HFBoards

Go Back   HFBoards > General Hockey Discussion > Trade Rumors and Free Agent Talk
Trade Rumors and Free Agent Talk Trade rumors, transactions, and free agent talk. Rumors must contain the word RUMOR in post title. Proposals must contain the word PROPOSAL in post title.

Hurricanes Sign Welsh 2 year 2 way deal

Reply
 
Thread Tools
Old
09-11-2012, 04:24 PM
  #1
Metro Misfits
Misfits of the Metro
 
Metro Misfits's Avatar
 
Join Date: Apr 2012
Location: Isle of Misfit Toys
Country: Somalia
Posts: 7,632
vCash: 500
Hurricanes Sign Welsh 2 year 2 way deal

http://hurricanes.nhl.com/club/news.htm?id=641144

RALEIGH, NC – Jim Rutherford, President and General Manager of the National Hockey League’s Carolina Hurricanes, today announced that the team has signed forward Jeremy Welsh on a two-year contract. In 2012-13, the deal will pay Welsh $700,000 at the NHL level or $105,000 at the minor-league level. In 2013-14, Welsh will receive $1 million.



JEREMY WELSH
COLLEGE STATS - UNION
GOALS: 53 | ASST: 47 | PTS: 100
GAMES: 119
“Jeremy is a player we think very highly of,” said Rutherford. “He is a big man that can play center or left wing, and has really good hockey sense.”

Metro Misfits is offline   Reply With Quote
Old
09-11-2012, 04:27 PM
  #2
Metro Misfits
Misfits of the Metro
 
Metro Misfits's Avatar
 
Join Date: Apr 2012
Location: Isle of Misfit Toys
Country: Somalia
Posts: 7,632
vCash: 500
1st Year 2 Way, 700k NHL, 105k AHL
2nd Year 1 Way, 1m NHL

Metro Misfits is offline   Reply With Quote
Old
09-11-2012, 04:28 PM
  #3
caley
Moderator
 
caley's Avatar
 
Join Date: Aug 2006
Posts: 8,307
vCash: 500
$850,000 cap hit? What a pay cut from last year's $17,945,000!!

caley is offline   Reply With Quote
Old
09-11-2012, 04:32 PM
  #4
DaveG
Mod Supervisor
RIP Kev
 
DaveG's Avatar
 
Join Date: Apr 2003
Location: Durham NC
Country: United States
Posts: 31,017
vCash: 2498
Well, guess we know one agent that's about to get canned

DaveG is offline   Reply With Quote
Old
09-11-2012, 04:48 PM
  #5
caley
Moderator
 
caley's Avatar
 
Join Date: Aug 2006
Posts: 8,307
vCash: 500
For those in the dark about the $17 mil. cap hit.

Quote:
IS JEREMY WELSH'S CAP HIT A TYPO?

Short answer, no. Jeremy Welsh's cap hit for 2011-12 is technically $17,945,000, the highest in NHL history. The long answer follows.
When a one-year contract containing bonuses is signed after the season has started, and is effective for the then-current season, the standard cap-hit formula is adjusted to the following:
[ ( base salary * days remaining in season / days in season ) + total signing and performance bonuses ] * days in season / days remaining in season
Examples of this in the past are entry-level contracts for Welsh with Carolina and Jesse Winchester with Ottawa in 2007-08 and Mats Sundin's one-year deal with Vancouver in 2008-09.
JEREMY WELSH
Base: $832,500
Signing bonus: $92,500
Performance bonus: $0
Signed on: April 7, 2012
Days in season: 185
Days remaining: 1

[ ( $832,500 * 1 / 185 ) + $92,500 ] * 185 / 1 = $17,945,000
** NOTE: Welsh's cap hit of $17,945,000 is compliant with Section 50.6 (a) of the CBA — the "20 per cent rule" — because his actual cap charge could not exceed $97,000 based on the date he signed.
JESSE WINCHESTER
Base: $762,500
Signing bonus: $87,500
Performance bonus: $25,000
Signed on: March 24, 2008
Days in season: 187
Days remaining: 13

[ ( $762,500 * 13 / 187 ) + $112,500 ] * 187 / 13 = $2,380,769
MATS SUNDIN
Base: $1,626,500
Signing bonus: $4,000,000
Performance bonus: $0
Signed on: Dec. 19, 2008
Days in season: 186
Days remaining: 113

[ ( $1,626,500 * 113 / 186 ) + $4,000,000 ] * 186 / 113 = $8,210,570
If the player is signing a multi-year contract under the same scenario, nothing changes in the calculation of the player's cap hit. Examples of this are Justin Abdelkader's entry-level deal with Detroit in 2007-08 and Antti Miettinen's deal with Tampa Bay in 2011-12.
Poor Capgeek, if you follow him on Twitter, has been answering questions about this all summer long: "Uh, dude, I think you made a mistake. Welsh is listed at $17 mil! LOL" followed by "No, it's not a typo." I feel for the poor guy.

caley is offline   Reply With Quote
Old
09-11-2012, 05:25 PM
  #6
Izzy
Moderator
FollowmeonInstagram!
 
