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NHLPA files grievance on behalf of Mike Richards

CarltonTheBear said:
Seriously, screw the Kings if they somehow end up getting out of this with a cap hit less than what his buyout would have been.
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I agree.  Basically, cutting him like the Kings did was totally an attempt at cap circumvention and they treated the Voynov situation (a violent crime) completely differently.
 
http://www.sportsnet.ca/hockey/nhl/settlement-reached-on-mike-richards-player-contract/

Settlement is official. No exact numbers yet but it's been reported that the settlement will count against LA's cap and Elliotte Friedman said that he's heard it will stretch until 2031. LA is also on the hook for Richards' cap recapture penalty which is $1.32mil for the next 5 years. If the Kings properly bought him out he would have been on their salary cap until 2025. Odds are they either just stretched his original buyout numbers over another 6 years or they're getting an even smaller amount that that over a longer term. Complete bullshit.
 
Never underestimate the League's willingness to go to bat for one of their teams, I suppose.
 
Nik the Trik said:
Never underestimate the League's willingness to go to bat for one of their teams, I suppose.
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How this isn't the poster boy for cap circumvention, I have no idea. No loss of draft picks, no additional fines, lowered cap hit

Sounds like LA made out great.
 
CarltonTheBear said:
http://www.sportsnet.ca/hockey/nhl/settlement-reached-on-mike-richards-player-contract/

Settlement is official. No exact numbers yet but it's been reported that the settlement will count against LA's cap and Elliotte Friedman said that he's heard it will stretch until 2031. LA is also on the hook for Richards' cap recapture penalty which is $1.32mil for the next 5 years. If the Kings properly bought him out he would have been on their salary cap until 2025. Odds are they either just stretched his original buyout numbers over another 6 years or they're getting an even smaller amount that that over a longer term. Complete bull#$#%.
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See I don't understand how Chicago doesn't raise a stink over this.  They keep gutting their roster depth because of the cap and meanwhile a potential rival gets to cheat the system.
 
L K said:
See I don't understand how Chicago doesn't raise a stink over this.  They keep gutting their roster depth because of the cap and meanwhile a potential rival gets to cheat the system.
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The flip side of that though is that Chicago may be as acutely aware as any team right now about how useful it might be to have a mechanism to get out of a bad contract just because a player was charged with a crime.
 
Nik the Trik said:
Never underestimate the League's willingness to go to bat for one of their teams, I suppose.
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What do you mean by that?  If the league negotiates a lesser cap hit for the Kings (I don't know if they did) then it helps the Kings but hurts all the other teams in the league. It basically just tilts the competitive balance and I don't think doing that helps the league.  What helps the league is having simple rules that everyone must follow.
 
princedpw said:
What do you mean by that?  If the league negotiates a lesser cap hit for the Kings (I don't know if they did) then it helps the Kings but hurts all the other teams in the league. It basically just tilts the competitive balance and I don't think doing that helps the league.  What helps the league is having simple rules that everyone must follow.
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Except the league being ok with this settlement is a pretty clear indication otherwise. Considering what we're hearing about recreational drug use in the league I think it's pretty advantageous to teams to be able to negotiate better buy-outs just because a player gets arrested. If I'm another team I'd want to be able to do this if it ever affected me.

But also it's good for the League to have as strong a relationship as possible for the club and owners thinking that the League will go to bat for them is a pretty good way to help that along.
 
The Mike Richards saga:  nothing but troubled...

http://www.thehockeynews.com/blog/kings-gm-dean-lombardi-says-what-happened-to-mike-richards-a-tragedy/
 
And this continues to get even weirder:

?What?s to stop other teams from trying this?? one asked. The NHLPA did get, in writing, assurances the Richards grievance could not be used as precedent in any future cases.

http://www.sportsnet.ca/hockey/nhl/30-thoughts-the-aftermath-of-the-mike-richards-settlement/

So the Kings could do this, but no one else can.
 
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