but he HAS to spend money NOW to avoid strict penalties capwise. So it makes no sense as he'll have to spend a ton now and ON TOP OF IT ALL will have his Erhoff and other backloaded deals making the roster more expensive.
Either he's a useful idiot intent on losing money or he is selling.
Well we all know there are ways around the floor... I'm not saying re-sign Doug Weight obviously but all they have to do is offer a low level UFA +$500,000 if you let us add in 4 million in bonuses you won't achieve and bam we got to cap floor.
There is no proof that Snow's offer was backloaded. It was lil Katie's assumption based on the last 2 signings. And if people want to go with her assumptions then who's the idiot?
Also, there is no penalty for not meeting the Cap floor. It's impossible. All teams must abide by it therefore, there is NO penalty.
Well we all know there are ways around the floor... I'm not saying re-sign Doug Weight obviously but all they have to do is offer a low level UFA +$500,000 if you let us add in 4 million in bonuses you won't achieve and bam we got to cap floor.
I know....but a top notch defenseman would do it as easily.....well....except you'd have to actually spend the money on him.
5.5 for 6 years is more than enough. I mean come on, this is a guy who hit 50 points once playing with Art Ross twins on a Stanley Cup Contender. You really want to throw the bank at this guy?
Garth gave him an offer that was more than fair. If Buffalo really feels Ehrhoff is a guy you up the ante to 6 for, than that's there prerogative.
Remember, folks. Free Agency is ALWAYS a period of manic behavior by GM's. 90% of these deals ALWAYS, ALWAYS, ALWAYS turn out for the worse. Redden, Drury, Gomez, Naslund, Komisarek, Tucker, ETC ETC ETC.
It might feel like the right thing to do in the middle of a pick me in June to offer this guy 6 million on a long term deal, but Garth felt that 5.5 was the most he could go given our resources and financial constraints.
For 6 million per, you need to have someone better than Ehrhoff making that salary.
Remember, it's all fun and games now. It's no longer fun and games when the novelty wears off, the stadium is half full in October and Ehrhoff isn't providing miracles on the ice.
The real story is this: Garth has money to play with. He will identify a guy worth the money and give it another shot.
But the guys we've missed out on: Smyth, Drury, Martin, Hamhuis. Look back at those offers, and think: Imagine if they would have signed?
Yeah, we'd be ****ed. Good luck to Ehrhoff, and maybe he'll give us a ring Friday. Maybe not, maybe hell sign in Buffalo tomorrow with their outrageous offer.
Good for them. In the end, we still win. Nobody here went into July 1st with the mindsight we would be after the best defenseman on the market, who in other free agency periods, might be one of the middle of the pack guys.
The world is not ending, the sun will rise, and we'll all get over it. We've got money to burn and a cap floor to meet. Garth is going to make a move.
Let's just see what happens. I used to get really bent out of shape with these things. But with a 6 million offer, you might as well go 6.5 and call Brad Richards Friday. And I'm sure that's what Garth is thinking, and it's exactly what Chris Botta has said all day.
We're Islander fans. We can certainly handle this, we've dealt with much worse. **** you Christian, enjoy the beaches on Lake Ontario. Bye now.
There is no proof that Snow's offer was backloaded. It was lil Katie's assumption based on the last 2 signings. And if people want to go with her assumptions then who's the idiot?
Also, there is no penalty for not meeting the Cap floor. It's impossible. All teams must abide by it therefore, there is NO penalty.
The idea was that Regier stated he was willing to FRONTload it and the Isles were not. This would mean Erhoff wanted a frontloaded contract and Snow was not authorized to offer one unlike Regier.
And there is a penalty in the CBA for not meeting the agreed upon 54% figure geared towards the players. I don't have a hard link as there is not cited examples but the owner of the offending team is, I'm sure, obligated to pay the difference to the NHLPA. Cap amounts include player salary, bonuses and calculated buyout amounts. To say owners get off scot free is foolish. The strike ensured a max for the owners and a minimum for the players and Wang would be, for all intents and purposes, subverting the agreement with the players union.
5.5 for 6 years is more than enough. I mean come on, this is a guy who hit 50 points once playing with Art Ross twins on a Stanley Cup Contender. You really want to throw the bank at this guy?
One can make the argument... Look at the points the Sedins racked up when Ehrhoff was there QB'ing the PP.
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The real story is this: Garth has money to play with. He will identify a guy worth the money and give it another shot.
Yes, I agree. And I like the fact that he's selective with Wang's money. Too bad no one wants it, except for over the hill folks and cast-offs/rejects.
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But the guys we've missed out on: Smyth, Drury, Martin, Hamhuis. Look back at those offers, and think: Imagine if they would have signed?
