No, actually, Zubie was known as Space Junk..err...2, I think.
right, BleedRed?
Was a great Devil. Full respect to a true pro.
It's sad to see the disrespect he get's in his farewell thread.
All the best, Zubie.
Ya I think we can cool it on the bashing. Everyone knows age caught up with him and he doesn't have it anymore, and this was the right move.
This shouldn't cloud the fact that when he was going he was a great player for us. I would take two or three Prime Zubs if we could find them.
Yeah, don't get the incessant bashing. These players are human beings, not avatars in a video game.
Zubrus was a worthwhile Devil for a long time and his game declined as he got older. Nothing too out of the ordinary.
So his full cap hit stays on the books for this season (2015-2016) and also for next year (2016-2017)??
Is that correct?
No, just a full hit this year - nothing on next year's books. He gets paid 2/3rd of his salary this year (thus saving about $1M in real money but no savings to cap and it give us one additional contract and of course roster space).
No, just a full hit this year - nothing on next year's books. He gets paid 2/3rd of his salary this year (thus saving about $1M in real money but no savings to cap and it give us one additional contract and of course roster space).
buyouts extend past the contract term and the cap hit changes too.
http://www.spotrac.com/nhl/tools/buyout-calculator/dainius-zubrus-1876/2015-07-30/
According to various sources a couple days ago including TG, because it was a 35+ buyout the team still gets all the cap hit this year - but none after. It's with non-35+ deals it still gets partially spread over two years.
Is this a new post-compliance buyout rule? I've never heard of not spreading out the term to more years than the contract called for. That website obviously hasn't either.
We need capgeek back up and running. I trusted that site.
Teams are entitled to buy out player contracts for a portion of the remaining value of the contract paid over a period of twice the remaining length of the contract. Following are the buyout amounts:
- Younger than age 26 at the time of buyout, 1/3 the remaining value
- Age 26 or older at the time of the buyout, 2/3 the remaining value
When a player is bought out, the team still takes a cap hit for the player over a period of twice the remaining length of the contract. The amount of the cap hit (by year) is determined as follows:
1. Take the actual salary due for each remaining year
2. Take the Averaged Player Salary (cap hit) for the current contract
3. Calculate the buyout amount (as described above)
4. Spread the buy-out amount evenly over twice the remaining years of the contract
5. Take the number in No. 1 and subtract the number in No. 4. This is the “buyout savings.”
6. Take the cap hit from No. 2 and subtract the buyout savings from No. 5.
This calculation is done for each year, meaning the buyout cap hit is not necessarily the same for all years. It can even be negative, meaning a team can receive a credit.
This formula also applies to 35-plus contracts.
In order for a team to execute a buyout, the player must first clear unconditional waivers. A waiver claim by another team pre-empts the buyout process. Players with no-move clauses can reject the option of waivers and proceed immediately to a buyout.
Is this a new post-compliance buyout rule? I've never heard of not spreading out the term to more years than the contract called for. That website obviously hasn't either.
We need capgeek back up and running. I trusted that site.
Because Zubrus' contract was an age 35-and-over deal, however, the full $3.1 million will count against the Devils' cap in 2015-16 and then come off their books (though they will paying him the remainder of his buyout in 2016-17).
as of last year this was the formula. When did it change?
Capgeek page is still live: http://capgeek.org/nhl-salary-cap-faq-how-do-buyouts-work/
what a completely ridiculous attitude to have.
I've seen your posts everywhere and you almost always go to the extreme on overreaction and ridicule of whoever posts something that u don't agree with. If your looking for a rise here, you win, partially. It just gets old after a while.
I've been a fan of this team for a long, long time. There's nothing about Zubrus' game, personality or performance that will have me miss him. At all.
That being said, moving on. It's about time we're rebuilding because we've sucked for long enough.
Was a great Devil. Full respect to a true pro.
It's sad to see the disrespect he get's in his farewell thread.
All the best, Zubie.
So now if Zacha makes the team, I can see him being given #8 for some reason.....