Senators to buy out Emery?

March 15, 2008 @ 9:42 am · Filed under Ottawa Senators

via Ottawa Sun:

If the Senators have soured on Ray Emery, it won’t cost much to get rid of him.

While the Senators goalie has two years left on his contract (at $6.75 million), the Sun has confirmed through sources the club has the option of buying Emery out at only one-third of his deal.

There is a misconception that players receive two-thirds of their contract if they are bought out before the end of the deal. According to Section 13 of the Standard Players Contract, that’s only true if a player is 26 or over.

Related posts:

  1. Senators appear to be stuck with goalie Emery
  2. Another Senators trade rumor
  3. Emery donated $14,000 fine
  4. Paddock: I should have thrown Emery off the ice
  5. Ray Emery speaks up

1 Comment »

  1. Hockey News Aggregator » Senators to buy out Emery? Said,

    March 15, 2008 @ 11:23 am

    [...] Original post here [...]

RSS feed for comments on this post · TrackBack URI

Leave a Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word