Do understand it correctly that although he can't play because of failed medicals, he would still receive the sallary and his full cap hit will still count against the regular season cap ?
Yes, until he is put on LTIR which we can't do until September. Until then, his full 7M cap counts against the cap. Basically, we're not able to remove his cap hit until September when he's put on LTIR.
So does this mean that come July 1st we'll have Drury 7.05 and Redden 6.5 meaning 13.55 in cap space that eventually we will have free but not until the first day of camp when we can LTIR Drury and put Redden in the minors?
63.5 + 10% = 69.85 - 13.55 = 56.30
Are those the correct numbers in regards to what we can actually spend? Because that means we'll have 63.5 - 56.30 = 7.20 in cap space? However not until training camp really doesn't help this club...
Can we trade Drury if he does this? Florida could use him to get to the cap especially if Insurance will cover 80% of his salary...?
Yes, until he is put on LTIR which we can't do until September. Until then, his full 7M cap counts against the cap. Basically, we're not able to remove his cap hit until September when he's put on LTIR.
Therefore the actual problem is the summer salary cap? Because as I see it, because of this, we will have a lot of regular season cap space.
So does this mean that come July 1st we'll have Drury 7.05 and Redden 6.5 meaning 13.55 in cap space that eventually we will have free but not until the first day of camp when we can LTIR Drury and put Redden in the minors?
63.5 + 10% = 69.85 - 13.55 = 56.30
Are those the correct numbers in regards to what we can actually spend? Because that means we'll have 63.5 - 56.30 = 7.20 in cap space? However not until training camp really doesn't help this club...
Can we trade Drury if he does this? Florida could use him to get to the cap especially if Insurance will cover 80% of his salary...?
Can't trade him without his say-so due to NMC.
To all, before everyone flies off the handle, just remember that at this stage, this all speculation based on one article quoting unnamed sources. There are still several ways this could play out.....
To all, before everyone flies off the handle, just remember that at this stage, this all speculation based on one article quoting unnamed sources. There are still several ways this could play out.....
True, I just figured if he's truly unable to play and is just going to collect paychecks for the next season and 80% of those paychecks are reimbursed by insurance to whatever team he plays for what should he care who sends out his checks..To me if this goes how i've been reading it all he'll have to do is show up to any team he could be traded to's camp on day one, be told he's unable to go and boom, he could turn right around to connecticut make pizza's and relax.
Do you have to use ALL of the IR cap space at once? The way Brooks phrased it, he made it sound like the Rangers have to spend the full $7 mill of Drury's cap hit in order to make use of the IR space it allows, instead of just using say $3 mill or something
This is pretty irritating. Seems like there should be a provision that allows for a players cap hit to not take effect if they suffer a career ending injury. What happens if some young guy who just signed a huge contract for 10 years breaks his neck the next day? He can just not retire and spend the next 10 years collecting a paycheck and ****ing his team over? I assume in that case that a grievance would be filed but the overall implications are...annoying.
Do understand it correctly that although he can't play because of failed medicals, he would still receive the sallary and his full cap hit will still count against the regular season cap ?
He hasn't failed any physicals yet. Receives the full $5M and cap hit counts. Rangers can put Drury on LTIR and use that money on other players. Rangers need to be at upper limit to receive the long term IR benefits.
As frustrating as this is, it makes the redden contract so much more annoying. The 10% summer-cap means that you can basically afford 1 bad contract, Redden's (which was a worse contract than Drury's IMO) means that we are heading up a smelly creek without a rowing implement.
If he has yet to file the paperwork they should buy him out before he has the chance and let him file the grievance. If this is true he is holding this team hostage with his $7.05 cap hit which he only makes $5 million in actual money which may lead to a buyout of wolski or sather may do something rash and consider buying out redden which would be a nightmare. Hopefully Brooks is wrong as he has been wrong before and reported drury was already told he was being bought out as if it was a done deal. Somehow drury's degenerative knee problem was not known to the rangers and Brooks then, seems odd.
Maybe RangerBoy or someone can clarify but if the cap goes to 63.5 and you get that 10% cushion for the summer at 69.85 which basically covers us carrying Redden. In the article it states we have to spend all of Drury's cap hit to place him on LTIR so can we technically spend 69.85 + 7.05 = 76.90 ???
Then that puts us after those two are LTIR and waived at 63.35.
I mean spending his cap hit wouldn't be hard in comes Richards at 7 and out goes Drury at 7.05, and i'm sure we'll get that 50,000 tied into one of our RFA's.
Maybe RangerBoy or someone can clarify but if the cap goes to 63.5 and you get that 10% cushion for the summer at 69.85 which basically covers us carrying Redden. In the article it states we have to spend all of Drury's cap hit to place him on LTIR so can we technically spend 69.85 + 7.05 = 76.90 ???
Then that puts us after those two are LTIR and waived at 63.35.
I mean spending his cap hit wouldn't be hard in comes Richards at 7 and out goes Drury at 7.05, and i'm sure we'll get that 50,000 tied into one of our RFA's.
Quote:
(d) Bona-Fide Long-Term Injury/Illness Exception to the Upper Limit. In
the event that a Player on a Club becomes unfit to play (i.e., is injured, ill or disabled and
unable to perform his duties as a hockey Player) such that the Club's physician believes,
in his or her opinion, that the Player, owing to either an injury or an illness, will be unfit
to play for at least (i) twenty-four (24) calendar days and (ii) ten (10) NHL Regular
Season games, and such Club desires to replace such Player, the Club may add an
addit ional Player or Players to its Act ive Roster, and the replacement Player Salary and
Bonuses of such addit ional Player(s) may increase the Club's Averaged Club Salary to an
amount up to and exceeding the Upper Limit, solely as, and to the extent and for the
duration, set forth below. If, however, the League wishes to challenge the determinat ion
of a Club physician that a Player is unfit to play for purposes of the Bona-Fide Long-
Term Injury/Illness Except ion, the League and the NHLPA shall promptly confer and
joint ly select a neutral physician, who shall review the Club physician's determination
regarding the Player's fitness to play.
