bustaheims
Active member
Significantly Insignificant said:
It's an either/or thing. Anything else would be a violation of the CBA.
Jared Cowen on waivers for purpose of a buyout
- Thread starter GhostofPotvin29
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It's an either/or thing. Anything else would be a violation of the CBA.
bustaheims said:
The circumstances obviously don't match entirely but the Kings and Richards were able to come to settlement that wasn't an either/or thing so it seems within the realm of possibility.
bustaheims
Active member
CarltonTheBear said:
That was a very different situation, in that, it wasn't a buyout. The Kings felt Richards was in breach of his contract, and attempted to terminate it. They also still ended up paying ~2/3 of the remaining salary as part of the settlement, just structured differently than a standard buyout.
bustaheims said:
They were both situations where a team felt they were within their rights to terminate a contract and a player filed a grievance against it.
The either/or part of Richard's situation would have been with the contract is terminated and Richards received nothing or it wasn't terminated and the Kings would have been stuck with his contract until the next buy-out window (which wouldn't have been for another year). But instead of that either/or situation both sides came to a settlement, along with the NHL and NHLPA, that resulted in a measure that wasn't described in the CBA. And the Kings only ended up paying about 1/2 of his remaining salary instead of 2/3, plus they arguably received a better deal when it came to the resulting cap hit since it was spread out for much longer. All of that was individually negotiated between the two sides, not something from the CBA.
I've tried to find a more relate-able precedent for this though and while we're going back a few years a similar situation happened with the Canes and David Tanabe in 2008. Tanabe had missed half the year with a concussion but Rutherford seemed to think that the doctors would have cleared him to play (obviously 2008-concussions were taken even less seriously than 2016-concussions). Tanabe had 1 year left at $900k and his agent filed a grievance against the buyout. It took a few months but eventually both sides came to an agreement that ended up paying Tanabe a total of $850k over a 3-year span: http://archive.is/1UBi3#selection-2803.1-2806.0. Obviously, that's 8 years ago but I don't think anything would have really changed with the CBA that made that legal then but not now.
Like I said, I'm not saying that this is definitely what's going to happen, but it does seem within the realm of possibility.
Highlander
Active member
Time to hire Ray Donavon. Coolest show on the tube.
They sure are taking their time with this one.
L K said:
I think right now his hit is calculated as is, not entirely sure, but he did have a legitimate hip issue, whether the surgery was elective in reality or not is what will be at stake? I don't blame him for trying, there's some coin on the line and the Leafs tipped their hand ( or were up front, however you want to say it ). With what the Leafs have available for LTIR coverage, it shouldn't be an immediate issue as far as I can tell.
Coco-puffs
New member
Tigger said:
I think the goal this year will be to NOT use any LTIR and having Cowen's full cap hit on the books hurts that goal. Any rookie bonus money gets carried forward to next year if we are in LTIR.
Coco-puffs said:
You're right in that there may be bonus overages, however the Leafs are going to be sitting on a mighty big pile of cap space next year, shouldn't be an issue as far as the bonus possibilities are concerned. Where the Leafs may suffer a little is in terms of wheeling and dealing with little cap space this year, at least with the way it looks now.
Really there's little the Leafs can do aside from see how the dice roll at arbitration, they may end up stuck with it, unless Lou has arbitrator shaped nickels and dimes in his pocket.
bustaheims
Active member
Tigger said:
That pile isn't as big when you consider that, as things stand right now, they'll have to add 10-12 player to fill out the roster next season.
bustaheims said:
Well, a lot of those are going to be filled internally at relatively reasonable rates. Over in the armchair thread I posted on that, with a modest guess on cap increase and contracts, there was over 20 mil with one large hole on defensive to fill, they're in pretty good shape as far as cap space is concerned next season. ( as of now at least ) That was also me being optimistic that the Leafs will shed a pile of contracts, some onerous, some superfluous, some expiring.
bustaheims
Active member
Tigger said:
Yeah. I think you're being very optimistic if you think the Leafs will manage to shed Horton, Lupul, and Bozak without taking on other contracts in return/buying any of them out. Also, you'd almost certainly have to factor in some space for bonuses into your 17/18 salary structure, with Nylander needing a new contract in the summer of 2018, as well as some other RFAs who could in line for nice raises, and the potential for the cap to see limited growth or even drop with HRR being split 31 ways instead of 30 - depending on the financial success of the team in Vegas, obviously. They'd need revenues of ~$125M+ in their first season to not have a negative impact on the growth of the cap.
bustaheims said:
That was with Horton on the books, fwiw. Lupul, yeah, optimistic minus buyout for sure, tho I don't think the last year will be too terrible a cap hit with a buyout? Bozak, I'm not really sure either way about him, I think a team could take him on without a lot coming back, and who knows, they may decide Nylander is a winger for another season and keep him. ( obviously taking the cap space down but not horribly for one year and maybe having an attractive deadline player if they're out of the running again ). I noted the top end bonus possibility in that post too, just didn't include it in the math. I think it's 3.7 mil at the worst? ( which means the Leafs have some very, very good young players, so I'm ok with that problem ).
I think it's fair to guess a 2 mil increase in the cap but, I could be wrong on that.
Edit, Gleason's last year is 17/18 on the books as well.