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(Rumor) No Canuck Buyouts


Squamfan

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9 minutes ago, Provost said:

 

Doesn’t really save us much compared with burying him, and it pushes dead cap into the season that we have to sign Petterson and Hughes to extensions.

 

It is really even odds whether it helps us at all.  It actually costs us more against the cap overall to buy him out, but we just get to spread some of it to the next year.  We need the space even more in the 2021-22 season, so eating up more cap in the next two seasons is a net negative.

I'm definitely ok with no buyouts!

 

Further to your point, probably why we'll likely not see Toffoli, Tanev, Markstrom, or Stecher return either (OEL trade possibility not withstanding... really hoping not) UNLESS it's to short term or low cap deals. 

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Buying out Sven wouldn’t appear to be a bad thing. Saves us 1.6 in cap this year, and with our looming FA’s that could be the difference in keeping or losing Stecher or even Tanev or Toffoli. Only costs 800k against the cap next year. I’m definitely a little curious about this decision... Plus buying him out allows him to try another city and not get buried in our AHL again. 

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4 minutes ago, CanuckFan1123 said:

Buying out Sven wouldn’t appear to be a bad thing. Saves us 1.6 in cap this year, and with our looming FA’s that could be the difference in keeping or losing Stecher or even Tanev or Toffoli. Only costs 800k against the cap next year. I’m definitely a little curious about this decision... Plus buying him out allows him to try another city and not get buried in our AHL again. 

It saves us about $600k on the cap this year compared with burying him, and it costs us $800k next year of dead cap.  It is a net negative, do we need to save a little more money this season at the expense of the next one?  Our cap crunch is bad now, it is terrible the next season.

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8 minutes ago, CanuckFan1123 said:

Buying out Sven wouldn’t appear to be a bad thing. Saves us 1.6 in cap this year, and with our looming FA’s that could be the difference in keeping or losing Stecher or even Tanev or Toffoli. Only costs 800k against the cap next year. I’m definitely a little curious about this decision... Plus buying him out allows him to try another city and not get buried in our AHL again. 

We get 1.075m in salary relief by burying the contract, so the buyout only saves 525K this year (compared to burying) at a cost of 800k against the cap next year. Overall, his cumulative cap hit is 275k higher if we buy him out.

 

Edit: @Provost got to it first ^^

Edited by MattJVD
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4 minutes ago, billabong said:

Isn’t there a 2nd buyout window? 
 

In the event there’s no AHL, if the Canucks loan Baer to Europe his contract comes off the books right? 

I believe that a loan means we just get to bury the $1.075 of his cap and not the whole thing.  It would be too easy an out for teams otherwise.

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26 minutes ago, CanuckGAME said:

Wonder why we wouldn't buy sven out.  Wish Sven would get a chance to play somewhere else,  he's one of the good guys in the game.

Hardly saves any cash over waiving and incurs penalty for next year.

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3 minutes ago, billabong said:

Isn’t there a 2nd buyout window? 
 

In the event there’s no AHL, if the Canucks loan Baer to Europe his contract comes off the books right? 

Only for teams who have players filing for arbitration.  Only players who were on the roster at the TDL and earn more than 4M can be bought out during that 2nd window.   Baertschi would not qualify for that 2nd window.

 

If he is loaned to Europe (which he is unlikely to be interested in as he lives full time in North America), his buried cap hit would be the same as in the AHL.  

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8 minutes ago, Provost said:

It saves us about $600k on the cap this year compared with burying him, and it costs us $800k next year of dead cap.  It is a net negative, do we need to save a little more money this season at the expense of the next one? Our cap crunch is bad now, it is terrible the next season.

Agree with you, but disagree with the bold.

Edited by theo5789
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