Around the league (signings, RFAs injuries)

[dbr]

Long Island is rapidly becoming the place where goaltending careers go to die..

[SKYO]

Long Island is rapidly becoming the place where goaltending careers go to die..

lol

I guess it's just cap related.

@StapeNewsday
Move is cap-related -- #Isles needed to be over the floor by tomorrow, needed insurance against not being cap compliant the entire season.

@SunGarrioch
This just means Tim Thomas contract will run out without him getting a dime. The Bruins would have had to walk away from him next summer.

@TheFourthPeriod
So Isles and Bruins work around the new system... Isles get help over cap floor, B's save cap space this year. Thomas won't play anyway

@TSNBobMcKenzie
The Boston Bruins only get a draft pick from the Islanders for Tim Thomas if he reports to them or any other team if NYI trade his rights.

[Strangelove]

It gives the Bruins some cap space.

I hear the 2nd-rounder is conditional on Thomas reporting.

Which he won't.

And now the Islanders are free to trade salary away without dropping below the cap floor.

Strange world eh wot?

[Topper]

Seems to be a lot of hot air shuffled in the wind.

Good thing he's inflated.

[Arachnid]

Long Island is rapidly becoming the place where goaltending careers go to die..

Blame it on the Snow

[Reefer2]

Long Island is rapidly becoming the place where goaltending careers go to die..

Blame it on the Snow

And Wang - Tavares needs to demand a trade, that is one screwed up org. Seems always to be 1 team with a really bad owner back from Toronto days to Chicago. Hopefully Wang's kids (if he has any) is smarter when they get the team in 10+ years. Until then I hope the Islander fans love to lose.

[Topper]

Any idea how long the Isles can go on tolling Thomas's salary?

Apparently if they don't need his cap hit this year, they can toll his salary for next year as long as he fails to report.

How long can this go on for?

Remember when the NHL had the waiver draft at the start of the season and Vancouver was somehow able to have Leif Rohlin (or was it Lars Molin?) on their unprotected list for several years?

[Eddy Punch Clock]

Remember when the NHL had the waiver draft at the start of the season and Vancouver was somehow able to have Leif Rohlin (or was it Lars Molin?) on their unprotected list for several years?

Thats the one.

I don't think the Isles will carry this one out like the Canucks did though.Thomas is either going to want to return to the NHL or simply retire next season.

The guys got scruples; he'd hate to make a joke of himself.

[Blob Mckenzie]

Remember when the NHL had the waiver draft at the start of the season and Vancouver was somehow able to have Leif Rohlin (or was it Lars Molin?) on their unprotected list for several years?

And Behn Wilson even though he never played here.

[Vader]

Kings get Keaton Ellerby for a 5th round pick

http://www.tsn.ca/nhl/story/?id=415529

Basically they swapped Loktionov for Ellerby this week...good low risk move for LA

[Vader]

Remember when the NHL had the waiver draft at the start of the season and Vancouver was somehow able to have Leif Rohlin (or was it Lars Molin?) on their unprotected list for several years?

And Behn Wilson even though he never played here.

Didn't Guy Lafleur get taken by Minnesota in the expansion / dispersal draft?

[SKYO]

Kings get Keaton Ellerby for a 5th round pick

http://www.tsn.ca/nhl/story/?id=415529

Basically they swapped Loktionov for Ellerby this week...good low risk move for LA

Awesome depth move for LA and for cheap!

[Strangelove]

Kings get Keaton Ellerby for a 5th round pick

http://www.tsn.ca/nhl/story/?id=415529

Basically they swapped Loktionov for Ellerby this week...good low risk move for LA

Awesome depth move for LA and for cheap!

Wow it seems as though Florida isn't the only team to give up on Ellerby!

(otherwise someone would've offered up more than a 5th round pick for the former 10th overall)

Looks like the Kings are gonna give him a whirl only because they are desperate:

https://twitter.com/reallisa/status/299929047029407744

Just chatted w/Dean Lombardi. Dean Lombardi: "Right now we have to operate on the premise Willie and Greener are done for the year."

What about THAT Mr Sutter!

[Vader]

Wow it seems as though Florida isn't the only team to give up on Ellerby!

