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Post by Matt-Colorado on Jun 24, 2019 10:48:52 GMT -5
Don't have a thread for this yet so here we go:
Colorado:
Corey Crawford - Buyout
-- PROCESSED --
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Post by Phil-Cornwall on Jun 24, 2019 11:59:16 GMT -5
Cornwall single waiver per team/season with penalty: (in this case - 1 year, no penalty heh)
Carter Hutton
Retain rights for 100K - KHL all year, Center Bogdan Yakimov
-- PROCESSED --
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Post by Joe-Adirondack on Jun 24, 2019 12:21:57 GMT -5
Aces say goodbye to last yrs team leading goal scorer
Wayne Simmonds-buyout
-- PROCESSED --
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Post by Glenn-Philadelphia on Jun 24, 2019 20:17:49 GMT -5
Cornwall single waiver per team/season with penalty (in this case - 1 year, no penalty heh) Carter Hutton If you are waiving him then a penalty is imposed. It would be more if it was multiple years but there still is a hit for a single year. |
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Post by John-Michigan on Jun 25, 2019 6:54:32 GMT -5
Haula - LTIR
--DONE--
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Post by Scott-New Jersey on Jun 29, 2019 14:35:43 GMT -5
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Post by Dane-Hamilton on Jun 30, 2019 18:41:44 GMT -5
Cornwall single waiver per team/season with penalty: (in this case - 1 year, no penalty heh) Carter Hutton Retain rights for 100K - KHL all year, Center Bogdan Yakimov Actually looking at rule book and contract signings Hutton’s penalty is 200k, signed him 8 mil cap hit was 7.8 mil gotta pay the difference |
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Post by Scott-New York on Jun 30, 2019 18:44:40 GMT -5
That's way too cheap, we need to fix this rule
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Post by Phil-Cornwall on Jun 30, 2019 20:15:21 GMT -5
That's way too cheap, we need to fix this rule agree. I've argued for fixing it for years and now it's on my team....like the Donald and his taxes. Just using what rules we have to my benefit. |
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Post by Glenn-Philadelphia on Jul 1, 2019 11:53:37 GMT -5
I think we are all in agreement here. We need to stiffen up penalties before people start dropping 8M bombs again in a few weeks.
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Post by Dane-Hamilton on Jul 1, 2019 17:46:25 GMT -5
Why not just have no drop 8mil+ for the 2 year min. Same rule after that.
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Post by Dane-Hamilton on Jul 1, 2019 17:48:07 GMT -5
I also wouldn’t be opposed to just no dropping a UFA you signed for 2 years. I don’t know if it’s ever happened where an NHL team uses a buyout on a guy a year after he signs
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Post by Glenn-Philadelphia on Jul 1, 2019 21:09:55 GMT -5
We need to up the penalty across the board IMHO. Something very loosely like, the fraction of years left on the contract times the yearly contract value. In the case of the 8M 2 year contract it would be 1 early on 2 total (or 1/2) * 8M yearly or 4M dollars. For the same contract 8M but 3 year term, after year 1 dropping last 2 would be 2/3 * 8M or 5.7M * 2 (for 2 years left) or 11.4M buyout. Again, that is some very loose figure but I think the penalties should be much more severe then they are right now.
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Post by Dane-Hamilton on Jul 2, 2019 7:42:45 GMT -5
I'm opposed to that for two reasons
1. Penalty for cutting a player that exceeds his yearly cap hit only exists in the NFL and these players are rarely cut until some savings can be had.
2. This would give very little to no incentive to sign a UFA long term, even reasonably priced guys like Zuccarello
Zuccarello Contract 5 years 5.1mil
1st year buyout - 16.32 mil penalty
2nd year buyout - 9.18 mil penalty
3rd year buyout - 4.08 mil penalty
Final year buyout - 1.02 mil penalty
NHL Contract 5 years 6.0 mil
1st year buyout
2/3rd of remaining contract (24 mil) = 16 mil
Spread over twice remaining years (4) = 8 years
= 2 mil a year for 8 years
One makes it almost impossible to use your buyout until the final year, NHL makes you think if you really want the 4 mil savings now to lose 2 mil in cap the next 7 years.
I understand we don't want to track cap hits into future years, and some team could ruin a franchise cap situation in a matter of days. But would still like to see something that allows buyouts to still be a viable option.
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Post by Dane-Hamilton on Jul 2, 2019 7:49:43 GMT -5
I'm also going on record saying I think our current calculation is fine except for people circumventing it by signing 2-3 year deals and buying out first year.
Maybe just use a sliding scale for all UFAs
For a player signed 2 years or 6 years it is the same.
8 mil contract
After 1st year. 90% = 7.2 mil
After 2nd year. 75% = 6.0 mil
After 3rd year. 60% = 4.8 mil
After 4th year. 45% = 3.6 mil
After 5th year. 33% = 2.64 mil
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