cripplereh Posted June 17, 2023 Share Posted June 17, 2023 I do not get people saying it's a gamble. Guy plays bad and not going to be better making to much money. Buy him out save a spot and money. Yes we pay longer then we should but by that time would be paying a fourth liner. What's the gamble? 1 Link to comment Share on other sites More sharing options...
5nothincanucksohno Posted June 17, 2023 Share Posted June 17, 2023 8 minutes ago, Alflives said: So waste another year? What about our young key core players wanting us to do our best to build a winner? Just screw them and have them suffer with OEL in their room? When there is a cancer (and OEL because of his being done while collecting a huge contract was a cancer) it needs to be cut out so the team can move on. Thank God our owner actually wrote this cheque. Didn’t think he would but fanned happy he did. Another poster made a good point, if they wait to buy him out next year it is next year's 7+M cap hit plus 6 more years of a cap penalty (I.E. only one less year of an OEL cap hit/penalty). Plus they would lose next season's significant cap benefit which reduces OEL's cap penalty to under a million. If they are going to buy him out, this is the best year to do it. 2 Link to comment Share on other sites More sharing options...
Coconuts Posted June 17, 2023 Share Posted June 17, 2023 10 minutes ago, Elias Pettersson said: This kinda proves who’s really calling the shots… For how long though, I wonder Link to comment Share on other sites More sharing options...
dougieL Posted June 17, 2023 Share Posted June 17, 2023 3 minutes ago, Elias Pettersson said: That $4.7 million would have been unavailable either way as it would have been taken up by OEL, who by that time would have been on the 3rd pairing or even in the press box. At least now $2.5 million is freed up which can go to someone who can actually contribute on the 3rd pairing without talking up $7.2 million in cap space. This is what some people are not understanding. With no buyout, OEL is on the books for $7.26 million in 2025 and 2026 and most likely playing on the 3rd pairing with minimal contribution. At least now we can have a guy making $2.5 million and play some hard minutes in a shutdown role on the 3rd pairing and the cap hit is a wash… This is correct...the real bugaboo is Years 5-8... 1 Link to comment Share on other sites More sharing options...
24K PureCool Posted June 17, 2023 Share Posted June 17, 2023 (edited) 33 minutes ago, HKSR said: And I mentioned to you multiple times how it has been shown in the recent past that an anchor contract for a veteran defender on the 3rd pair is not the end of the world. Certainly not to the point where we had to buyout a contract that resulted in us sitting on dead cap for 8 years. One thing is for certain, there has not been a Stanley Cup winning roster that had dead cap on the cap hit. If history continues, the Canucks are now out of the running for a Cup win for at least 8 more years. You only give 1 example where the chance of that repeating require top pairing dmen on an elc which is highly irreplaceable by this team, especially given out luck. Chances of getting a better player than OEL on short terms is significantly higher than what the Avs did, especially with our rotten luck. I'll give you that recent champions didn't have dead cap but going back to 2017, the Pens won the cap with 1.1M in dead cap which adjusted for inflation is around the ball park of our potential $2M in dead cap. It is something that is clearly manageable. Heck the Pens did it twice. Edited June 17, 2023 by 24K PureCool Link to comment Share on other sites More sharing options...
Jaimito Posted June 17, 2023 Share Posted June 17, 2023 8 minutes ago, Elias Pettersson said: This kinda proves who’s really calling the shots… There's always two. The master and the apprentice. 1 Link to comment Share on other sites More sharing options...
Popular Post Salacious Crumb Posted June 17, 2023 Popular Post Share Posted June 17, 2023 My initial dislike of the buyout does have a silver lining. The absolute joy at sticking it to the Yote’s by tying up a buyout slot for 8 years at a negligible number slightly hampers their flexibility. They are Bettman’s baby. Screw that guy. 4 1 Link to comment Share on other sites More sharing options...
NewbieCanuckFan Posted June 17, 2023 Share Posted June 17, 2023 2 minutes ago, Alflives said: If we didn’t have a young core with Petey, Quinn, Demko, Hronek, and Miller then I’d say keep OEL and suffer thru him during a rebuild. But we have a great young core. It’s important to build the best supporting cast we can right now. Every year we waited to try and build the best club we can us a year our great core will struggle to win. Miller is 30 years old now. Hasn't shown any signs of slowing down but he isn't young anymore. Link to comment Share on other sites More sharing options...
Law of Goalies Posted June 17, 2023 Share Posted June 17, 2023 6 hours ago, Petey Castiglione said: I'll reserve judgement until we see the next moves. The question is, does this management team have what it takes to pull it off? Does this mean we're not moving Myers? I can't see us re-signing Bear now that he needs shoulder surgery, they'll probably let him walk. Welp, we're finally rebuilding the defense and that's exciting. We have time before at need to decide whether to re-sign Bear since he is RFA Link to comment Share on other sites More sharing options...
