Gomez's contract will be an ongoing problem for the Canadiens as they will have to sign star goalie Carey price to a contract before July 1st 2012. At $7.3 million per season through 2013-2014 there really isn't a whole lot the Montreal Canadiens can do to shed that enormous contract. There is no - nor will there be - a trade unless Bob Gainey gets hired by another team.
Paying Gomez $ 1 million per goal as the Canadiens did last season is not an option with the emergence of young players like Max Paciotery and PK Subban needing to be locked up. Montreal could waive him and assign him to Hamilton, hence removing his cap hit, but with term remaining on his contract, this is a very expensive option.
A buy out is possible, but months away from being determined and also an admission of a costly mistake. According to CapGeek.com, the buyout cost for Gomez as of June 15, 2012 at 2/3 is $6,666,667...spread over four years.
Scott Gomez buyout from CapGeek.com:
2012-13: $3,523,810
2013-14: $4,523,810
2014-15: $1,666,667
2015-16: $1,666,667
ouch......
The Canadiens do not have the luxury of wasting the precious cap room until 2014.
