Quoting: Mergus80
Are you allowed to do that? Is the max amount of retained salary 50% per team (like you suggested) or 50% of the player’s total cap hit ($3.5M)?
Definitely agree with this point about contract term as well. Even at a small cap hit, 4 years remaining is a big commitment for a guy that already carries a lot of risk. Kane still has quite a bit of real cash left on his deal, so a buyout wouldn’t be cheap. I have no idea what a buyout would look like if there are multiple teams retaining salary. Maybe someone who knows the CBA better can help out.
I know part of the answer to this!
Essentially, if a team were to retain 50%, and someone else bought him out, they'd be on the hook for 50% of the buyout. For a 3 team, if team X (Sharks) retain 50%, and team Y (Seattle) retains 50% of that, then team Z (Final destination) buys him out, team X would be on the hook for 50%, team Y would be on the hook for 25%, and team Z would be on the hook for 25%.
So,
-Sharks=$1.83 mil cap hit
-Seattle=$0.915
-Final destination where he gets bought out=$0.915
*Note: This is just year 1* The buyout fluctuates throughout the 6 years that the buyout is active.