HFBoards

Go Back   HFBoards > NHL Eastern Conference > Atlantic Division > Montreal Canadiens
Mobile Hockey's Future Become a Sponsor Site Rules Support Forum vBookie Page 2
Notices

Amnesty Buyouts

Reply
 
Thread Tools
Old
02-23-2012, 10:29 PM
  #26
gee
Registered User
 
Join Date: Jun 2007
Location: Winnipeg
Country: Canada
Posts: 644
vCash: 500
amnesty buyout rues

what are the rules for amnesty buyouts, specifically with contract length? for example, rick dipietro has a contract to 2020-21 at $4.5 per - do the normal rules apply for calculating the buyout cost or are there different rules?

Quote:
Contract Buyouts:
  • For players under the age of 26, a buyout costs the team one-third of remaining contract value.
  • For players 26 or older, a buyout costs two-thirds of remaining contract value.
  • On a buyout, the team takes a cap hit for a percentage of the buyout value (according to a very complex formula) spread over twice the length of the remaining contract years.

gee is offline   Reply With Quote
Old
02-23-2012, 10:45 PM
  #27
znk
Registered User
 
znk's Avatar
 
Join Date: Nov 2005
Location: Montreal
Country: Canada
Posts: 25,116
vCash: 500
Have fun http://capgeek.com/buyout_calculator.php

znk is offline   Reply With Quote
Old
02-23-2012, 10:47 PM
  #28
Patty Roy
Registered User
 
Patty Roy's Avatar
 
Join Date: Feb 2002
Location: Canada
Country: Canada
Posts: 6,745
vCash: 500
Quote:
Originally Posted by gee View Post
what are the rules for amnesty buyouts, specifically with contract length? for example, rick dipietro has a contract to 2020-21 at $4.5 per - do the normal rules apply for calculating the buyout cost or are there different rules?
By amnesty buyout are you talking about the one time buyouts that occured right after the last CBA and some are hoping for again after the next one?

I believe that the normal rules applied for buyout cost only there was no hit to the team's salary cap.

Patty Roy is offline   Reply With Quote
Old
02-23-2012, 10:47 PM
  #29
danyhabsfan
Registered User
 
danyhabsfan's Avatar
 
Join Date: Feb 2007
Location: Montreal
Country: Canada
Posts: 4,629
vCash: 500
Their is still no amnesty rules for buyout.

danyhabsfan is offline   Reply With Quote
Old
02-23-2012, 11:00 PM
  #30
Protest the Hero
Registered User
 
Protest the Hero's Avatar
 
Join Date: Mar 2011
Location: Ontario
Country: Canada
Posts: 5,383
vCash: 500
Even though Gomez's cap hit is ridiculous, I really hope they don't add an amnesty clause in the next CBA to help Philly make Bryzgalov disappear. We can send Gomez down, they're screwed thanks to giving him a full NMC.

Protest the Hero is offline   Reply With Quote
Old
02-23-2012, 11:06 PM
  #31
Teufelsdreck
Registered User
 
Join Date: Sep 2005
Posts: 14,606
vCash: 500
Quote:
Originally Posted by Protest the Hero View Post
Even though Gomez's cap hit is ridiculous, I really hope they don't add an amnesty clause in the next CBA to help Philly make Bryzgalov disappear. We can send Gomez down, they're screwed thanks to giving him a full NMC.
You're wasting your sympathy on the Flyers and other teams. It would help the Habs with Gomez and possibly also with Kaberle if they don't trade him by next week.

Teufelsdreck is offline   Reply With Quote
Old
02-24-2012, 12:04 AM
  #32
znk
Registered User
 
znk's Avatar
 
Join Date: Nov 2005
Location: Montreal
Country: Canada
Posts: 25,116
vCash: 500
Quote:
Originally Posted by Protest the Hero View Post
Even though Gomez's cap hit is ridiculous, I really hope they don't add an amnesty clause in the next CBA to help Philly make Bryzgalov disappear. We can send Gomez down, they're screwed thanks to giving him a full NMC.
That's like letting your house burn because the smoke will bother a neighbor you dont like.

