Sharks would like to know if we have enough cap to BO Johan Franzen, $4.0m (2010-2018) in 2014-15?
I believe it works out to 4m x 4yrs remaining = 16m total owing x 66.66% reg.BO rate = 10.6m (2014-15) 1yr BO
10.6m - 4m what he's owed as a player on our active roster which means we need 6.6m in cap space to complete this 1yr BO.
Can you guys confirm whether
Sharks have room? Thanks!
Also are we allowed to use the offseason 10% extra cap to complete the buyout? I recall it was a No for BOs but OK for trades, extensions etc.