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[Proposal] Lucic to Van


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56 minutes ago, Seannnp said:

Thanks, wasn't sure. I wouldn't mind helping out the oilers. I'd want some competition in the division over the next 5-10 years. LA and Anaheim will need to start their rebuild and soon enough SJ will be middle of the pack, approaching their own rebuild. Vegas, Calgary, Vancouver and Edmonton as the top 4 teams in the division moving forward.

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  • -SN- changed the title to [Proposal] Lucic to Van
  • 2 weeks later...
On 3/20/2019 at 3:18 AM, janisahockeynut said:

Ok, OK, Ok, …...read it first.lol

 

Lucic (2 Million retained per year)

 

to

 

Vancouver 

 

for

 

Edmonton 2019 2nd

NYI 2019 3rd

Edmonton's 2020 2nd

 

How we deal with Lucic

 

A)….Let him earn a spot...………...Could he actually play with EP and Boeser?...…….he would be one Hell of a net presence....but I don't see that happening

B)….Trade him...……………………Maybe if we retained 2 million a year, some one might give us a 3rd or 4th...………(cost $2 M X 4  yrs = 8 Million)

C)….Buy Out...……………………...We owe $4 Million X 4 years = 16 M X 2/3's = $10,666,672 over 8 years = $ 1,333,334 per year for 8 years

 

Personally, I think the Canucks can handle the 1.3 per year

 

Is it worth it?

 

The buyout cap hit is not remaining salary but cap hit less salary savings.   So the lower the salary to be paid the higher the buyout cap hit.  Lucic has part of his salary in bonuses so the salary is even lower which increases the buyout cap hit.  The league doesn't want teams to front load contracts and then buy the player out.  

 

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Milan Lucic Buyout Details

Cost Calculations
BUYOUT DATE BASE SALARY REMAINING S.BONUS REMAINING YEARS REMAINING BUYOUT LENGTH AGE BUYOUT RATIO TOTAL COST TOTAL SAVINGS ANNUAL COST
Jun 15, 2019 $7,500,000 $11,500,000 4 8 31 2/3 $5,000,000 $2,500,000 $625,000
Cap Hit Calculations
SEASON BASE SALARY INITIAL CAP HIT ACTUAL COST SAVINGS FINAL CAP HIT
2019-20 $3,000,000 $6,000,000 $625,000 $2,375,000 $3,625,000
2020-21 $1,000,000 $6,000,000 $625,000 $375,000 $5,625,000
2021-22 $2,500,000 $6,000,000 $625,000 $1,875,000 $4,125,000
2022-23 $1,000,000 $6,000,000 $625,000 $375,000 $5,625,000
2023-24 $0 $0 $625,000 -$625,000 $625,000
2024-25 $0 $0 $625,000 -$625,000 $625,000
2025-26 $0 $0 $625,000 -$625,000 $625,000
2026-27 $0 $0 $625,000 -$625,000 $625,000
TOTAL $7,500,000 $24,000,000 $5,000,000 $2,500,000 $21,500,000
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