HFBoards

Go Back   HFBoards > NHL Western Conference > Central Division > Dallas Stars
Notices

Dallas Stars sign Radek Faksa to an Entry Level Contract

Reply
 
Thread Tools
Old
07-06-2012, 11:18 AM
  #1
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Dallas Stars sign Radek Faksa to an Entry Level Contract

per Mark Stepneski Twitter.

This is the fastest Dallas has signed a draft pick to an ELC as far as I know, and he's the first draft pick to sign an ELC this season.

I hope they gave him a big games played bonus and allow him to collect it this year.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 11:25 AM
  #2
piqued
Global Moderator
victory green?
 
piqued's Avatar
 
Join Date: Nov 2006
Location: Dallas
Country: United States
Posts: 30,648
vCash: 27750
Always good to get these things done ASAP. Almost shockingly quickly with this though.

piqued is online now   Reply With Quote
Old
07-06-2012, 11:30 AM
  #3
usefulfiction
Registered User
 
usefulfiction's Avatar
 
Join Date: Jan 2006
Location: McKinney, TX
Country: United States
Posts: 638
vCash: 500
wish we could play him in Texas this season.

usefulfiction is online now   Reply With Quote
Old
07-06-2012, 11:36 AM
  #4
Faidh ar Rud Eigin
Modhnóirí Claonta
 
Faidh ar Rud Eigin's Avatar
 
Join Date: May 2010
Location: Transcendent
Country: Guernsey
Posts: 15,947
vCash: 500
Quote:
Originally Posted by usefulfiction View Post
wish we could play him in Texas this season.
Why? So he offensive game can get stunted like Guillaume Latendresse or Josh Bailey? The AHL doesn't help first round picks like Faksa.

Faidh ar Rud Eigin is offline   Reply With Quote
Old
07-06-2012, 11:39 AM
  #5
Fly Like a C5
Registered User
 
Fly Like a C5's Avatar
 
Join Date: Dec 2008
Country: United States
Posts: 897
vCash: 500
Quote:
Originally Posted by piqued View Post
Always good to get these things done ASAP. Almost shockingly quickly with this though.
It's nice to have an owner and money.

Fly Like a C5 is offline   Reply With Quote
Old
07-06-2012, 11:43 AM
  #6
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Quote:
Originally Posted by Prophet of Glennie View Post
Why? So he offensive game can get stunted like Guillaume Latendresse or Josh Bailey? The AHL doesn't help first round picks like Faksa.
Those are two pretty terrible examples. Latendresse has never played a single game in the AHL, and Bailey only played 11 in his 3rd pro season.

If they could have played in the AHL their first two years rather than being over matched in the NHL that probably would have been a good thing.

I agree that Faksa should go back to the OHL, and better examples for your point would be Jeremy Morin (after a single season in OHL) and Jordan Schroeder (same year he was drafted) who both jumped early to the AHL because they were not drafted out of the CHL. They still haven't made the transition to the NHL yet.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 11:45 AM
  #7
Primetimey
Registered User
 
Primetimey's Avatar
 
Join Date: Jun 2011
Location: Winnipeg, Manitoba
Country: Canada
Posts: 3,551
vCash: 83
Very nice to see this congrats to Radek.

To the comment above, Radek can't play in the AHL this season.

Primetimey is offline   Reply With Quote
Old
07-06-2012, 11:47 AM
  #8
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Quote:
Originally Posted by Primetimey View Post
Very nice to see this congrats to Radek.

To the comment above, Radek can't play in the AHL this season.
I know that. I was only addressing the example Prophet used saying the AHL is not a good development league.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 11:47 AM
  #9
Faidh ar Rud Eigin
Modhnóirí Claonta
 
Faidh ar Rud Eigin's Avatar
 
Join Date: May 2010
Location: Transcendent
Country: Guernsey
Posts: 15,947
vCash: 500
Quote:
Originally Posted by BigG44 View Post
Those are two pretty terrible examples. Latendresse has never played a single game in the AHL, and Bailey only played 11 in his 3rd pro season.

If they could have played in the AHL their first two years rather than being over matched in the NHL that probably would have been a good thing.

I agree that Faksa should go back to the OHL, and better examples for your point would be Jeremy Morin (after a single season in OHL) and Jordan Schroeder (same year he was drafted) who both jumped early to the AHL because they were not drafted out of the CHL. They still haven't made the transition to the NHL yet.
That's not the point. They were both rushed into the pro's and their offensive game was stunted. Doesn't matter if it's the AHL or NHL. That's what I was getting at.

Faidh ar Rud Eigin is offline   Reply With Quote
Old
07-06-2012, 11:51 AM
  #10
Dallasman
Registered User
 
Dallasman's Avatar
 
Join Date: Jun 2002
Location: Edmonton,Alberta
Country: Ukraine
Posts: 1,642
vCash: 500
Quote:
Originally Posted by Prophet of Glennie View Post
That's not the point. They were both rushed into the pro's and their offensive game was stunted. Doesn't matter if it's the AHL or NHL. That's what I was getting at.
Still poor examples, which is the usual for you on here.

