Sabres - Devils
View Single Post
11-15-2011, 11:48 AM
Join Date: Dec 2009
Location: Fergus, ON
Originally Posted by
The bankruptcy process is a tricky animal. Creditors are king. You are essentially their *****. They may not care about next season if they think this process will be taken care of by then.
I'm completely aware of all these things. I still think Zubrus is better at wing than center, and we don't need another wing and we definitely don't need another wing masquerading as a center. (Obviously, NJ's center depth is as bad or worse than ours, hence why he's playing there.). I don't mind Zubrus, but I think he restricts how much this team can improve itself in the offseason, and I don't think he's a cure-all for this team.
If we're trading Boyes--and I hope we do at some point--I want a good deal more in cap space in addition to whomever we're acquiring. Ideally, said defensive forward will be around $2m in cap hit, which will allow for another move at the deadline. The OP is not terrible--and
you know I tell you when your proposals are terrible
--it's just not one I'd do. Agreeing to disagree is fine.
And I always appreciate your "straight-from-the-hip" mentality, especially since you always have an good explanation for your views - It's a very rare thing.
Originally Posted by
If the team can't pay their bills now, and is on the brink of bankruptcy, they're not going to add a single penny in expenses more than they have to.
Frankly, if they go into bankruptcy, they wouldn't be allowed anyway.
A contract is a contract - They
Zubrus another $3.4M after July 1, 2012 and therefore
he is a creditor
as he is not an actual employee
). unloading that contract would be a method of relieving a creditor debt, and therefore would be encouraged by any bankruptcy mediator prior to actually filing for chapter 11 protection in an effort to avoid filing such a motion, or at very least delaying it.
After filing, the move would still be potentially possible unless it was deemed to lower the value of the assets in question (team & team assets), but would ultimately require legal acceptence.
View Public Profile
Find More Posts by Blitz