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2019 NHL Off Season News Thread

Flyers re-sign goalie Brian Elliott, 1 year/$2 million. He was coming off a 2 year/$5.5 million contract.


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I'm a bit surprised they didn't wait until July 1 and see what else they could do to backstop the kid. Elliot's best days are a long way behind him, even if the price is right, and you'd think they need somebody capable of giving them a solid 30 or so games. Somebody like, say, Curtis McIlhenney.
 
Per McKenzie, Vancouver has a cap recapture penalty of slightly more $3 million per year for the next 3 years. Florida has a penalty of just over $1 million. I’m sure the Canucks are loving that, I’m a year when the cap is lower than expecting.


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The NHL has the simplest of all the cap structures and you still have teams getting popped with penalties like they don't know or can't figure out the rules. It's, frankly, embarrassing. You could write that off as a cost of doing business if you're a max cap team that's actually got a shot at winning something, but I give you ... Vancouver and Florida. Congrats, idiots.
 
The NHL has the simplest of all the cap structures and you still have teams getting popped with penalties like they don't know or can't figure out the rules. It's, frankly, embarrassing. You could write that off as a cost of doing business if you're a max cap team that's actually got a shot at winning something, but I give you ... Vancouver and Florida. Congrats, idiots.

McKenzie also said that Vancouver has known about it for a while and was able to plan accordingly. But as Luongo famously said “my contract sucks”

CapFriendly has a list of players who didn’t receive a qualifying offer. Canes legends Martin Frk, Ty Rattie, PDG and Ryan Murphy are on the list

https://www.capfriendly.com/browse/free-agents/2020/caphit/all/all/ufa-no-qualifying-offer


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In fairness on the Luongo contract, that deal was signed before the current CBA which introduced the cap recapture concept. That deal was an example of why the cap recapture penalties were put in place, so teams signing backdiving contracts couldn't wipe out cap hits with player retirements. Back when Vancouver signed Luongo for 12 years and $64 million there was no 'recapture penalties' to worry about. Under the CBA at that point in time, Luongo could retire and the cap hit disappear.
 
In fairness on the Luongo contract, that deal was signed before the current CBA which introduced the cap recapture concept. That deal was an example of why the cap recapture penalties were put in place, so teams signing backdiving contracts couldn't wipe out cap hits with player retirements. Back when Vancouver signed Luongo for 12 years and $64 million there was no 'recapture penalties' to worry about. Under the CBA at that point in time, Luongo could retire and the cap hit disappear.

Fair ... in fact, I forgot that Luongo's contract was so stinking long that it pre-dated the CBA. Sorry boys ... you're just dumb, not idiots.
 
The Leafs have signed Kapanen and Johnsson to about $6.6M per year combined, leaving them under $7M to ink Marner. That should keep TO talk radio going for a while.


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They'll dump another secondary asset soon enough to give them at least $10M room to get Marner done.

oh ya, and Horton
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The Leafs have signed Kapanen and Johnsson to about $6.6M per year combined, leaving them under $7M to ink Marner. That should keep TO talk radio going for a while.


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CapFriendly counts Horton. He’s on LTIR. That’s 5.3... Marleau cleared the room for Kapanen/Johnsson, that’s why they paid the price they did.
 
While LTIR gives the Leafs the ability to exceed the cap, doing so is a headache and it causes some logistical issues trying to manage the roster. That is not something that you want to enter the season banking on if you can avoid it.

capfriendly has the best read on this topic:

https://www.capfriendly.com/ltir-faq

I would be willing to bet that when it comes time for all teams to be 'under the cap' that the Leafs, with Marner signed, will have managed to use very little if any of that Horton LTIR to their benefit.
 
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They'll dump another secondary asset soon enough to give them at least $10M room to get Marner done.

oh ya, and Horton
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Problems being that Marner is making loud noises about numbers bigger than $10 mil ... justified or not isn't my call, nor do I care ... and that the most likely secondary asset to dump is Zietzev who has been sitting on the fire sale shelf for a month. They couldn't even give him away for a lower round pick at the draft. They have no money to sign Gardner so their blue line is still a mess that's STILL depending on heavy minutes out of players who frankly aren't up the standard of their forwards. They're committed to Babcock, who is one of the least flexible and pragmatic coaches in the NHL, and have a fan base that
s 100% convinced they can and should win the Cup every year.

Yeah ... seems like a fun job, being GM of the Leafs.
 
While LTIR gives the Leafs the ability to exceed the cap, doing so is a headache and it causes some logistical issues trying to manage the roster. That is not something that you want to enter the season banking on if you can avoid it.

capfriendly has the best read on this topic:

https://www.capfriendly.com/ltir-faq

I would be willing to bet that when it comes time for all teams to be 'under the cap' that the Leafs, with Marner signed, will have managed to use very little if any of that Horton LTIR to their benefit.

Yeah... we've had Horton on our roster for 5 years so... pretty familiar with it.

One of the biggest issues it causes is that if any of your players on ELCs hit on their performance bonuses, you're stuck with overages that carry over into the next year, so we've been hesitant to dip into it.

This year though, Matthews, Nylander, Marner, Kapanen and Johnsson are all out of their entry-level deals, Dermott has no performance bonuses and the kids who do aren't all that likely to make the team. The space is there if we need it.

I'd still imagine they eventually trade Brown and Zaitsev but I have no idea why non-Leaf fans are looking at these two signings and being like "leafs r screwed1!, 7 million to sign Marner".
 
Problems being that Marner is making loud noises about numbers bigger than $10 mil ... justified or not isn't my call, nor do I care ... and that the most likely secondary asset to dump is Zietzev who has been sitting on the fire sale shelf for a month. They couldn't even give him away for a lower round pick at the draft. They have no money to sign Gardner so their blue line is still a mess that's STILL depending on heavy minutes out of players who frankly aren't up the standard of their forwards. They're committed to Babcock, who is one of the least flexible and pragmatic coaches in the NHL, and have a fan base that
s 100% convinced they can and should win the Cup every year.

Yeah ... seems like a fun job, being GM of the Leafs.

He's got a $3 million dollar bonus due July 1st, so I'd imagine he'll be easier to trade once we've paid that and guys like Myers start going for $8m.
 
Yeah... we've had Horton on our roster for 5 years so... pretty familiar with it.

One of the biggest issues it causes is that if any of your players on ELCs hit on their performance bonuses, you're stuck with overages that carry over into the next year, so we've been hesitant to dip into it.

This year though, Matthews, Nylander, Marner, Kapanen and Johnsson are all out of their entry-level deals, Dermott has no performance bonuses and the kids who do aren't all that likely to make the team. The space is there if we need it.

I'd still imagine they eventually trade Brown and Zaitsev but I have no idea why non-Leaf fans are looking at these two signings and being like "leafs r screwed1!, 7 million to sign Marner".

I'm not saying that at all. I'm saying that GM job is a HEADACHE.
 
I'm not saying that at all. I'm saying that GM job is a HEADACHE.

? I know you weren't. I wasn't referring to you. It's the first two pages of the HFboards signing thread.

But FWIW, I remember the days when we had zero elite players + mountains of cap space and could only dream of a time people would wonder how we were going to re-sign our elite forwards. That was a headache.
 
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