What's next years draft supposed to belike?
- david22

not as deep but still a good top heavy class. Jack Hughes is legit

Omg someone fire PD. he trades away Dion, a serviceable 2nd line D who brings a ton of grit and leadership and is clearly liked by everyone and Thompson, a guy who could have been traded for a pick or prospect for the future.

For for a washed up Gaborik who can't score, is slowing down and has the same term left and Shore who next to useless.

That is bad enough but we retain 25% of Dion's Salary... So we aren't even saving anything!

Omg someone fire PD. he trades away Dion, a serviceable 2nd line D who brings a ton of grit and leadership and is clearly liked by everyone and Thompson, a guy who could have been traded for a pick or prospect for the future.

For for a washed up Gaborik who can't score, is slowing down and has the same term left and Shore who next to useless.

That is bad enough but we retain 25% of Dion's Salary... So we aren't even saving anything!
- Maverick1818

we are saving millions in salary actually, including the 25%...look at their salary vs cap hit...

How so with the buy out? It halves the cap hit, but over a longer period of time, no? Or is it half the cap hit, and they pay half the salary

- david22

Buyouts are generally based on paying 2/3 of the remaining salary (not bonuses) of a contract over 2x the remaining years. So if the player was set to make $4.5M/yr for the last 2 years of a contract, you would be paying $1.5M/yr for 4 years. The cap hit is a bit trickier to work out, because it's based on a differential between the buyout and what should have been paid during the final years of the contract (i.e. the cap hit would potentially vary over the first two years of that buyout scenario).

Of course, the scenario that would have many people bleeding from the eyes is if Gaborik was just brought in to help offset a Hoffman trade.

Buyouts are generally based on paying 2/3 of the remaining salary (not bonuses) of a contract over 2x the remaining years. So if the player was set to make $4.5M/yr for the last 2 years of a contract, you would be paying $1.5M/yr for 4 years. The cap hit is a bit trickier to work out, because it's based on a differential between the buyout and what should have been paid during the final years of the contract (i.e. the cap hit would potentially vary over the first two years of that buyout scenario).

Of course, the scenario that would have many people bleeding from the eyes is if Gaborik was just brought in to help offset a Hoffman trade.
- khawk

gawd no! please!!

gawd no! please!!
- Raven33

I'm not saying this is necessarily the case... but if the team has adopted the long view that Hoffman will be gone in ~2yrs time one way or another due to cap pressures, then you have to consider the possibility that this is exactly what's going on. Factor in that Hoffman could return precisely the kinds of young assets and picks that they're really coveting at this point, and it doesn't even sound that far fetched.

Marian Gaborik scores 30 goals next year

This is what this deal does to the team going forward

I mean I know we didn't get quality assets like cowen and greening back, but still a solid trade
- sensarmy_11

didnt the sens send a 2nd round pick and a prospect in that deal?

I'm just glad I don't have to root for Phaneuf any more. I never could stand the guy as a Leaf, could barely tolerate him as a Senator.

Doubt Gaborik or Shore make this team better, but sitting in 29th at this point means that hardly matters. Hopefully Gabby at least will be easier to buy out or will LTIRe as soon as possible.

Omg someone fire PD. he trades away Dion, a serviceable 2nd line D who brings a ton of grit and leadership and is clearly liked by everyone and Thompson, a guy who could have been traded for a pick or prospect for the future.

For for a washed up Gaborik who can't score, is slowing down and has the same term left and Shore who next to useless.

That is bad enough but we retain 25% of Dion's Salary... So we aren't even saving anything!
- Maverick1818

I agree with everything but Dion being 'serviceable 2nd line D.' He is a passable #4 a best, and declining. This is very likely a bad deal for us, but I really do think people are overrating Dion (as was the case when the Leafs got him from the Flames, and when the Sens got him from the Leafs).

didnt the sens send a 2nd round pick and a prospect in that deal?
- systemtool

There was definitely a 2nd.

Buyouts are generally based on paying 2/3 of the remaining salary (not bonuses) of a contract over 2x the remaining years. So if the player was set to make $4.5M/yr for the last 2 years of a contract, you would be paying $1.5M/yr for 4 years. The cap hit is a bit trickier to work out, because it's based on a differential between the buyout and what should have been paid during the final years of the contract (i.e. the cap hit would potentially vary over the first two years of that buyout scenario).

