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TSN - Expected 2009-2010 Cap at $55M

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Old
11-22-2008, 11:11 AM
  #26
CantSeeColors
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Quote:
Originally Posted by Jester View Post
This I'm actually curious about. All these front-loaded contracts...if we buy them out, are we capable of lowering their cap hit once we get to those tail years?

Briere's contract ends with some absurdly small numbers as I recall.
$3M and $2M in the final two years. The formula is something like 2/3 of the remaining value over double the years, right? If so, buying out the last two years would give us a cap hit of $.833M over four years, so yeah, nice cap savings.

edit: looks like Storm beat me as I browsed the CBA

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11-22-2008, 11:14 AM
  #27
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Originally Posted by CantSeeColors View Post
$3M and $2M in the final two years. The formula is something like 2/3 of the remaining value over double the years, right? If so, buying out the last two years would give us a cap hit of $.833M over four years, so yeah, nice cap savings.

edit: looks like Storm beat me as I browsed the CBA
You really just have to hope that Briere produces up until those final two years, because the year before it drops to $3M, he's still making $7M.

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Old
11-22-2008, 11:52 AM
  #28
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Buyout savings will be added to the caphit (EXPLANATION):

Briere's contract:
1. $10.000.000
2. $8.000.000
3. $8.000.000
4. $7.000.000
5. $7.000.000
6. $7.000.000
7. $3.000.000
8. $2.000.000
Total: 52.000.000

Caphit: 6.500.000
Buyout Amount after 6 Years: 3.333.333
Buyout Payment (4 years): 833.333
Buyout Savings
7. $2.333.333
8. $1.333.333

Buyout Caphit:
7. $4.166.667 (13/14)
8. $5.166.667 (14/15)
9. $833.333 (15/16)
10. $833.333 (16/17)


It's way more expensive than you think, not really an option if he still can play.

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Old
11-22-2008, 02:04 PM
  #29
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That's still not an inconsequential amount to save. Of course you don't do it if he can still play, but in year 7 of that deal he'll be 36. $6.5M is an awfully high cap hit for a guy who might be nothing more than a third liner/PP specialist by then. Replacing him with an $850k rookie might be worth it. Still, the best hope is that he either keeps up his production or retires so we're not in this mess to begin with.

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Old
11-22-2008, 02:08 PM
  #30
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Quote:
Originally Posted by CantSeeColors View Post
That's still not an inconsequential amount to save. Of course you don't do it if he can still play, but in year 7 of that deal he'll be 36. $6.5M is an awfully high cap hit for a guy who might be nothing more than a third liner/PP specialist by then. Replacing him with an $850k rookie might be worth it. Still, the best hope is that he either keeps up his production or retires so we're not in this mess to begin with.
More specifically, if you're looking a few years out...you're going to have to consider the Carter, JVR, etc. contracts that will need to get paid. A couple million can go a long way.

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Old
11-22-2008, 02:30 PM
  #31
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Originally Posted by Jester View Post
More specifically, if you're looking a few years out...you're going to have to consider the Carter, JVR, etc. contracts that will need to get paid. A couple million can go a long way.
Or you try to trade him to a team with trouble reaching the salary floor, like this years LA Kings. He will be cheap but has a big cap hit, perfect fit for a rebuilding team. And yes, I know about the NMC but if he doesn't want to waive it he still can be waived and someone can claim him. With Briere on a team that team can spent 3.5 (4.5) million dollar less than the salary floor will be.

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Old
11-22-2008, 03:27 PM
  #32
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Probabaly means bye bye to Jones and Lupul

Gagne-Briere-Nodl
Upshall-Carter-Giroux
JVR-Richards-Hartnell

Timonen-Coburn
Carle-Vaananen(hopefully re-signs)
Parent-Sbisa

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Old
11-22-2008, 03:47 PM
  #33
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Originally Posted by MountainHawk View Post
What part of 'no movement clause' do you not understand. No trades, no waivers, no going to the minors.

