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Forums :: Blog World :: Bill Meltzer: Remembering Rick MacLeish
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mayorofangrytown
Philadelphia Flyers
Location: Downingtown, PA
Joined: 08.16.2006

Jun 1 @ 3:31 PM ET
Hmmm, I don't know now that I think about it. I was trying to think of a way where they don't have to protect him in the expansion draft but don't have to pay him next year either. I guess a mutual termiantion would just be zero money.

Could a they gree to mutually terminate and then sign him on a one-year, one-way deal for $3.5M and then bury him in the minors? I know you can't sign a player for one year after a buy-out, but not sure about a mutual termination.

Or can they make him the recipient of the first annual RJ Umberger Award, which comes with a cash prize of $4M?

- jmatchett383

There's gotta be something to it or teams and players would be terminating and reworking deals all the time.
mayorofangrytown
Philadelphia Flyers
Location: Downingtown, PA
Joined: 08.16.2006

Jun 1 @ 3:38 PM ET
That draft will be interesting.
- Scoob

Here...

https://www.theguardian.c...uins-how-to-be-hockey-fan


There's something in there especially for you if you haven't seen it yet.
Tomahawk
Ottawa Senators
Location: Driver's Seat: Mitch Marner bandwagon. Grab 'em by the Corsi.
Joined: 02.04.2009

Jun 1 @ 3:38 PM ET
That draft will be interesting.
- Scoob


And the Flyers will only have 1 NMC come draft time...
mayorofangrytown
Philadelphia Flyers
Location: Downingtown, PA
Joined: 08.16.2006

Jun 1 @ 3:41 PM ET
New blog on the Spectrum
MJL
Philadelphia Flyers
Location: Candyland, PA
Joined: 09.20.2007

Jun 1 @ 9:04 PM ET
Completely off-topic, but:

With respect to RJ Umberger, is mutual termination an option?

If the Flyers buy him out this summer, Umberger gets $1.5M for the next 2 years for a total of $3M. However, what if the Flyers offerred him $3.25M for a mutual termination this year? He'd make an extra $250K, he'd get it in a lump sum (you could tweak the number when taxes are factored in), and the Flyers don't have to carry the extra $1.5M cap hit for next year.

Whadda ya think?

Edit: Mike Richards will be getting paid by the LA Kings until 2032. Yes, 2032.

- jmatchett383


Mututal termination is not offering a player a lump sum of money to walk away. No such thing. That would be cap circumvention and not allowed. Mutual termination is the contract is completely terminated with no further money to the player, and no future cap ramifications. Why would Umberger do that?

The Mike Richards situation was a settlement on a grievance, and the Kings have to carry that money on their cap.
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