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[Buyout] Canucks buy out Ryan Spooner


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Just now, Elias Pettersson said:
SEASON INITIAL BASE SALARY INITIAL CAP HIT SIGNING BONUS BUYOUT COST POST-BUYOUT EARNINGS SAVINGS CAP HIT (Vancouver Canucks VAN) CAP HIT (New York Rangers NYR)
2019-20 $4,000,000 $4,000,000 $0 $1,333,333 $1,333,333 $2,666,667 $1,033,333 $300,000
2020-21 $0 $0 $0 $1,333,333 $1,333,333 -$1,333,333 $1,033,333  $300,000
TOTAL $4,000,000 $4,000,000 $0 $2,666,667 $2,666,667 $1,333,333 $2,066,666 (78%) $600,000 (23%)

Cool cool cool!

 

Is Eriksson next? Or is he more likely to be traded?

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1 minute ago, Elias Pettersson said:

Eriksson is next.  Not a buyout as it won't help the cap much.  I expect him to get moved though.  

 

Canucks making room for Gustav Nyquist and Tyler Myers...  :)

Not until his bonus is paid out.  Negative value otherwise.

Edited by NewbieCanuckFan
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1 minute ago, King Heffy said:

Would have preferred just paying him to play in Utica rather than spreading out the pain.  I trust there's a reason behind this though.

Gives an extra million to work with this year. While it adds a million next year, with the moves we will likely make this offseason, there may not be much done next offseason. The cap going up next season should mitigate the million transferred to next season.

 

This move may not have been done had the recapture penalty not occurred.

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