(otherwise someone would've offered up more than a 5th round pick for the former 10th overall)

Pat White has some company that draft year:
Thomas Hockey - 4th
Zach Hamill - 8th
Ellerby - 10th
Alex Plante - 15th
Colton Gillies - 16th
Angelo Esposito - 20th
Riley Nash - 21st

Quality players that went after White (before the 4th round) include
David Perron - 26th
PK Subban 43rd
TJ Galliardi - 55th
Nick Spaling - 58th
Wayne Simmonds - 60th
Dana Tyrell - 47th

I'm not defending that terrible selection of White, but it wasn't like there was a bunch of future hall of famers taken right after him. Maybe that's why they went so far off the board that draft year?

[Uncle dans leg]

Chris Cuthbert exploring the notion of OV moving on...
Chris Cuthbert ‏@CCtsn
Pondered 2 questions while shoveling for the last hr; why no snowblower? And is now the time for #Caps and Ovie to consider a trade? #NHL
Chris Cuthbert ‏@CCtsn
Apparently few think Ovechkin, once considered the #NHL's best player, can rediscover his game at age 27. Anybody? #freshstart
Chris Cuthbert ‏@CCtsn
Won't throw a bunch of names out but have to think #Caps and a few other #NHL teams will have internal discussions re Ovechkin #intriguing

The counter argument by Washington Post reporter Neil Greenberg...

Why the Caps won’t trade Alex Ovechkin


I get it. The outlook is grim. The Capitals are in last place in the NHL with a 2-7-1 record and will likely miss the playoffs. They have a minus-13 goal differential (worst in league) and have yet to score more than three goals in a game. Their penalty kill is ranked 23rd in the league, which is compounded by the fact they have been shorthanded 47 times (tied for third worst). Faceoffs, once a hallmark of head coach Adam Oates’s career, is also floundering at 47.8 percent. But that doesn’t mean Alex Ovechkin should no longer be a member of the team.

Sure, his production is nowhere close to what it was when he signed the first $100 million deal in NHL history back in January 2008 — a $124 million, 13-year contract extension that runs through the 2020-21 season — but it still doesn’t make getting rid of Ovechkin the right move.

For one, the economics of a buyout do not make financial sense. According to CapGeek, when a player is bought out, the team still takes a cap hit for the player over a period of twice the remaining length of the contract. So, using CapGeek’s buyout calculator:

Alex Ovechkin is 27 years old on the buyout date of June 15, 2013, setting the buyout ratio at 2/3 and the total buyout cost at $52,666,667 spread over 16 years. His contract was originally valued at $124,000,000 beginning in 2008 and ending in 2021, with $79,000,000 remaining from the buyout year forward.

That means a $3.8 million dollar cap hit on the books until 2028-29. Don’t see that as sound fiscal policy.

Secondly, not sure the trade market is there for Ovechkin. In theory, any team would love to have him, but who would be willing to give up the value necessary and take on a $9.5 million cap hit for the next eight years? Did I mention the player in question is 27 years old, has two goals in 10 games and has seen his point production decline each year for the last six years?

Lastly, there is almost no defense for Ovechkin’s contract from an on-ice production standpoint, but what about his value off the ice? When the last lockout ended (the one in 2005, not this past one) the Capitals were 28th in the league in home attendance, averaging less than 14,000 fans per game. When they were the toast of the league in 2009-10, that figure swelled to 18,277. This year, even post-lockout, it is higher still at 18,506. Granted, those figures are tickets sold and not necessarily fannies in seats, but you get the picture: Ovechkin helped put hockey on the radar in D.C. Ovechkin’s red Caps sweater also typically ranks among the league’s most popular, putting more money into Ted Leonsis’s coffers. All that adds up to a positive return on investment for Leonsis and his Monumental partners.

Ovechkin, for better or worse, is the captain of this team. He is struggling. The team is struggling. But that doesn’t mean it is time to ship him out.


I most definitely think Gillis has no interest and nor should he but a re-inspired Alex Ovechkin could turn a good team into so much more if the right scenario were available. It's the whole getting him re-inspired thing that would be the challenge. I could see the only teams capable of that is maybe the Penguins and the Rags. 9.5/yr for 8 more years tho...man that's bad.