Briere will be a Flyer until June 30, 2015, unless he retires.
no movement clause doesnt mean we cant trade him. it just means he gets to choose his destination

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Old
11-22-2008, 03:53 PM
  #34
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Originally Posted by Rick Deckard View Post
Or you try to trade him to a team with trouble reaching the salary floor, like this years LA Kings. He will be cheap but has a big cap hit, perfect fit for a rebuilding team. And yes, I know about the NMC but if he doesn't want to waive it he still can be waived and someone can claim him. With Briere on a team that team can spent 3.5 (4.5) million dollar less than the salary floor will be.
That is a caveat that I hadn't thought of...and was the threat the Bolts made to Boyle.

Quote:
Originally Posted by RJ8812 View Post
no movement clause doesnt mean we cant trade him. it just means he gets to choose his destination
True, but given his age and number of young children...I can't imagine he'll be jumping at being traded, especially given the fact that we're going to be a pretty good team presumably.

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Old
11-22-2008, 10:53 PM
  #35
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Quote:
Originally Posted by Rick Deckard View Post
Or you try to trade him to a team with trouble reaching the salary floor, like this years LA Kings. He will be cheap but has a big cap hit, perfect fit for a rebuilding team. And yes, I know about the NMC but if he doesn't want to waive it he still can be waived and someone can claim him. With Briere on a team that team can spent 3.5 (4.5) million dollar less than the salary floor will be.
A no movement clause means he can't be waived. Their only options are to trade him if he waives the NMC or to buy him out.

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Old
11-22-2008, 11:05 PM
  #36
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Originally Posted by Libertine View Post
A no movement clause means he can't be waived. Their only options are to trade him if he waives the NMC or to buy him out.
I think he can be waived but not sent to the AHL

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Old
11-22-2008, 11:06 PM
  #37
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Originally Posted by rayearth View Post
The one having problems paying its players?
http://communities.canada.com/edmont...n-roloson.aspx
Ouch.

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Old
11-22-2008, 11:20 PM
  #38
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I think he can be waived but not sent to the AHL
NTC - player cannot be traded without his consent; consent not required for waivers for assignment to minors.
NMC - player cannot be traded, waived for a claim by another team, or assigned to the minors without his consent

http://www.nhlscap.com/no_trade.htm

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Old
05-21-2009, 09:11 PM
  #39
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if you guys think 09-10 will be bad wait til 10-11

http://www.uhnd.com/bb/forum/index.p...2&msgid=101891

What teams are in big cap trouble?

Well, there is none bigger than Philadelphia Flyers. Somehow, the Flyers have managed to commit $44,575,000 for the 2010/2011 season to 10 players. That leaves less than $2M to sign another 14 players! Given that the minimum NHL salary is $475,000, the Flyers will have to move at least 2 of their committed salaries for 2010/2011 and then fill out their roster with minimum salary players.

Flyer fans, get ready to say goodbye to at least two of Danny Briere ($6.5M), Mike Richards ($5.75M), Jeff Carter ($5M), Simone Gagne ($5.25M), Scott Hartnell ($4.2M), Joffrey Lupul ($4.25M), Kimmo Timonen ($6.33M), Matt Carle ($3.44M) as the Flyer try to shed salary to create cap space. And you can bet there is very little interest in either of the 30-somethings (Briere and Timonen) at those prices, so it's very likely the Flyers will have to move one or two of their good young core.

However, recognizing you’ve got a problem is only the first step. Once the Flyers see their predicament, their next three problems arise. One, trying to get anything remotely close to fair market value for one of these players in a trade. Two, the player’s value is diminishing every day. And three, finding a buyer.

Forget fair market value

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Old
05-21-2009, 09:16 PM
  #40
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Originally Posted by Reydin View Post
if you guys think 09-10 will be bad wait til 10-11

http://www.uhnd.com/bb/forum/index.p...2&msgid=101891

What teams are in big cap trouble?

