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Don't Expect Amnesty Buyouts


Phil

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Sorry Henke, they tried. will have to ride the bench again next season. at least you drive a really nice car

 

While unlikely, they still may buy him out through the conventional process.

Just move Georgiev at the draft. Maybe in a package with him and one of those 1st rounders and another piece (DeAngelo?, if they’re so inclined) they can move up.

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I see a buyout more than ever now. They'll save 3M. Half of which will go to Georgie and the other half will help sign the others.

 

And the following year get hit with a high cap hit? It’s not worth it. Ride the year out with him and then let him fully come off the books. Next summer we have a lot of guys to re-sign, we don’t need his cap hit that year.

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Not a huge benefit to buying him out. Roughly $1.5 million in cap savings and the ability to retain Georgiev who will likely only be here in the short term anyway.

Likely they’d get about equal performance and productivity from Lundqvist or Georgiev in the same amount of workload in a backup role, and Hank at least gives you leadership and the peace of mind of having a veteran backup behind a young starter in Igor.

 

Just keep Hank for a year.

Move Georgiev in a package.

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https://www.espn.com/nhl/story/_/id/29380259/the-nhl-coronavirus-pause-latest-return-plans-draft-lottery-cba-negotiations-playoff-rosters

dated June 29, 2020

'...Then there's the salary cap. Remember, the NHL's salary cap is linked to revenue. Lower revenue, lower cap. To avoid a huge decrease in the ceiling next year, the NHL and the players would artificially keep the cap at $81. 5 million for the next two seasons and then raise it $1 million to $82.5 million in 2022-23. Later in the CBA, it would be "relinked" to revenue.'

 

If teams are considering empty seats and loss of revenue, but keeping the salary cap intact... can't help but wonder if that affects decisions.

 

https://www.dkpittsburghsports.com/2020/04/17/compliance-buyouts-nhl-coronavirus-salary-cap-penguins-tlh/

'It's safe to say that the 2020-21 salary cap will not be in the $84 million to $88.2 million range that NHL deputy commissioner Bill Daly projected in early March.'

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They save more/gain more buying out Staal and Smith and trading Georgiev for assets.

 

You say trade Georgiev for assets, but if they could have gotten what he was worth to them they would have done so at the deadline. They couldn't, so they didn't. Trading him for pennies on the dollar is bad business.

 

Buy out Lundqvist and Staal, effectively ending that era. Just hold onto Smith for the extra year in a 12-13F/6-7D flex role and sign Georgiev.

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You say trade Georgiev for assets, but if they could have gotten what he was worth to them they would have done so at the deadline. They couldn't, so they didn't. Trading him for pennies on the dollar is bad business.

 

Buy out Lundqvist and Staal, effectively ending that era. Just hold onto Smith for the extra year in a 12-13F/6-7D flex role and sign Georgiev.

 

Not true. Most likely trade targets are non playoff teams. Or teams like Carolina where it makes more sense to make that acquisition in the offseason. He would be a (hopeful) long term acquisition and not a deadline rental.

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They save more/gain more buying out Staal and Smith and trading Georgiev for assets.

 

You say trade Georgiev for assets, but if they could have gotten what he was worth to them they would have done so at the deadline. They couldn't, so they didn't. Trading him for pennies on the dollar is bad business.

 

Buy out Lundqvist and Staal, effectively ending that era. Just hold onto Smith for the extra year in a 12-13F/6-7D flex role and sign Georgiev.

 

Not true. Most likely trade targets are non playoff teams. Or teams like Carolina where it makes more sense to make that acquisition in the offseason. He would be a (hopeful) long term acquisition and not a deadline rental.

 

And why sign Georgiev if shesterkin is the future?

 

His value isn’t going up sitting on the bench!

 

Not in favor of any buyout. And it’s not entirely needed at this point. What makes people think it’s necessary are Strome and DeAngelo, though it’s by no means a certainty that the organization has them both in the long-term plans, both for differing reasons which have already been discussed elsewhere.

 

If you buyout Staal, who replaces him?

You’re not getting a better player than him for the cap space you’d receive. Same is probably true of Smith.

And as for any of the young guys in the organization, they’re cheap and here already anyways. Quinn isn’t afraid of scratching guys, so no one is blocked.

 

The buyout(s) isn’t really achieving much, IMO.

 

It doesn’t clear a path to making a big add.

Not sure Strome is a guy that they feel is anymore than the stopgap he was when he was brought in, even if he has great chemistry with Panarin

Not sure they want the commitment to another RH D when they’re heavy into Trouba and going to go deep into Fox who is better.

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Not in favor of any buyout. And it?s not entirely needed at this point. What makes people think it?s necessary are Strome and DeAngelo, though it?s by no means a certainty that the organization has them both in the long-term plans, both for differing reasons which have already been discussed elsewhere.

 

If you buyout Staal, who replaces him?

You?re not getting a better player than him for the cap space you?d receive. Same is probably true of Smith.

And as for any of the young guys in the organization, they?re cheap and here already anyways. Quinn isn?t afraid of scratching guys, so no one is blocked.

 

The buyout(s) isn?t really achieving much, IMO.

 

It doesn?t clear a path to making a big add.

Not sure Strome is a guy that they feel is anymore than the stopgap he was when he was brought in, even if he has great chemistry with Panarin

Not sure they want the commitment to another RH D when they?re heavy into Trouba and going to go deep into Fox who is better.