Dallasman is offline   Reply With Quote
Old
07-06-2012, 11:54 AM
  #11
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Quote:
Originally Posted by Prophet of Glennie View Post
That's not the point. They were both rushed into the pro's and their offensive game was stunted. Doesn't matter if it's the AHL or NHL. That's what I was getting at.
I disagree. They are two different leagues with entirely different talent levels. In this case, even if Faksa was eligible I think the OHL for at least one more year is better, but that is clearly not universally true. It's may not have been true for Bailey or Latendresse either.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:01 PM
  #12
StarsFan74
Registered User
 
StarsFan74's Avatar
 
Join Date: Apr 2010
Location: Dallas, TX
Country: India
Posts: 2,278
vCash: 500
So, by signing him this fast, aren't we losing one year of his ELC, since he isn't going to play in the AHL- something that arguably is not very popular amongst fans here?

StarsFan74 is offline   Reply With Quote
Old
07-06-2012, 12:01 PM
  #13
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
I did think of another good example for reasons to not rush a guy to the AHL: Tomas Tatar. He was drafted by Detroit and immediately sent to the AHL. With 3 full seasons in the AHL he's only played 9 NHL games, and he's not exactly tearing up the AHL offensively.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:02 PM
  #14
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Quote:
Originally Posted by StarsFan74 View Post
So, by signing him this fast, aren't we losing one year of his ELC, since he isn't going to play in the AHL- something that arguably is not very popular amongst fans here?
No. Players who are 18 years old will have their contract slide 2 years as long as they don't play more than 9 NHL games in either season.

He's not eligible to play in the AHL until 2014-15 because he was drafted out of the CHL.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:06 PM
  #15
StarsFan74
Registered User
 
StarsFan74's Avatar
 
Join Date: Apr 2010
Location: Dallas, TX
Country: India
Posts: 2,278
vCash: 500
Quote:
Originally Posted by BigG44 View Post
No. Players who are 18 years old will have their contract slide 2 years as long as they don't play more than 9 NHL games in either season.

He's not eligible to play in the AHL until 2014-15 because he was drafted out of the CHL.
Of course .

There's something I never bothered to learn.

StarsFan74 is offline   Reply With Quote
Old
07-06-2012, 12:06 PM
  #16
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
To explain this a bit better, Faksa will receive his $92,500 signing bonus immediately. At the end of the season, his contract will slide one year as long as he didn't play more than 9 NHL games. This means that technically Year 1 of his contract is now the 2013-14 season, but he loses the Year 1 signing bonus (off the contract ... he doesn't return the money).

In 2013-14, he is paid the Year 2 signing bonus .. again likely $92,500. At the end of the season if he hasn't played more than 9 NHL games, his contract slides an additional year. The 2014-15 season now becomes the official year 1 of his ELC, but again he loses the Year 2 signing bonus.

Now his ELC will carry him 3 years until the end of 2016-17, but he'll only get paid one more bonus in 2014-15.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:14 PM
  #17
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
StarsFan74,

This is just an FYI, but the games played bonus I was talking about earlier is a form of salary.

With an ELC ... salary literally means the actually NHL salary + signing bonus + games played bonuses. Most 1st round draft picks get max salary and max signing bonus with no games played bonus. The max total salary right now is $925K, and the max signing bonus is 10% of that. Therefore, a standard ELC to a 1st round pick pays a signing bonus of $92,500 and a NHL salary of $832,500.

Since the league minimum on a contract right now is $525,000, you could give a player that as their NHL salary, a max signing bonus of $92,500, and then any number of games played bonuses up to a total of $307,500. In that past, Dallas might give a guy 4 games played bonuses paying $10,000 each for 10, 20, 40, and 60 games played.

With an undrafted free agent, a common practice you'll see is giving a guy a max 1 game played bonus of around $307,500, and then give him a verbal guarantee you'll give him the opportunity to collect.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:21 PM
  #18
StarsFan74
Registered User
 
StarsFan74's Avatar
 
Join Date: Apr 2010
Location: Dallas, TX
Country: India
Posts: 2,278
vCash: 500
Quote:
Originally Posted by BigG44 View Post
StarsFan74,

This is just an FYI, but the games played bonus I was talking about earlier is a form of salary.

With an ELC ... salary literally means the actually NHL salary + signing bonus + games played bonuses. Most 1st round draft picks get max salary and max signing bonus with no games played bonus. The max total salary right now is $925K, and the max signing bonus is 10% of that. Therefore, a standard ELC to a 1st round pick pays a signing bonus of $92,500 and a NHL salary of $832,500.

Since the league minimum on a contract right now is $525,000, you could give a player that as their NHL salary, a max signing bonus of $92,500, and then any number of games played bonuses up to a total of $307,500. In that past, Dallas might give a guy 4 games played bonuses paying $10,000 each for 10, 20, 40, and 60 games played.

