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[NJD] Trent Hunter and Colin White for buyout [Both Cleared and Bought Out]

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Old
08-01-2011, 04:06 PM
  #126
LEAFANFORLIFE23
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I'd like to see Hunter in our bottom 6 he'd be a major upgrade for us in the bottom 6

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Old
08-01-2011, 04:09 PM
  #127
Adam Larsson
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Quote:
Originally Posted by NFITO View Post
$1.66 mill is basically the cost of a decent 3rd liner or good bottom-pairing dman. It's a cap waste to have that kind of money paid out without a body to contribute for it.

And yes, I realize that Rolston's buyout would have been much higher. That makes him a bad UFA signing to begin with. They basically signed dead cap space for the next couple years and no matter how you spin that, it's poor cap management.

Buyouts happens to try and minimize mistakes. If those signings weren't mistakes to begin with, there wouldn't be a need for buyouts. Just because Drury was a bigger mistake for the Rangers doesn't mean that Rolston and White weren't mistakes for the Devils.
Of course its not the best cap management. You never wanna pay for guys that arent on the team we had to do that with Pandolfo the last two seasons. But all this consdidered it was the best option for a bad situation. The mistakes werent made today, they were made when the signings happened years ago, thats what the problem stems from not the moves made today. It's called making the best out of bad situation and i feel that was done today. I know what Colin Whiite is capable of and he will not be the differnce between us being a playoff team or not being a playoff team.

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08-01-2011, 04:12 PM
  #128
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Originally Posted by LEAFANFORLIFE23 View Post
I'd like to see Hunter in our bottom 6 he'd be a major upgrade for us in the bottom 6
I suspect he would come rather cheaply. If Lombardi is back, I cant see Hunter anywhere above 4th line for the Leafs though. I think he'd look at a team that could offer more minutes. Leafs obviously arent stacked but they are pretty stacked with 2nd/3rd line tweeners.

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Old
08-01-2011, 04:26 PM
  #129
Bologna 1
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im not too disappointed over this move to be completely honest as a devils fan.

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Old
08-01-2011, 04:29 PM
  #130
Darrelle Lundqvist
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I figured that the deal for Hunter was cap dump for the Devils. I just couldn't see a spot for him in their bottom six.

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Old
08-01-2011, 04:36 PM
  #131
Robert Theodorson
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So when are they officially waived, 24 hours after the paperwork is put in? Seems like no suitors yet, can't believe nobody would want White for 1.5M for 1 year.

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Old
08-01-2011, 04:46 PM
  #132
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Quote:
Originally Posted by SwedeSpeedBackstrom View Post
So when are they officially waived, 24 hours after the paperwork is put in? Seems like no suitors yet, can't believe nobody would want White for 1.5M for 1 year.
You're confusing waivers and re-entry waivers. White will only be going on regular waivers, so if he is claimed, the team would assume his full $3m contract for 1 year.

Only if a player is put on re-entry waivers is the money/cap hit split between the original team and the team claiming him. In this case, White won't ever be on re-entry waivers, because Lou has already made clear that he intends to buy White out.

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Old
08-01-2011, 04:48 PM
  #133
kdb209
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Quote:
Originally Posted by La Grosse Tendresse View Post
How can they buy players out at this time? I thought Parise was settled outside of arbitration, thus not giving the Devils the right to buy players out now.

To all you CBA geeks, what am I missing?
The second window, "Buy-Outs Outside the Regular Period", is triggered when an arbitration case is settled, either by an arbitration decision/award or a settlement/signing before arbitration.
Quote:
Originally Posted by CBA Exhibit 1 - Standard Players Contract Paragraph 13
(c) The notice of termination shall be effective if given in the form attached as
Exhibit 20, with a copy faxed to the NHLPA and Central Registry as follows:
(i) beginning the later of June 15 or forty-eight (48) hours after the
conclusion of the Stanley Cup Finals and ending at 5:00 p.m. New York time on June 30; and