Well, there is none bigger than Philadelphia Flyers. Somehow, the Flyers have managed to commit $44,575,000 for the 2010/2011 season to 10 players. That leaves less than $2M to sign another 14 players! Given that the minimum NHL salary is $475,000, the Flyers will have to move at least 2 of their committed salaries for 2010/2011 and then fill out their roster with minimum salary players.

Flyer fans, get ready to say goodbye to at least two of Danny Briere ($6.5M), Mike Richards ($5.75M), Jeff Carter ($5M), Simone Gagne ($5.25M), Scott Hartnell ($4.2M), Joffrey Lupul ($4.25M), Kimmo Timonen ($6.33M), Matt Carle ($3.44M) as the Flyer try to shed salary to create cap space. And you can bet there is very little interest in either of the 30-somethings (Briere and Timonen) at those prices, so it's very likely the Flyers will have to move one or two of their good young core.

However, recognizing you’ve got a problem is only the first step. Once the Flyers see their predicament, their next three problems arise. One, trying to get anything remotely close to fair market value for one of these players in a trade. Two, the player’s value is diminishing every day. And three, finding a buyer.

Forget fair market value

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Old
05-21-2009, 09:18 PM
  #41
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This is why you need to draft well.

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Old
05-21-2009, 09:20 PM
  #42
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Originally Posted by go kim johnsson 514 View Post
This is why you need to draft well.
Honestly, except for goalies, I think the Flyers have done so.

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Old
05-21-2009, 09:23 PM
  #43
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Originally Posted by UseYourAllusion View Post
Honestly, except for goalies, I think the Flyers have done so.
I totally agree hence the problem, kinda sad really, you draft well develop them into front line talent then you have to give em up.

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05-21-2009, 09:24 PM
  #44
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Honestly, except for goalies, I think the Flyers have done so.
If by 1st round picks, then you're right.

Beyond that no.

In honesty, the college free agents they have signed have worked out well, but you say 'except for goalies' what rounds do they usually draft their goalies?

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Old
05-21-2009, 09:30 PM
  #45
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www.nhlnumbers.com has the Flyers with $42.968 million committed for 2010-11.

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Old
05-21-2009, 09:33 PM
  #46
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The NHLPA will be pushing even harder when this comes down for the relocation of a few struggling markets. Bettman should be fired! The lockout didnt change a damn thing! High ticket prices and a league of havs and hav nots.....I hope the Cap drops to 39 Mill.

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05-21-2009, 09:34 PM
  #47
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By my count the only player the Flyers drafted outside of the 1st round that is a regular on the roster is Nitty.

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Old
05-21-2009, 09:36 PM
  #48
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I'd prefer that if it came to it that they just buy people out instead of dealing draft picks to get rid of guys. If you're trading good prospects and draft picks just to get rid of guys, what are you going to fill out your roster with? There are only so many Darroll Powe's out there. Incur the cap hit, and sign the guys who only make $500-700K. Especially on defense. Our defense is not good enough for what's being spent on it.

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Old
05-21-2009, 09:36 PM
  #49
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Originally Posted by digger18 View Post
The NHLPA will be pushing even harder when this comes down for the relocation of a few struggling markets. Bettman should be fired! The lockout didnt change a damn thing! High ticket prices and a league of havs and hav nots.....I hope the Cap drops to 39 Mill.
if the cap drops to 39M we will all be in big trouble. your favourite hockey teams salary issues will be the last thing you will care about.

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Old
05-21-2009, 09:41 PM
  #50
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Originally Posted by go kim johnsson 514 View Post
If by 1st round picks, then you're right.

Beyond that no.
Being as consistently successful as they have been with firsts is no small feat. And they have one of the better prospect pools right now.


Quote:
Originally Posted by go kim johnsson 514 View Post
In honesty, the college free agents they have signed have worked out well, but you say 'except for goalies' what rounds do they usually draft their goalies?
Late. And they haven't worked out.

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