With an undrafted free agent, a common practice you'll see is giving a guy a max 1 game played bonus of around $307,500, and then give him a verbal guarantee you'll give him the opportunity to collect.
Thanks.

StarsFan74 is offline   Reply With Quote
Old
07-06-2012, 12:21 PM
  #19
Frozen Failure
Best Threadkiller
 
Frozen Failure's Avatar
 
Join Date: Nov 2007
Location: Richardson, TX
Country: Canada
Posts: 6,410
vCash: 2111
Send a message via AIM to Frozen Failure Send a message via Yahoo to Frozen Failure
He will get his nine games and be sent down to Kitchener, and Eakin will get called up. Both will play 3c.

Frozen Failure is offline   Reply With Quote
Old
07-06-2012, 12:25 PM
  #20
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Jamie Oleksiak, the 14th overall pick in 2011, received max salary and signing bonus from Dallas. They also gave him some A bonuses. In his first season, he can earn $212,500 which is 1/4 of the max on A bonuses. His A bonus increase to $575,000 and $637,500 the final 2 years. The max A bonus is $850,000.

Jack Campbell, the 11th overall pick in 2010, also received max salary and signing bonus. He received $600,000 in A bonuses across the board.

I would assume Faksa gets a similar contract, his cap hit will likely be between $1.4 million and $1.775 million.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:26 PM
  #21
StarsFan74
Registered User
 
StarsFan74's Avatar
 
Join Date: Apr 2010
Location: Dallas, TX
Country: India
Posts: 2,278
vCash: 500
Quote:
Originally Posted by BigG44 View Post
To explain this a bit better, Faksa will receive his $92,500 signing bonus immediately. At the end of the season, his contract will slide one year as long as he didn't play more than 9 NHL games. This means that technically Year 1 of his contract is now the 2013-14 season, [B]but he loses the Year 1 signing bonus (off the contract ... he doesn't return the money).

In 2013-14, he is paid the Year 2 signing bonus .. again likely $92,500. At the end of the season if he hasn't played more than 9 NHL games, his contract slides an additional year. The 2014-15 season now becomes the official year 1 of his ELC, but again he loses the Year 2 signing bonus.

Now his ELC will carry him 3 years until the end of 2016-17, but he'll only get paid one more bonus in 2014-15.
So, does he start collecting his salary (the part besides the signing bonus and games played bonus) only when he actually plays >9 games in the NHL?

StarsFan74 is offline   Reply With Quote
Old
07-06-2012, 12:34 PM
  #22
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Quote:
Originally Posted by StarsFan74 View Post
So, does he start collecting his salary (the part besides the signing bonus and games played bonus) only when he actually plays >9 games in the NHL?
Salary in the NHL is paid on a daily scale. Last year there were 185 days in the season. So let's just assume that will be a similar number this year.

Therefore, Faksa's daily rate would be $4,500 (1/185 of $832,500).

The regular season starts on October 11th. The Stars play their 9th game of the season on October 30th. If they assigned him to the OHL the next day, he'd earn 20 days or $90,000. He would have already received his signing bonus of $92,500 as well. If Dallas wanted they could have also written in a games played bonus for him to earn $0 to $307,500 as well.

He'd earn anywhere from $182,500 to $490,000 for just under a month in the NHL.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:37 PM
  #23
BigG44
Registered User
 
BigG44's Avatar
 
Join Date: Jul 2007
Posts: 20,613
vCash: 475
Personally, I think it would be a nice gesture from the Stars to write in that games played bonus. The kid has sacrificed a ton to get to this point, and that money would go a long way for his his efforts and to help his family.

The downside is his contract will likely slide. That means Dallas would have to be prepared to commit that money, nearly $500K, to him the following two season as well. The final 2 years of the ELC wouldn't have to need a games played bonus written in.

BigG44 is offline   Reply With Quote
Old
07-06-2012, 12:53 PM
  #24
Frozen Failure
Best Threadkiller
 
Frozen Failure's Avatar
 
Join Date: Nov 2007
Location: Richardson, TX
Country: Canada
Posts: 6,410
vCash: 2111
Send a message via AIM to Frozen Failure Send a message via Yahoo to Frozen Failure
Faksa would make as much per day as I make per month... I'm obviously in the wrong profession over here... perspective.

Frozen Failure is offline   Reply With Quote
Old
07-06-2012, 01:37 PM
  #25
Bench
Moderator
Realgud!
 
Bench's Avatar
 
Join Date: Aug 2011
Location: Monk's
Posts: 7,179
vCash: 500
Quote:
Originally Posted by Frozen Failure View Post
Faksa would make as much per day as I make per month... I'm obviously in the wrong profession over here... perspective.
Screw that. If you really want your payday, learn how to hit a baseball.

You're allowed to keep your beer gut and everything.


Bench is offline   Reply With Quote
Reply

Forum Jump


Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:29 PM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2014 All Rights Reserved.