2013-2014 NHL Thread

[bustaheims]

Aren't they supposedly over the cap?

Pronger going on LTIR, getting the roster down to 22/23 guys and the bonus cushion get them well below the cap, actually.

 

[princedpw]

I would assume we would have to either eat salary, or get some salary back.  If it is to take some salary back, is there anything tradeable that you would want from Carolina?

Not really, they would likely ask Nonis to eat some of Liles' hit in return anyway. They appear to need all their players.

What about a trade around Liles for Pitkanen?  (Im assuming the team pays for Pitkanen, not insurance mostly? Is that right?). Pitkanen is out for the year so the Leafs just pay the salary?

 

[Omallley]

I would assume we would have to either eat salary, or get some salary back.  If it is to take some salary back, is there anything tradeable that you would want from Carolina?

I don't know if the Leafs would need to take any salary back (or if they even would). Insurance will cover Pitkanen's salary and LTIR will take care of the cap hit, so, if the Leafs don't want much back in terms of assets, they might be able to get away with not retaining anything. This, of course, all hinges on Franson actually signing or on one of the other defencemen at camp impressing enough that the Leafs won't need Liles to fill a top 4 role.

Freeing up Liles' cap hit would give the Leafs enough wiggle room to get him signed, I would think.

 

[bustaheims]

Freeing up Liles' cap hit would give the Leafs enough wiggle room to get him signed, I would think.

It would, but, my guess is the issue runs much deeper than just cap space. It seems like they're pretty far apart in negotiations.

 

[bustaheims]

AnsarKhanMLive: Holland said Cleary signed to 1 year deal for $1.75 million.

Real_ESPNLeBrun: Bottom line here with Dan Cleary is that he had second thoughts after agreeing to PTO with Flyers. Met with Holland/Babcock yesterday...

Real_ESPNLeBrun: He wanted to see one last time if Wings could do anything. As @aaronward_nhl reported, Wings able to come up with 1 yr/$1.75 M

Real_ESPNLeBrun: Cleary thanked Flyers for PTO but said he had change of heart, wants to stay in Detroit. Taking less than market value for sure.

Real_ESPNLeBrun: A good season by Cleary and he'll be able to get a better deal next summer with salary cap going up

Real_ESPNLeBrun: As Cleary says via text message, he's following his heart

 

[BlueWhiteBlood]

What about a trade around Liles for Pitkanen?  (Im assuming the team pays for Pitkanen, not insurance mostly? Is that right?). Pitkanen is out for the year so the Leafs just pay the salary?

Well, insurance pays the actual salary, but I'm not read enough to know whether or not you can trade an injured player. I did think about that though. They could also give us a 3rd or 4th rounder for all I care.

As Busta mentioned, Pitkanen's cap comes off the top in LTIR, so Carolina would actually be in better position taking Liles' hit instead anyway.

 

[louisstamos]

What about a trade around Liles for Pitkanen?  (Im assuming the team pays for Pitkanen, not insurance mostly? Is that right?). Pitkanen is out for the year so the Leafs just pay the salary?

Well, insurance pays the actual salary, but I'm not read enough to know whether or not you can trade an injured player. I did think about that though. They could also give us a 3rd or 4th rounder for all I care.

As Busta mentioned, Pitkanen's cap comes off the top in LTIR, so Carolina would actually be in better position taking Liles' hit instead anyway.

I think you can trade an injured player - I remember Olaf Koalzig's season was already over when he was traded to the Leafs some years ago.  I think it's waivers that you can't put an injured player on.

 

[bustaheims]

I think you can trade an injured player - I remember Olaf Koalzig's season was already over when he was traded to the Leafs some years ago.  I think it's waivers that you can't put an injured player on.

You can trade injured players if the team receiving the player is made aware of the injury and how severe it is. If there's any questions as to how transparent the other team has been, the trade can be reversed. You can't waive, demote or buy out an injured player without their consent.

 

[seahawk]

AnsarKhanMLive: Holland said Cleary signed to 1 year deal for $1.75 million.

Real_ESPNLeBrun: Bottom line here with Dan Cleary is that he had second thoughts after agreeing to PTO with Flyers. Met with Holland/Babcock yesterday...

Real_ESPNLeBrun: He wanted to see one last time if Wings could do anything. As @aaronward_nhl reported, Wings able to come up with 1 yr/$1.75 M

Real_ESPNLeBrun: Cleary thanked Flyers for PTO but said he had change of heart, wants to stay in Detroit. Taking less than market value for sure.