Playoffs Baby!!! (Didn't know we made a play for Drury). Add Zbynek Michalek / Jovanovski.
The idea was that Regier stated he was willing to FRONTload it and the Isles were not. This would mean Erhoff wanted a frontloaded contract and Snow was not authorized to offer one unlike Regier.
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And there is a penalty in the CBA for not meeting the agreed upon 54% figure geared towards the players. I don't have a hard link as there is not cited examples but the owner of the offending team is, I'm sure, obligated to pay the difference to the NHLPA. Cap amounts include player salary, bonuses and calculated buyout amounts. To say owners get off scot free is foolish. The strike ensured a max for the owners and a minimum for the players and Wang would be, for all intents and purposes, subverting the agreement with the players union.
Just yesterday.... Dredger had a segment on the NHL Network and he said there is no penalty as all teams must spend at least to the Cap Floor. Sorry No link to an online video.
One can make the argument... Look at the points the Sedins racked up when Ehrhoff was there QB'ing the PP.
Yes, I agree. And I like the fact that he's selective with Wang's money. Too bad no one wants it, except for over the hill folks and cast-offs/rejects.
Playoffs Baby!!! (Didn't know we made a play for Drury). Add Zbynek Michalek / Jovanovski.
You can't pay this guy 6 million just because your using the argument that he inflated the stats of two players. You look at what he's accomplished. His playoffs were dreadful, he was -13. He has hit 50 points once. Streit did it in his first year, he actually hit a higher point total, and makes 4 million dollars.
The Isles offered him 40% more than Vancouver did. They gave him a long term deal at 5.5 million. At 6 million, you set your sights on a better hockey player.
It's really that simple. Good for Buffalo for overspending at 6 per to get the deal done (if thats the case). It will look silly by year 2, take that to the bank. This is Christian Erhoff, not Mark Streit.
Just yesterday.... Dredger had a segment on the NHL Network and he said there is no penalty as all teams must spend at least to the Cap Floor. Sorry No link to an online video.
yes, and by that logic, there is no penalty for not filing your taxes as all earners must file by April 15th.
But if a team goes under the cap floor, as per the CBA, there are financial penalties payable to the Players Association as the league mandated each team is responsible to give 1/30th of 54% of gross revenues to the players.
Wang has to make sure he hits the cap floor for the stated part of the season or he can be penalized. I'll try and find it in the CBA link when I have time.
He'll get to the floor, I have no doubt. I just hope it's with salaries and not Weight-esque bonuses. You know, for the fans paying him.
yes, and by that logic, there is no penalty for not filing your taxes as all earners must file by April 15th.
But if a team goes under the cap floor, as per the CBA, there are financial penalties payable to the Players Association as the league mandated each team is responsible to give 1/30th of 54% of gross revenues to the players.
Wang has to make sure he hits the cap floor for the stated part of the season or he can be penalized. I'll try and find it in the CBA link when I have time.
He'll get to the floor, I have no doubt. I just hope it's with salaries and not Weight-esque bonuses. You know, for the fans paying him.
Yes, I saw that link. But it was based on Katie's initial blog of "back loaded contracts" speculation. Botta's contract info came from Kyper. And no where did Kyper say the contract was back loaded on his tweet.
If no one accepts Wangbucks then yes, bonuses paid or not, will lead us to the cap floor.
For many players, unrestricted free agency is a once in a lifetime opportunity. Many want to feel it,see what they are worth,take all the calls and job opportunities , sit with their agent/family and make the best decision.I wouldn't be surprised to see him ending up with the Islanders when it's all said and done,great young team and sweet NY
Now why won't Wang spend money now or next season, instead having made backloaded deals? And if he has those Okposo and Grabner deals backloaded, why now doesn't he use the cap space on Erhoff for a heavily FRONTLOADED deal to allow more room for Okposo and Grabner's contracts AND Hamonic and Tavares' raises as well as Moulson's in all likelihood?
Perhaps he doesn't want to spend now because he's going to sell once he gets his landgrab? I mean it was just a new arena before....and then development rights crept into the conversation, correct?
So we needed a large upfront amount to reach the cap floor and refused to yield it.
I don't blame Snow....I think Snow's being handcuffed by our idiot owner.
Watch for a large one year payment to a necessary mercenary who will agree to large bonus clauses so payroll can remain 30th.
Agree that it is curious why we wouldn't front load when we CAN and NEED to in order to meeet the floor.
I do not feel he is thinking of selling (maybe dreaming of it) because there are no local buyers that will make him whole. But clearly CW is in the wings pulling strings on money offers.
