Here’s one from a friend who covers the NY area for the athletic:
And Ladd isn’t even in the top 2 worst contracts on the team.
I feel bad for Ladd, not financially though. He was a great captain that performed well for us, and I hope he can live up to his current contract.
Here’s one from a friend who covers the NY area for the athletic:
And Ladd isn’t even in the top 2 worst contracts on the team.
Really don't think the numbers will improve for Ladd, a bad contract is just a bad contract.
I feel bad for Ladd, not financially though. He was a great captain that performed well for us, and I hope he can live up to his current contract.
I actually don’t feel bad for Ladd. He decided to leave the team he captained for years for cash.
If I was a player, I wouldn’t want to chase down the last nickle. If you don’t live up to your contract, the fans will despise you. If you give good value, fans will adore you.
Greedy players will get their well deserved resentment.
Will they end up burying him in the minors in a couple years? They save more that way than buying him out.
Ladd hadn't made a tonne of money in his career when taking into account his production and role (All relative of course). He also had a couple of cups in the bank so he likely felt he was justified in going for the cash. Lets be honest, most of us try to maximize our wealth in our respective fields. I have no issue with him going for the money. Its up to smart management groups to know how to properly allocate their budgets.
Ladd hadn't made a tonne of money in his career when taking into account his production and role (All relative of course). He also had a couple of cups in the bank so he likely felt he was justified in going for the cash. Lets be honest, most of us try to maximize our wealth in our respective fields. I have no issue with him going for the money. Its up to smart management groups to know how to properly allocate their budgets.
It’s buy-out proof since it is a high bonus/low salary contract. How does that work if he’s demoted?
Speak for yourself, I'm getting bodied by university
It’s buy-out proof since it is a high bonus/low salary contract. How does that work if he’s demoted?
A joke on your maximizing wealth comment, cuz the only thing being maximized for me is my debtNot sure what your getting at?
A joke on your maximizing wealth comment, cuz the only thing being maximized for me is my debt
They are allowed to hide around a million per year of cap space in the AHL.
When a contract begins s burried the current cap savings is $1.025M (minsalary+ $375k) it rises to $1.075M in 2019/20 season.
A Ladd buyout saves $666k
He can obviously go for the money but he will be despised by NYI fans for several years. Worth it to him? Heh, probably.
Here’s one from a friend who covers the NY area for the athletic:
And Ladd isn’t even in the top 2 worst contracts on the team.
Ladd hadn't made a tonne of money in his career when taking into account his production and role (All relative of course). He also had a couple of cups in the bank so he likely felt he was justified in going for the cash. Lets be honest, most of us try to maximize our wealth in our respective fields. I have no issue with him going for the money. Its up to smart management groups to know how to properly allocate their budgets.
]In the end it worked out well for us, he would no longer have much of a role here given the talent we now have at the wing position.can't blame a guy for wanting more money tho, but still the guy was the captain of team and dipped for money
I think Ladd felt he took his discount when he signed his first contract with the Jets ($4.4M x 5). I also think he was upset that the Jets decided to take their foot off the gas after the playoff year. He seemed to want to win and be on a team that was committed to winning in the near term. Didn't line up with the Jets plan - so he raised his price (or at least became inflexible) and that ultimately scuttled the chance of a deal here. Turns out the Jets dodged a bullet that caught Garth Snow right between his 8 foot shoulderpads that still weren't enough to make him a decent goalie (or GM).