[Proposal] Loui Eriksson

[BigTramFan 259]

Been thinking about how VAN could trade away the Eriksson contract. I have seen previous trade ideas including Zack Smith but didn't think there was enough incentive for OTT to hit the button. Came up with the following:

 

To OTT: Eriksson (50% retained)

 

To VAN: Zack Smith + Mike Condon

 

Why for OTT?

Simple. Saving $5m in salary costs.

This deal allows them to spend a total of $4.5m over the next three years ($0.5m + $2m + $2m), instead of paying $9.5m over two years ($6.25 + $3.25).

Loui’s 50% cap hit of $3m per year will not affect OTT since they are well below the cap limit.

They are giving up Zack Smith, however he would likely play on their 4th line and Loui can provide similar points and is effective in a shutdown role.

Loui also has the ability to fill in if any top 6 forwards are injured. In addition, for less total money OTT get a roster player in Loui for 3 seasons, whereas Smith is only contracted for 2 more seasons.

OTT waived Condon last season. They are paying him $3m salary this year to play in the minors. They would love to get rid of him.

 

Why for VAN?

Giving Eriksson a new start somewhere else.

Reducing Eriksson’s cap hit to only $3m in 2021-22 (when we may need the space for Pettersson + Hughes)

With this deal our cap hit becomes:

2019-20: $7.575m (this is just $1.575 more than LE’s full $6m hit and affordable)

2020-21: $6.25m

2021-22: $3.0m (creates $3m cap space at a critical time)

 

Condon can be assigned to Utica. Smith can play a role on our 4th line and provides center depth for 3C or 4C if required.

[coastal.view 6,944]

i'd like to see you pitch that to aquaman

 

hey i have a deal for you sir

we're gonna spend 9.5 plus half of loui's salary 4.5

so we don't have to pay little things the other 4.5 million

 

14 million of your money to avoid paying 4.5

it'll really only cost you an extra 5 million to do this sir

sweet deal don't you think aqua ?

 

Edited July 8, 2019 by coastal.view

[Monteeun 1,168]

I rather not take any money back

[BigTramFan 259]

15 minutes ago, coastal.view said:

i'd like to see you pitch that to aquaman

 

hey i have a deal for you sir

we're gonna spend 9.5 plus half of loui's salary 4.5

so we don't have to pay little things the other 4.5 million

 

14 million of your money to avoid paying 4.5

it'll really only cost you an extra 5 million to do this sir

sweet deal don't you think aqua ?

 

Well I certainly wouldn’t send you in to pitch it!

 

Yes it costs us more money to get out of the contract. That’s the whole reason why OTT would say yes. The point is we don’t give up assets to move on from Loui.

[Monteeun 1,168]

ok ok, let me try.

 

Erickson and Goldi to Ottawa for their 7th round or something

[73 Percent 12,314]

1 hour ago, Monteeun said:

ok ok, let me try.

 

Erickson and Goldi to Ottawa for their 7th round or something

I'd do it but doubt it gets  the deal done. I want to be optimistic but lets just look at the marleau deal for a min. 

 

Marleau at 6.25x1yr cost a 1st round pick to move. He put up 37 pts last year and hasn't missed a game since 2009. It also appeared that he was a great role model for matthews and marner.

 

Loui eriksson at 6x3yrs. Amazed all of 29 pts last year. Has missed significant time in 3 of the last 6 seasons. Just finished crying to the media a few weeks ago. 

 

If it took a 1st round pick to rid marleau it might take 3 1st round picks to ship loui out lol. I think we're just stuck to be honest.

Edited July 8, 2019 by 73 Percent

[N7Nucks 8,586]

We aren’t saving any cap. Just trading Eriksson. On top of having more salary. Sure, ownership would love this idea.

[vannuck59 630]

Send LE to Utica Let his ego want to make him retire. 

[SabreFan1 9,004]

8 minutes ago, vannuck59 said:

Send LE to Utica Let his ego want to make him retire. 

That was the idea with Matt Moulson and the Sabres.  He happily played his 2 years in the AHL while pulling 5 million in salary per year.  Lots of money to play a game trumps ego.

Edited July 8, 2019 by SabreFan1
took off the .5

[Ghostsof1915 30,950]

One or two has to be moved. 

Eriksson, Tanev, Sutter. 

 

Sadly, Eriksson's lousy stats would drive any sane GM's away. Eriksson's point totals improved last season. But 29 points and $6 Million isn't going to cut it. 

 

[Ghostsof1915 30,950]

8 minutes ago, vannuck59 said:

Send LE to Utica Let his ego want to make him retire. 

Then there's one less spot for our prospects to develop. It also doesn't save much money does it? 

