[Discussion] Compliance Buyouts, You Get Two

[Tre Mac]

So for the sake of discussion let's say this season is scrapped and next season starts on time.  The cap is either the same or lower and as such the NHL gives each team 2 compliance buyouts(CB's).  You're in charge, grats, what 2 players do you say adios to in order to re-sign the big 3 UFA's(Tanev, Toffoli, Markstrom)? 

 

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Compliance Buyout

During the buyout periods in 2013 and 2014, teams were permitted two compliance buyouts (also known as amnesty buyouts). The formula above is applied to determine the monetary amount paid to the player; however, they do not count against the cap.

Compliance buyouts were only permitted to be executed on a contract that was entered into on or before Sept. 15, 2012 2019. They were also permitted to be performed on a 35-plus contract.

For one season following a compliance buyout, players were not permitted to rejoin the team which performed the buyout (this restriction does not exist for normal buyouts).

We'll use the same criteria as last time, so you cannot buyout a player like Eriksson then re-sign him on the cheap. 

 

I chose two because I figured Eriksson would be a near obvious choice.  Here's a list of contracts according to capfriendly:

 

Quote

FORWARDS (14 - $46,264,167)		TERMS	POS	STATUS	AGE	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26
Eriksson, Loui		NTC	LW, RW	NHL	34	$6,000,000	$6,000,000	$6,000,000	UFA
Boeser, Brock			RW	NHL	23	$5,875,000	$5,875,000	$5,875,000	RFA
Horvat, Bo "C"			C	NHL	24	$5,500,000	$5,500,000	$5,500,000	$5,500,000	UFA
Miller, J.T.			C, LW, RW	NHL	27	$5,250,000	$5,250,000	$5,250,000	$5,250,000	UFA
Toffoli, Tyler			RW, LW	NHL	27	$4,600,000	UFA
Sutter, Brandon		M-NTC	RW, C	NHL	31	$4,375,000	$4,375,000	UFA
Pearson, Tanner			LW	NHL	27	$3,750,000	$3,750,000	UFA
Roussel, Antoine		M-NTC	LW	NHL	30	$3,000,000	$3,000,000	$3,000,000	UFA
Beagle, Jay		M-NTC	C	NHL	34	$3,000,000	$3,000,000	$3,000,000	UFA
Virtanen, Jake			RW	NHL	23	$1,250,000	RFA
Motte, Tyler			RW, LW, C	NHL	25	$975,000	RFA
Pettersson, Elias		ELC	C	NHL	21	$925,000	$925,000	RFA
Gaudette, Adam		ELC	C	NHL	23	$916,667	10.2(c)
MacEwen, Zack		ELC	C, RW	NHL	23	$847,500	RFA
TOTAL					26.6	$46,264,167	$37,675,000	$28,625,000	$10,750,000
DEFENSE (7 - $22,541,667)		TERMS	POS	STATUS	AGE	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26
Edler, Alexander "A"		NMC	LD	NHL	33	$6,000,000	$6,000,000	UFA
Myers, Tyler		NMC	RD	NHL	30	$6,000,000	$6,000,000	$6,000,000	$6,000,000	$6,000,000	UFA
Tanev, Christopher "A"		M-NTC	RD	NHL	30	$4,450,000	UFA
Stecher, Troy			RD	NHL	25	$2,325,000	RFA
Benn, Jordie			LD	NHL	32	$2,000,000	$2,000,000	UFA
Hughes, Quinn		ELC	LD	NHL	20	$916,667	$916,667	10.2(c)
Fantenberg, Oscar			LD	NHL	28	$850,000	UFA
TOTAL					28.3	$22,541,667	$14,916,667	$6,000,000	$6,000,000	$6,000,000
GOALIES (2 - $2,200,000)		TERMS	POS	STATUS	AGE	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26
Domingue, Louis			G	NHL	28	$1,150,000	UFA

Quote

LONG-TERM INJURED RESERVE (3)		TERMS	POS	STATUS	AGE	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26
Markström, Jacob Salary Relief: $3,666,667 P.Bonus Relief: $0			G	LTIR	30	$3,666,667	UFA
Ferland, Micheal Salary Relief: $3,500,000 P.Bonus Relief: $0		NMC	LW, RW	LTIR	27	$3,500,000	$3,500,000	$3,500,000	$3,500,000	UFA
Leivo, Josh Salary Relief: $1,500,000 P.Bonus Relief: $0			RW, LW	LTIR	26	$1,500,000	UFA
TOTAL					27.7	$8,666,667	$3,500,000	$3,500,000	$3,500,000
BURIED (1 - $2,291,666)		TERMS	POS	STATUS	AGE	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26
Baertschi, Sven			LW	Minor	27	$2,291,666	$2,291,666	UFA

My choices:

 

Loui Eriksson

Tyler Myers

 

Other possiblities:

Brandon Sutter

Antoine Roussel

Jay Beagle

Micheal Ferland

Sven Baertschi

 

Not a fan of Myers at that caphit.  I think he's a 3rd pairing defensemen that might be able to fill in if injuries arise.  By using the CB's on Eriksson and Myers that'll free up the most cap space and I also feel that Tryamkin can fill in for Myers just fine.  