 

I dont want buyouts either, but if you are going to do it, do it right.

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Not in favor of any buyout. And it’s not entirely needed at this point. What makes people think it’s necessary are Strome and DeAngelo, though it’s by no means a certainty that the organization has them both in the long-term plans, both for differing reasons which have already been discussed elsewhere.

 

If you buyout Staal, who replaces him?

You’re not getting a better player than him for the cap space you’d receive. Same is probably true of Smith.

And as for any of the young guys in the organization, they’re cheap and here already anyways. Quinn isn’t afraid of scratching guys, so no one is blocked.

 

The buyout(s) isn’t really achieving much, IMO.

 

It doesn’t clear a path to making a big add.

Not sure Strome is a guy that they feel is anymore than the stopgap he was when he was brought in, even if he has great chemistry with Panarin

Not sure they want the commitment to another RH D when they’re heavy into Trouba and going to go deep into Fox who is better.

 

A traffic cone on an ELC can replace Staal. You remove him because he's a net negative on the team. Saving cap space is just the gravy.

 

They have 14 million to sign Strome/DeAngelo/Fast/Lemieux and fill out the other 2 holes on the roster. It's not enough. You certainly don't lose any of those guys or trade Georgiev for pennies on the dollar in order to ride out Lundqvist and Staal into the sunset.

 

They are going to be pinching pennies. They can free up close to 3M if they buy out Staal and Lundqvist, after considering the replacement cost of an ELC LD (say Hajek) and Georgiev at 1.5M.

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A traffic cone on an ELC can replace Staal. You remove him because he's a net negative on the team. Saving cap space is just the gravy.

 

They have 14 million to sign Strome/DeAngelo/Fast/Lemieux and fill out the other 2 holes on the roster. It's not enough. You certainly don't lose any of those guys or trade Georgiev for pennies on the dollar in order to ride out Lundqvist and Staal into the sunset.

 

They are going to be pinching pennies. They can free up close to 3M if they buy out Staal and Lundqvist, after considering the replacement cost of an ELC LD (say Hajek) and Georgiev at 1.5M.

 

Once they handed that deal to Kreider, there would be casualties. They knew it.

I’m not convinced that they’re all in the plan long-term.

Would not surprise me if they dealt ADA. Would not surprise me if they are unwilling to commit to Strome long-term.

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Once they handed that deal to Kreider, there would be casualties. They knew it.

I?m not convinced that they?re all in the plan long-term.

Would not surprise me if they dealt ADA. Would not surprise me if they are unwilling to commit to Strome long-term.

 

Absolutely agreed, and the casualties should be the dinosaurs. Not the young'uns. The objective is to keep the young talent, not trade it away. You're also not trading DeAngelo without it being either for futures or for a good player who also has salary coming back in return. Option 1 is contrary to what this franchise should be doing as they approach being competitive. Option 2 puts you right back in the same tight cap position. I don't see how a DeAngelo trade helps at the moment with respect to clearing cap space, and through all of the discussions that have occurred on this board, nobody has offered any good names that cover what he is worth while also saving cap.

 

Don?t discount the possibility of ?wink, wink? 1 year deals for Strome and/or ADA similar to how they handled Lundqvist years ago before he got his long-term deal.

 

Not ridiculous to think that?s possible for at least 1 of them.

 

They almost assuredly gave a "wink, wink" 1 year deal to DeAngelo last year. He was well underpaid, by at least 1.5M, because they didn't have the cap space. If they make him be the guy to give up money again "for the team", look for a holdout and nobody should blame him. That makes the team significantly worse and doesn't do a damn thing for morale. Players need to see their teammates rewarded for their play on the ice.

 

Strome is possible, but even on a cheap deal he will be at least $4M, but more than likely in the $5M range.

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Are we calling a "wink wink" deal when you have zero leverage and you still choose to holdout and are forced in the end to accept the initial offer? There's no wink in that deal that's how it works when the team has the leverage and chooses to use it.
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Absolutely agreed, and the casualties should be the dinosaurs. Not the young'uns. The objective is to keep the young talent, not trade it away. You're also not trading DeAngelo without it being either for futures or for a good player who also has salary coming back in return. Option 1 is contrary to what this franchise should be doing as they approach being competitive. Option 2 puts you right back in the same tight cap position. I don't see how a DeAngelo trade helps at the moment with respect to clearing cap space, and through all of the discussions that have occurred on this board, nobody has offered any good names that cover what he is worth while also saving cap.

 

 

 

They almost assuredly gave a "wink, wink" 1 year deal to DeAngelo last year. He was well underpaid, by at least 1.5M, because they didn't have the cap space. If they make him be the guy to give up money again "for the team", look for a holdout and nobody should blame him. That makes the team significantly worse and doesn't do a damn thing for morale. Players need to see their teammates rewarded for their play on the ice.

 

Strome is possible, but even on a cheap deal he will be at least $4M, but more than likely in the $5M range.

 

It all honestly depends on how the organization views those guys in relation to the long-term plan.

 

I agree that they shouldn’t necessarily be moving on from younger guys.

I don’t have a huge issue with them buying out Hank or Staal. I just don’t think they like the idea of buying out their 2 longest tenured players, both of whom have been career Rangers and have done everything right for their entire careers. If they had multiple years remaining, I think they’d be more inclined to do so.

And again, it’s not much in the way of savings.

 

The organization definitely likes the fact that they have those 2 around the younger guys.

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