Kukla's Korner Hockey

Kukla's Korner Hockey

The Cap Situation For The Boston Bruins

06/23/2014 at 1:25pm EDT

from Joe Haggerty of CSNNE,

While Bruins general manager Peter Chiarelli admitted that the Bruins face some "hard choices" because of their salary cap situation, the GM also confirmed that the team doesn't plan on using either of their compliance buyouts.

The Bruins could be facing close to a $5 million ($4.7 million) cap penalty for player bonuses to Jarome Iginla, Torey Krug, Dougie Hamilton and Ryan Spooner that went over their cap limit during the 2013-14 season. That could cancel out the Marc Savard LTI (long term injured reserve) money allotted to the Bruins to go above and beyond the salary cap, and then some for a team that has less than $9 million to re-sign Iginla, Krug, Reilly Smith, Matt Bartkowski as well as find a fourth line winger and backup goaltender.

One option currently available to the Bruins would have been buying out the contract of third line center Chris Kelly, and wiping his $3 million cap hit off the books.

continued

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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