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Avery decision

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Old
01-16-2009, 04:38 PM
  #26
Sony Eriksson*
 
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Originally Posted by txdude5101 View Post
If they send him to the minors they will still have to pay him the full amount of money that his contract states because Brett Hull signed him to a guarantee contract

They should just trade him at the deadline back to the rangers and let them deal
They will buy him out if nothing else...it will only cost Dallas like $1.33 million for 6 more years.

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01-16-2009, 06:27 PM
  #27
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This is the thread that refuses to die

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Old
01-18-2009, 02:52 PM
  #28
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Originally Posted by Addiction View Post
They will buy him out if nothing else...it will only cost Dallas like $1.33 million for 6 more years.
It will be more than 1.33 million the buy out is on the whole 4 years of his contract

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01-18-2009, 03:05 PM
  #29
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No, the buyout would be on the final three years because he's still getting paid this season.

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01-18-2009, 03:17 PM
  #30
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$12 million (money owed Avery after this season) x 2/3 (the rate of the buy out) = $8 million

$8 million/6 six years(buy out is spread out over twice the remaining length of the contract) = $1.33 million a year.

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Old
01-18-2009, 03:21 PM
  #31
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Quote:
Originally Posted by txdude5101 View Post
It will be more than 1.33 million the buy out is on the whole 4 years of his contract
That' not correct.

Quote:
CONTRACT BUYOUTS

Teams were given a one-time chance to buy-out players for 2/3rds of the remaining value of the contract between July 23 and July 29, 2005 without the buy-out counting against the salary cap. In future years, teams may still buy-out player contracts for a portion of the remaining value of the contract paid over twice the remaining length of the contract. If the player is
-- Under the age of 26 at the time of termination, the buyout amount is 1/3rd the remaining value
-- 26 or older at the time of termination, the buyout amount is 2/3rd the remaining value.

This is set forth in 13(d) of the Standard Player Contract (Exhibit 1 in the CBA). The remainder of this explanation applies to buyouts that took place after July 29, 2005, and assumes the player was not 35 or older when signing his SPC (in which case a buyout does not reduce the cap hit).

When a player is bought out, the team still takes a cap hit for the player over twice the remaining length of the contract. The amount of the cap hit (by year) is determined as follows:

1. Take the actual salary due for each remaining year.
2. Take the Averaged Player Salary (cap hit) for the current contract
3. Calculate the buy-out amount (as described above)
4. Spread the buy-out amount evenly over twice the remaining years of the contract
5. Take the number in #1 and subtract the number in #4. This is the “buyout savings”.
6. Take the cap hit from #2 and subtract the buyout savings from #5.

NOTE: This calculation has to be done for each year - meaning that the cap hit on a buyout will not necessarily be the same for all years (see examples below). It can even be negative (meaning the team gets a credit). However, it’s critical to have the correct information for #1 and #2 to get the correct cap hit. The cap hit on a buyout is only the same for all affected years if the remaining yearly salary is the same for all years. If it varies, then the cap hit on a buyout will vary.
Sean Avery's Buyout:

 Year 2 of SPCYear 3 of SPCYear 4 of SPCYear 5 of SPCYear 6 of SPC
1. Salary Due$4,000,000$4,000,000$4,000,000  
2. Cap Hit$3,850,000$3,850,000$3,850,000  
3. Buyout Amount$8,000,000    
4. Buyout Payment by Year $1,333,333$1,333,333$1,333,333$1,333,333$1,333,333
5. Buyout Savings* (1 – 4)$2,666,667$2,666,667$2,666,667  
6. Buyout Cap Hit* (2 – 5)$1,183,333$1,183,333$1,183,333$1,333,333$1,333,333

There is actually a 7th year at $1,333,333 but that wouldn't fit on the table.

Bottom line, the 1st year is not factored into the buyout. Only the years remaining matter.

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01-18-2009, 03:34 PM
  #32
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People like to throw Wade Redden out there as a possible trade to swap Avery.