 

To add a little more discussion - Who would you buyout if you're only given one CB?  I still think Myers is the best option over Eriksson due to the longer term.  I do understand Myers could be exposed in the expansion draft but I doubt Seattle would take that contract.  Ferland due to his concussion history might be another viable candidate.

 

Discuss.

 

 

 

[BCNate]

I would that LE and Sutter would be the obvious choices.

 

I'd love to see the buyouts be tradeable.  Won't happen, but would make things interesting.  What would a team like Toronto, who doesn't really have a bad deal on the books, get in return for a buyout?

[apollo]

Believe it or not Myers left money on the table and took a discount to play in his home town.

 

Makes me sick when people rag on him.

 

Tyler Myers is going to be a long time succesful Canuck.

 

That all being said, I don't see how we get compliance buyouts again... those came in because the system was broken and there was many contracts that had abused teams before they changed the rules so to speak.

 

No rules were changed here, our season had to be paused due to a once in a life time pandemic.

 

Playoffs in August... buckle up Canucks fans!

[khay]

I actually think if there is CB, there will only be 1 this time as opposed to 2. Two CBs were necessary last time due to introduction of cap for the first time, which was set quite low compared to the salary levels at that time.

 

Eriksson for sure. It will give us immediate cap relief to sign both Tanev and Toffoli.

 

Myers is serviceable and will be serviceable for the next couple of seasons and will carry a positive trade value IMO. Although you are right that in year 4 of his contract, he might have negative value much like Eriksson, I think it's only a potential problem at this point as no one can see the future. Maybe Myers will become more stable as years go on, you never know.

 

 

[GB5]

Le is the no-brainer.

 

After that I may just stand down. If Ferland can play then he helps the team, Myers isn't half as bad as what some people are saying and we really didn't want him there is a potential for trading him still.

 

Other than that the only other player I would consider is Roussel to make way for Lind or insert other rookie name here_______________

[EternalCanuckFan]

3 minutes ago, khay said:

I actually think if there is CB, there will only be 1 this time as opposed to 2. Two CBs were necessary last time due to introduction of cap for the first time, which was set quite low compared to the salary levels at that time.

 

Eriksson for sure. It will give us immediate cap relief to sign both Tanev and Toffoli.

 

Myers is serviceable and will be serviceable for the next couple of seasons and will carry a positive trade value IMO. Although you are right that in year 4 of his contract, he might have negative value much like Eriksson, I think it's only a potential problem at this point as no one can see the future. Maybe Myers will become more stable as years go on, you never know.

 

 

It makes sense to me that there will only be 1 unless there is a huge drop in the cap.

 

Eriksson makes the most sense.  If there are two CBs available, then I agree that Sutter makes sense as the second one.  My reasoning would be the emergence of Gaudette and MacEwen as NHL regulars.  I'm not picking Sutter for any reason other than the cap space savings that buying him out would have.  When healthy, Sutter's still a good NHL player and is very versatile.  He's a good backup option if Beagle gets injured and looks like a respected veteran in the locker room.  Still, if it's between keeping Sutter or being able to re-sign Toffoli, then I think it makes sense to free up space to sign Toffoli and let the younger players start filling in roles previously taken by players like Sutter.

[Kevin Biestra]

Petterson and Hughes are pretty expensive.  I say cut bait and start fresh.

[Bure_Pavel]

LE and Beagle are the obvious choices

[Wilbur]

LE and Roussel for me.  I wouldn't want to gut defensive depth and get rid of Meyers.  Nor would I want to gut centre depth and get rid of Beagle.

[24K PureCool]

LE and one of Sutter/Beagle, whichever hurt us more cap wise.

 

Everyone else is useful to the team or have their contract up at the end of next year anyways.

[wallstreetamigo]

Really for me it depends on the cost to trade a bad contract. If LE or Baertschi need to have prime assets attached to move them, you start there.

 

I really think Sutter, Roussel, Beagle, and Myers could be traded with minimal to no net negative in the form of a good asset to move them. Maybe a bit of cap retention or a mid level asset at most.