Izzy's Avatar
 
Join Date: Apr 2012
Location: Nova Scotia
Country: Canada
Posts: 44,276
vCash: 270
Little bit downgraded

Izzy is online now   Reply With Quote
Old
09-11-2012, 05:26 PM
  #7
GoodKiwi
Registered User
 
GoodKiwi's Avatar
 
Join Date: Feb 2006
Location: Montreal
Country: Georgia
Posts: 9,299
vCash: 500
Quote:
Originally Posted by caley View Post
$850,000 cap hit? What a pay cut from last year's $17,945,000!!
He's a true team player!

GoodKiwi is offline   Reply With Quote
Old
09-11-2012, 05:29 PM
  #8
Hans Moleman
Was saying Boortuzzi
 
Hans Moleman's Avatar
 
Join Date: Apr 2004
Location: FTW
Country: Canada
Posts: 1,643
vCash: 500
Yea, you could probably sign everyone in Wales for 17 mil.

Hans Moleman is offline   Reply With Quote
Old
09-11-2012, 05:42 PM
  #9
Metro Misfits
Misfits of the Metro
 
Metro Misfits's Avatar
 
Join Date: Apr 2012
Location: Isle of Misfit Toys
Country: Somalia
Posts: 7,632
vCash: 500
Quote:
Originally Posted by Hans Moleman View Post
Yea, you could probably sign everyone in Wales for 17 mil.
I LOL'd

Metro Misfits is offline   Reply With Quote
Old
09-11-2012, 06:22 PM
  #10
Rivet52
Sabres & Blackhawks
 
Rivet52's Avatar
 
Join Date: Oct 2008
Location: Buffalo, NY
Country: United States
Posts: 5,832
vCash: 500
Send a message via AIM to Rivet52
Canes fans, what's up with this guy? I don't know too much about him. Where do you see him starting the year? Carolina or Charlotte? Also, what's the scouting report on him?

Rivet52 is offline   Reply With Quote
Old
09-11-2012, 09:17 PM
  #11
Boom Boom Anton
Registered User
 
Boom Boom Anton's Avatar
 
Join Date: Sep 2006
Posts: 9,380
vCash: 500
Quote:
Originally Posted by Rivet52 View Post
Canes fans, what's up with this guy? I don't know too much about him. Where do you see him starting the year? Carolina or Charlotte? Also, what's the scouting report on him?
We don't know a ton about him as he played only 1 game last season. I watched him in the rookie camp a couple of times. Canes brass were really hoping he could grab a 3rd line Center spot, or at least a winger. He's a big body who has a bit of skill and isn't afraid to use his body. I wasn't overly impressed with his skating and his skill doesn't look high end, but I think he can be a solid 3rd liner with some physical play and a bit of scoring touch. (note: based on very little viewing of the guy so just my general observations).

Boom Boom Anton is online now   Reply With Quote
Old
09-11-2012, 10:06 PM
  #12
caley
Moderator
 
caley's Avatar
 
Join Date: Aug 2006
Posts: 8,307
vCash: 500
Quote:
Originally Posted by Rivet52 View Post
Carolina or Charlotte?
Judging by his contract, he'll likely start in the AHL this year and become a regular next year, as the deal is 2-way this and 1-way next.

caley is offline   Reply With Quote
Old
09-11-2012, 10:48 PM
  #13
Metro Misfits
Misfits of the Metro
 
Metro Misfits's Avatar
 
Join Date: Apr 2012
Location: Isle of Misfit Toys
Country: Somalia
Posts: 7,632
vCash: 500
Quote:
Originally Posted by caley View Post
Judging by his contract, he'll likely start in the AHL this year and become a regular next year, as the deal is 2-way this and 1-way next.
He has been penciled in as the 3rd line center for awhile.

Metro Misfits is offline   Reply With Quote
Old
09-11-2012, 11:08 PM
  #14
DaveG
Mod Supervisor
RIP Kev
 
DaveG's Avatar
 
Join Date: Apr 2003
Location: Durham NC
Country: United States
Posts: 31,017
vCash: 2498
Quote:
Originally Posted by Rivet52 View Post
Canes fans, what's up with this guy? I don't know too much about him. Where do you see him starting the year? Carolina or Charlotte? Also, what's the scouting report on him?
He'll be fighting it out with Dalpe, Riley Nash, Boychuk, Victor Rask, and anyone that might surprise in camp for a top 9 forward spot to start the season next year. Hence the two-way deal for all of them.

Scouting report is that he's basically a prototypical power forward prospect. Good goal scoring, loves to use his 6'3/210 frame, decent on the draw, and is reportedly a pretty good two-way forward. I think he projects better on the wing, but they'll play him at center to start most likely.

DaveG is offline   Reply With Quote
Old
09-12-2012, 12:36 AM
  #15
tarheelhockey
Global Moderator
 
tarheelhockey's Avatar
 
Join Date: Feb 2010
Location: The Triangle
Country: United States
Posts: 32,030
vCash: 500
Quote:
Originally Posted by Misfit Semin View Post
He has been penciled in as the 3rd line center for awhile.
* by people who pencil prospects into the top-9 after one game

tarheelhockey is online now   Reply With Quote
Old
09-12-2012, 01:25 AM
  #16
chickenla
Registered User
 
Join Date: May 2011
Posts: 31
vCash: 500
Quote:
Originally Posted by GoodKiwi View Post
He's a true team player!
and yet i thought he was just one of those greedy players in the PA?

chickenla 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 07:49 AM.

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.