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Forums :: Blog World :: Bill Meltzer: Meltzer's Musings: Read, Cap Projections
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stveshdy
Philadelphia Flyers
Joined: 06.28.2010

May 16 @ 10:38 AM ET
A buyout of Shelley would result in a Cap hit of 500K this year, and 300K next year. A buyout of Walker would result in a cap hit of 366,667 this year, and 666,677 next year.
- MJL


That would be pointless for the Flyers to do. Just suck it up this summer and wait till next year when both players will be off the books.
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

May 16 @ 10:38 AM ET
If the cap is $69M... As mentioned GM's can go over 10%, ie. $6.9M.

Pronger $4.9
Shelley $1.1
Walker $1.4
Total $7.4 that comes off the cap when the season starts.

It slightly limits what Homer can do - but, its not the end of the world. Homer can use the $7.4M to address issues as the season progresses.

ps. The is talk of amnesty clause in the next agreement. When does this get decided on? They say it would be one contract - would this be per year?

- leon neon


Again, I posted on another thread the entire Flyers Cap picture to the dollar. As best as can be done. The in Season cap is not an issue. It's the off season Cap that is the issue. When/if they re-sign Carle, the Flyers will have about 3M or so to work with the rest of the off season.
stveshdy
Philadelphia Flyers
Joined: 06.28.2010

May 16 @ 10:40 AM ET
Again, I posted on another thread the entire Flyers Cap picture to the dollar. As best as can be done. The in Season cap is not an issue. It's the off season Cap that is the issue. When/if they re-sign Carle, the Flyers will have about 3M or so to work with the rest of the off season.
- MJL


Exactly. There is only so much they can do during the summer. The only way they will be able to get involved with UFA is probably to trade a player or two for cap space. Not sure I want to do that.
Bill Meltzer
Editor
Location: Philadelphia, PA
Joined: 07.13.2006

May 16 @ 10:40 AM ET
If the cap is $69M... As mentioned GM's can go over 10%, ie. $6.9M.

Pronger $4.9
Shelley $1.1
Walker $1.4
Total $7.4 that comes off the cap when the season starts.

It slightly limits what Homer can do - but, its not the end of the world. Homer can use the $7.4M to address issues as the season progresses.

ps. The is talk of amnesty clause in the next agreement. When does this get decided on? They say it would be one contract - would this be per year?

- leon neon



The amnesty -- if in fact there is one -- would have to be negotiated for when it can be used. I don't think it would be for this season simply because of the fact that the new CBA isn't likely to be agreed to until they are staring at the waning hours of the deadline for another work stoppage.


MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

May 16 @ 10:43 AM ET
The amnesty -- if in fact there is one -- would have to be negotiated for when it can be used. I don't think it would be for this season simply because of the fact that the new CBA isn't likely to be agreed to until they are staring at the waning hours of the deadline for another work stoppage.
- bmeltzer



I have doubts that it's going to be included at all.
stveshdy
Philadelphia Flyers
Joined: 06.28.2010

May 16 @ 10:44 AM ET
Whats the deal with Bartulis? Does this kid ever have a chance to make the club again? He looked like he was going to be a decent 5,6,7 defenseman and then the injury occurred and he hasnt been the same. Didn't get to watch him this year but how did he do?
Bill Meltzer
Editor
Location: Philadelphia, PA
Joined: 07.13.2006

May 16 @ 10:45 AM ET
Flyers aren't going to buy out Shelley. The cap savings would be minimal this season and they'd end up with him on the books for two seasons instead of just this one.

I have been having a Twitter discussion about Shelley, which I plan to use part of in the second section of tomorrow's blog (JVR will be the main section).

In a nutshell, if Shelley made the same money as Arron Asham, a lot more fans would be positively disposed toward Shelley despite his minimal on-ice role. At $1.1 million, people see only the seven-figure cap hit.

LW2530
Philadelphia Flyers
Location: Anyone have some change?, FL
Joined: 09.12.2006

May 16 @ 10:48 AM ET
Why is that? When Has Holmgren failed to ice a quality team since the Cap was instituted?
- MJL



Huh? Talking salary cap. Re-read post.
stveshdy
Philadelphia Flyers
Joined: 06.28.2010

May 16 @ 10:48 AM ET
Flyers aren't going to buy out Shelley. The cap savings would be minimal this season and they'd end up with him on the books for two seasons instead of just this one.

I have been having a Twitter discussion about Shelley, which I plan to use part of in the second section of tomorrow's blog (JVR will be the main section).

In a nutshell, if Shelley made the same money as Arron Asham, a lot more fans would be positively disposed toward Shelley despite his minimal on-ice role. At $1.1 million, people see only the seven-figure cap hit.