Real_ESPNLeBrun: A good season by Cleary and he'll be able to get a better deal next summer with salary cap going up

Real_ESPNLeBrun: As Cleary says via text message, he's following his heart

About time something got worked out. Cleary has been a good fit with the Wings. Little surprised more UFA's didn't do something similar in terms of the 1 year deal.

 

[Jalili]

The Flyers dodged a pretty big bullet there.

 

[bustaheims]

NHLCanes: NEWS: #Canes agree to terms with defenseman Ron Hainsey on one-year contract. Details: http://t.co/bF9o3o3XlH

 

[BlueWhiteBlood]

NHLCanes: NEWS: #Canes agree to terms with defenseman Ron Hainsey on one-year contract. Details: http://t.co/bF9o3o3XlH

No love for Liles... pity! Hainsey was definitely better priced.

 

[Kin]

The Blues have apparently chosen the long term route with Alex Pieterangelo, signing him to a 7 year/45 million dollar deal.

 

[Frank E]

The Blues have apparently chosen the long term route with Alex Pieterangelo, signing him to a 7 year/45 million dollar deal.

And Ottawa down the middle with Cowan at $3.1 x 4years.

 

[Kin]

The Blues have apparently chosen the long term route with Alex Pieterangelo, signing him to a 7 year/45 million dollar deal.

And Ottawa down the middle with Cowan at $3.1 x 4years.

Yeah, I just think that when teams have the room to maneuver they're going to choose to go longer than two years with these deals. Getting young players to perform above their cap figure is one of the things GMs can, and I'm betting will, choose to exploit.

 

[bustaheims]

The Blues have apparently chosen the long term route with Alex Pieterangelo, signing him to a 7 year/45 million dollar deal.

The Blues caved here, as all summer, the reports had them wanting a bridge deal. Understandable, though, as Pieteranglo is their best player.

 

[bustaheims]

Getting young players to perform above their cap figure is one of the things GMs can, and I'm betting will, choose to exploit.

I think that's why we're actually seeing more bridge deals. Guys like Kadri are much more likely to perform above their cap figure than guys like Pieterangelo or Landeskog, who are signed to deals that give them cap hits that are very much in line with some of the best in the league at their respective positions.

 

[Kin]

The Blues caved here, as all summer, the reports had them wanting a bridge deal. Understandable, though, as Pieteranglo is their best player.

If I were negotiating one of these deals on behalf of a team I'd start at the lowest amount and fewest years possible too and St. Louis did, for what it's worth, end up doing better on the cap figure than LA did with Doughty despite them being pretty comparable players.

If a guy is already a top player, as someone like Pieterangelo is, getting a two year deal doesn't seem like a route anyone, player or team, really wants to go down.

 

[Kin]

I think that's why we're actually seeing more bridge deals. Guys like Kadri are much more likely to perform above their cap figure than guys like Pieterangelo or Landeskog, who are signed to deals that give them cap hits that are very much in line with some of the best in the league at their respective positions.

That will probably hold for guys coming off bad years or a guy like Kadri who's breakout season got cut short by the lockout but I seriously doubt you'll ever see a young player who's consistently performing at a high level sign a bridge deal. 6.5 million dollars for Pieterangelo doesn't really seem like that much now, it's significantly off what guys like Weber and Suter got on the market, and it's probably going to look terrific in 5 or 6 years. With Kadri you maybe get two years at a good price but I think most teams would prefer having top level guys locked up at a little longer.

 

[bustaheims]

6.5 million dollars for Pieterangelo doesn't really seem like that much now, it's significantly off what guys like Weber and Suter got on the market, and it's probably going to look terrific in 5 or 6 years.

$6.5M is currently tied for the 8th highest cap hit among defencemen. It's in the same range that guys like Karlsson and Doughty will carry for all but the final year of the contract. It's not too much for Pieterangelo, but, based on other young defencemen who signed similar extensions, it's not a discount either. It's fair value, not a situation where you can really say he's going to out perform his cap hit for the next few seasons. It might look better near the end of the deal, depending on how the market eventually settles out with the newest CBA but, even then, it'll still likely be in the top 15-20 at his position, and, if that's how things play out, I'd be hard-pressed to look at him as someone who's really out-playing his cap hit.