Speaking of Ruutu... anybody well versed in the new CBA?
Carolina is already retaining salary from his initial cap hit of 4.75
Let's say we find a taker for him, can we further retain salary? And if so, is there a smaller limit as to how much we can? I know it's a maximum of 50% on the initial trade.
I was thinking about this in general, but Ruutu is a relevant hypothetical scenario.
EDIT: Should have went straight to capgeek. For anyone else interested:
In the event salary is retained a second time on the same contract, the percentage of salary/cap hit retained is applied to the full salary/cap hit and cannot alter the terms of the first retained salary transaction.
Example: Devan Dubnyk was traded from Edmonton to Nashville on Jan. 15, 2014. Dubnyk's cap hit was $3.5M and the Oilers retained 50 per cent of it ($1.75M). Later that season, Nashville dealt Dubnyk to Montreal on March 5, 2014, retaining 25 percent of Dubnyk's contract. The percentage applied to Dubnyk's full cap hit of $3.5M, meaning the Oilers continued to retain 50 percent of it ($1.75M) while the Predators picked up 25 percent of it ($875K) and the Canadiens — if Dubnyk had been on their roster — handled the remaining 25 percent ($875K).
http://capgeek.com/faq/how-do-retained-salary-transactions-work
Also notes this, which I wasn't aware of:
A team cannot reacquire a player within one calendar year of a retained salary transaction unless the player's contract expires during that time.