 

Toffoli, Markstrom, and Tanev should all be re-signed provided the term and dollars are not Jim Benning level crazy lol

Edited March 26, 2020 by wallstreetamigo

[I.Am.Ironman]

LE obviously. If there were 2 given out (a big 'if' imo) I would use the second on Roussel. Beagle and Sutter are candidates but at the end of the day they are good at face offs and contribute to the PK and thus, I feel, they impact the team more signficantly than Roussel who constantly takes bad penalties (or reputation calls). Additionally, Sutter only has 1 more year left on his contract so I really don't think buying him out makes any sense as it only benefits us for next season.

[Tre Mac]

1 hour ago, apollo said:

Believe it or not Myers left money on the table and took a discount to play in his home town.

 

Makes me sick when people rag on him.

 

Tyler Myers is going to be a long time succesful Canuck.

 

That all being said, I don't see how we get compliance buyouts again... those came in because the system was broken and there was many contracts that had abused teams before they changed the rules so to speak.

 

No rules were changed here, our season had to be paused due to a once in a life time pandemic.

 

Playoffs in August... buckle up Canucks fans!

The league is set to lose 1billion if this season gets turfed, which it is for the sake of this discussion, that means the cap will go down.  If you want those 3 UFA's re-signed then Myers and Eriksson is the best bet for that to happen.  Furthermore welcome to sports, athletes get praised and criticized at will, we already protected the feelings of enough players in years past imo.

[Fanuck]

1 hour ago, apollo said:

 

That all being said, I don't see how we get compliance buyouts again...those came in because the system was broken and there was many contracts that had abused teams before they changed the rules so to speak.

 

I don't believe that's accurate - the compliance buyouts in 2013-14 were because there was a work stoppage the previous season resulting in a HUGE decrease in league-wide hockey revenue meaning many teams were unable to ice even a minimal size roster and come in under the existing salary cap restrictions.  Not unlike what will happen next season - this season will ultimately result in a HUGE hockey related-revenue decrease meaning the cap will either stay flat (unlikely scenario imo) or likely go down considerably meaning many teams will again, like in 2013-14, be hard-pressed to ice a minimal roster under the cap. 

[YEGCanuck]

Eriksson and Ferland for me. Done!

[canuktravella]

eriksson and sutter  buyout and trade roussel half cap retained frees 11.9 mill toffoli 5 for 4yrs marky 6.5  for 1 yr extension after seattle  expansion gaudette 3 for 4 yrs virtanen 4 mill per 5 yrs  tryamkin 3.5 per for 3 yrs  then let tanev walk should give us flexibility  to resign hughes peteyto massivedealsthe following yr 

[Crabcakes]

I'm picking Eriksson if there are 1 or 2 buyouts.

 

The 2nd is Ferland.  He was signed to be a top 6 winger.  Since he couldn't play, Benning traded for Toffoli who is much better (but costs more).  Ferland is now redundant even if healthy.

 

I would hesitate to buy out a player with only 1 year remaining on their contract.  Sutter, Pearson (somebody suggested, I don't see it), Baertschi, or Ben.  So I arrive back at Ferland who brings the next lowest value imo.

[VancouverHabitant]

Beagle and Sutter are veterans who have won Stanley Cups.  

Both of them are excellent penalty killers.  Beagle is great at faceoffs and has been a great influence on our young guys.  

For me it would be Louie and Roussel. Antoine isn't able to be effective in the new NHL where you get penalized for sneezing on someone the wrong way (actually that's a bad analogy currently). 

[Ballisticsports.]

Were buying out foundational players? (along with recent pickups)

 

I agree LE and Ferland (If Toffolli signs)

 

If LE retires then Rousell

How much is Luongo recapture and is it included?

[Amebushi]

Apparently I see it differently than most on here. Ok slightly different. LE is a clear buyout candidate and I don’t think that need an explanation. Past that I see the argument for Sutter and I’ll lump in Beagle and Myers here. They are overpaid for their on ice contribution. The big difference is that they are NHL players. LE is not. He is a 6 million dollar AHL player right now. 
So who would I consider for a second buyout. How about another overpaid AHL player?  Baertschi couldn’t crack our roster despite all the injuries and opportunities there were...and cleared waivers. He still costs cap due to his contract and doesn’t even play in Vancouver. 
Ferland is a contributing player on a reasonable contract if he is healthy and a LTIR if he isn’t. It gives better flexibility if he’s not under contract, but it’s not my money. I say cut the pure dead weight before looking for streamlining opportunities