(ii) For Clubs who have Club or Player elected Salary Arbitration filings
pursuant to Article 12, within the forty-eight (48) hour period beginning on the third day
following the later of: (i) the Club's receipt of its last salary arbitration award; or (ii) settlement
of its last case
(provided such award was received or such settlement occurred after 7:00 p.m.
New York time; awards or settlements that occurred or were received after 7:00 p.m. New York
time will be deemed to have occurred or received the following business day for purposes of this
provision).
Quote:
Originally Posted by caley View Post
If I remember correctly, it's not having an arbitration hearing, it's having a hearing scheduled. So, because the Devils had an arbitration scheduled for Parise this week, even though they signed him negating the hearing, they still get a buy-out window for the period where the arbitration would have taken place.
Almost correct. The second arbitration window would have been triggered when the Devils registered Parises' SPC with the League, not when his arb hearing was scheduled.

Quote:
Originally Posted by GM17 View Post
I thought *thought* it was that on top of only signing for 1 year. if he signed for 2+ I don't think the buyout window would reopen.
Whether a player is awarded a 1 y or 2 yr arbitration award or signs a 1 yr or multi year SPC before the arbitration has no effect on the second arbitration window.

Quote:
Originally Posted by GAGLine View Post
No, you just need 2 or more arbitration cases. It doesn't matter how they are settled. Once the last case is settled, you get the 2nd buyout window.
This is a common bit of CBA misinformation. A team does not need two arbitration cases in order to exercise buyouts during the second window. The only limitation is that a team may not exercise a Buy-Out Outside the Regular Period if they have only one arbitration case AND that case was a team elected arbitration in lieu of a QO (for players earning >$1.5M).


Quote:
Originally Posted by Mouser
Quote:
Originally Posted by Teemu
Additionally, having two or more players file for arbitration allows a second buyout period in August. Could be a pretty important detail for the Hawks if Olesz is in better shape
The requirement is actually only having one player file for arbitration. Or even the team take a single player to arbitration in the right circumstances.

There was a popular misunderstanding on the forums for a long time over the language in section 11.18 of the CBA.
Quote:
CBA Section 11.18 Ordinary Course Buy-Outs Outside the Regular Period. Clubs shall have the
right to exercise Ordinary Course Buy-Outs outside the regular period for Ordinary
Course Buy-Outs in accordance with Paragraph 13(c)(ii) of the SPC. Each Club shall be
limited to no more than three (3) such buyouts over the term of this Agreement pursuant
to Paragraph 13(c)(ii) of the SPC. However, in the event that a Club has only one salary
arbitration hearing pursuant to Section 12.3(a) in a given League Year, such Club shall
not be entitled to exercise such a buyout outside the regular period for Ordinary Course
Buy-Outs.
No Club shall exercise an Ordinary Course Buy-out outside the regular period
for any Player earning less than $1 million.
If you look at section 12.3(a) you'll see it refers to club-elected salary arbitration though, not player-elected arbitration. And further, it only refers to club-elected salary arbitration in lieu of making a qualifying offer by the June deadline. So a team could still elect salary arbitration in the July 5th/6th window and still trigger the buyout window.

Quote:
CBA Section 12.3(a) Club-Elected Salary Arbitration For Players With Paragraph 1 NHL
Salaries plus Signing, Roster, and Reporting Bonuses Greater Than $1,500,000 In The
Prior League Year.

(i) If a Player who is otherwise eligible to receive a Qualifying Offer
and become a Group 2 Restricted Free Agent had a Paragraph 1
NHL Salary plus Signing, Roster and Reporting Bonuses in excess
of $1,500,000 in the aggregate in the final League Year of his most
recent SPC, a Club may elect to file for salary arbitration to
determine the Player's Paragraph 1 Salary for the upcoming
League Year in lieu of making a Qualifying Offer to such Player.

(ii) In any salary arbitration that takes place pursuant to this Section
12.3(a), the Salary Arbitrator may not award the Player a
Paragraph 1 Salary that is less than eighty-five (85) percent of the
aggregate sum of Player's Paragraph 1 Salary plus Signing,
Reporting and
And the arbitration case doesn't even have to go to an arbitrator ruling to trigger the buyout window either.

