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-   -   Larry Brooks: Rangers Slap Shots column notes (http://hfboards.hockeysfuture.com/showthread.php?t=788515)

RangerBoy 06-20-2010 02:25 AM

Rangers Slap Shots column notes
 
LB discusses two possible options for Donald Brashear. Trade Brashear and $1.4 million cap hit($1.3 million salary)for a higher 1 year salary. The acquiring team would buyout Brashear by June 30 with the Rangers burying the higher salary in the AHL.

Quote:

We've located two such potential trading partners for Sather and the Rangers, who never quite have been willing to exploit the minor-league option for bad contracts that is the sole advantage available to large-market teams in this CBA.

One option is the Islanders, who would love to find a way to shed their $2.5M obligation to 35-year-old defenseman Brendan Witt, who finished the season with AHL Bridgeport after being waived through the NHL.

The other is Colorado, which would seem anxious to eliminate its $2.75M obligation to 31-year-old defenseman Tom Preissing, who played nearly all of last season with AHL Lake Erie after clearing NHL waivers.

Read more: http://www.nypost.com/p/sports/range...#ixzz0rNM6HVjD

Rangers rejected a Jason Arnott trade

Quote:

The Rangers were in trade talks with the Predators regarding Jason Arnott before the center was dealt to New Jersey, Slap Shots has learned.

An impeccable source reports that Nashville turned to Lou Lamoriello once Sather refused to yield the rights to Wisconsin senior defenseman Ryan McDonagh, whom the Blueshirts are attempting to sign for the coming season.

Read more: http://www.nypost.com/p/sports/range...#ixzz0rNMQSc8k

RangerBoy 06-20-2010 02:33 AM

Brashear's cap hit would still be $1.4 million for the acquiring team with the buyout but the actual monetary value is 2/3 of $1.3 million. $866,667 paid out over 2 years.

donpaulo 06-20-2010 02:39 AM

I didn't know Larry worked for los diablos

Cherepanisimov 06-20-2010 02:43 AM

An inconsistent 35 year old, injury prone, 3rd liner? Did they really think they could get McDonagh?

RangerBoy 06-20-2010 03:00 AM

Montreal and Chicago made a similar trade in 2007. Montreal was sick of Sergei Samsonov and wanted to dump his $3.5 million salary(1 year remaining on the contract). Montreal traded Samsonov to Chicago for Jassen Cullimore and Tony Salmelainen. Montreal bought out the remaining season of Cullimore's contract. Chicago had signed him to a 4 year/$9.8 million contract before the lockout in 2004.

Quote:

Gainey has already said he will buy out the remaining year on Cullimore's contract. The GM hasn't decided what to do with Salmelainen. Don't be surprised if the Canadiens encourage the 25-year-old to seek employment in Europe.

This deal is all about money.

The Canadiens free themselves of the final year of Samsonov's $3.5-million (U.S.) contract and save some cash and cap room on the buyouts. If the Canadiens had bought out Samsonov, it would have cost $1.175 million in each of the next two years. Cullimore will cost them $641,666 in each of the next two years, a saving of more than $530,000 a year.

http://www2.canada.com/topics/sports...8f5676&k=28510

Gainey bought out Salmelainen too.

hpNYR 06-20-2010 04:38 AM

So you save some cap if you buy out a player coming from another team?

boredmale 06-20-2010 05:30 AM

Quote:

Originally Posted by hpNYR (Post 26375643)
So you save some cap if you buy out a player coming from another team?

No, I personally don't get how doing it helps the Rangers unless the other teams sweatens the deal. If the Rangers want to keep Brashear as far away from the organization as possible just send him down to the ECHL

RangerBoy 06-20-2010 05:37 AM

Quote:

Originally Posted by hpNYR (Post 26375643)
So you save some cap if you buy out a player coming from another team?

Huh:huh:

You save cap room when you buyout your own player or an acquiring player. It's 2/3 the remaining value of the contract payed over twice the term.

If the Rangers do a deal with Colorado,the Avs would save $1.9 million in total payroll. Preissing makes $2.75 million in salary. Brashear's buyout is $866k. Over two years. $433k per year. That is what they will owe Brashear in money. $1.4 million cap hit for 10-11. Considering Colorado is not an upper limit team,$1.4 million is not going to hurt them and their ownership sheds the $2.75 million contract which allows them to use the difference on other players. Save $2.3 million in salary commitments for 10-11.

Just like the Montreal deal was all about money,a potential Rangers-Avs deal would be all about money. Samsonov didn't last long in Chicago and was shipped to Carolina.

The Rangers assign Priessing to an AHL team before the season starts but they would increase their summer cap commitments by $1.35 million.

RangerBoy 06-20-2010 05:40 AM

Carolina could be another option. Again with Samsonov. They want to trade or buy him out. $2.8 million salary. 1 year remaining on contract. Samsonov could help sell tickets in Hartford or maybe re-assign him to another AHL team.

Rutherford will have a $44 million payroll this season.

