subban deal. Those guys are in the $5 to $5.6 million range per season.
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  1. #1 by Patrick at January 15th, 2013

    Subban will never get signed if he thinks that’s what he’s worth.

    Also the Oilers should really consider buying out Horcoff now.

  2. #2 by Ryan at January 15th, 2013

    But It will save the team money next year as they only have to pay his salary this year.

    Murray should try and resign redden and bring him back to Ottawa!

  3. #3 by Fergu27 at January 15th, 2013

    Subban is not endearing himself to many followers looking for that type of money , he should take a 2 year $6 million dollar deal then actually earn a bigger contract down the road.

  4. #4 by alan66 at January 15th, 2013

    Subban is very much overrating himself as of yet. Don’t think GMs can pay big money for potential with the new cba.

  5. #5 by GoHabsGo at January 16th, 2013

    PK needs to come off his high horse. Seriously he came off the gate great but rubbed guys the wrong way around the locker room and off course in practice. Not surprised this attitude now exhibits itself in Subban wanting more than he’s worth. I say trade him – he’s worth a pretty penny IMO. Come on Subban why are you worth more than others at this stage of the game…gimme a break.

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