Photo credit: New York Times
Since the beginning of the week, many insiders have been constantly talking about the upcoming trade involving Carey Price.
And indeed, they bring a new option, a new avenue for Kent Hughes and the Canadiens.
Acquire a $4.6 Million Forward Instead of Trading Carey Price’s Contract?
The calculation is quite simple.
By simply doing nothing, the Canadiens will “waste” $4.6 million on their salary cap by placing Carey Price on long-term injured reserve.
The two best options are therefore.. either trade him, or maximize the placement of Price’s contract on LTIR.
In both cases, Kent Hughes must act.
It’s very well explained here:
“If the Canadiens go get a player making $4.6M, for example, they can then maximize their use of LTIR.
The calculation is simple at that point: right now, the club is over the cap by $5.9M and if you add $4.6M, you reach $10.5M.
– DLC
In other words, according to PuckPedia, Kent Hughes has two options.
1- Acquire a player making $4.6 million per year.
2- Trade Carey Price’s contract.
It would be one or the other. Doing nothing would really be the worst-case scenario according to them!
A center like Jared McCann, of the Seattle Kraken, makes $5 million per year!
In short, the next few weeks will be fascinating in this case!
Previously on HabsFanatics