They had 1 single amnesty buyout at the start of this CBA and it's pretty much a given that it will happen at the start of the next CBA. Simply because most owner want it and for the players it's an added influx of money when talking in to account the buyout amount and the freed cap space.

znk is offline   Reply With Quote
Old
02-24-2012, 01:09 AM
  #33
Frozenice
the random dude
 
Frozenice's Avatar
 
Join Date: Jan 2010
Country: Canada
Posts: 4,461
vCash: 500
Quote:
Originally Posted by znk View Post
That's like letting your house burn because the smoke will bother a neighbor you dont like.

They had 1 single amnesty buyout at the start of this CBA and it's pretty much a given that it will happen at the start of the next CBA. Simply because most owner want it and for the players it's an added influx of money when talking in to account the buyout amount and the freed cap space.
Because before the CBA was signed there was no cap and teams could spend whatever they wanted on acquiring players without regard to their cost or cap hit.

The purpose of the buyouts were to allow teams that were over the cap limits to get into compliance with the cap structure, which the new CBA required them to do. Today all the teams are in compliance with the cap so why would they need buyouts to get themselves into compliance.

Frozenice is offline   Reply With Quote
Old
02-24-2012, 09:08 AM
  #34
Blind Gardien
Global Moderator
nexus of the crisis
 
Blind Gardien's Avatar
 
Join Date: Apr 2004
Location: Four Winds Bar
Country: France
Posts: 19,752
vCash: 500
Quote:
Originally Posted by Frozenice View Post
Because before the CBA was signed there was no cap and teams could spend whatever they wanted on acquiring players without regard to their cost or cap hit.

The purpose of the buyouts were to allow teams that were over the cap limits to get into compliance with the cap structure, which the new CBA required them to do. Today all the teams are in compliance with the cap so why would they need buyouts to get themselves into compliance.
It probably depends to some extent on what changes are made in the CBA. More serious changes would lead to more of justification for the amnesty buyout option again.

But I doubt there will be serious changes. Everything is "mostly working" now.

Another possible motivating factor is that teams will probably be wary of using the regular buyout window in June this year. Why buy out a player under the existing set of rules and stick the buyout on your cap when a new set of rules is going to come into play in a couple months? Or when you don't even know for sure if negotiations will go smoothly and there will even be season? An amnesty buyout period of some sort when the new CBA is in place could help make up for that uncertainty which will likely still exist this June.

Fingers crossed, anyway. If we could get out of the Gomez and Kaberle contracts this way, that would be nice.

Blind Gardien is offline   Reply With Quote
Old
02-24-2012, 09:21 AM
  #35
Habsfanatical
Registered User
 
Join Date: Jun 2009
Country: Canada
Posts: 787
vCash: 500
Bury Gomez and possibly Kaberle
Use the amnesty on Markov? Hmmm lol

Habsfanatical is offline   Reply With Quote
Old
02-24-2012, 09:39 AM
  #36
lamp9post
Registered User
 
Join Date: Jan 2007
Posts: 1,062
vCash: 500
Quote:
Originally Posted by Young Gun View Post
thats a good start, two players you don't get 5 cents worth out off anymore.
I don't want Gionta back, slow starts to the season, small and aging. time to move on. He could be our next gomaz.
Markov= bad knees
12 mill tied up here...outbound both please
IF there is an amnesty buyout, teams will likely have the option of buying out one player without any cap penalties. If this is the case, the choice is clearly Gomez.