- bmeltzer


Its a cap hit world. Just doesn't seem right to use 1.1M on a player that didnt even dress most of the season. Even when he plays its very limited. I have nothing against Shelley but more against the Flyers using an enforcer and paying him too much money to be that.
leon neon
Philadelphia Flyers
Location: GA
Joined: 02.16.2009

May 16 @ 10:48 AM ET
I like both Carter and Richards, but I also like the return the Flyers got for them. I wish them success short of beating the Flyers. If they beat the Rangers or Devils, great.
- Jsaquella


I'm not so impressed with them. I feel like they were give the keys to the Flyers Kingdom (pun intented) and they screwed us. Sure the organization was to blame as well; not cracking down on them, giving them too much responsibility, etc... But, they were immature and handled things poorly. I was most disappointed in Richards. For all the wonderful talk of Richards leadership... He sucked at certain aspects of being a captain. Sure, he's got heart and did wonderful things on the ice. But, he didn't keep the locker room together, he didn't work well with the media, etc... As for Carter, talented but lacked heart and effort.

I am not in favor of giving the "C" to Giroux... (not yet). Give it to Timmo for his last year. Or just go with 3 A's.
jak521
Philadelphia Flyers
Location: Buckle Up.
Joined: 02.19.2008

May 16 @ 10:50 AM ET
I'm not so impressed with them. I feel like they were give the keys to the Flyers Kingdom (pun intented) and they screwed us. Sure the organization was to blame as well; not cracking down on them, giving them too much responsibility, etc... But, they were immature and handled things poorly. I was most disappointed in Richards. For all the wonderful talk of Richards leadership... He sucked at certain aspects of being a captain. Sure, he's got heart and did wonderful things on the ice. But, he didn't keep the locker room together, he didn't work well with the media, etc... As for Carter, talented but lacked heart and effort.

I am not in favor of giving the "C" to Giroux... (not yet). Give it to Timmo for his last year. Or just go with 3 A's.

- leon neon

oh dear god.. here we go
leon neon
Philadelphia Flyers
Location: GA
Joined: 02.16.2009

May 16 @ 10:55 AM ET
That would be pointless for the Flyers to do. Just suck it up this summer and wait till next year when both players will be off the books.
- stveshdy


If you buy out Shelley's $1.1M, have a $0.5M hit but have $0.6M to use... $0.6M isn't really pointless if use it to give slight increases and sign: Harry Zolnierczyk ($900,000), Tom Sestito ($550,000) and Ben Holmstrom ($750,000).
nastyflyergirl
Philadelphia Flyers
Location: this space for rent, PA
Joined: 09.19.2006

May 16 @ 10:56 AM ET
A buyout of Shelley would result in a Cap hit of 500K this year, and 300K next year. A buyout of Walker would result in a cap hit of 366,667 this year, and 666,677 next year.
- MJL



Stupid question, does Schenn's contract count against the Cap in the summer being he does have a two-way EL deal? How does that really work? I know the one way deals count but what about the EL deals of guys who were on the roster (Rinaldo, Schenn, Wellwood, etc)
Rally_Shots
Joined: 07.24.2008

May 16 @ 10:57 AM ET
I'm not so impressed with them. I feel like they were give the keys to the Flyers Kingdom (pun intented) and they screwed us. Sure the organization was to blame as well; not cracking down on them, giving them too much responsibility, etc... But, they were immature and handled things poorly. I was most disappointed in Richards. For all the wonderful talk of Richards leadership... He sucked at certain aspects of being a captain. Sure, he's got heart and did wonderful things on the ice. But, he didn't keep the locker room together, he didn't work well with the media, etc... As for Carter, talented but lacked heart and effort.

I am not in favor of giving the "C" to Giroux... (not yet). Give it to Timmo for his last year. Or just go with 3 A's.

- leon neon


Ya that guy stinks, wouldnt want him in a leadership role..
FlyerMike18
Philadelphia Flyers
Joined: 03.07.2009

May 16 @ 10:57 AM ET
I like both Carter and Richards, but I also like the return the Flyers got for them. I wish them success short of beating the Flyers. If they beat the Rangers or Devils, great.
- Jsaquella


this is precisely the way i feel about it too. it's kind of amazing that richards went from being loved to being hated so quickly
stveshdy
Philadelphia Flyers
Joined: 06.28.2010

May 16 @ 10:58 AM ET
If you buy out Shelley's $1.1M, have a $0.5M hit but have $0.6M to use... $0.6M isn't really pointless if use it to give slight increases and sign: Harry Zolnierczyk ($900,000), Tom Sestito ($550,000) and Ben Holmstrom ($750,000).
- leon neon


