qwijibo Posted September 23, 2020 Share Posted September 23, 2020 9 minutes ago, 24K PureCool said: It look like $5mill but after tax which is like 50%, agent fees, and the high escrow the next 2 years, it is more like $800,000. Still a lot but to him is it really worth it? Actually. Using 10% agent fee (which is a bit high) and 20% escrow he brings home about $2m after income tax. He’s the fun part. If people get their wish and he’s sent to Utica his salary won’t be subject to escrow. So he’d end up with closer to $2.5m take home. Link to comment Share on other sites More sharing options...
PhillipBlunt Posted September 23, 2020 Share Posted September 23, 2020 (edited) 3 minutes ago, qwijibo said: Actually. Using 10% agent fee (which is a bit high) and 20% escrow he brings home about $2m after income tax. He’s the fun part. If people get their wish and he’s sent to Utica his salary won’t be subject to escrow. So he’d end up with closer to $2.5m take home. Loui has never been the fun part. Edited September 23, 2020 by PhillipBlunt Link to comment Share on other sites More sharing options...
lumberman Posted September 23, 2020 Share Posted September 23, 2020 2 hours ago, EP40. said: Rick Dhaliwal on TSN1040: “Here’s an update on Loui Eriksson - no trade. What a shock. JP Barry is not a miracle worker, he’s not Houdini. Jim Benning has been trying to move him for 2+ years. The Canucks won’t pick up any part of the cap hit or add a sweetener.” ...this is why we may lose Tanev or/and Marky both to Free Agency. This is supposed to be competent GMing? Look I’m proud of where JB got this team to but if the league has transitioned to winning with young players on ELC’s, then having kept Eriksson this long and still not finding a suitor only means our window to win is dented and closed that much more. Playoff experience was great and all for the young guns to rally around and improve on. But how can the team get better if you don’t have available funds to be able to strengthen around them when in fact you’ll be doing the opposite actually by having quality roster casualties as a consequence? Eriksson’s cap is preventing a lot this team can do and it’s ability to improve. He wasn’t even played during the playoffs until necessary to fill-in for others so let’s not talk about him being a good role player for the bottom6...he’s not paid to and call a spade a spade, is a buyout worthy player holding this team back. So illogical that this is the stance management is taking This was discussed on HNIC? or the radio, but essentially, Lou's bonus has been payed and the actual dollars ro be payed is around 2,5 million x 2yrs. The Cap $ is 6 mil x 2 which may interest a team trying to get to the floor. Link to comment Share on other sites More sharing options...
qwijibo Posted September 23, 2020 Share Posted September 23, 2020 1 minute ago, lumberman said: This was discussed on HNIC? or the radio, but essentially, Lou's bonus has been payed and the actual dollars ro be payed is around 2,5 million x 2yrs. The Cap $ is 6 mil x 2 which may interest a team trying to get to the floor. I don’t think there will any teams that will have an issue hitting the cap floor though. Link to comment Share on other sites More sharing options...
Squamfan Posted September 23, 2020 Share Posted September 23, 2020 56 minutes ago, drummerboy said: Did you enjoy watching the Canucks make it to game 7 of the 2nd round this year? Without JB and his “incompetence” we wouldn’t be close to where we are. we have an awesome young team because of him. The cap situation will be fine by the time Petey and Quinn need extensions. There is no reason to sell the farm to get rid of LE right now. There is some incompetence going on, but it’s not JB..... it because of petey and huggy and markstorm Link to comment Share on other sites More sharing options...
Devron Posted September 23, 2020 Share Posted September 23, 2020 4 minutes ago, Squamfan said: it because of petey and huggy and markstorm Weird. I thought JB And co drafted Petey and Huggy 1 Link to comment Share on other sites More sharing options...
PhillipBlunt Posted September 23, 2020 Share Posted September 23, 2020 5 minutes ago, Squamfan said: it because of petey and huggy and markstorm Link to comment Share on other sites More sharing options...
Squamfan Posted September 23, 2020 Share Posted September 23, 2020 2 minutes ago, Devron44 said: Weird. I thought JB And co drafted Petey and Huggy benning wanted glass, the scouts wanted petey. Huggyy feel to us. Markstorm Thanks Gillis 4 Link to comment Share on other sites More sharing options...
Twilight Sparkle Posted September 23, 2020 Share Posted September 23, 2020 2 hours ago, oldnews said: I don't necessarily disagree with that approach - if in fact anything Dhaliwal says is credible any more. seems like all he does is try to start drama istg 1 Link to comment Share on other sites More sharing options...
Popular Post JM_ Posted September 23, 2020 Popular Post Share Posted September 23, 2020 Jim won't add a sweetener Good. Its time for the adults in the room to have a real conversation. Loui now knows its Utica or bet on himself with mutual termination. The fact is Loui's deal doesn't kill the future, but burning a 1st might though. I'm glad Jim is going full hard ass on this. 1 1 4 Link to comment Share on other sites More sharing options...
