Around the NHL, Part 5 -- Offseason

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SundherDome

Y'all have to much power
Jul 6, 2009
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Minneapolis,MN
Point's contract is backloaded. His QO will assure he makes at least $9M AAV on his next deal.
It's like Timo Meier's contract only much better, because who in the world thinks Meier is worth $10M+ per year?
He should be making 9 or more now with jump to 11ish in two years.
 

joshjull

Registered User
Aug 2, 2005
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Hamburg,NY


Winter is coming. More specifically, with no meaningful revenue incoming since mid-March and none on the immediate horizon, hockey’s long winter is approaching amid the uncertainty surrounding the 2020-21 NHL season.

Meetings to slash expenditures, reduce payroll and set internal hockey operations budgets below the salary cap limit have been ongoing for most of the 27 teams in off-season mode.



Sabres related tidbits

The Buffalo Sabres are the only coaching staff to reject a request for a voluntary pay reduction. Sources indicated that the Sabres staff had pay reduced by 20 per cent from April 1 until July 13, at which point they turned down a subsequent request for a 25 per cent reduction.

--Sources say the Sabres are considering an internal salary cap in the low $70 million range; the Arizona Coyotes, who recently failed to make on-time signing bonus payments to a number of players, may be operating just south of $70 million under their next GM; the Pittsburgh Penguins are reportedly planning to budget in the low-to-mid $70 million range on an $81.5 million limit.



The article paints a pretty bleak picture for NHL franchises.
 
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Shootica

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Jan 17, 2013
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Utica, NY
Not just that but the decision to keep the upper limit kicked in at 81.5mil. Players will be getting much more than 50% of league revenues for the next couple years.

I don’t see their gate driven revenue back on track until the pandemic over. That won’t happen this up coming season.

They better start praying to all things holy that we have a vaccine in place by the holiday season. That's probably a very aggressive timeline, but it's their only shot at getting revenues to any sort of normal level.
 
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Buffaloed

webmaster
Feb 27, 2002
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Stars win 3-2 in OT to take a 2-1 lead in the series. Radulov with the winner. Lehner did not look good giving up 3 goals on 23 shots. I expect Fleury to get the next start for the Knights. Khudoben stopped 38 of 40. Sign that guy!
 

OkimLom

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May 3, 2010
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I just can't fathom how a billion dollar company doesn't have a disaster recovery plan/rainy day fund. It is actually absurd.

Why dip into the recovery/rainy day fund when you have alternative ways in which you can trim costs and keep yourself afloat? They can later on hire people for a cheaper rate to help them out down the road if needed.

They can just get some taxpayer funded grants/loans to help them out as well. It's just smart business sense.
 

Beerz

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Jun 28, 2011
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I just can't fathom how a billion dollar company doesn't have a disaster recovery plan/rainy day fund. It is actually absurd.


This isn't a "rainy day" ... It's a monsoon season. The idea that a company can stash away enough money to sustain it for a long term shut down is insane.
 
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Old Navy Goat

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Apr 24, 2003
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Pattaya Thailand aka adult Disneyland
That Bjugstad deal is a real GTFO what with 50% retained for a future 7th. Definitely a low risk, high potential deal for Minn. Interesting for Pitt as its opposite of a 'cost cutting' for internal cap as Bjugstad carried a higher salary than cap
 

joshjull

Registered User
Aug 2, 2005
78,719
40,518
Hamburg,NY
I just can't fathom how a billion dollar company doesn't have a disaster recovery plan/rainy day fund. It is actually absurd.
They had their version of a “rainy day fund” and the owners gave it away with the current CBA extension.

The entire point of all those lockouts was to get player salaries tethered to a percentage (now 50%) of league revenues. The owners just waived it away by agreeing to artificially keep the upper limit at 81.5mil.
 

SundherDome

Y'all have to much power
Jul 6, 2009
14,576
6,760
Minneapolis,MN
This isn't a "rainy day" ... It's a monsoon season. The idea that a company can stash away enough money to sustain it for a long term shut down is insane.
Most teams *should* have a contingency plan if a lockout, strike, global disaster strikes. Some companies have one if the market crashes or if there is a global disaster. It is a way to prepare a little at a time to be able to essentially float for a year until a forecast is available.
 

SundherDome

Y'all have to much power
Jul 6, 2009
14,576
6,760
Minneapolis,MN
Why dip into the recovery/rainy day fund when you have alternative ways in which you can trim costs and keep yourself afloat? They can later on hire people for a cheaper rate to help them out down the road if needed.

They can just get some taxpayer funded grants/loans to help them out as well. It's just smart business sense.
If that is available, sure. But the point is, you should not be asking your employees to take paycuts for a second time or furloughing people.
 

OkimLom

Registered User
May 3, 2010
15,279
6,753
If that is available, sure. But the point is, you should not be asking your employees to take paycuts for a second time or furloughing people.

What’s wrong with asking the employees to socialize the losses while the employers privatize the profits...
 
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brian_griffin

"Eric Cartman?"
May 10, 2007
16,697
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In the Panderverse
There’s the dirt bag Tampa we know so well.
Kucherov... should rhyme with Doucherov...

On the NYI GW goal, a case could be made against Bogosian for getting caught looking flat-footed behind his goal-line instead of taking two strides to the face off dot to give his d-partner a staggered spacing outlet pass. Granted, that’s not the pass which would have been made, but I’m 99% sure that’s what they teach you to help your D-partner. The result was Bogo was a half step late stepping up to Beauvillier who made the pass to Brock Nelson for the GWG. To be fair, McDonagh didn’t acquit himself well on that play either.
 
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