Yesterday, we wrote about the growing possibility that the NHL may consider bringing back at least one compliance buyout for teams. The speculation is due to the lost revenue with a truncated season causing the salary cap not rise to $84M and stay stagnant at $81.5M. That would put a tremendous strain on teams like the Rangers and their ability to re-sign all their RFA’s.
The Rangers and Compliance Buyouts
A compliance buyout is basically debt forgiveness by the league. It will allow a team to buyout a contract with zero cap penalties. In a recent article on Sportsnet by Luke Fox he noted that the last time the NHL allowed two compliance buyouts after 2012-13 lockout, 28 players were bought out.