Amnesty Buyout

Welcome to the main forum of our site. Anything and everything to do with the Vancouver Canucks is dicussed and debated here.

Moderator: Referees

CC 1st Team All-Star
Posts: 843
Joined: Sat Jul 09, 2011 9:39 pm

Re: Amnesty Buyout

Post by Benjo » Wed Jan 30, 2013 12:10 pm

SKYO wrote:
Zamboni Driver wrote:
Lancer wrote:Ballard's as good as gone regardless how he does this season, otherwise Gillis may as well let Edler walk. Welcome to Buttman's 'level playing field'.

Edit: depending on the CBA, there may not be much coming out of the owners' pockets as the buyouts will come out of the players' share of HRR (which I would interpret that to mean the money would come out of their escrow - employees paying themselves out of their contracts :| ).
Does it actually make any sense to buy these guys out?
I'm still trying to figure out exactly how the Amnesty buyout works, but from what I've read, the owner pays 2/3 of the remaining salary up front, which comes out of HIS pocket (not the escrow), however the amount is calculated as part of the players HRR %.

So for Keith Ballard, you pay him $2.8 mil to go away, leaving you the remaining $1.4 mil to find & pay an NHL caliber defenceman to take his place. Do we have someone else to play the #5 D-man position? Would we rather have Alberts?

The cap space isn't really an issue at all, as either Ballard or Booth could be sent down to the Wolves to clear cap space (if needed) and then recalled if we have a bunch of injuries.
With the compressed season there is a good chance that we might lose a top 4 D-man or a top 6 winger, so having Booth or Ballard would probably be better than the alternative.
And looking at the going price for free agents, I doubt that we'll find a significant upgrade on the market in the $1.5 - $2 mil range...
I can see a team like NJ trading for a guy like Booth (when he comes back from injury), instead of buying him out this offseason you could trade him for Zubrus at the deadline, he's a perfect forward for our 3rd line center, he's a UFA at the end of the season, but we could re-sign him a bit cheaper with a bit of term if MG wanted.

With Ballard, his value should go up with this rusty defense this season, so we could get something decent for him at the draft I bet.
To the NYI for Grabner and a first maybe? :lol:

Post Reply