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  #61  
Old 04-14-2013, 07:24 AM
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Quote:
Originally Posted by pete View Post
Contradicted yourself in the span of the same paragraph.
So says you. But both did start the same year. That is a fact. Did Marty get sent to the AHL during that time, yes. One stint was short the other longer.
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  #62  
Old 04-14-2013, 08:22 AM
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Originally Posted by Mike View Post
Malone is owed $5,000,000 but TB would only have to pay 2/3 of the remaining salary. So, $3.333,333 to reclaim $4.5 million in cap space x 2 seasons.

Similarly, Brewer may be owed $7,000,000 but TB would only have to pay $5,166,667 of that amount to reclaim $3,875,000 in cap space x2 seasons.

Of course, I'd try to move both of these players in the off-season and would be open to considering retaining some of their salary and cap space if it sweetened the return a little but Malone (especially Malone) and Brewer present very reasonable buyout possibilities. If, of course, Vinik's got the inclination to burn a bit more cash.
If you buy them out under the compliance buy out it is at 100% of their salary. If you use the regular buy out at 2/3s salary, a portion stays on the cap.
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  #63  
Old 04-17-2013, 12:10 PM
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In an attempt to add optics to what Donnie was saying

During the Ordinary Course “Buy-Out” periods following the 2012/13 season and 2013/14 season, in addition to any other Ordinary Course “Buy-Outs” a Club may elect to effectuate pursuant to Paragraph 13 of the SPC, Clubs may elect to terminate and “buy-out” the already existing SPCs of up to two (2) additional Players (in the aggregate over the two (2) years) on a Compliance basis (a “Compliance Buy-Out”).

Such Compliance Buy-Out(s) would be effectuated on the same terms as are set forth in Paragraph 13 of the SPC, except that the amounts paid under such “buy-out(s)” will not be charged against the Club’s Cap in any of the years in which the payments are made to the Player. Amounts paid under such Compliance Buy-Out(s) will, however, be counted against the Players’ Share during any League Year in which the “buy-out” payments are made.

A Player that has been bought out under these Compliance Buy-Out provisions shall be prohibited from re-joining the Club that bought him out (via re-signing, Assignment, Waiver claim or otherwise) for the duration of the 2013/14 League Year (if the Player was bought out in 2013) and the 2014/15 League Year (if the Player was bought out in 2014).
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  #64  
Old 04-18-2013, 02:18 PM
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Originally Posted by Donnie D View Post
If you buy them out under the compliance buy out it is at 100% of their salary. If you use the regular buy out at 2/3s salary, a portion stays on the cap.
I really don't think that's accurate. There's no functional difference. The clubs just get to elect to choose up to two buyouts that won't count towards the cap. The mechanics are still the same: the club is on the hook for 2/3 of the remaining salary. Not 100%.

So, again, Brewer would only be owed $5,166,667 of the $7,750,000 currently remaining on his contract if amnestied this summer. This sum would be paid out in four annual installments of $1,291,667.
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  #65  
Old 04-18-2013, 02:21 PM
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Quote:
Originally Posted by Coldrice View Post
In an attempt to add optics to what Donnie was saying

During the Ordinary Course “Buy-Out” periods following the 2012/13 season and 2013/14 season, in addition to any other Ordinary Course “Buy-Outs” a Club may elect to effectuate pursuant to Paragraph 13 of the SPC, Clubs may elect to terminate and “buy-out” the already existing SPCs of up to two (2) additional Players (in the aggregate over the two (2) years) on a Compliance basis (a “Compliance Buy-Out”).

Such Compliance Buy-Out(s) would be effectuated on the same terms as are set forth in Paragraph 13 of the SPC, except that the amounts paid under such “buy-out(s)” will not be charged against the Club’s Cap in any of the years in which the payments are made to the Player. Amounts paid under such Compliance Buy-Out(s) will, however, be counted against the Players’ Share during any League Year in which the “buy-out” payments are made.

A Player that has been bought out under these Compliance Buy-Out provisions shall be prohibited from re-joining the Club that bought him out (via re-signing, Assignment, Waiver claim or otherwise) for the duration of the 2013/14 League Year (if the Player was bought out in 2013) and the 2014/15 League Year (if the Player was bought out in 2014).
There is nothing in here indicating the portion of a remaining player's salary that a club would owe would be different for "ordinary" or "compliance" buy-outs. Not sure where this notion that clubs would have to pay 100% of the remaining salary to amnesty a player is coming from.
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