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Buyouts
I've heard on 1260 that you can buy players out under the age of 25 or who signed their current contract under the age of 25 can be bought out for 1/3 of their current contract.
Does anyone know the real rule? |
www.capgeek.com
www.nhlnumbers.com lots lots and lots of info there and yes--that is the rule they jumped the fact there is a limit of how many contracts you can buyout |
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http://www.nhlscap.com/cap_faq.htm#buyouts |
Yes its true.
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from what I can tell we can buyout Nilsson+POS+Moreau for a total of 3.5-3.6 million in one season rather than having it spread out over 2yrs and have them off the books for 2011-12 seems like a no brainer to me IMO.
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Reading between the lines: Nilsson and O'Sullivan are toast. They'll be gone, and we'll save $3.5 million against the cap in doing it.
They might buyout Moreau, but I figure he gets dealt draft day. |
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Both O'Sullivan and Nilsson remind me of J.Jokinen, someone that was pretty much pushed aside but was still young and had potential. I think O'Sullivan will be that player elsewhere. |
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It's true.
I suspect the steps on all three of Moreau, Nilsson and O'Sullivan will be similar. Attempt to trade. Waive. Buy-out or re-entry waivers. I personally think O'Sullivan and Nilsson will be traded. Atlanta, NYI, Dallas and Florida come to mind as possible destinations. I don't know why anyone would want Moreau at his dollar amount. |
It's hard to say who will be bought out, as we, or at least I, have no idea what other GM's around the league are looking for. Maybe someone likes Moreau's experience. Maybe a GM likes POS's skills, when he shows them, and his age. Same goes with Nilsson. Doesn't matter how though, I think all 3 days are numbered, buyout or not
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Yes, for some of these guys buy-outs would probably be cheaper than waivers (Nilsson, O'sullivan).
Moreau they might have to waive. If not, I can see them let him play out the contract. The Oilers are not doing anything next year regardless. |
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This "neck injury" won't keep him from being dealt in the Summer. |
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i understand a horcoff buyout wouldn't happen and also would extend in to about 2019 for a cap hit but what would we be looking at fro cap savings if we did? this is out of curiosity not suggesting its a good idea
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We'd see a benefit for about 3 years, then we'd be in trouble. Plus, in order to buy a player out, you'd have to expose them to waivers. Something not many players would waive their NMCs for. |
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Buying out Nilsson is a legitimate option if he cannot be traded and the team does not want to continue the experiment. Next year they would actually increase their cap space by $80K if they did buy him out. POS is far less obvious to me. He really is not that far over paid, especially if you look at his actual salary which will be $2.3M. My guess is that someone would want him, particularly a team on a budget with cap space. But I also think he is worth giving another shot to. Buying out Moreau is more expensive. Carrying $666K in dead cap space means after you replace him you do not save much next year and you pay a penalty in 2011-2012. Again, I would hope he could be dealt but I suspect that rather than buy him out they may waive him. |
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I hope he gets the John Kordic treatment: dealt for future considerations. The considerations? Don't send him back. |
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POS isn't going to be bought out. It would be completely idiotic and horrific asset management.
Nilsson and Moreau I can understand, POS not so much./ |
To buy out Nilsson and O'sullivan its gonna cost you on average about $400,000 per roster spot in Cap hit for the next 2 seasons. Which means who ever you bring in to replace them is going to have to take $400,000 less for the next 2 years.
this is what your cap situation would look like for next season factoring in RFA's new salaries (rough estimations but i think they are about right), new draft choices, and Eberle. http://i13.photobucket.com/albums/a2...8at45713PM.png |
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