View Single Post
Old
05-27-2010, 01:58 AM
  #1
not quite yoda
Registered User
 
Join Date: Feb 2002
Country: Qatar
Posts: 3,502
vCash: 500
The MEGA cap friendly contract (Halak or Price)

So how do we fit Plekanec and our number 1 under the cap and continue to be competitive next year?

Now just to be clear I propose we do this to ONE of the goalies, not both. The other would be dealt to fill another hole.

The Halak version.

the 40 year old contract
year age actual salary

1 26 4
2 27 6
3 28 6.5
4 29 6.5
5 30 6.5
6 31 6
7 32 6
8 33 4
9 34 3
10 35 3
11 36 3
12 37 3
13 38 1
14 39 1
15 40 1
15 years 60.5 million total
4.03 avg cap hit


OR for the rest of you

The Price version
the 40 year old contract

year age actual salary
1 23 2.5
2 24 2.5
3 25 3
4 26 4
5 27 6
6 28 6.5
7 29 6.5
8 30 6.5
9 31 6
10 32 6
11 33 4
12 34 3
13 35 3
14 36 3
15 37 3
16 38 1
17 39 1
18 40 1
18 years 68.5 total
3.8 avg




...of course in the last 3 years of each deal they make only 1 million a year so (much like the Hossa contract) it is designed to be able to buy them out for the last three years for only 0.66M$ for each season.

It's a gamble that he stays that good for that long but the cap friendly hit makes it worth it in my opinion.

Please note that Luongo, Zetterberg, Hossa and Richards all have these types of contracts. So if you believe in one of these guys... why not?

not quite yoda is offline   Reply With Quote