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Forums :: Blog World :: Mike Augello: Orr To Get Extension
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Dirte
Toronto Maple Leafs
Location: Toronto, ON
Joined: 09.03.2009

Jun 14 @ 7:43 AM ET
Your all wrong... go to cap geek.... its (the amount paid-cap hit)/years left on contract.......
His Salary over the next 7 years in millions of dollars is 10,10,10,8.5,4,1.5,1

There are no savings when he retires because there is no salary and no cap hit
so if he plays: 3 years (30-(3*7.727)/4(years left) = 1.7 per year
4 years = (38.5-(4*7.7)/3= 2.53 for 3 years
5 years = (42.5-38.635) =1.9325 for 2 years


I long for the day that people quit stating "Facts" before they do the research and argue vehemently about stuff they haven't read up on

- jribout


EXACTLY. Other than me using rounded numbers, and $38.5M instead of $38.625, $2M for 2 years. Precisely what I said.

So, let's say the Leafs trade for Vinny, and he plays 5 years, then retires at 38. To make it quick, I'll just tell you the numbers. $42.5M in salary paid, $38.5 cap hit, for a difference of $4M. That $4M would be the cap advantage recapture amount for the Leafs.

So, if he retires at that time, he has 2 years left on his contract. The $4M cap hit that the Leafs saved, gets applied over the 2 years, and it's $2M over 2 years. The Lightning get that $9.2M over 2 years, and their hit is $4.6M for 2 years.

- Dirte


If he goes on to play a 6th year, the cap hit on retirement decreases, due to the sixth year having a salary lower than cap hit. Similarly, if he's traded next summer, one more year of big cap advantage gone, a team he's traded to will have a lower hit on retirement.

I'd be willing to bet they just keep him though.
Dirte
Toronto Maple Leafs
Location: Toronto, ON
Joined: 09.03.2009

Jun 14 @ 7:46 AM ET
Really???

Bob McKenzie ‏@TSNBobMcKenzie 12 Jun
Streit, BTW, is a 35+ contract, meaning cap hit counts even if he retires/quits. Likely be looking for long-term deal in $5M/yr range.
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- burn



yeah, my mistake, I thought that was taken out given that cap recapture would take care of the cap advantages from a front load.

That actually presents an interesting scenario. If they're at full cap hit on a front loaded contract signed after 35, if they retire early, there actually is the possibility of a conract having higher cap hit than salary over the life of the contract.

Regardless, it has nothing to do with Vinny's contract. It doesn't apply.
jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 7:47 AM ET
That was waaaayyyy out from the left field.
- Pecafan Fan

We know what must be growing in that field as well
T.Fleury
Calgary Flames
Location: Oxbow, SK
Joined: 11.26.2010

Jun 14 @ 8:02 AM ET
We know what must be growing in that field as well
- JIMI-JAMES

Beefsteak tomatoes?
Colin Dambrauskas
Location: Office Chair - @ColinDJD
Joined: 08.04.2010

Jun 14 @ 8:02 AM ET
Mornin'
robin_steele264
Edmonton Oilers
Joined: 03.15.2009

Jun 14 @ 8:03 AM ET
Beefsteak tomatoes?
- T.Fleury





210,000L yesterday!


T.Fleury
Calgary Flames
Location: Oxbow, SK
Joined: 11.26.2010

Jun 14 @ 8:05 AM ET
210,000L yesterday!
- robin_steele264

Nice!

Last night's steak was ass.
jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:06 AM ET
210,000L yesterday!
- robin_steele264

lactose intolerance?...brown beans and broccoli obsession?
robin_steele264
Edmonton Oilers
Joined: 03.15.2009

Jun 14 @ 8:07 AM ET
Nice!

Last night's steak was ass.

- T.Fleury




Crappy meat or crappy cook?



jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:07 AM ET
Nice!

Last night's steak was ass.

- T.Fleury

Tis the season!
T.Fleury
Calgary Flames
Location: Oxbow, SK
Joined: 11.26.2010

Jun 14 @ 8:10 AM ET
Crappy meat or crappy cook?
- robin_steele264

Crappy meat... I cheaped out.
robin_steele264
Edmonton Oilers
Joined: 03.15.2009

Jun 14 @ 8:11 AM ET
Crappy meat... I cheaped out.
- T.Fleury




T.Fleury
Calgary Flames
Location: Oxbow, SK
Joined: 11.26.2010

Jun 14 @ 8:14 AM ET

- robin_steele264

I should have known better.

You get what you pay for when it comes to beef.
Tee-Dot
Toronto Maple Leafs
Location: For being Stee's alternate personality or being associated with M. Night Shyamalan?
Joined: 12.11.2008

Jun 14 @ 8:17 AM ET
Sweet!!!
robin_steele264
Edmonton Oilers
Joined: 03.15.2009

Jun 14 @ 8:20 AM ET
Sweet!!!
- Tee-Dot




Yay!


jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:26 AM ET
I should have known better.

You get what you pay for when it comes to beef.

- T.Fleury

prime rib steak with freshly caught trout over an open fire with a bunch of beer out in the middle of nowhere beside a lake.....
robin_steele264
Edmonton Oilers
Joined: 03.15.2009

Jun 14 @ 8:28 AM ET
prime rib steak with freshly caught trout over an open fire with a bunch of beer out in the middle of nowhere beside a lake.....
- JIMI-JAMES




Sounds romantic


senstroll
Location: Leafs AAV Champs, ON
Joined: 02.22.2008

Jun 14 @ 8:32 AM ET
Its Friday


jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:35 AM ET
Sounds romantic
- robin_steele264

Doesn't get any better IMO
Tee-Dot
Toronto Maple Leafs
Location: For being Stee's alternate personality or being associated with M. Night Shyamalan?
Joined: 12.11.2008

Jun 14 @ 8:36 AM ET
prime rib steak with freshly caught trout over an open fire with a bunch of beer out in the middle of nowhere beside a lake.....
- JIMI-JAMES

*boner*
zazzle
Joined: 01.19.2013

Jun 14 @ 8:50 AM ET
*boner*
- Tee-Dot



dude lay of the cialas .........

go find a corner to releaf yourself.


jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:51 AM ET
*boner*
- Tee-Dot

of course the obligatory chuffs are included
Tee-Dot
Toronto Maple Leafs
Location: For being Stee's alternate personality or being associated with M. Night Shyamalan?
Joined: 12.11.2008

Jun 14 @ 8:52 AM ET
dude lay of the cialas .........

go find a corner to releaf yourself.

- zazzle

Colin Dambrauskas
Location: Office Chair - @ColinDJD
Joined: 08.04.2010

Jun 14 @ 8:52 AM ET
Doesn't get any better IMO
- JIMI-JAMES


should we give you give your own thread?
jimi james
Toronto Maple Leafs
Location: Somewhere Between, NB
Joined: 07.17.2010

Jun 14 @ 8:53 AM ET
should we give you give your own thread?
- Colin Dambrauskas

when are you comin out to live the dream?
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