Richardson Placed On Waivers!

wprager wrote:

He is on a two-way deal, isn't he? Would they have to place him on waivers to send him to Bingo or is it the other way around?

The roster limit is 23 and the minimum is 20. Shannon is on the IR, so he doesn't count (yet). However McAmmond does (he only had a cold) and Fisher is back to being active. This may simply be a numbers move, the only question is why they had to waive him.

rooneypoo wrote:

RobbyJ wrote:

rooneypoo wrote:Just a reminder: Richardson's being placed on waivers doesn't do *anything at all* if no one claims him, or if we don't re-assign him to Bingo. If neither of those things happen and he clears waivers, he remains with (and part of) the team, and his salary still counts against our cap. If he retires, his salary remains on our cap, too.

As the Sun reports, it seems unlikely that he'll be claimed or accept demotion, and just might retire. That means we wouldn't get any cap relief.

It's a curious move, really, and I don't understand doing it now. Either we shouldn't of signed him in the first place, or we should have been content to let him play the role of reserve D, at full salary, all year long. If he's not claimed or retires instead of reporting to Bingo, we're still on the hook for his salary, and it still counts against the cap.

I'm confused as to why we would do this now, unless Murray knows a GM will pick him up... ?

He was on a two way so if he were sent to Bingo he could retire without affecting the cap.

I don't think so. He signed this latest deal at age 39. As far as I'm aware, when a player signs a contract after the age of 35 and then retires, the team that signed him is stuck with his cap hit. Of course, it's possible that there are some kind of exceptions made for 1-yr, 2-way deals... but I don't think so. I hope I'm wrong about that, tho'!

DashRiprock wrote:I tried to find something about it in the CBA, but did not find anything about the affect of retirement on cap hit.

Regardless, $500K is not a whole lot to worry about.

DashRiprock wrote:According to the Sun, his full intention is to retire. This is clearly his decision. The $500 K was just an extension of gratitude, to maintain his services and give him a paid position on the team. Whether or not they assign him to AHL (whether or not assigning him has an affect on his retirement to the cap hit), he will retire and join either the Bingo or Ottawa staff.

They might play some of the rumored players involved, but that might pose a huge risk if they get injured. I think most GM's know what they'd be acquiring anyways via scouting.

Phoenix30 wrote:Sportsnet states that his salary will come off the books if he clears on Friday then hartsburg would use him as a part time coach. So it frees a space and cap space.