Contract Termination: [TBL] F Josh Archibald on waivers for the purpose of contract termination

[Marc the Habs Fan]

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[Five Alarm Fire]

Too bad, hope everything is good with Archibald.

 

[serp]

Lightning just gave him a two year deal on July 1st . Wonder what happened there.


Edit : So Archibald was not planning on playing hockey for the forseeable future according to the Lightning statement ? Hope nothing too serious happened there in the last couple of months / weeks.

 

[Boom Boom Apathy]

Lightning just gave him a two year deal on July 1st . Wonder what happened there.

Yeah, it is weird, but it sounds like Archibald has some personal things to attend to. The article said:

“Yesterday, I was informed by Josh’s agent, and by Josh himself in a subsequent conversation, that he was not planning on playing hockey for the time being and that he would not be reporting to training camp. Consequently, Josh was placed on unconditional waivers earlier today for the purpose of terminating his contract.

“We wish Josh, his wife Bailey, and their entire family the very best in their future endeavors.”

 

[Ledge And Dairy]

 

[NYR94]

So Motte was signed to replace him?

 

[serp]

Yeah, it is weird, but it sounds like Archibald has some personal things to attend to. The article said:

“Yesterday, I was informed by Josh’s agent, and by Josh himself in a subsequent conversation, that he was not planning on playing hockey for the time being and that he would not be reporting to training camp. Consequently, Josh was placed on unconditional waivers earlier today for the purpose of terminating his contract.

“We wish Josh, his wife Bailey, and their entire family the very best in their future endeavors.”

So how does this work with his salary ? Does he still get the money ? I know he won't count against the cap but does he get any of the money ?

 

[Mrfenn92]

Hopefully he’s alright

 

[Marc the Habs Fan]

So how does this work with his salary ? Does he still get the money ? I know he won't count against the cap but does he get any of the money ?

The contract doesn't exist anymore, he gets nothing.

 

[McDNicks17]

So how does this work with his salary ? Does he still get the money ? I know he won't count against the cap but does he get any of the money ?

He didn't have a signing bonus, so probably nothing.

 

[serp]

The contract doesn't exist anymore, he gets nothing.

So they filed for breach of contract because he's not planning on playing hockey or something ?

 

[CupsOverCash]

Yeah, it is weird, but it sounds like Archibald has some personal things to attend to. The article said:

“Yesterday, I was informed by Josh’s agent, and by Josh himself in a subsequent conversation, that he was not planning on playing hockey for the time being and that he would not be reporting to training camp. Consequently, Josh was placed on unconditional waivers earlier today for the purpose of terminating his contract.

“We wish Josh, his wife Bailey, and their entire family the very best in their future endeavors.”

Wow hope he and his family are ok..

 

[Boom Boom Apathy]

So they filed for breach of contract because he's not planning on playing hockey or something ?

It sounds like it was his (Archibald's) decision to not play though, so they are just terminating the contract, which is allowed in situations like this.

 

[crazy8888]

It sounds like it was his (Archibald's) decision to not play though, so they are just terminating the contract, which is allowed in situations like this.

Its a good rule. No way should a team be punished for players personal decisions.

 

[Maurice of Orange]

Bold move by Josh Archibald to mutually terminate a two year NHL deal with a modified 15 team no trade clause.

He is the last of the Archibald’s in the NHL.

 

[General Disarray]

Hopefully he invested that money bc his hockey career is over. Unless he plans on working retail or something to take care of bills

 

[Ezpz]

31 in October so missing a year at this point in time probably unlikely to return.


$6.8 before escrow which in recent years has been high to repay the owners. So take home after escrow is more than likely to be under $6 mill. Gives him a good start on the next chapter of his life if he took care of the money he made.

Again, 6 mil is more than 99.9% of the world will see in lifetime earnings including inherited property and assets. That is enough money to do anything you want in life except become an oligarch.

 

[ItWasJustified]

Hopefully he invested that money bc his hockey career is over. Unless he plans on working retail or something to take care of bills

The NHL isn't the only pro league in the world. But if he takes a year off and tries to come back, he'll probably have to settle for a second rate European pro league or try to grab a veteran spot on a AHL team.

 

[Czechboy]

Not shocked tbh. Obviously, I hope he's okay.

 

[TheNumber4]

How was he in Pittsburgh last year anyways?

 

[BlindWillyMcHurt]

How was he in Pittsburgh last year anyways?

Injured a lot but not too bad. Better than I think most of us expected but nothing the team is going to miss much, either.

 

[Treb]

Hi guys, let's not start the covid discussions. We know how those end up.

 

[Sidney the Kidney]

How was he in Pittsburgh last year anyways?

Your run-of-the-mill 4th liner who hits and hustles, but didn't really bring anything that will be missed or can't be easily replaced by a similar type of player.

 

[elitepete]

So Motte was signed to replace him?

Motte is much better anyways.

 

[rt]

Hopefully he’s ok. Dude always worked his tail off.