Quote:
CBA Exhibit 1 Standard Player Contract paragraph 13(c)(ii) For Clubs who have Club or Player elected Salary Arbitration filings
pursuant to Article 12, within the forty-eight (48) hour period beginning on the third day
following the later of: (i) the Club's receipt of its last salary arbitration award; or (ii) settlement
of its last case (provided such award was received or such settlement occurred after 7:00 p.m.
New York time; awards or settlements that occurred or were received after 7:00 p.m. New York
time will be deemed to have occurred or received the following business day for purposes of this
provision).
Note, that Parise's arbitration was a case under 12.3(a) - team elected arbitration in lieu of a QO. If Parise had been the only Devil to elect or be elected for arbitration, the Devils could not now elect to buy out Hunter & White - however Mark Fraser also elected arbitration, making that point moot.

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Old
08-01-2011, 05:58 PM
  #134
jkrdevil
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Quote:
Originally Posted by SwedeSpeedBackstrom View Post
So when are they officially waived, 24 hours after the paperwork is put in? Seems like no suitors yet, can't believe nobody would want White for 1.5M for 1 year.
To claim White off of regular waivers it is full price (3 million). You are thinking re-entry waivers which White won't be placed on as he will be bought out instead of placed in Albany.

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Old
08-01-2011, 06:04 PM
  #135
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If the Oilers don't claim him they are crazy. He would fill a huge void the oil have right now, and they have the space. He gives them veteran leadership and a player who has been a playoff warrior for the last 10 years. White would add some sandpaper so sorely missed last season.

Whitney Gilbert
White Smid
Barker Sutton

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Old
08-01-2011, 06:06 PM
  #136
Sayonara77
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Very surprised that white got bought up. Guy's still a solid no.4/5 defenceman, and was arguably the devil's best defenceman from what I have been seeing. There should be teams that should have some interest.

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Old
08-01-2011, 06:47 PM
  #137
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Quote:
Originally Posted by GM17 View Post
Larsson - Larsson
Larsson - Volchenkov
Larsson - Larsson
On NHL 14' that's probably gonna be a killer blueline.

Quote:
Originally Posted by NJDevils95 View Post
White is being bought out so Larsson can have #5.
I wish that was true and on TV now. Would feel like I was living in a sports comedy.

Quote:
Originally Posted by rt View Post
If Garth wanted him, why not just have Lou drop him into the Rolston for Hunter trade?
There's always the chance that Lou brings him up via re-entry waivers again. Makes it so that he's got a 1.5M cap hit for a single season then the cap hit is over. Another team would without a doubt pick him up at that cap hit.

Quote:
Originally Posted by ChibiPooky View Post
Colin White won't make it to being bought out. Hopefully he makes it all the way down to the Caps though Would make Erskine expendable.
I find it hilarious that a non-playoff team waives a player and suddenly a fan of a powerhouse team is licking their chops over getting an upgrade. NHL needs help. lol

Quote:
Originally Posted by untouchable21 View Post

If Vancouver could find a taker for Ballard, they could be interested as well.
Islanders?

Quote:
Originally Posted by Chayos View Post
If the Oilers don't claim him they are crazy. He would fill a huge void the oil have right now, and they have the space. He gives them veteran leadership and a player who has been a playoff warrior for the last 10 years. White would add some sandpaper so sorely missed last season.

Whitney Gilbert
White Smid
Barker Sutton
Must say that's a pretty mean looking blueline. With Peckham as the #7 guy we can keep our youngsters down in the AHL all year to develop. They need the time.

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Old
08-01-2011, 07:04 PM
  #138
Human
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White was the next Paul Martin just a season ago...

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Old
08-01-2011, 07:20 PM
  #139
Joey McMoss
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Do the Oilers have first chance at him?