RangerBoy 06-20-2010 05:45 AM

Quote:

Originally Posted by boredmale (Post 26375742)
No, I personally don't get how doing it helps the Rangers unless the other teams sweatens the deal. If the Rangers want to keep Brashear as far away from the organization as possible just send him down to the ECHL

Brashear is a 35 plus contract. He counts against the cap regardless of where he is playing or not playing. ECHL? Only players with ELC SPCs can be assigned to the ECHL without the players permission.

The Rangers will need to take on a big salary to dump Brashear. The acquiring team(budget team/not an upper limit team) saves more money than what they are sending the Rangers.

boredmale 06-20-2010 05:49 AM

Quote:

Originally Posted by RangerBoy (Post 26375769)
Brashear is a 35 plus contract. He counts against the cap regardless of where he is playing or not playing. ECHL? Only players with ELC SPCs can be assigned to the ECHL without the players permission.

The Rangers will need to take on a big salary to dump Brashear. The acquiring team(budget team/not an upper limit team) saves more money than what they are sending the Rangers.

I got it now(i forgot about that rule).

Well as an Islanders fan I would be more then happy to trade Witt and buyout Brashear. It should be noted Witt's contract and caphit is 3M. If the Islanders can't make a deal with the Rangers, I would look into doing a trade for either of the guys mentioned(Samsonov or Preissing). In the case of Brashear they just might even keep him, we are sorely missing a lil muscle on the 4th line so for what you save when you buy him out it's just easier to keep him then go out and get another goon.

eco's bones 06-20-2010 06:34 AM

Quote:

Originally Posted by boredmale (Post 26375779)
I got it now(i forgot about that rule).

Well as an Islanders fan I would be more then happy to trade Witt and buyout Brashear. It should be noted Witt's contract and caphit is 3M. If the Islanders can't make a deal with the Rangers, I would look into doing a trade for either of the guys mentioned(Samsonov or Preissing). In the case of Brashear they just might even keep him, we are sorely missing a lil muscle on the 4th line so for what you save when you buy him out it's just easier to keep him then go out and get another goon.

I still think you're missing a little bit of the point. Witt who was signed before he was 35 in the minors doesn't count against the cap but they still have to pay him that $3 mil or whatever. So they actually save all that money trading for and buying out Brashear minus the buyout cash. For the Rangers it's about the salary cap space which counts wherever he plays because Brashear signed after he turned 35 already. Islanders save cash. Rangers save cap space at least if Witt plays in the AHL.

Keeping in mind the Rangers are always at the cap ceiling--cap space is more important for them than money. The Islanders are not going to be near the ceiling and the actual money seems to mean more to them.

Inferno 06-20-2010 06:38 AM

hmm, interesting...but if they do it now, it counts towards the summer cap making it harder to sign, well, even if not kovalchuk, other players the Rangers might want. again, assuming they go over the cap and bury Redden.

boredmale 06-20-2010 06:42 AM

Quote:

Originally Posted by eco's bones (Post 26375866)
I still think you're missing a little bit of the point.

NO I get it no matter what they do with Brashear, he still counts for the full 1.4M against the cap unless they trade him. I was just saying from an Islanders perspective if they can pull off the deal, I would just keep Brashear

Chimp 06-20-2010 06:43 AM

Just dump Redden and measly, horrible contracts like Huggybear's won't be such a problem.

eco's bones 06-20-2010 06:47 AM

Quote:

Originally Posted by Chimp (Post 26375882)
Just dump Redden and measly, horrible contracts like Huggybear's won't be such a problem.

Might as well get rid of them both though. We have no use for either of them.

RangerBoy 06-20-2010 06:53 AM

Carolina has 3 2nd round picks. Their pick(#37),#46 from Ottawa for Matt Cullen and #53 from SJ(it was Buffalo's pick-Rivet trade?) for Niclas Wallin. They have 2 3rds. Their own and the Canucks pick(#85 for Andrew Alberts).

Peter Karmanos had a minority partner who died. Karmanos is trying to find a buyer for the minority interest. He has instructed Jim Rutherford to slash the payroll. Read in the Raleigh News and Observer that it could be a $44 million payroll in Carolina. Rutherford is looking to dump Samsonov and Brind'Amour who is a 35 plus contract. $3 million salary. $3.6 million cap hit. If he doesn't retire,there is a good chance they buy him out. They will owe Brind'Amour $1 million per for 10-11 and 11-12 in real money.

Brashear to Carolina for Samsonov,#46 and #85.

Carolina saves $2.4 million this season.

RangerBoy 06-20-2010 06:55 AM

Unless the team acquiring Brashear has more than 1 arbitration case,their only buyout period ends on June 30. That was Larry's premise. The team acquiring Brashear buys him out saving real dollars. Why would the Rangers wait?

azrok22 06-20-2010 07:03 AM

Quote:

Originally Posted by RangerBoy (Post 26375913)
Unless the team acquiring Brashear has more than 1 arbitration case,their only buyout period ends on June 30. That was Larry's premise. The team acquiring Brashear buys him out saving real dollars. Why would the Rangers wait?