Of course, the scenario that would have many people bleeding from the eyes is if Gaborik was just brought in to help offset a Hoffman trade.
- khawk

Gaborik buyout would be 6 years.

yr 1 is about 1.5 mil
2 is about 2.25 mil
3 is about 3 mil
4-6 is about 1.2 each of the three years.

phaneuf buy out is something like 3mil first two years, 5.5 third year, 1.5 mil the final three years.

didnt the sens send a 2nd round pick and a prospect in that deal?
- systemtool

Yes... though the prospect was highly expendable, and the Leafs also ate roughly $10M of salary up-front in that deal by having to take multiple awful contracts in return. The Leafs then managed to blow virtually all of the saved cap space on Marleau (with a NMC cherry on top), but that's apparently a smart hockey move if you live in the GTA.

Gaborik buyout would be 6 years.
- systemtool

The real salary cap problem for the Senators doesn't hit until after next year, so it would be a buyout of the last 2 years of Gaborik's existing contract. That was also the biggest problem with a potential buyout of Phaneuf, because even with an affordable buyout cost the actual cap hit would still have been very high in the first two years of new contract extensions for Karlsson/Duchene.

They save another 5 mil if they buy out gaborik.....or close to that. Frees up money for EK and clears room on the blue line for better and younger guys
- sensarmy_11

Over what is left after this year, the Sens save $600,000 in ACTUAL SALARY with retaining 25% of Dions contract and paying Gaborik.
Gaborik is done and like Thompson Shore is a spare part for the 3rd or 4th line, but younger. Only hope for Ottawa is Gaborik spends his time ON LTIR, but even then you have to spend to the cap to make that worthwhile.

Over what is left after this year, the Sens save $600,000 in ACTUAL SALARY with retaining 25% of Dions contract and paying Gaborik.
Gaborik is done and like Thompson Shore is a spare part for the 3rd or 4th line, but younger. Only hope for Ottawa is Gaborik spends his time ON LTIR, but even then you have to spend to the cap to make that worthwhile.
- JACMAN

recalculate that one professor

recalculate that one professor
- AlfieisKing

Explain?

Over what is left after this year, the Sens save $600,000 in ACTUAL SALARY with retaining 25% of Dions contract and paying Gaborik.
Gaborik is done and like Thompson Shore is a spare part for the 3rd or 4th line, but younger. Only hope for Ottawa is Gaborik spends his time ON LTIR, but even then you have to spend to the cap to make that worthwhile.
- JACMAN

According to capfriendly the sens save just under 5.5 mil in real dollars (cap savings is much lower) over the next 3 years. They save another 3.5 or so if they buy gaborik out

According to capfriendly the sens save just under 5.5 mil in real dollars (cap savings is much lower) over the next 3 years. They save another 3.5 or so if they buy gaborik out
- sensarmy_11

LOL Eugene is going pay someone not to play for him?
Hope your right for Sens sake.

LOL Eugene is going pay someone not to play for him?
Hope your right for Sens sake.
- JACMAN

who cares if he doesn't, the main point is they save lots of millions just by doing this trade even if he doesn't buy out Gaborik!

Thompson and Shore, just saving for the Sens? seems like such a lateral, pointless move otherwise.
- david22

It really does seem pointless this trade unless its to get a cheaper buy out option at the end of the season with Gaborik.
I hope they can deal some Ryan magic,maybe get a 40 yr old with 4 years left at 5 mill/yer in return and retain 40% of his salary

Karlsson tweeted he had a tear in his eye.....how touching

So team saves 5.4 million in real cash but gets 3 more years of an old slow and not very good gaborik who hasnt scored more than 22pts in the past 3 years.
Good deal for LA....phaneufcan still be decent playing 15 - 18 mins.

gawd no! please!!
- Raven33

That's the real money saving move coming

i am a pens season tix holder and i was there for the series last yr. the sens were a disciplined, motivated team with good talent all around buying into the coach's system. it was a great series.

with that being said, the teams make up is not that different and the same coach has the same system. what has changed? it cannot simply be puck luck. at the end of the day the sens still have some awesome talent. i thought for sure that last years experience would only make them better this yr. thinking they would be a favorite to contend from the beginning. i dont watch them all of the time but it is a head scratcher for me.
- i'mjustafan

It is a puzzle. i thought for sure they had at least 1 more year of challenging. I think there was too many tweeks to overcome. Loss of Methot,Turris,. Upset the balance and then compound all the negativity they receive it just snowballed out of control this season

LOL Eugene is going pay someone not to play for him?
Hope your right for Sens sake.
- JACMAN

Umm the leafs are paying 1.25 million to win cups elsewhere.
Teams paying a portion of former players salaries...nothing new.

And why is everyone happy that melynk is saving money? Those savimgs are going to margaritas on the beach, not back into the club.