Mirtle offered a link to a NY journalist named Larry Brooks that was willing to take the time to understand the indepth capalogics of NY signing sundin
The Blueshirts currently have approximately $1 million of cap space. Pro-rating cap hits, the Blueshirts would need approximately $2.877M of space on Dec. 27 in order to be able to offer Sundin a full-season contract of $5M, half of Vancouver's standing bid.
This would mean that Sather would not have to part with Drury, gomez or Rosival. He could just demote some young players and trade peter prucha to free up enough money to sign sundin for 5 mil.
I would be very surprised if Sundin was willing to sign for 5 million. He might say that it is not about money but it has to be about money a little bit. I really hope that sundin is commanding at least 7 million from New York. That way they will have to trade one of the big 4: Drury, gomez, lundqvist or rozsival.