StealthNuck

Loui Eriksson | #21 | LW/RW

Recommended Posts

13 minutes ago, janisahockeynut said:

I think one of the problems with that is Benning is trying to make this an enticing place for veterans to sign here..............as much as I agree that might work, I don't think that meets Benning agenda..............

It might be more of a problem had LE actually performed close to his contract for the first three years and started to decline the last season. But matter of fact, he did not perform any where close to his contract since day 1 so making his life miserable wouldn't affect other UFA's minds.

  • Hydration 1

Share this post


Link to post
Share on other sites
19 minutes ago, 24K PureCool said:

It might be more of a problem had LE actually performed close to his contract for the first three years and started to decline the last season. But matter of fact, he did not perform any where close to his contract since day 1 so making his life miserable wouldn't affect other UFA's minds.

Would you want LE as a teammate?  Thought not.  Non-issue.

Share this post


Link to post
Share on other sites
40 minutes ago, janisahockeynut said:

Loui Eriksson

 

2020-2021................................Actual Salary $1,000,000 + Bonus $3,000,000 = $4,000,000          Cap Hit $6,000,000

2021-2022................................Actual Salary $3,000,000 + Bonus $3,000,000 = $4,000,000          Cap Hit $6,000,000

 

If a buyout happened now, after his 2020-2021 $3,000,000 bonus was paid out, the actual money owed to Loui would be...................This may have been why Virtanen went to arbitration....................now there is a second buyout period

 

If the buyout happened July 15th of 2020.............................$4,000,000 in bonus money + $2,666,667 in actual Salary = $6,666,667

If the buyout happened Aug. 31st of 2020 ...........................$1,000,000 in bonus money + $2,666.667 in actual Salary = $3,666,667 

If the buyout happened  July 15th of 2021............................$1,000,000 in bonus money + $2,000,000 in actual Salary = $3,000,000

 

July 15th of 2020...........................Buyout Caphit.................$5,666,667.......$3,666,667.......$666,667........,$666,667

Aug 31st of 2020...........................Buyout Caphit..................Same

July 15th 2021...............................Buyout Caphit.................XXXXXXXX......$4,000,000......$1,000,000.......XXXXXXX

 

Just trying to put the numbers up where we can all see them.........................

 

So, if Loui retires today, he received his $3,000,000 bonus, but would get no monies for the next 2 years, but would be able to sign in either the KHL or SHL for the next 2 seasons, which I am thinking would bring him a $1,000,000 per, so $2,000,000 in the last 2 years of his voided Canuck contract. Or to look at it another way, he would be short approx. $1,666,667 dollars., and would be much closer to his native land.

 

Or he holds out and gets sent down to Utica, and is away from his family for 2 years? Get's saddle sores from riding the bus, but gets his remaining $5,000,000, which is a difference of $3,000,000 from playing in Europe.

 

The other 2 ways to get out of the contract is Loan or mutual termination. But with the new Covid reality......is retirement/loan/or mutual termination and signing in Europe even possible? How much is your pride and dignity worth? 

Also consider his income tax treatment back in Euroland compared to here as well. Bottom line is his kids were all born over here as well. Would his family want to live in Europe? If I had a choice I would not. I cannot see any hope that another team would take LE unless there was serious CAP retention with a bonus player. It suggests a buy-out. 

  • Hydration 1

Share this post


Link to post
Share on other sites
3 hours ago, Boudrias said:

Also consider his income tax treatment back in Euroland compared to here as well. Bottom line is his kids were all born over here as well. Would his family want to live in Europe? If I had a choice I would not. I cannot see any hope that another team would take LE unless there was serious CAP retention with a bonus player. It suggests a buy-out. 

I don't disagree with you, but I would think the kids are fluent in Swedish and probably go back every summer.

 

Sweden is a beautiful place.............a lot different than here...higher standard of living generally.......also alot more places to vacation at......

 

The kids would love it there....I know mine would have.

  • Hydration 1

Share this post


Link to post
Share on other sites
4 hours ago, janisahockeynut said:

Loui Eriksson

 

2020-2021................................Actual Salary $1,000,000 + Bonus $3,000,000 = $4,000,000          Cap Hit $6,000,000

2021-2022................................Actual Salary $3,000,000 + Bonus $3,000,000 = $4,000,000          Cap Hit $6,000,000

 

If a buyout happened now, after his 2020-2021 $3,000,000 bonus was paid out, the actual money owed to Loui would be...................This may have been why Virtanen went to arbitration....................now there is a second buyout period

 

If the buyout happened July 15th of 2020.............................$4,000,000 in bonus money + $2,666,667 in actual Salary = $6,666,667

If the buyout happened Aug. 31st of 2020 ...........................$1,000,000 in bonus money + $2,666.667 in actual Salary = $3,666,667 

If the buyout happened  July 15th of 2021............................$1,000,000 in bonus money + $2,000,000 in actual Salary = $3,000,000

 

July 15th of 2020...........................Buyout Caphit.................$5,666,667.......$3,666,667.......$666,667........,$666,667

Aug 31st of 2020...........................Buyout Caphit..................Same

July 15th 2021...............................Buyout Caphit.................XXXXXXXX......$4,000,000......$1,000,000.......XXXXXXX

 

Just trying to put the numbers up where we can all see them.........................

 

So, if Loui retires today, he received his $3,000,000 bonus, but would get no monies for the next 2 years, but would be able to sign in either the KHL or SHL for the next 2 seasons, which I am thinking would bring him a $1,000,000 per, so $2,000,000 in the last 2 years of his voided Canuck contract. Or to look at it another way, he would be short approx. $1,666,667 dollars., and would be much closer to his native land.

 

Or he holds out and gets sent down to Utica, and is away from his family for 2 years? Get's saddle sores from riding the bus, but gets his remaining $5,000,000, which is a difference of $3,000,000 from playing in Europe.

 

The other 2 ways to get out of the contract is Loan or mutual termination. But with the new Covid reality......is retirement/loan/or mutual termination and signing in Europe even possible? How much is your pride and dignity worth? 

It just occurred to me that my calculations do not include escrow...............which halves any actual money paid to the players right now.

Share this post


Link to post
Share on other sites
1 hour ago, highwayman3 said:

I can't believe this clown cost us Toffoli (indirectly).  FFS.

How the hell can this bum look his teammates in the eye knowing that?  Anyone with an ounce of dignity would do the right thing and retire.  He simply is not welcome here.

  • Like 1

Share this post


Link to post
Share on other sites

LE is like the plague, cant ever get rid of him, nor will he take a pay cut since he sucks now, minus doing some defensive plays.....sigh, LE and maybe one other is preventing us to sign a top notch d-man

Share this post


Link to post
Share on other sites
15 hours ago, King Heffy said:

How the hell can this bum look his teammates in the eye knowing that?  Anyone with an ounce of dignity would do the right thing and retire.  He simply is not welcome here.

It's worth a lot of money to LE, millions. I'm sure you wouldn't turn down a couple of million I know I wouldn't. Plus as he states he still he still enjoys playing. It wasn't his fault he was given a $6 mill/season contract. I'd sure like to see him go LT Injury, immediate relief for JB

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.