Mike Richards' Recapture Penalty.... was not reduced.SKYO wrote: lol
SL, they just gotta pull the ol' LA Kings trick, get him addicted to pain killers, get him to cross the Canadian border with some oxy, terminate contract = extremely reduced cap recapture penalty.
Around the league (signings, RFAs injuries)
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- Strangelove
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Re: Around the league (signings, RFAs injuries)
____
Try to focus on someday.
Try to focus on someday.
Re: Around the league (signings, RFAs injuries)
I genuinely enjoyed your description of the recapture monster btw.Strangelove wrote:Mike Richards' Recapture Penalty.... was not reduced.SKYO wrote: lol
SL, they just gotta pull the ol' LA Kings trick, get him addicted to pain killers, get him to cross the Canadian border with some oxy, terminate contract = extremely reduced cap recapture penalty.
Anyways, what I'm trying to say about Richards case is this..
The Kings Terminated Richards' Contract
Earlier this summer, the Kings terminated the contract of the forward after the team learned he had been arrested for the unlawful possession of a controlled substance. Richards had five years and $22 million remaining on his deal, which translated to a $5.75 million cap hit over each of the next five years.
Initially, the Kings had decided to buy out Richards. That would have resulted in a fluctuating cap hit until 2024-25, peaking in 2018 and 2019 at $4.2 million.
However, by terminating his deal, the Kings would enjoy substantial cap relief as the team would only be on the hook for a cap recapture penalty of $1.32 million over each of the next five years. And of course, the team won't have to pay Richards two-thirds of his salary, which amounts to $14.5 million.
http://www.tsn.ca/richards-case-against ... e-1.353065
But alas we have to wait for the final decision.
Can the Canucks just win a Cup within the next 5 years.
- Strangelove
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Re: Around the league (signings, RFAs injuries)
Ahh... I see.
True... in the Richards' case, the Buyout Monster is scarier than the Recapture Monster.
True... in the Richards' case, the Buyout Monster is scarier than the Recapture Monster.
____
Try to focus on someday.
Try to focus on someday.
- Blob Mckenzie
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Re: Around the league (signings, RFAs injuries)
Lol wasn't Skyo jumping up and down for the Canucks to acquire Zajac last year ?Hockey Widow wrote:^^^
No kidding, that type of deal is not what a team rebuilding does, unless they get a high draft pick back.
“I don’t care what you and some other poster were talking about”
Re: Around the league (signings, RFAs injuries)
haha wordup.Strangelove wrote:Ahh... I see.
True... in the Richards' case, the Buyout Monster is scarier than the Recapture Monster.
Your memory is still intact eh? lolBlob Mckenzie wrote:Lol wasn't Skyo jumping up and down for the Canucks to acquire Zajac last year ?Hockey Widow wrote:^^^
No kidding, that type of deal is not what a team rebuilding does, unless they get a high draft pick back.
All before we got Bonino?
fuck I forget, don't care, fuck all of you. ayyyye just joshin'
Can the Canucks just win a Cup within the next 5 years.
- Blob Mckenzie
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Re: Around the league (signings, RFAs injuries)
He is still on a horribly bloated contract regardless of whether Bonino was here or not . Then again Elmer gave Sutter a huge contract anyways so I guess it all worked out .
“I don’t care what you and some other poster were talking about”
- BurningBeard
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Re: Around the league (signings, RFAs injuries)
That and a full time job in the NHL player safety department.Topper wrote:With Hossa's concussion history he's a lock on the HOF before he retires.
Every time I look out my window, same three dogs looking back at me.
- Cousin Strawberry
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Re: Around the league (signings, RFAs injuries)
SKYO wrote: haha wordup.
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Re: Around the league (signings, RFAs injuries)
twitterverse - sounds like Eberle got a serious shoulder or wrist injury for you closeted oiler fans.
Can the Canucks just win a Cup within the next 5 years.
- Island Nucklehead
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Re: Around the league (signings, RFAs injuries)
Hawks have placed Bickell on waivers. I guess they couldn't find a trade partner without taking salary back. Wonder if anyone takes him for free. If they demote him they only save $900K on their cap.
Re: Around the league (signings, RFAs injuries)
Rumour was they were talking trade with the Oilers, but it fell apart.Island Nucklehead wrote:Hawks have placed Bickell on waivers. I guess they couldn't find a trade partner without taking salary back. Wonder if anyone takes him for free. If they demote him they only save $900K on their cap.
I wonder if Chiarelli pulls a total dick-move and claims him for nothing off of waivers now.....Edmonton could take his $4M at still come under the cap by $200K. If Ference is going to be on the way out, they would have a nice cushion still to add through the season if they wanted to.
Re: Around the league (signings, RFAs injuries)
Heard that too for Nikita Nikitin, and now he's on waivers. http://thehockeywriters.com/oilers-plac ... ign=bufferMëds wrote:Rumour was they were talking trade with the Oilers, but it fell apart.Island Nucklehead wrote:Hawks have placed Bickell on waivers. I guess they couldn't find a trade partner without taking salary back. Wonder if anyone takes him for free. If they demote him they only save $900K on their cap.
I wonder if Chiarelli pulls a total dick-move and claims him for nothing off of waivers now.....Edmonton could take his $4M at still come under the cap by $200K. If Ference is going to be on the way out, they would have a nice cushion still to add through the season if they wanted to.
Can the Canucks just win a Cup within the next 5 years.
- Hockey Widow
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Re: Around the league (signings, RFAs injuries)
Ya, for it was for Nikitin but Hawks couldn't take salary back. Wonder if Oilers pluck Bicknell now or if they have internal cap concerns. I actually think Bicknell would be a good addition for them but his term is too long.
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- Eddy Punch Clock
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Re: Around the league (signings, RFAs injuries)
No rage over here yet concerning the extension Lack signed today? He will make less in the next three seasons as Miller will make this season.
Has Doc demanded a gag order?
Has Doc demanded a gag order?
2011..... the one that got away.
Re: Around the league (signings, RFAs injuries)
Nope no rage, we all sane folks.
Can the Canucks just win a Cup within the next 5 years.