Yahoo!! Hockey is back on

[R K]

Kruger will be replacing him..lol



That line never gets old..

Yikes. After watching Kruger on the Hogs most of the year, that's scary.

 

[Ton]

2015 $2,250,000

2016 $3,675,000

2017 $4,275,000

2018 $4,275,000

2019 $4,275,000

2020 $4,275,000



Those are the correct numbers. The structure of the contract was pretty well crafted. The cap number doesn't get higher than $4.275M in any year... let alone $11M. You can tell the math is wrong because in the final year of Hossa's deal, the total cap hit and total salary paid should match. He got the number right for 2016 though. What he did wrong was he added an extra year of $7.9M and took away a year of $1M... which gave him two separate numbers for total cap hit and total salary paid in the last year. Doesn't matter, either way $4.275M is a lot to swallow for 1-4 years.

 

[Ton]

If Hosthe Hawks were to "buy out" Hossa at the end of the 2016 season...the cap hit would be -

• 2016-17: $1,808,333
  
• 2017-18: $4,808,333
  
• 2018-19: $4,808,333
  
• 2019-20: $4,808,333
  
• 2020-21: $4,808,333
  
• 2021-22: $533,333
  
• 2022-23: $533,333
  
• 2023-24: $533,333
  
• 2024-25: $533,333
  
• 2025-26: $533,333
  

I believe if a player retires, previously...his numbers do not count against a cap hit - unless the player signed the contract after their 35th birthday.

Nope, it's part of the new CBA via James Mirtle:





In response to the league's call for such an alteration, the NHLPA devised something called a "cap benefit recapture formula," which would punish teams with players who retired early on long-term deals by putting the money they saved over the term of the deal on their cap after they've retired.



This notion has been around for a while, but the change that came last week was that the PA offered to apply this formula to any new contracts that are seven years or longer OR existing deals with seven years or more remaining.

 

[R K]

There you go. So if there is a chance he'll retire, you have to buy him out.

 

[winos5]

So if Hossa retires for medical issues Hawks are still on the hook for a cap hit? How does that make sense? The only reason I see him retire is because of health issues.

 

[PatrickShart]

I see...



So then the options are -

Keep him the duration...and eat the years/take the hit when he retires

Try to trade him in the next year or 3/4....while he'll still be of value

Buy him out next summer



That change sucks...thanks a lot Bin Laden.

 

[R K]

I doubt injury would play a role but he's been cleared to play. What if he walked into camp, didn't like how he was skating, and decided on his behalf to retire?



IMO they can't risk that at 3.6 mil hit for 5-6 more years. Which is why I'd look how he plays in the 48 plus games this year assuming they make the playoffs and make the decision next year. I'd also try to deal the contract before buying it out.

 

[winos5]

When did Hossa suddenly become an over the hill has been subject to buyout and retirement rumors?

 

[Ton]

I see...



So then the options are -

Keep him the duration...and eat the years/take the hit when he retires

Try to trade him in the next year or 3/4....while he'll still be of value

Buy him out next summer



That change sucks...thanks a lot Bin Laden.

Well, if they trade him and he retires before his contract is over, the Hawks will still have to pay the retirement penalty. As far as I'm concerned, the only way to shed the contract is to buy him out. Best case scenario, they buy him out and re-sign him.

 

[R K]

huh? Because they are taking a contract back? What if it was a 2nd line Center? Wow.



buy him out and resign him. You have been watching Tab too much.

 

[R K]

When did Hossa suddenly become an over the hill has been subject to buyout and retirement rumors?

I think due to his injury history and the fact he can retire at anytime and the Hawks would be scewed for 5-6 more years with that contract.



I am not advocating it but if they could get a 2nd line Center for him next year, I might contemplate it. There is a thread on the 300 level discussing it. Some pretty good arguments.

 

[Ton]

huh? Because they are taking a contract back? What if it was a 2nd line Center? Wow.



buy him out and resign him. You have been watching Tab too much.

You're missing the point. For example, the Hawks trade Hossa to another team, and Hossa retires in 2016, the Blackhawks will have to pay the retirement penalty. It doesn't matter if it's a 2nd line center, 4th line winger, or a draft pick. The only way out of it is if they buy him out as far as I'm concerned.

 

[PatrickShart]

I would highly consider the buyout option more now, if they'll be on the hook for him, even if he retires after being traded to another team scenario.



Being 33... the original idea was to get him to 37 (16/17)...then he'd retire.



I don't see him playing more than 4-5 more years.



Very tough decision.

 

[R K]

You're missing the point. For example, the Hawks trade Hossa to another team, and Hossa retires in 2016, the Blackhawks will have to pay the retirement penalty. It doesn't matter if it's a 2nd line center, 4th line winger, or a draft pick. The only way out of it is if they buy him out as far as I'm concerned.

No they won't. He would be on the other team. They would be scott free if they traded him. Not sure where you make that up. He wouldn't retire as a Hawk.



As of right now no one knows the specific wording in the CBA, just whats been speculated.

 

[R K]

I would highly consider the buyout option more now, if they'll be on the hook for him, even if he retires after being traded to another team scenario.



Being 33... the original idea was to get him to 37 (16/17)...then he'd retire.



I don't see him playing more than 4-5 more years.



Very tough decision.

That's exactly why it's been brought up.

 

[Chief Walking Stick]

Until Q actually allows his players to retaliate it doesn't matter. And other teams will continue to run them.

Interesting... I didn't know that was a Q mandate. Good info.

 

[Ton]

No they won't. He would be on the other team. They would be scott free if they traded him. Not sure where you make that up. He wouldn't retire as a Hawk.



As of right now no one knows the specific wording in the CBA, just whats been speculated.

Yeah I just make this stuff up.



There is still information coming out as we speak, we'll see, but my bet is that it's part of the deal. There is no "scott free" at the moment, just as there is no guarantee that we would be on the hook for 100% of the penalty either or if it would be shared among teams. The fact is, it's a real possibility that the only option would be to buy him out if they really think he won't play out his contract.



That said, if he retired due to injury, I'm pretty sure that is a different story.

 

[R K]

What ever. I'll just leave you to your site. Have fun.

 

[dlrob315]

I would highly consider the buyout option more now, if they'll be on the hook for him, even if he retires after being traded to another team scenario.



Being 33... the original idea was to get him to 37 (16/17)...then he'd retire.



I don't see him playing more than 4-5 more years.



Very tough decision.

Although Keith does not have an injury history and not as long in the tooth as Hossa; do you consider buying out Keith also the following summer (2014) just to get off the hook of taking a 5.5m cap hit until 2023?

 

[PatrickShart]

I think I'd be OK with Keith....