LTIR allows the team to exceed the upper limit
Quote:
(iii) The total replacement Player Salary and Bonuses for a Player or
Players that have replaced an unfit-to-play Player may not in the
aggregate exceed the amount of the Player Salary and Bonuses of
the unfit-to-play Player who the Club is replacing;
So does this mean that come July 1st we'll have Drury 7.05 and Redden 6.5 meaning 13.55 in cap space that eventually we will have free but not until the first day of camp when we can LTIR Drury and put Redden in the minors?
63.5 + 10% = 69.85 - 13.55 = 56.30
Are those the correct numbers in regards to what we can actually spend? Because that means we'll have 63.5 - 56.30 = 7.20 in cap space? However not until training camp really doesn't help this club...
Can we trade Drury if he does this? Florida could use him to get to the cap especially if Insurance will cover 80% of his salary...?
That seems about right. But at least two-way contracts only count pro-rated depending on days spent on the roster the previous season. I.e. Erixon's ELC won't count at all, DZ only partly and MZA as well. That should increase the amount we'll be able to spend. Also if Sather signs someone after camp (like Feds last season) that could work as well.
And I don't know which of our RFAs are arbitration eligible, but in theory Sather could wait to sign them until after camp as well (liek Dubi two years ago). Of course that exposes them to the risk of offer sheets and the players won't exactly like it.
The CBA is flawed in a sense, hypotetically, I mean, we have Redden and Drury now. Imagine if a team loose three high paid guys to LTIR's, say earning 25% of a teams cap combined, theyd have to dismantle the entire team every summer.
I mean, with the 10-15 year contracts we are seeing nowadays, its not as unlikely as one might think.
Is this roster possible with the summer cap? It seems plausible because Erixon and Del Zotto won't be on the summer cap. Please correct me if I'm wrong on the players that count or don't count against the summer cap.
Once camp opens you bury Redden and place Drury on LTIR and you open up the roster/cap space for the kids that will round out the bottom two lines and d pairings. It almost ensures Wolski will be traded at the draft or bought out.
CAPGEEK.COM CAP CALCULATOR
FORWARDS
Jussi Jokinen ($3.500m) / Brad Richards ($7.000m) / Marian Gaborik ($7.500m)
Brandon Dubinsky ($4.000m) / Artem Anisimov ($1.850m) / Ryan Callahan ($4.000m)
Sean Avery ($1.937m) / Derek Stepan ($0.875m) / Mats Zuccarello-Aasen ($1.750m)
Ruslan Fedotenko ($1.000m) / Brian Boyle ($1.000m) / Brandon Prust ($0.800m)
Chris Drury ($7.050m) / Erik Christensen ($0.925m)
DEFENSEMEN
Marc Staal ($3.975m) / Daniel Girardi ($3.325m)
Ryan McDonagh ($1.300m) / Mike Sauer ($1.500m)
Wade Redden ($6.500m)
GOALTENDERS
Henrik Lundqvist ($6.875m) / Martin Biron ($0.875m)
CAPGEEK.COM TOTALS (follow @capgeek on Twitter)
(these totals are compiled without the bonus cushion)
SALARY CAP: $69,500,000; CAP PAYROLL: $67,537,500; BONUSES: $1,275,000
CAP SPACE (21-man roster): $1,962,500 (buy out wolski at 466k) so really 1.5 in space.
As frustrating as this is, it makes the redden contract so much more annoying. The 10% summer-cap means that you can basically afford 1 bad contract, Redden's (which was a worse contract than Drury's IMO) means that we are heading up a smelly creek without a rowing implement.
Well, I believe there is a chance of two things happening. Someone correct me if I am wrong..
1) Drury retires, and his cap hit is removed.
2) Redden refuses to report and the contract is terminated. (this had been mentioned before, probably a slim chance)
The issue is the summer cap. If Redden refuses to report and the contract is terminated, we will still carry his hit all summer. And the only way to get rid of Drury's summer hit is IF he retires. There is the potential to free up 13 million by training camp, only problem is where do you spend that money?
The CBA is flawed in a sense, hypotetically, I mean, we have Redden and Drury now. Imagine if a team loose three high paid guys to LTIR's, say earning 25% of a teams cap combined, theyd have to dismantle the entire team every summer.
I mean, with the 10-15 year contracts we are seeing nowadays, its not as unlikely as one might think.
That's not a flaw in the CBA, it's a flaw in the Rangers.
Can Drury's rights still be traded (I'm assuming this is a yes) and does insurance cover the entire costs of Drury's salary next year (assuming this is true).
If so, you can always bribe a team to take the cap hit. Phoenix has plenty of space. A deal could be completed.
Does he look out for himself and himself only and screw his teammates over by pulling this crap, or does he do the right thing and file his retirement papers?
If he's claiming that he is disabled and unable to preform, and sitting out for any extended period of time will kill any shot at coming back, then the only reason you do that is to make sure that you collect every penny of the 5 million the Rangers owe him.
A true and legit leader type of person would never get in the way of allowing the team to progress.
He's not hurting for money, he's got his life after hockey set up and can always get into coaching as he is a smart player.
I have been disappointed in Drury the player for a while, moving in a direction that he knows will hamstring the franchise for his own personal gain will force me to lose all respect for him as a human being.
However, I'm sure that me losing respect for him as a person will not ruin his weekend.