[vannuck59 630]

True enough , but everyone is different , give him the dog and pony send him down them bring him up bag skate him . 

[SabreFan1 9,004]

1 minute ago, Ghostsof1915 said:

Then there's one less spot for our prospects to develop. It also doesn't save much money does it? 

To be fair, he could be loaned to another team's AHL club.  The Sabres loaned Moulson to the LA King's AHL club.

[vannuck59 630]

4 minutes ago, Ghostsof1915 said:

Then there's one less spot for our prospects to develop. It also doesn't save much money does it? 

and one more spot on the roster up here for a prospect so whats your solution ?

[Ghostsof1915 30,950]

3 minutes ago, vannuck59 said:

and one more spot on the roster up here for a prospect so whats your solution ?

Sabrefan1's solution to loan him to another AHL club does sound better. It gets Eriksson off our team, maybe it's about sending a message to a guy who just doesn't seem that movtivated. I wish I had a better solution. Maybe he will develop an allergy to hockey equipment? 

[SabreFan1 9,004]

34 minutes ago, vannuck59 said:

True enough , but everyone is different , give him the dog and pony send him down them bring him up bag skate him . 

Not sure if you're joking, but I figured I'd mention that the NHLPA negotiated punishment out of the NHL.  Bag skating is no longer allowed. 

 

It's apparently too rough on the delicate sensibilities of the modern day hockey player.

[Crabcakes 6,491]

51 minutes ago, 73 Percent said:

I'd do it but doubt it gets  the deal done. I want to be optimistic but lets just look at the marleau deal for a min. 

 

Marleau at 6.25x1yr cost a 1st round pick to move. He put up 37 pts last year and hasn't missed a game since 2009. It also appeared that he was a great role model for matthews and marner.

 

Loui eriksson at 6x3yrs. Amazed all of 29 pts last year. Has missed significant time in 3 of the last 6 seasons. Just finished crying to the media a few weeks ago. 

 

If it took a 1st round pick to rid marleau it might take 3 1st round picks to ship loui out lol. I think we're just stuck to be honest.

And then Carolina bought out Marleau!  So basically they bought a 1st round pick for the cost of the buy out.

 

This was a special case because they were dealing with a desperate GM.  No deal, no Marner.  

 

Dubas had a gun to his head.  Benning does not.  When you do the math and trim the roster to 23, we see about $13M in cap space so they'll be fine

 

Why it may benefit Ottawa is that actual cash paid out is less than the healthy cap hit.  It works for them if it gets them to the cap floor.  The floor is at $58.5M this year and the Sens are at $59M with 3 players to add so there's no pressure to add a player like Eriksson 

 

 

[Crabcakes 6,491]

43 minutes ago, Ghostsof1915 said:

One or two has to be moved. 

Eriksson, Tanev, Sutter. 

 

Sadly, Eriksson's lousy stats would drive any sane GM's away. Eriksson's point totals improved last season. But 29 points and $6 Million isn't going to cut it. 

 

The Canucks are fine cap wise.  Cap Friendly is showing 31 active players.  Roussel is going on IR and 7 others will be coming off (only 2 unsigned coming off)

[Robert Long 37,364]

5 hours ago, BigTramFan said:

 

With this deal our cap hit becomes:

2019-20: $7.575m (this is just $1.575 more than LE’s full $6m hit and affordable)

2020-21: $6.25m

2021-22: $3.0m (creates $3m cap space at a critical time)

 

thats actually more expensive than just buying him out

 

Cap Hit Calculations

SEASON	INITIAL BASE SALARY	INITIAL CAP HIT	SIGNING BONUS	BUYOUT COST	POST-BUYOUT EARNINGS	SAVINGS	CAP HIT ( VAN)
2019-20	$1,000,000	$6,000,000	$4,000,000	$555,556	$4,555,556	$444,444	$5,555,556
2020-21	$1,000,000	$6,000,000	$3,000,000	$555,556	$3,555,556	$444,444	$5,555,556
2021-22	$3,000,000	$6,000,000	$1,000,000	$555,556	$1,555,556	$2,444,444	$3,555,556
2022-23	$0	$0	$0	$555,556	$555,556	-$555,556	$555,556
2023-24	$0	$0	$0	$555,556	$555,556	-$555,556	$555,556
2024-25	$0	$0	$0	$555,556	$555,556	-$555,556	$555,556
TOTAL	$5,000,000	$18,000,000	$8,000,000	$3,333,333	$11,333,333

[NewbieCanuckFan 7,952]

1 hour ago, Ghostsof1915 said:

Then there's one less spot for our prospects to develop. It also doesn't save much money does it? 

Not to mention having an unhappy uninspired player isn’t exactly the type of mentor you’d want around our prospects there.  Send him to our ECHL affiliate.