U r correct....only 900k of his cap hit is taken off their books....Why didn'y Lombardi buy him out? Do they still have their buyouts? Or did they use them?
- captainserious

Compliance buyout window is over, this past summer was the last one

They could only use a regular buyout, which means they would have a $1.8975 mil cap hit for the next 10 years

Compliance buyout window is over, this past summer was the last one

They could only use a regular buyout, which means they would have a $1.8975 mil cap hit for the next 10 years
- FourFeathers773

That would exceed the length of the Richards contract. Is that how it works?

I knew he was playing bad but one would think Lombardi was offering to carry up to half his hit and still no takers? Only reason Lombardi wouldn't offer to carry would be if there was some sort of other option to remove the hit down the line. Anyone know what it is?

That would exceed the length of the Richards contract. Is that how it works?

I knew he was playing bad but one would think Lombardi was offering to carry up to half his hit and still no takers? Only reason Lombardi wouldn't offer to carry would be if there was some sort of other option to remove the hit down the line. Anyone know what it is?
- tredbrta

When you use a regular buyout, its for 1/3 of the hit for 2x the amount of years left

That would exceed the length of the Richards contract. Is that how it works?

I knew he was playing bad but one would think Lombardi was offering to carry up to half his hit and still no takers? Only reason Lombardi wouldn't offer to carry would be if there was some sort of other option to remove the hit down the line. Anyone know what it is?
- tredbrta

The other problem is Lombardi really needs all the cap hit gone, cant really afford to retain

They have contracts to hand out coming up to Williams, stoll, pearson, toffoli as well as kopitar likely gets his extension this summer too, and he has the same agent as Toews and Kane

When you use a regular buyout, its for 1/3 of the hit for 2x the amount of years left
- FourFeathers773

I thought it was 2/3 after a certain age?

The other problem is Lombardi really needs all the cap hit gone, cant really afford to retain

They have contracts to hand out coming up to Williams, stoll, pearson, toffoli as well as kopitar likely gets his extension this summer too, and he has the same agent as Toews and Kane
- FourFeathers773

Then the waiver process seems to be a big gamble for Lombardi - that someone is willing to pick up ALL of Richards $5.75MM hit for this year plus 5 more.

If no one does, then he is stuck with about $4.8MM hit each year for the term of the contract.

Unless, of course (and I'm sure Powerenforcer could flesh this out), he has reached an under-the-table deal with some team with some kind of quid-pro-quo coming back.

But I'm sure there are no deflated pucks in the NHL.

"If he clears waivers, they can only hide $900,000 of that if I'm not mistaken"

Could someone explain that please?

"If he clears waivers, they can only hide $900,000 of that if I'm not mistaken"

Could someone explain that please?
- walleyeb1

I think this is it
Under the 2013 CBA, a team only derives a specific savings from demoting a player on a one-way contract to the AHL. This savings is calculated as league minimum plus $375,000.

I thought it was 2/3 after a certain age?
- Ogilthorpe2

You are correct, after 26 years old

Then the waiver process seems to be a big gamble for Lombardi - that someone is willing to pick up ALL of Richards $5.75MM hit for this year plus 5 more.

If no one does, then he is stuck with about $4.8MM hit each year for the term of the contract.

Unless, of course (and I'm sure Powerenforcer could flesh this out), he has reached an under-the-table deal with some team with some kind of quid-pro-quo coming back.

But I'm sure there are no deflated pucks in the NHL.
- StLBravesFan

meh, if he clears, at some point he will probably just call him back up and HOPE he contributes more than he was

meh, if he clears, at some point he will probably just call him back up and HOPE he contributes more than he was
- FourFeathers773

They can't afford to have him clear. You can't bury money in the AHL or Europe anymore like the Hawks did with Huet.

They can't afford to have him clear. You can't bury money in the AHL or Europe anymore like the Hawks did with Huet.
- Ogilthorpe2

Is there a time frame a player has to stay down after being put on waivers? I would imagine if he clears they would just recall him

I think they just waived him to see if anyone would take him off their hands, not that they actually want him down there

Then the waiver process seems to be a big gamble for Lombardi - that someone is willing to pick up ALL of Richards $5.75MM hit for this year plus 5 more.

If no one does, then he is stuck with about $4.8MM hit each year for the term of the contract.

Unless, of course (and I'm sure Powerenforcer could flesh this out), he has reached an under-the-table deal with some team with some kind of quid-pro-quo coming back.

But I'm sure there are no deflated pucks in the NHL.
- StLBravesFan

That's a big time contract through the 19-20 season...can't see it happening...Richards will be 30 in a couple of weeks and what 36 when the deal ends. Wonder how this move is playing in the LA dressing room?

The other problem is Lombardi really needs all the cap hit gone, cant really afford to retain

They have contracts to hand out coming up to Williams, stoll, pearson, toffoli as well as kopitar likely gets his extension this summer too, and he has the same agent as Toews and Kane
- FourFeathers773

Really a shame ain't it.



Either Richards play has fallen into the nether regions and/or Lombardi hasn't offered to eat salary. Those under the table payments to McCauley and OHalloran must have been DOOZIES! Add that to the bonuses for the linesmen in WCF game 7 last year and look out.

Is there a time frame a player has to stay down after being put on waivers? I would imagine if he clears they would just recall him

I think they just waived him to see if anyone would take him off their hands, not that they actually want him down there
- FourFeathers773

Could be more rumors out there about his off ice antics. Character guy supposedly in the room and on the ice but that stuff can stick. Lots of Ribeiro type hearsay out there about him and Carter. That would be enough to keep teams away.