Canucks Curse Posted June 17, 2023 Share Posted June 17, 2023 GRRRREEEEAAAAT MOVVVVEEEEEEEEEE Link to comment Share on other sites More sharing options...
Alflives Posted June 17, 2023 Share Posted June 17, 2023 2 minutes ago, cripplereh said: I do not get people saying it's a gamble. Guy plays bad and not going to be better making to much money. Buy him out save a spot and money. Yes we pay longer then we should but by that time would be paying a fourth liner. What's the gamble? Exactly! This is a huge win for us. Just shocked our owner cut the cheque. 2 Link to comment Share on other sites More sharing options...
5nothincanucksohno Posted June 17, 2023 Share Posted June 17, 2023 4 minutes ago, Jaimito said: @13.35 mark Have to assume that was for other GMs, didn't work but now that they have freed up cap space, mgmt won't be held over a barrel during trade negotiations. 1 1 Link to comment Share on other sites More sharing options...
Alflives Posted June 17, 2023 Share Posted June 17, 2023 1 minute ago, NewbieCanuckFan said: Miller is 30 years old now. Hasn't shown any signs of slowing down but he isn't young anymore. The core, as a whole, is young. And yes Miller is a great player. Incredible we got him at 8x7 years. He clearly took a discount to stay here. One Bo wouldn’t. So it’s important we try our best to win while this core, with Miller, is in their prime. Thank God OEL is gone! Akf is drinking unhappiness! Link to comment Share on other sites More sharing options...
GSP* Posted June 17, 2023 Share Posted June 17, 2023 For too long this team has felt like a rudderless boat floating around on the seas of confusion and mediocrity. Link to comment Share on other sites More sharing options...
NewbieCanuckFan Posted June 17, 2023 Share Posted June 17, 2023 Just now, GSP* said: For too long this team has felt like a rudderless boat floating around on the seas of confusion and mediocrity. I was thinking of this ship under the Jim Benning regime: Link to comment Share on other sites More sharing options...
Alflives Posted June 17, 2023 Share Posted June 17, 2023 3 minutes ago, 5nothincanucksohno said: Have to assume that was for other GMs, didn't work but now that they have freed up cap space, mgmt won't be held over a barrel during trade negotiations. That’s an excellent point. Cap space is huge and there are other benefits than the on I’ve club ftom buying out OEL. Interesting to how Hanukkah Hansen today (on 650) talked about how the other players knew OEL was done and hitting the club. He said the “rot needed to be cut out” the guys on the room knew how bad OEL was playing and how little he cared. This has to be done so our club could move forward. The “rot” is now gone. Yeh! And screw you Benning you doughhead. 1 1 1 Link to comment Share on other sites More sharing options...
cripplereh Posted June 17, 2023 Share Posted June 17, 2023 So if Alf buys out the owner do we get screwed for years after? 1 Link to comment Share on other sites More sharing options...
Dr. Crossbar Posted June 17, 2023 Share Posted June 17, 2023 8 minutes ago, 5nothincanucksohno said: Have to assume that was for other GMs, didn't work but now that they have freed up cap space, mgmt won't be held over a barrel during trade negotiations. Excellent point. I've been saying they weren't going to allow themselves to be held over a barrel by this contract. 1 Link to comment Share on other sites More sharing options...
Popular Post Elias Pettersson Posted June 17, 2023 Popular Post Share Posted June 17, 2023 10 minutes ago, dougieL said: This is correct...the real bugaboo is Years 5-8... Exactly. OEL was gonna be on the books at $7.26 million for the next 4 years. So those hits in 2025 and 2026 don’t matter as a $2.5 million Dman can take his place on the 3rd pairing. The actual real dead cap is years 5-8, or 2027-2030. It’s $2.1 million for those 4 years, so even less than the Luongo dead cap hit, but % wise it’s a lot less because the cap will be well over $100 million by that time. The bottom line is we now have $12.1 million in cap space and can act like a real team this summer in terms of improving our team with free agents and also via trade. We are now able to trade a guy like Garland and move that $5 million to a position of need, like a 3C or a LHD. We can even weaponize the cap space to a certain extent by being able to take on a bad contract and get a pick or prospect in return. NY Rangers come to mind now. There is a possibility we can go after Lafreniere and take on Goodrow’s contract for example. That’s just one example. There are many possibilities now that were not available to us yesterday but are available now… 4 1 Link to comment Share on other sites More sharing options...
rekker Posted June 17, 2023 Share Posted June 17, 2023 The years of a basically flat cap have been killer. Maybe the NHL could of implemented a one buyout per team type deal to help loosen things up this off season. Link to comment Share on other sites More sharing options...
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