Nothing is foolproof to a sufficiently talented fool.

Sunday, June 10, 2007

Kasparaitis to be bought out by Rangers

Darius Kasparaitis

Earlier today, Sport Express posted an interview with Alexei Yashin and Mark Gandler, Yashin's agent, with the main topic of discussion being the recent buy-out of Yashin's contract by the NY Islanders.

During the course of the interview, Gandler revealed that another one of his clients, NY Rangers defenseman Darius Kaspariatis, was about to have his contract bought out, also.

The conversation went as follows (question by Sport Express, answer given by Gandler):

How did you react to the news about the Islanders breaking their agreement with Yashin?

This is a normal business procedure, as provided by the NHL by-laws. In America, anything can be bought and sold, including contracts bound by signature.

As it just so happens, I already know of one other player that I represent who will be having his contract bought out soon, also-- Darius Kasparaitis, who still has one year to go on his contract with the Rangers.


Blogger Brushback said...

Just a few hours ago, pulled the same Gandler quote from the Sport-Express story and has now posted their own reference to it.

6/11/07, 11:29 AM

Anonymous kaaspaariiaatiis said...

The Rangers have an interesting delema. If they buy him out there is still a penalty of 2/3 of his salary against the CAP for the life of the contract.

Or the Rangers could wait until waivers starts and waive him in the hope that someone will pick him up and thus only be liable to their cap for half his salary for the upcoming season.

The problem with this approach is the window to buy him out is small. The waivers route has the risk that no one will claim Kaspar. Thus, he'll be able to say again -- Hello Hartford.

The Rangers would then be liable for his entire contract but it would not count against their cap total.

6/11/07, 12:33 PM

Blogger Brushback said...

If all that is true, then it's basically a decision between the value of money against the cap vs. the value of a roster spot.

If the Rangers don't buy him out now, and Kasparaitis ends up in Hartford, it would be at the expense of having a prospect play there instead.

6/11/07, 12:52 PM

Blogger Brushback said... has also just now picked up on the Mark Gandler quote, though the language they use is a bit more tempered, saying that Gandler is not excluding the possibility that the Rangers will buy out Kasparaitis' contract.

6/11/07, 7:54 PM


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