If he had to by bought out:

Year 1 = $566,667
Year 2-3 = $2,066,667
Year 4-5 = $3,566,667
Year 6-10 = $2,066,667

Front loaded contracts are killers when it comes to buyouts.

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01-18-2009, 03:38 PM
  #33
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Instead of buying him out, I'd like to see the Stars work out a deal with the Rangers in June. Then tell them in early September, the first day you can send players to the minors, we'll(Stars) place Avery on re-entry waivers and if the Rangers want him for 3 years at $1.9 million per year.
If they don't well then they'd have to buy him out, but I don't see why the Rangers wouldn't want him back at that price.

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01-18-2009, 04:05 PM
  #34
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If we send Avery the the minors he still be getting paid the full amount!!! why dont we trade him and like a minor leauge prospect back the the kings for their first round draft pick. Or we need to go send his ass to some scrubby ass team where he can fit in perfectly.
I hope who ever gets him has fun with our sloppy seconds

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01-18-2009, 04:29 PM
  #35
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Quote:
Originally Posted by txdude5101 View Post
If we send Avery the the minors he still be getting paid the full amount!!! why dont we trade him and like a minor leauge prospect back the the kings for their first round draft pick. Or we need to go send his ass to some scrubby ass team where he can fit in perfectly.
I hope who ever gets him has fun with our sloppy seconds
Because someone has to want him to do that, and aside from the Rangers no one is going near this guy, especially the Kings of all teams, who had their Avery experience and were soooo happy when he was gone. There is no way to get around the fact that Avery is going to get a ****load of money for being a schmuck. It's the cap hit the team wants back and buyout seems to be the best option in my mind. If there could be some miracle deal in the summer where the Rangers wanted him without us having to take one their crap contracts we would still be responsible for 1.9 million as opposed to the 1.3 with a buyout. But it would only be for the 3 years left as opposed to another 6 years, I guess pick your poison. If the Rangers would do it I say yea, I'm very skeptical they would do us a favor like that when they know full well we want to get rid of him and they have some terrible contracts they want to get rid of.

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Old
01-18-2009, 04:32 PM
  #36
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Quote:
Originally Posted by Addiction View Post
They will buy him out if nothing else...it will only cost Dallas like $1.33 million for 6 more years.
Quote:
Originally Posted by ________ View Post
Instead of buying him out, I'd like to see the Stars work out a deal with the Rangers in June. Then tell them in early September, the first day you can send players to the minors, we'll(Stars) place Avery on re-entry waivers and if the Rangers want him for 3 years at $1.9 million per year.
If they don't well then they'd have to buy him out, but I don't see why the Rangers wouldn't want him back at that price.
Quote:
Originally Posted by DoesURchickenFLY View Post
Because someone has to want him to do that, and aside from the Rangers no one is going near this guy, especially the Kings of all teams, who had their Avery experience and were soooo happy when he was gone. There is no way to get around the fact that Avery is going to get a ****load of money for being a schmuck. It's the cap hit the team wants back and buyout seems to be the best option in my mind. If there could be some miracle deal in the summer where the Rangers wanted him without us having to take one their crap contracts we would still be responsible for 1.9 million as opposed to the 1.3 with a buyout. But it would only be for the 3 years left as opposed to another 6 years, I guess pick your poison. If the Rangers would do it I say yea, I'm very skeptical they would do us a favor like that when they know full well we want to get rid of him and they have some terrible contracts they want to get rid of.
Oh well this might be the end of his career

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Old
01-18-2009, 04:37 PM
  #37
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Quote:
Originally Posted by txdude5101 View Post
If we send Avery the the minors he still be getting paid the full amount!!! why dont we trade him and like a minor leauge prospect back the the kings for their first round draft pick. Or we need to go send his ass to some scrubby ass team where he can fit in perfectly.
I hope who ever gets him has fun with our sloppy seconds
the Kings never would want Avery back in LA for many reasons. They for sure wouldn't want to give a 1st round pick up for him either.

Sean Avery has NO trade value. His contract is awful and his antics rub many players, gms, and coaches the wrong way. There is no easy way to get rid of him.

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