I really don't get why we would buy out Gionta. He's been our leading goal scorer when healthy and is our captain and has been very good in the playoffs. Remember, he's a traditional slow starter and got injured before he could find his game this year. Are we really going to get anything better for 5 mil in free agency? I'd rather hang onto him than replace him by someone we'd sign in free agency who'd likely be at least as overpaid and for longer term or replace him by a prospect who's not ready.

lamp9post is offline   Reply With Quote
Old
02-24-2012, 11:13 AM
  #37
gee
Registered User
 
Join Date: Jun 2007
Location: Winnipeg
Country: Canada
Posts: 644
vCash: 500
Quote:
Originally Posted by lamp9post View Post
IF there is an amnesty buyout, teams will likely have the option of buying out one player without any cap penalties.
really? so maybe other teams would look at their long-term committments like Bryz in philly, or Dipietro in NYI (though they might not mind the cap-hit)

gee is offline   Reply With Quote
Old
02-24-2012, 11:14 AM
  #38
pine*
 
Join Date: Feb 2008
Location: Montréal
Country: Canada
Posts: 8,340
vCash: 500
GOMEZ and ITS NOT EVEN CLOSE.

GET HIM THE **** OUT OF HERE.

pine* is offline   Reply With Quote
Old
02-24-2012, 11:17 AM
  #39
nyhabsfan
Waiting for #25.....
 
Join Date: Jun 2005
Location: Connecticut
Country: Canada
Posts: 6,192
vCash: 500
Quote:
Originally Posted by Patty Roy View Post
Gomez for sure....Markov if he's still not 100% by the buyout period.

Markov on one leg is better than Kaberle with two legs.... hello!

nyhabsfan is offline   Reply With Quote
Old
02-24-2012, 11:25 AM
  #40
llamateizer
Registered User
 
llamateizer's Avatar
 
Join Date: Mar 2007
Location: Montreal
Country:
Posts: 5,446
vCash: 500
The players still get their salary if im not wrong

llamateizer is offline   Reply With Quote
Old
02-24-2012, 02:33 PM
  #41
LyricalLyricist
Registered User
 
Join Date: Aug 2007
Location: Montreal
Country: Canada
Posts: 21,500
vCash: 500
In regards to Gomez, wouldn't Molson rather do a re-entry waivers move(gomez would make 2.5 mil for 2 years average) and he'd pay 1/2 salary instead of 2/3. Granted, no cap hit, but 3.65 cap hit isn't so bad for 2 years.

LyricalLyricist is offline   Reply With Quote
Old
02-24-2012, 03:10 PM
  #42
The Russian General
Go Habs Go
 
The Russian General's Avatar
 
Join Date: Oct 2008
Location: MTL
Posts: 12,963
vCash: 500
Did we really trade for Kaberle?

The Russian General is online now   Reply With Quote
Old
02-24-2012, 03:41 PM
  #43
Blind Gardien
Global Moderator
nexus of the crisis
 
Blind Gardien's Avatar
 
Join Date: Apr 2004
Location: Four Winds Bar
Country: France
Posts: 19,752
vCash: 500
Quote:
Originally Posted by LyricalLyricist View Post
In regards to Gomez, wouldn't Molson rather do a re-entry waivers move(gomez would make 2.5 mil for 2 years average) and he'd pay 1/2 salary instead of 2/3. Granted, no cap hit, but 3.65 cap hit isn't so bad for 2 years.
Re-entry waivers is basically better than the buyout. Half the price in real dollars instead of 2/3rds. But because of his contract front-loads the first 2 years cap hit of the 4-year buyout on him are like $3.5M and $4.5M anyway, and you'd get out of the last two years at $1.67M, right?

I'd waive him tomorrow, actually. Just in case. His hit for the last 1/4 of the season shouldn't cripple any team that dares to add him. It probably stirs up a certain amount of media frenzy (anything does for this team), and probably for no actual gain in the end (nobody would actually claim Gomez), but it's worth a shot. Just in case. Maybe other teams would bank on being able to do an amnesty buyout on him too, after paying the 1/4 season plus playoffs hit.

Not so sure about doing a re-entry at this point, though. You'd have to have a better sense of where you think the NHL is going on the CBA... if there really are upper level murmurings of another amnesty buyout opportunity, then better to wait on that.

Blind Gardien 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 03:38 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.