Avery at it yet again...

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Originally Posted by No One

With a quick, early morning glancing of the CBA, it appears that the Rangers would be on the hook for the entire buyout amount. While it isn't explicit, I have implied from 50.9.i.(i) - "the amounts paid under such Buyout agreement shall be included in the Actual Club Salary and Averaged Club Salary (as set forth in this Article 50) of the Club that bought out the Player during any League Year in which the buyout is paid..."



This may have been asked over at HF. I seem to recall that the Stars would be on the hook for 1/2 of the remaining value of the contract, and the new claiming team would pick up the other half. The Rangers would be off the hook. I am not 100% certain on this, but I can't find anything in the CBA.

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I knew you'd come through!

That's no fun though, the next team should have to pay 1/4 as well as the Rangers 1/4. Then he could be waived and re-claimed on re-entry waivers by a new team for 1/8 of his salary. :)

Apparently Avery squirted Ray Ferraro during a between-the-benches segment the other day...sorry, just heard about this so apologies if it is old news. Also due to his 'selfish' play and bad penalties he is apparently going to be a healthy scratch for game 5 tonite...:attention: Good job muttonhead!:fedup:

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Originally Posted by DFENS

Hmmm, and if that team was Dallas, would that mean that they would be paying him at 3/4 of his original contract?

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The brilliance of this sequence is entirely analogous to credit swaps in the current economic crisis--bad loans that banks would like to unload at pennies on the dollar make the original note-holder want to not pay full value either. If I owe the bank $1mil and am a dubious risk to pay it back, but the bank is willing to sell that note to another entity willing to take on that risk for $600k, why couldn't I just buy it for $600k myself? And if so, why couldn't I just borrow $600k from a new bank (or hilariously, the same one), buy my original note, and then only owe $600k? And if I'm a risk to pay that back, and my bank is willing to sell that note to another lender for $350k, why wouldn't I just borrow $350k from somewhere and buy that note myself? Eventually, I can just buy all my dubious notes for pennies on the dollar, default, foreclose on myself, and then go get a sandwich.

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Originally Posted by ImA1032

I would think this guy would be enough of a cautionary tale for every pro athlete...

http://media.realscoop.com/static/up...51600142_8.jpg

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Thats John Rocker not Kenny Powers

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Originally Posted by CardiacKid56

Thats John Rocker not Kenny Powers

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What, you don't see the similarities?