News Article: All-Purpose Evander Kane Discussion Pt III: Kane signs w/Oilers. Retroactive settlement no cap penalty

[Gecklund]

This is so dumb. The league said the Sharks had grounds to cancel the contract. They shouldn’t have to pay shit. If anything the league should have to.

 

[Munnyro]

Glad it is over either way. In the words of the illustrious Bob Seger, "Turn the page."

 

[seroes]

If it's just 3 years at 833k I take that and run. We get cap certainty while we tank. We got rid of a locker room cancer and now can focus on the remaining bad contracts and gaining cap space. Next up Labanc

 

[Herschel]

I'm betting $2.5 million in cash and cap hit (possibly only for this year, possibly split over three years).

I am thinking it will be over 6 years.

I just don't see a scenario where the Sharks go this far and then end up with anything they consider as a bad deal.

 

[seroes]

More like the Sharks got away scot free with an insignificant cap penalty and should look into terminating Karlsson, Vlasic and Couture’s contracts as well.

Sadly I think we only get 1 get out of jail free card. Unless you are talking about standard buy outs, in which case I would rather just let as many years as possible fall off before using that option.

 

[Reggae Shark]

GMMG is officially owed a "favor" for bending over after NHL greenlighted. 1OA next year is fair.

 

[weastern bias]

Did we just get away with one?

 

[Gecklund]

No cap penalty

 

[Kcoyote3]

Oh now that's a f***ing win.

 

[seroes]

Did we just get away with one?

Sounds like the payment will be one lump sum and be applied to last year's cap. That's even better for us.

 

[wishman]

Did we just get away with one?

Yep, sounds like retroactively applied to last years cap space.

 

[Alaskanice]

Did we just get away with one?

Whatever it took. Run for the hills and wash our hands of this. Great for the Sharks.

 

[Herschel]

Sounds like the payment will be one lump sum and be applied to last year's cap. That's even better for us.

Make sense when you consider that the Sharks have been somewhat stuck in limbo with their cap AND this issue should have been addressed at the league level last season.

 

[TheBigDrunkPanda]

The PA and the league got creative with this one lol

 

[weastern bias]

Holy f***ing shit, huge W

IT'S OVER!

 

[Herschel]

The PA and the league got creative with this one lol

I think they really needed to. There are a lot of signs that pointed to a favourable decision for the Sharks and might have opened pandora's box.

 

[weastern bias]

I can't wait until the hockey world gets pissed that a team rightfully cut a player who committed multiple material breaches of contract in a 12 month span and managed to parlay it into exact zero competitive advantage but didn't get punished for it

 

[seroes]

I can't wait until the hockey world gets pissed that a team rightfully cut a player who committed multiple material breaches of contract in a 12 month span and managed to parlay it into exact zero competitive advantage but didn't get punished for it

Watching this board freak out over it will be glorious.

 

[Herschel]

I can't wait until the hockey world gets pissed that a team rightfully cut a player who committed multiple material breaches of contract in a 12 month span and managed to parlay it into exact zero competitive advantage but didn't get punished for it

This will be the overlooked part of retroactively applying it to the cap.

 

[STL Shark]

About as good as you can hope for as a Sharks fan. Saga is over, it's not our money being spent, and has no effect on the team now or ever really. Solid A on my grading scale to the organization and their lawyers. Also thanks to Edmonton for being dumb enough to sign him to that large of a contract and give us an easy out.

 

[Alaskanice]

Does this help us with the cap this season??

 

[Cas]

Does this help us with the cap this season??

Not really, except in the sense that it doesn't bite into our limited cap space.

I'm currently projecting our opening the season with $1,829,999 available, though the real figure will depend on exactly which ELCs and smaller contracts make the roster.

 

[weastern bias]

Does this help us with the cap this season??

Certainly doesn't hurt us

 

[sharski]

Sharks should 100% own this as cheating the system and continue to embrace the heel role

They will get major heat for this from all other teams' GMs

GMMG: "Other GMs will probably their greasy, fat little fists on the table in protest but I don't really give a shit them or their idiot fans."

Crowd: *Boos*

GMMG: "SHUT UP"

 

[weastern bias]

Imagine paying a cap penalty for terminating a player contract over their legal troubles at the border

Wouldn't be us. . .