Chicago Moves

[Vik]

Buy out Mark Letestu, $0.9m (2018-19)
-1.2m total cap hit, will take .4 this year and .8m next year

Sign Ron Hainsey for the remainder of the season

[cho34]

Buy out Mark Letestu, $0.9m (2018-19)
-1.2m total cap hit, will take .4 this year and .8m next year

Sign Ron Hainsey for the remainder of the season

I believe this buyout can only work with $0.6m on both years - let me know if you still want to continue with buyout

G) Releasing Players Under Contract
A buyout will occur for 66.66% of the contract value to be paid in equal installments.  This may be spread out over the years remaining in the bought-out contract or any years less than the length of the current contract.

[Vik]

No

I believe this buyout can only work with $0.6m on both years - let me know if you still want to continue with buyout

G) Releasing Players Under Contract
A buyout will occur for 66.66% of the contract value to be paid in equal installments.  This may be spread out over the years remaining in the bought-out contract or any years less than the length of the current contract.

No problem, just make the full 1.2m next year

[Drew]

Doing this does not give you the cap space to sign hainsey. May want to reevaluate what you would like to do here

[Vik]

Doing this does not give you the cap space to sign hainsey. May want to reevaluate what you would like to do here

Did I get something wrong, if I take the full 1.2m buyout next year doesn't that mean I clear the full .9m he is owed this year?

[Drew]

Did I get something wrong, if I take the full 1.2m buyout next year doesn't that mean I clear the full .9m he is owed this year?

This must be spread out over the remaining years or less therefore your opinions for a Letestu buyout would be $1.2m this year or $0.6m for the next two years.

[Vik]

Official decision, buyout Letestu at .6m over the 2 years. Doesn't give me enough for Hainsey but will buy him out anyway, and got a deal coming to clear more cap.

[Vik]

Would also like to activate Barrie from IR and place Shattenkirk instead. Will release Carr and no replacements for Shattenkirk for now.

[Vik]

Pending trade with Buffalo and Waiver claim on Condon, I will sign Glass rest of the season.

[cho34]

Official decision, buyout Letestu at .6m over the 2 years. Doesn't give me enough for Hainsey but will buy him out anyway, and got a deal coming to clear more cap.

Would also like to activate Barrie from IR and place Shattenkirk instead. Will release Carr and no replacements for Shattenkirk for now.