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2018-19 Trade Talk

CarltonTheBear said:
https://twitter.com/TBLightning/status/1156214495011901441

The Lightning dump Callahan on the sens, avoiding the hassle of going into LTIR. But they also pick up Condon's $2.4mil AAV in the process. He joins McBackup ($1.3mil) and Domingue ($1.15mil) as their weird collection of back-ups.

Did Erne file for arbitration?  If so, they could buy out Condon and only have a 400k cap hit this year (1m next year).  If they just bury him its a 1.35m cap hit this year, which is the route the probably go anyways since they will be under a much bigger crunch next season when Vasi's deal kicks in.

Ottawa has 15m in IR players (cap wise), who they'll only have to pay 20% of their 12m salaries.  LOL.  2.5m in actual dollars for 15m in cap hit.  And they got out of paying Condon 3m to play in Belleville.
 
Coco-puffs said:
Ottawa has 15m in IR players (cap wise), who they'll only have to pay 20% of their 12m salaries.  LOL.  2.5m in actual dollars for 15m in cap hit.  And they got out of paying Condon 3m to play in Belleville.

In terms of actual dollars paid I can't wait to see what the difference ends up being between the Leafs and sens this season. It'll be more than double.

#parity
 
Coco-puffs said:
The Ottawa Senators as run by Eugene Melnyk. 

After acquiring a bunch of players whose bonuses were paid by other teams or getting players with back-diving contracts (plus only having to pay 20% of the salary of their IR players):

their roster counts $60,130,833 against the cap while it actually will cost them approximately $45,697,500 in real money.

:o :o :o

https://theathletic.com/1091811/2019/07/23/what-the-large-gap-between-actual-dollars-spent-and-the-teams-cap-hit-says-about-the-senators/

They just subtracted 2m in actual money (difference between 3m Condon salary and 20% of 4.7m left of Callahan) and added 3.4m in Cap hit 

LOL

Yes, more than double for sure.  Leafs paid a whole bunch of bonuses before shipping players off and Capfriendly has them at 98M in expenditure for just the guys currently on the roster!

 
Coco-puffs said:
Yes, more than double for sure.  Leafs paid a whole bunch of bonuses before shipping players off and Capfriendly has them at 98M in expenditure for just the guys currently on the roster!

Looking at Ottawa's roster on Capfriendly, it shows them spending about $51mil on salaries this season (this includes their buyouts, and assumes insurances covers 80% of their LTIR players).

Now subtract the $5.5mil they avoided paying in signing bonuses for Zaitsev, Brown, and Anisimov and they're at $45.5mil. That's insane.

They do still have Colin White to sign but that won't be a huge contract or anything.
 
pmrules said:
Did Tampa just walk away with ~$2M in cap space and a player who can play?

Condon can't and won't play... he's 4th on their goalie depth chart and probably would have a hard time getting a league minimum salary from someone if he was a free agent.
 
herman said:
https://twitter.com/tsnstevelloyd/status/1156217566144147459

So it seems the Sens are trying to get away with paying 30 million in salaries, 70 million on the cap this year, eh?

Edit: looks like I'm a little late to the party with that comment ...
 
CarltonTheBear said:
pmrules said:
Did Tampa just walk away with ~$2M in cap space and a player who can play?

Condon can't and won't play... he's 4th on their goalie depth chart and probably would have a hard time getting a league minimum salary from someone if he was a free agent.

And Tampa doesn't really gain cap space, they just get access to it sooner. Callahan would have been placed LTIR when the season started. What they really gained was flexibility.
 
With the Leafs, Tampa, Ottawa, it seems like the degree of salary cap-ninjitsu is escalating.  Is that accurate or is it just that I'm absorbed with what Toronto is doing and this kind of thing has been happening for a while?
 
princedpw said:
With the Leafs, Tampa, Ottawa, it seems like the degree of salary cap-ninjitsu is escalating.  Is that accurate or is it just that I'm absorbed with what Toronto is doing and this kind of thing has been happening for a while?

LTIR contracts get moved pretty often, but the Leafs and sens have definitely taken it to the opposite ends of the extreme here.
 
CapFriendly seems to disagree with the Athletic on some salary calculations, still looking at 47.5M in actual salary for the year compared to a 65.9M cap hit!

https://twitter.com/CapFriendly/status/1156238664025935872
 
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