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Old
08-01-2011, 07:24 PM
  #140
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Oilers please hear the sign from the heavens and take this god damn man. Colin white and Oilers= perfect match, he would probably be our 2nd best D man.

Whitney-White
Gilbert-Peckham
Barker-Smid
Sutton-Petry-Chorney

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Old
08-01-2011, 07:30 PM
  #141
ChibiPooky
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Quote:
Originally Posted by thadd View Post
I find it hilarious that a non-playoff team waives a player and suddenly a fan of a powerhouse team is licking their chops over getting an upgrade. NHL needs help. lol
Hey, an upgrade is an upgrade, whether it's the 1st C or the 6th D. Depth is important, too.

Would you want to lose a Cup because your worst defenseman wasn't quite good enough, knowing that you had a chance to get someone better but didn't just because he came from a crappy team?

Also, if you read more of my posts, you'll realize that I lick my chops a lot. I wouldn't read too much into it.

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Old
08-01-2011, 07:32 PM
  #142
Joey McMoss
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Quote:
Originally Posted by Pravi83Oil View Post
Oilers please hear the sign from the heavens and take this god damn man. Colin white and Oilers= perfect match, he would probably be our 2nd best D man.

Whitney-White
Gilbert-Peckham
Barker-Smid
Sutton-Petry-Chorney
Yup. I will be very dissapointed if we don't get White, especially if we get first crack at him.

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Old
08-01-2011, 07:36 PM
  #143
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Why wasn't he shopped?

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Old
08-01-2011, 07:39 PM
  #144
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Originally Posted by smackdaddy View Post
Why wasn't he shopped?
He was since the end of the season. Apparently there was no interest. Also heard he would only waive his NTC for a Western conference team, so they only shopped to half the league.

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Old
08-01-2011, 07:52 PM
  #145
Jason MacIsaac
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Quote:
Originally Posted by NFITO View Post
If cap space is so important to you, don't you see the problem with signing or acquiring players and then buying them out? You do realize that a portion of that cap hit remains for twice the length of the original contract.

When you buy out players you do so because the original contracts you gave them were not good contracts and was not good cap management to begin with. Buying them out later and taking that extra cap hit for twice the length doesn't make it good cap management.
Just going to stomp a little on your Lou theory. New Jersey drafted poorly for 7 or so years, in that time Lou did what any respectable GM would do, who wants to win that is, he went out and had to pay for 2nd, 3rd, 4th liners and defensmen. When you go through UFA to fill holes, you will overpay and get contracts with a poor term.

I dare you to find a team with a poor drafting record the last 10 years who has had success through FA and made playoffs nearly every year (- the MacLean freak year).

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Old
08-01-2011, 07:53 PM
  #146
DatBoyJPP
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White was the next Paul Martin just a season ago...
lol what?

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Old
08-01-2011, 07:58 PM
  #147
PaulSedin
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how long does each team have to decide to claim him or not before the next team has the chance.

would have been cheaper to just buyout rolston

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Old
08-01-2011, 08:03 PM
  #148
MasterofGrond
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Quote:
Originally Posted by paul123 View Post
how long does each team have to decide to claim him or not before the next team has the chance.

would have been cheaper to just buyout rolston
Buying out Rolston doesn't save cap space.

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Old
08-01-2011, 08:04 PM
  #149
karnige
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seems like a waste imo

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Old
08-01-2011, 08:20 PM
  #150
kdb209
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Originally Posted by paul123 View Post
how long does each team have to decide to claim him or not before the next team has the chance.
It doesn't work like that. There is no order to put in a claim. All teams put in claims at the same time and whoever has the highest priority wins.

Once a player is put on waivers (waivers are processed every day @ 12PM New York time) all teams are notified and have 24 hrs (48 hrs if waivers start on Sat or Sun) to put in a claim. After 24/48 hrs, if any team(s) put in a claim, whichever team had the highest priority(*) gets the player - if not, he clears.

(*) priority is based on the reverse order of the standings (based on pts/game played). Before Nov 1, the priority is based on the previous years standings, on or after Nov 1 it is based on the current ones.

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