cw said:
Champ Kind said:
Nik the Trik said:
I have to say, I'm pretty skeptical that this will yield much for the Leafs. Both because I doubt teams are going to be willing to include significant assets in a deal like this and also because I doubt that when the Leafs say that they're willing to buy out another team's bad contract they mean a collossal 30-40 million dollar bad contract but more like a 2 year/10 million dollar mistake.
Well, history would seem to differ, wouldn't it? Aside from the Franson example, it would be fair to consider Anaheim trading a broken and washed up Lupul as a similar situation. Gardiner was included to make the deal palatable from the Leafs perspective. After all, they were taking on Lupul for 2 years @ $4.25. Pretty good prospect, I'd say.
I also think it's difficult to say whether would or would not take on a $30 - $40M buy-out. If the organization is serous about utilizing the few remaining advantages it has, then it probably should consider it.
I think they'd be fairly moderate in what they'd blow to bury another GM's mistake - like the Lombardi/Lupul scale.
Franson nor Gardiner were regarded at the time to be likely to turn out as well as they have. There was a chance they would but they were no sure thing. So credit to the Leafs but they might have been a little lucky on how those deals turned out (offsetting some of their bad luck some).
If a team wants the Leafs to eat $30-40 mil, I think the Leafs should get a franchise player in return - or something like that. That's a lot of dough - even for the Rogers/Bell folks. And that's part of the reason why I think it's so unlikely.
I am kind of with Champ Kind in my hopes. If the richest franchise in the league is NOT going to use its significant advantage to long term benefits as was indicated by Leafs ownership when Burke was fired then it will be disappointing. When will the next time be that the NHL will allow players to be traded and bought out by another team without penalty? ...And that wasn't amnesty for just one player buy out but 2?? I can't see it happening EVER again.
I look at the Luongo situation as a unique situation for the Leafs as they could possibly get a decent asset or 2 from Vancouver for helping them. A great #2 dman to play with Phaneuf is Bieska and he could play for another 4-5 years. I would see if a trade like Liles for Bieska and Luongo would work.
Taking the scenario to the extreme...everyone knows that although Luongo would play for Toronto he REALLY wants to go back to Florida who don't have the assets or money to pull it off. I would see if it is tampering to ask Florida if Toronto buys out Luongo so that Florida could get a great goalie on an affordable contract would Florida be willing to trade Gudbranson for the Leafs 1st pick this year and Gunnarsson. (Yeah, I know its nuts. ...but I still like to go on crazy side once in a while). In actuality a top 4 of Phaneuf, Gunnarsson, Bieska and Gardiner isn't that bad.
The Leafs could bury Komisarek for 1 final year and STILL sign Clarkson, trade for Stewart, Bieska and Gudbranson (or re-sign Gunnarsson) with almost $3 MIL in cap space. The players I re-signed I am pretty sure are within $0.5 MIL + or -.
One step further would be helping NYI's ownership by taking Dipietro's horrible contract in a trade like Dipietro and NYIs 2014 1st for Komisarek. That would allow an additional $2 MIL forward to be signed leaving $4 MIL in cap space.
FORWARDS
Joffrey Lupul ($5.250m) / Nazem Kadri ($3.500m) / Phil Kessel ($5.400m)
James Van Riemsdyk ($4.250m) / Mikhail Grabovski ($5.500m) / Chris Stewart ($3.750m)
Matt Frattin ($0.925m) / Joe Colborne ($0.900m) / David Clarkson ($3.750m)
TOP UFA ($2.000m) / Jay McClement ($1.500m) / Colton Orr ($0.925m)
Frazer McLaren ($0.696m) / Ryan Hamilton ($0.600m) /
DEFENSEMEN
Dion Phaneuf ($6.500m) / Kevin Bieksa ($4.600m)
Jake Gardiner ($1.117m) / Erik Gudbranson ($3.200m)
Mark Fraser ($0.800m) / Cody Franson ($2.750m)
Mike Kostka ($0.600m) /
GOALTENDERS
James Reimer ($1.800m)
Ben Scrivens ($0.613m)
OTHER
Buyout: Darcy Tucker ($1.000m)
Buyout: Colby Armstrong ($1.000m)
------
CAPGEEK.COM TOTALS (follow @capgeek on Twitter)
(these totals are compiled with the bonus cushion)
SALARY CAP: $64,300,000; CAP PAYROLL: $63,924,917; BONUSES: $2,600,000
CAP SPACE (23-man roster): $3,975,083