BingoTough wrote: ↑Thu May 14, 2020 9:14 pm
I can't recall but didn't they pick these up as a means of getting assets and/or getting rid of poor assets by way offering teams salary relief? The leaves were happy to eat the $$$ as a means to get their way out of troubles?
As I said can't remember. It does mean they could do it again, but the stated rationale doesn't make sense if my memory is correct.
If not, could somebody spell it out for this dummy? I can't remember / am too lazy to look it up.
The only reason Leaves picked up the $5M+ Clarkson contract last summer was because they were already into LTIR with Horton's $5M+
...
and they had an unsigned offersheet-eligible holdout-candidate RFA looking for $10M+ (Marner).
This helped them cover their vulnerable ass in an unusual situation, albeit with the usual problems perma-LTIR contracts bring.
(kills cap flexibility/deadline space, brings cap probs with more injuries, performance bonuses tacked onto next season's cap, etc)
Next season,
the last thing the Leaves want is an LTIR cuz zero benefits and all of those negatives.
Seravalli just revealed himself as a gomer who doesn't understand the salary cap nor LTIR.
He thinks LTIR is some kind of loophole for rich teams to circumvent the cap.
Did he never notice it's almost always just the opposite: Perma-LTIR tend to get traded to POOR teams.
Frank Seravall is fucked up...
And btw the Leaves traded HEALTHY Clarkson for the Horton contract 5 years ago because:
Clarkson was HORRIBLE and earning $5M+ for another 5 years.
Horton was on perma-LTIR with 5 years left on his $5M+ contract.
Horton's contract was not covered by insurance, so of course the beggarly Jackets were desperate to dump it.
So desperate that they were willing to take horrid Clarkson, cuz hey if you're gonna pay $5M you're better off with a warm body.
(and who knows, maybe he could turn things around a bit with a fresh start?)
As you know washed-up overpaid players tend to go on LTIR eventually, and unlike Horton, Clarkson's contract was insured.
This no doubt comforted the traumatized Jackets.
This is another rare situation where a rich team like the Leaves might be better off with an LTIR contract.
(although I personally thought it was a bad move for the Leaves, I mean it's not like they were a contender)
(or even a playoff team team lol)
(so who cares if you're carrying a guy in Clarkson who is earning 10Xs his worth)
(just wait until you're a playoff team and then trade Clarkson + 1st for 7th or whatever)
Ryan Reaves has signed a two-year extension with the Golden Knights!!! #VegasBorn 