Popular Post Devron Posted September 23, 2020 Popular Post Share Posted September 23, 2020 (edited) 11 minutes ago, Squamfan said: benning wanted glass, the scouts wanted petey. Huggyy feel to us. Markstorm Thanks Gillis Ah everything fell perfectly in place in spite of Benning. Got it Edited September 23, 2020 by Devron44 1 4 1 Link to comment Share on other sites More sharing options...
JM_ Posted September 23, 2020 Share Posted September 23, 2020 24 minutes ago, qwijibo said: I don’t think there will any teams that will have an issue hitting the cap floor though. thats not the issue, its whether or not Ottawa chooses to be a cap floor team that saves real dollars. If thats the route Melnyk wants he can save up to 5 mil with Loui. I'm really glad Jim isn't panicking and is telling teams to go pound sand if they want significant assets. This isn't Toronto, he's not Dubas. 1 Link to comment Share on other sites More sharing options...
VegasCanuck Posted September 23, 2020 Share Posted September 23, 2020 1 hour ago, qwijibo said: A favour that costs him $5m? Does that seem like a reasonable thing to ask? Yes, compared to what he has been paid, and inconvenience to his family. He only makes 1 million this season. Link to comment Share on other sites More sharing options...
Popular Post aGENT Posted September 23, 2020 Popular Post Share Posted September 23, 2020 11 minutes ago, Devron44 said: Ah everything fell perfectly in place in spite of Benning. Got it I'd have them blocked if they didn't make me laugh so often It's like the CDC posting equivalent of Dumb and Dumber! Anyhoo... Sounds like the only sweetener Jim's willing to add is a bus ticket to Utica. I'm ok with that angle 6 1 2 Link to comment Share on other sites More sharing options...
JM_ Posted September 23, 2020 Share Posted September 23, 2020 39 minutes ago, qwijibo said: Actually. Using 10% agent fee (which is a bit high) and 20% escrow he brings home about $2m after income tax. He’s the fun part. If people get their wish and he’s sent to Utica his salary won’t be subject to escrow. So he’d end up with closer to $2.5m take home. thats not really accurate. He'll only make 1 mil next season, and then likely be bough out in his final year. The consequence of that is he'll never play in the NHL again since it will be 18 months or so between now and then, and no one's going to be looking for a 37 year old that hasn't played in nearly 2 years. Its very clear now, if Loui wants to extend his career in the NHL he needs to terminate his Canucks contract. He'll go on unconditional waivers, so if some team wants him for cap floor purposes he's there for free as well. Link to comment Share on other sites More sharing options...
qwijibo Posted September 23, 2020 Share Posted September 23, 2020 1 minute ago, VegasCanuck said: Yes, compared to what he has been paid, and inconvenience to his family. He only makes 1 million this season. And 4 million next season. Regardless. It’s an reasonable ask. Link to comment Share on other sites More sharing options...
qwijibo Posted September 23, 2020 Share Posted September 23, 2020 1 minute ago, Robert Long said: thats not really accurate. He'll only make 1 mil next season, and then likely be bough out in his final year. The consequence of that is he'll never play in the NHL again since it will be 18 months or so between now and then, and no one's going to be looking for a 37 year old that hasn't played in nearly 2 years. Its very clear now, if Loui wants to extend his career in the NHL he needs to terminate his Canucks contract. He'll go on unconditional waivers, so if some team wants him for cap floor purposes he's there for free as well. I didn’t even include the bonus he was paid already for the upcoming season. If he’s sent down none of that $3m bonus is subject to the 20% escrow. Since his agent has been given permission to try to find a trade I’m sure he has a very good idea of whether or not there’s potential a new NHL deal out there for him. If there isn’t he’d be insane to walk away from his current contract. Link to comment Share on other sites More sharing options...
JM_ Posted September 23, 2020 Share Posted September 23, 2020 2 minutes ago, aGENT said: I'd have them blocked if they didn't make me laugh so often It's like the CDC posting equivalent of Dumb and Dumber! Anyhoo... Sounds like the only sweetener Jim's willing to add is a bus ticket to Utica. I'm ok with that angle Yup, its hard ass old school time. A lot of people have been calling for this approach for a while now, good to see it happen. I guess Barry isn't the super agent he made out to be. 2 Link to comment Share on other sites More sharing options...
JM_ Posted September 23, 2020 Share Posted September 23, 2020 Just now, qwijibo said: I didn’t even include the bonus he was paid already for the upcoming season. If he’s sent down none of that $3m bonus is subject to the 20% escrow. Since his agent has been given permission to try to find a trade I’m sure he has a very good idea of whether or not there’s potential a new NHL deal out there for him. If there isn’t he’d be insane to walk away from his current contract. I hear Utica has some nice nut houses. Link to comment Share on other sites More sharing options...
Junkyard Dog Posted September 23, 2020 Share Posted September 23, 2020 2 minutes ago, Robert Long said: I hear Utica has some nice nut houses. Give him the C while you're at it. I am sure he'd love that. 2 Link to comment Share on other sites More sharing options...
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