Guilt Trip
Well-known member
Found this on pro hockey rumours site...Bates said:Guilt Trip said:I think they'd still pay his bonuses and his salary is only 1.25 which could easily be paid by SJ.Zee said:Guilt Trip said:I think you're right. How about the Leafs terminate his contract like Habs did with Plekanec last year? That is a legal move.Bates said:Guilt Trip said:They can do it if the Leafs trade Marleau to team x and that team buys him out. Then he could sign with SJ for a minimum contract. The buyout cost would only be $416,667 for 2 years and the cap hit would remain the same for this year only. He's owed 3 mill in signing bonuses so I don't know how those are split, but I would guess the biggest part comes July 1. So it can be done but I think it will cost the Leafs a prospect or pick to do it.Zee said:Rob said:Sharks have quite a few players to sign as it is. Even if the Leafs retained $1.5m I don't see SJ doing it.
They wouldn't do it even if the Leafs retained half.
Isn't there an issue with signing bonuses not being part of buyout and buyout having to happen before July 1st so Leafs Can't pay signing bonus first. It's July and Dec for signing bonuses BTW.
They both have to agree to terminate right? Would Marleau be willing to walk away from the money? Doubt it.
I doubt you can pull the mutual termination card and sign elsewhere.
Over the last three seasons in particular, we?ve seen a number of so-called ?mutual terminations?. In fact, we?ve seen more mutual terminations over this period than buyouts. They are just as they sound ? when a player and team decide their prior arrangement is no longer agreeable, the teams cut ties entirely. The benefit for the team is that the cap hit of the player is cancelled out entirely. The benefit for the player is that they then have the opportunity to seek employment with a different franchise or a different league.