5.5 for 6 years was a solid offer , nothing to be ashamed of there.
just seemed like a fruitless exercise.
I dont need the gm of my team pronouncing to the hockey world ''look , we tried''
get the steel frame of the new arena up , get a few more years of the rebuild brewing then we'll start seeing free agents taking us seriously . Til then , enjoy this stage of new york islander history.
What the hell does that frontloading have to do with the cap floor? The only thing that counts towards reaching the cap floor is the cap hit. The cap hit is the same whether the contract is frontloaded or backloaded.
Signing a player to a backloaded contracts make sense for teams that are close to the cap ceiling, because it allows you to pay a player more than what their cap hit is. The Islanders have little need for that, since obviously the cap ceiling is not an immediate concern. Backloading a contract would mean though that in a couple years when we hopefully are competing, we will be paying those players more than their cap hit, which is a good thing. It makes sense to take advantage of that cap space now while we are far from the ceiling.
Also, does anyone really believe that the bonuses in Doug Weight's contract are what allowed us to reach the cap floor? Doug Weight got paid a salary of 850k and had 300k in bonuses. I don't think that 300k was the make it or break it we needed.
Isles are going to get somebody this off season, they want to get all the fans excited to vote. good job by garth pulling this off and then unloading him!
and who knows after he see's what out there he may be back to us.
What the hell does that frontloading have to do with the cap floor? The only thing that counts towards reaching the cap floor is the cap hit. The cap hit is the same whether the contract is frontloaded or backloaded.
Signing a player to a backloaded contracts make sense for teams that are close to the cap ceiling, because it allows you to pay a player more than what their cap hit is. The Islanders have little need for that, since obviously the cap ceiling is not an immediate concern. Backloading a contract would mean though that in a couple years when we hopefully are competing, we will be paying those players more than their cap hit, which is a good thing. It makes sense to take advantage of that cap space now while we are far from the ceiling.
Also, does anyone really believe that the bonuses in Doug Weight's contract are what allowed us to reach the cap floor? Doug Weight got paid a salary of 850k and had 300k in bonuses. I don't think that 300k was the make it or break it we needed.
Because of the impending end of the CBA next offseason there is uncertainty on what the next agreement may bring. It could potentially include another roll-back in salaries. Therefore most UFA's want a front loaded contract that pays more cash upfront and leaves less cash later on that could be subjected to a roll-back.
Additionally, back loading OR front loading have the same effect of "averaging" out the cap hit. Most teams front-load because it allows the remaining years (high cap hit but less actual salary) to be traded or bought out with greater ease. In the case of the Isles, the theory is they are back-loading so that once the arena is in place they can actually have monies via revenue to pay the players.
EDIT -> Just an aside, I hope the next CBA brings another penalty free buyout... at which point the Isles deal with Dipietro. Either he gets back to form, retires or you hope the next CBA allows an opportunity to buy him out without effect to the cap.
Sounds like Garth made a solid offer. No reason to get all out of shape about it and good luck CE where ever you end up. CE is a nice player but he's not the 2nd coming of Potvin.
Now why won't Wang spend money now or next season, instead having made backloaded deals? And if he has those Okposo and Grabner deals backloaded, why now doesn't he use the cap space on Erhoff for a heavily FRONTLOADED deal to allow more room for Okposo and Grabner's contracts AND Hamonic and Tavares' raises as well as Moulson's in all likelihood?
Perhaps he doesn't want to spend now because he's going to sell once he gets his landgrab? I mean it was just a new arena before....and then development rights crept into the conversation, correct?
So we needed a large upfront amount to reach the cap floor and refused to yield it.
I don't blame Snow....I think Snow's being handcuffed by our idiot owner.
Watch for a large one year payment to a necessary mercenary who will agree to large bonus clauses so payroll can remain 30th.
We don't know that Garth's offer wasn't front-loaded, we just know that it wasn't heavily front loaded. Is Erhoff worth a 10+ million dollar first year payment? No.
Sounds like Garth made a solid offer. No reason to get all out of shape about it and good luck CE where ever you end up. CE is a nice player but he's not the 2nd coming of Potvin.
Ballsy. Went out on a limb to show CE that he was serious about him and offered a legit and RESPONSIBLE contract to him and was turned down and got back what he gave up. LOSE-LOSE. He wasn't willing to give him a stupid big contract to get him but showed that he's serious about getting better. Still like the move.
Yep. I'm glad to read Snow didn't play a desperate hand, and give him a blank check.
I had a feeling to sign here would have to be at least $6 mil per year and heavily front loaded but hey not always worth that kind of money and as much as I wanted Ehrhoff now maybe Dehaan can win a spot.
