Luongo and Schneider Revisited (or is it continued?)

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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Wed Jun 26, 2013 1:11 pm

Hockey Widow wrote:If Kipper retires is there a recapture penalty in play for the Flames? If he just says he is not coming back and does not file his retirement papers and there is no cap recapture penalty then we have our answer don't we?


Kipper's contract is not affected by the Recapture Rule as it is only a 6-year contract

(only 7-year+ contracts fall under this rule).
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Hockey Widow » Wed Jun 26, 2013 1:43 pm

Strangelove wrote:
Hockey Widow wrote:If Kipper retires is there a recapture penalty in play for the Flames? If he just says he is not coming back and does not file his retirement papers and there is no cap recapture penalty then we have our answer don't we?


Kipper's contract is not affected by the Recapture Rule as it is only a 6-year contract

(only 7-year+ contracts fall under this rule).


Oh, small detail!
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Vader » Wed Jun 26, 2013 1:48 pm

Strangelove wrote:
Vader wrote:
Hockey Widow wrote:If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.


Don't think that's correct in the case of contracts that are greater than 7 years.

Otherwise Luongo would tell any team that acquires him he won't report for the final 2/3 years of his deal and voila no cap hit - which would obviously render this cap recapture rule meaningless.

Strangelove will go postal if he reads this



HW is right in that Luongo's cap-hit would be gone if he were suspended



If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash

Doesn't make sense. The player would agree with the team to fail to report during the low $$ years of the contract and be suspended with no cap consequences??

Failing to report = defecting from the contract = recapture penalty
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Wed Jun 26, 2013 1:56 pm

Vader wrote:
Strangelove wrote:HW is right in that Luongo's cap-hit would be gone if he were suspended



If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash


She never said the bolded part...
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Vader » Wed Jun 26, 2013 2:07 pm

Strangelove wrote:
Vader wrote:
Strangelove wrote:HW is right in that Luongo's cap-hit would be gone if he were suspended



If HW is right then
1. if you retire, recapture rule kicks in and cap penalty occurs, no salary is paid out in cash
2. if you fail to report, then the team suspends and no recapture rule and no cap hit, no salary is paid out in cash


She never said the bolded part...


Yeah - re-read HW's original post ....so it would seem there would at least be the recapture hit if you fail to report

Carry on (or not)
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Wed Jun 26, 2013 2:20 pm

HW's original post:

Hockey Widow wrote:If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.


WTF Vader??
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Vader » Wed Jun 26, 2013 2:26 pm

Strangelove wrote:HW's original post:

Hockey Widow wrote:If Luongo refuses to report because he is demanding a trade he can be suspended. A suspended players cap does not count against the cap.


WTF Vader??



Then HW said

His full cap hit does not apply if he signed the contract before age 35, it is the new cap recapture clause that applies and it is split between any team having the advantage of the lower cap in some strange pro rated way. In fact it could be worse for us.


I failed to digest that part of HW's post when I first read it so I think to summarize:
1. If you retire - recapture penaly kicks in
2. If you fail to report and are suspended - recapture penalty kicks in

Either way there is some kind of cap penalty for not playing out the contract, barring injury :whistle:
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Wed Jun 26, 2013 2:30 pm

Vader wrote:I failed to digest that part of HW's post when I first read it so I think to summarize:
1. If you retire - recapture penalty kicks in
2. If you fail to report and are suspended - recapture penalty kicks in


Yup yup yup...
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby ODB » Thu Jun 27, 2013 10:29 am

interesting twist...

Bob McKenzie ‏@TSNBobMcKenzie 58s

Any player with No Move clause (Lecavalier, Briere) can be bought out without going on waivers if they elect to opt out of waiver option.


So, ya, Lou could refuse to accept a trade and he could force a buy out banking more in the long run!
BTW, NOT A FLAME ... JUST AN OBSERVATION ... :P
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby dbr » Thu Jun 27, 2013 10:32 am

Punch yourself in the dick again, Luongo has no NMC.. just a no trade clause. He'd still get scooped up on waivers.
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Reefer2 » Thu Jun 27, 2013 2:26 pm

dbr wrote:Punch yourself in the dick again, Luongo has no NMC.. just a no trade clause. He'd still get scooped up on waivers.


I know I should know this but if someone picks him up on waivers are the Nucks responsable for part of his cap or something?
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Thu Jun 27, 2013 2:29 pm

Reefer2 wrote:I know I should know this but if someone picks him up on waivers are the Nucks responsable for part of his cap or something?


Nope.
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Hockey Widow » Thu Jun 27, 2013 2:34 pm

Strangelove wrote:
Reefer2 wrote:I know I should know this but if someone picks him up on waivers are the Nucks responsable for part of his cap or something?


Nope.



For some reason it would piss e off if Philly were able to grab him on waivers. I would have to hope 7uongo would be the goalie they get.
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby Strangelove » Thu Jun 27, 2013 2:55 pm

@hfialkov on Twitter (local Panthers writer)

"Panthers are letting C Stephen Weiss, G Jose Theodore test free agency next week. #flapanthers"


.... makin room for Lou & Schroeder. :mex:

Lou & Schroeder... FOR... Matthias & Petrovic :mrgreen:
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Re: Luongo and Schneider Revisited (or is it continued?)

Postby SKYO » Thu Jun 27, 2013 3:30 pm

fwiw

"Luongo will not be bought out" - Pierre Lebrun
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