Jeez they'd be better off giving him away and keeping $3,000,000 of his salary.

The other problem is Lombardi really needs all the cap hit gone, cant really afford to retain

They have contracts to hand out coming up to Williams, stoll, pearson, toffoli as well as kopitar likely gets his extension this summer too, and he has the same agent as Toews and Kane
- FourFeathers773

Not to mention Muzzin and Martinez will both be making 4mil per starting next season...yikes. How much of a bargain is Hammer?

I wouldn't be surprised if you see multiple players getting called up during the Carbomb suspension and Versteeg recovery.
To me, the guy they called up just fits in a lot of ways.
TT gets a girlfriend, the hawks see if he can throw NHL checks and lumberjack at the higher levels.
and yes he can line up on all three forward positions (just like McNeill).

To me this is all about letting McNeill play on a top line in Rockford and develop further. Stanbo has been on more than one Rockford interview praising him and his line as the future.
The guy has 12 goals and 23 points in 31 games, and there is no good reason to take achance you have him lose confidence by promoting him to a league that is at least a half step quicker, where every pass is suppose to be precise and stop sarts dictate your success almost shift by shift.
No one ever confused him with TT in terms of what his major league role would be.
From the pre-draft he was my "Getzlaf-lite" with upside.
Why mess him now?
Isn't enough he told the press at the draft when he was drafted that he thought he could make the roster in the next Fall?
He's no longer naive and understands the work involved and if they do give him a game somewhere fine, but no reason now to pressure him to play at that pace....

Really a shame ain't it.



Either Richards play has fallen into the nether regions and/or Lombardi hasn't offered to eat salary. Those under the table payments to McCauley and OHalloran must have been DOOZIES! Add that to the bonuses for the linesmen in WCF game 7 last year and look out.




- tredbrta

That still ticks me off everything time i think about it. Can't wait for the Playoffs to start.

That still ticks me off everything time i think about it. Can't wait for the Playoffs to start.
- SaskHawkFan

I can wait. Let's get Versteeg and TVR back first and see them playing like they did on the circus trip.... Then we can begin the playoffs.

I do think the hard cap has been terrible for the league but really can't feel any pain for the Kings with so many of their trolling fans talking about the Hawks pending cap issues last playoffs. This limited cap growth is going to put a number of the top 3rd in trouble and some have not seen it coming. They will be hurt worse than the Hawks.

I wouldn't be surprised if you see multiple players getting called up during the Carbomb suspension and Versteeg recovery.
To me, the guy they called up just fits in a lot of ways.
TT gets a girlfriend, the hawks see if he can throw NHL checks and lumberjack at the higher levels.
and yes he can line up on all three forward positions (just like McNeill).

To me this is all about letting McNeill play on a top line in Rockford and develop further. Stanbo has been on more than one Rockford interview praising him and his line as the future.
The guy has 12 goals and 23 points in 31 games, and there is no good reason to take achance you have him lose confidence by promoting him to a league that is at least a half step quicker, where every pass is suppose to be precise and stop sarts dictate your success almost shift by shift.
No one ever confused him with TT in terms of what his major league role would be.
From the pre-draft he was my "Getzlaf-lite" with upside.
Why mess him now?
Isn't enough he told the press at the draft when he was drafted that he thought he could make the roster in the next Fall?
He's no longer naive and understands the work involved and if they do give him a game somewhere fine, but no reason now to pressure him to play at that pace....
- wiz1901

Big, 2 way down the middle. Just what doctor ordered. Hawks Lehtera equivalent with STL.

Big, 2 way down the middle. Just what doctor ordered. Hawks Lehtera equivalent with STL.
- TrueGrit

That may be a stretch, and time will tell, but we can all hope you're right.

Mike Richards isn't being sent down. Its a shot in the dark by Lombardi to see if someone claims him. I doubt anyone does with that term left on his contract.The total is 925, 000 K in cap savings. Just because you put a player on waivers doesn't mean you have to send them down. If they clear, it just means you can.

Mike Richards isn't being sent down. Its a shot in the dark by Lombardi to see if someone claims him. I doubt anyone does with that term left on his contract.The total is 925, 000 K in cap savings. Just because you put a player on waivers doesn't mean you have to send them down. If they clear, it just means you can.
- Elbows15

Richards may have been on the waiver wire before this for all we know, only now its public knowledge.

Nobody will claim that contract without a huge favour in return, like a trade that Lombardi probably won't want to make. But for a team that has cap space and needs an NHL ready goalie like Edmonton, they might want to tell the Kings we"ll take the Richards contract as long as you give us Martin Jones to go with him.

Richards may have been on the waiver wire before this for all we know, only now its public knowledge.

Nobody will claim that contract without a huge favour in return, like a trade that Lombardi probably won't want to make. But for a team that has cap space and needs an NHL ready goalie like Edmonton, they might want to tell the Kings we"ll take the Richards contract as long as you give us Martin Jones to go with him.
- RickJ

Any GM claiming that contract should be fired. He looks done in the games I have seen. I know he is only 29 but he looks either disinterested or the way he played took its toll on him. There has always been the drug and drinking rumors around him. Add in the questions about his fitness and it doesn't look good.

I just read somewhere Bobby Mac is saying he will go to Manchester if he clears. Woah.That is a sign that want him gone and quickly. I would be even more leery of that contract if that is the case.