The savings isnt worth keeping the cap hit on the books for two years imo. Doesnt make sense to do that when you can have the entire number cleared during the season (sending him down) or at the end of the year. Those three players you want to sign are okay players but im not messing my cap up for two years to get those players under a new deal.
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

May 16 @ 10:58 AM ET
Huh? Talking salary cap. Re-read post.
- LW2530



Obviously you were talking salary cap. So I'll rephrase. When has Holmgren mismanaged the cap and not put a quality team on the ice because of it?
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

May 16 @ 10:59 AM ET
If you buy out Shelley's $1.1M, have a $0.5M hit but have $0.6M to use... $0.6M isn't really pointless if use it to give slight increases and sign: Harry Zolnierczyk ($900,000), Tom Sestito ($550,000) and Ben Holmstrom ($750,000).
- leon neon



The Flyers don't need that Cap space to sign any of those players.
OrangeBlack27
Philadelphia Flyers
Location: i do, mike, PA
Joined: 06.29.2006

May 16 @ 11:00 AM ET
There is no such thing as sending a player down during the Off Season.
- MJL


all one-way contracts count and pro-rated version of however long guys on two-way deals were on the roster count, right?
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

May 16 @ 11:00 AM ET
Stupid question, does Schenn's contract count against the Cap in the summer being he does have a two-way EL deal? How does that really work? I know the one way deals count but what about the EL deals of guys who were on the roster (Rinaldo, Schenn, Wellwood, etc)
- nastyflyergirl



Players on two way deals count in proportion to the number of days spent on the roster the previous Season.
Bill Meltzer
Editor
Location: Philadelphia, PA
Joined: 07.13.2006

May 16 @ 11:00 AM ET
I have doubts that it's going to be included at all.
- MJL


So do I.

I would think the negotiation goes something like this, protracted over numerous months, of course:

Fehr: "You want an amnesty clause? Fine. We'll let you cancel the remainder one player's contract per team. Just pay every remaining cent on the player's contract on the spot and make him an unrestricted free agent, and you've got it."

Owners: "Are you out of your mind? No way in hell we will do that. By amnesty, we mean we don't want to pay the vast majority of the contract or carry the cap hit either."

Fehr: "No. Why should our members give up money you're already contractually obligated to pay? This is the best I can do: Three-quarters contract value, paid out over two or three years. I'm not negotiating down any further than that, so forget it."

Owners: "No way in hell we're doing that, either. How about half the remaining value, paid out over half the remaining years?"

Fehr: "You already got my best negotiating offer."

Owners: "Well, no way in hell we're agreeing to that. Can we agree to forget the amnesty clause entirely?"

Fehr, getting what he wanted all along: "Agreed."
nastyflyergirl
Philadelphia Flyers
Location: this space for rent, PA
Joined: 09.19.2006

May 16 @ 11:06 AM ET
Players on two way deals count in proportion to the number of days spent on the roster the previous Season.
- MJL


Do you know what that number is? Just trying to get a real grasp on the CBA without having to pull it out again to read it again
bradleyc4
Philadelphia Flyers
Location: the jewelry is still out
Joined: 01.16.2007

May 16 @ 11:08 AM ET
Do you know what that number is? Just trying to get a real grasp on the CBA without having to pull it out again to read it again
- nastyflyergirl


165 of a possible 185 days
OrangeBlack27
Philadelphia Flyers
Location: i do, mike, PA
Joined: 06.29.2006

May 16 @ 11:09 AM ET
Do you know what that number is? Just trying to get a real grasp on the CBA without having to pull it out again to read it again
- nastyflyergirl


brad got it
hockeylover
Atlanta Thrashers
Location: There's always next year., NT
Joined: 08.03.2006

May 16 @ 11:14 AM ET
So do I.

I would think the negotiation goes something like this, protracted over numerous months, of course:

Fehr: "You want an amnesty clause? Fine. We'll let you cancel the remainder one player's contract per team. Just pay every remaining cent on the player's contract on the spot and make him an unrestricted free agent, and you've got it."

Owners: "Are you out of your mind? No way in hell we will do that. By amnesty, we mean we don't want to pay the vast majority of the contract or carry the cap hit either."

Fehr: "No. Why should our members give up money you're already contractually obligated to pay? This is the best I can do: Three-quarters contract value, paid out over two or three years. I'm not negotiating down any further than that, so forget it."

Owners: "No way in hell we're doing that, either. How about half the remaining value, paid out over half the remaining years?"

Fehr: "You already got my best negotiating offer."

Owners: "Well, no way in hell we're agreeing to that. Can we agree to forget the amnesty clause entirely?"

Fehr, getting what he wanted all along: "Agreed."

- bmeltzer


Do you think the season will begin on time?
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