If the Rangers are planning on making a large free agent/trade acquisition (Kovalchuk or otherwise) and plan on waiving Redden at camp, they may not be able to absorb more than Brashear's $1.4m for the cap overage during the summer.

For example, Witt's a $3m cap hit... so if they traded for him, they would have $1.6m less to use during the offseason. They could still make the trade at trading camp to get the full $1.4m off the books, it would just mean the other team would owe Brashear the full $1.4m next year rather than 2/3rds of that amount over two years. The team acquiring him would still save $1.6m.

GAGLine 06-20-2010 07:19 AM

Quote:

Originally Posted by azrok22;26375932[B
]If the Rangers are planning on making a large free agent/trade acquisition (Kovalchuk or otherwise)[/B] and plan on waiving Redden at camp, they may not be able to absorb more than Brashear's $1.4m for the cap overage during the summer.

For example, Witt's a $3m cap hit... so if they traded for him, they would have $1.6m less to use during the offseason. They could still make the trade at trading camp to get the full $1.4m off the books, it would just mean the other team would owe Brashear the full $1.4m next year rather than 2/3rds of that amount over two years. The team acquiring him would still save $1.6m.

All indications are that they aren't planning to do that, at least from the quotes being thrown around from Torts and Sather this offseason. I don't think the extra cap during the summer will be a problem.

GAGLine 06-20-2010 07:27 AM

Quote:

Originally Posted by RangerBoy (Post 26375905)
Carolina has 3 2nd round picks. Their pick(#37),#46 from Ottawa for Matt Cullen and #53 from SJ(it was Buffalo's pick-Rivet trade?) for Niclas Wallin. They have 2 3rds. Their own and the Canucks pick(#85 for Andrew Alberts).

Peter Karmanos had a minority partner who died. Karmanos is trying to find a buyer for the minority interest. He has instructed Jim Rutherford to slash the payroll. Read in the Raleigh News and Observer that it could be a $44 million payroll in Carolina. Rutherford is looking to dump Samsonov and Brind'Amour who is a 35 plus contract. $3 million salary. $3.6 million cap hit. If he doesn't retire,there is a good chance they buy him out. They will owe Brind'Amour $1 million per for 10-11 and 11-12 in real money.

Brashear to Carolina for Samsonov,#46 and #85.

Carolina saves $2.4 million this season.

Can't see them giving up those picks just to save 2.4 mil.

xxxZENxxx 06-20-2010 08:14 AM

Quote:

Originally Posted by GAGLine (Post 26376000)
Can't see them giving up those picks just to save 2.4 mil.

I agree. It would more likely be Brashear for Samsonov straight up, because both teams are gaining something out of it. Not sure why the draft picks would be added in.

Ola 06-20-2010 08:16 AM

Quote:

Originally Posted by RangerBoy (Post 26375758)
Carolina could be another option. Again with Samsonov. They want to trade or buy him out. $2.8 million salary. 1 year remaining on contract. Samsonov could help sell tickets in Hartford or maybe re-assign him to another AHL team.

Rutherford will have a $44 million payroll this season.

Hehe, the problem is that Samsonov pretty much would be a lock in our top 6... ;)

nyr2417 06-20-2010 08:42 AM

love how sather basically told nashville to **** off when they asked for one of our prospects. gotta love the movement

RangerBoy 06-20-2010 09:05 AM

Quote:

Originally Posted by GAGLine (Post 26376000)
Can't see them giving up those picks just to save 2.4 mil.

Quote:

General manager Jim Rutherford said today that no decisions had been made. It's possible the Canes could buy out the contracts of veterans Rod Brind'Amour and Sergei Samsonov. Brind'Amour is due to make $3 million and Samsonov $2.8 million next season in the final year of their contracts.

"I've talked to Roddy a few times and we stay in constant communication, but at this point we have not reached a decision," Rutherford said.

Rutherford said the Canes' biggest focus is on next week's NHL Entry Draft in Los Angeles, although saying some significant personnel moves need to be made before July 1.

Read more: http://blogs.newsobserver.com/canes/...#ixzz0rOwASpsG

Quote:

Whitney was paid $3.55 million last season. With the Hurricanes intent on cutting spending on player salaries to about $44 million next season - all the better to help majority owner Peter Karmanos Jr. help sell off 49 percent of the team - Whitney may have to accept considerably less to stay with the Canes.
Read more: http://www.newsobserver.com/2010/06/...#ixzz0rOwMHc00

No one will touch Brind'Amour's 35 plus contract-$3.6 million cap hit in trade.

Samsonov recorded less than 30 points last season and will make close to $3 million. Rutherford has spent the last month trying to find a taker. They have $41 million committed. They are going to bring back Babchuk. He's going to cost $2-$3 million. Something has to give to meet the Karmanos budget. Buying out Roddy will cost them $1 million. Saves $2 million in salary.


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