Lunatik
Registered User
- Oct 12, 2012
- 56,251
- 8,384
Yes, we wanted Neal gone.IMO, the factor for the Flames was probably the real money saved and not having to give up any future's whatsoever to rid themselves of Neal.
I'm guessing they wanted Neal gone, refused to pay teams to take him with futures (picks/prospects/young players) and also refused to take on bad salary that cost more real money now or than Neal's buyout. The benchmark was probably the total cost of a Neal buyout ($15,333,333) plus the least amount of cost to put another player on the roster in his place (at least around $3M over 4 seasons).
After the Oilers paid Lucic's bonus for the coming season, and with the retention factored in, the Flames are on the hook for $14M in real money over the next 4 years. That's slightly less than Neal's $15M+ buyout and obviously less than the $23M due to him without it.
FWIW, a lot of that cost is a bit deferred as well. For the duration of the coming season, in real money the Flames will pay Lucic only $2.25M vs either Neil on the roster ($5.75M) or a Neal buyout and an additional player making at least league minimum in his place (at least $2,616,667). Even when you throw in Lucic's $2.5M bonus due on 7/1/20, The Flames still save $1M in real money over the next calendar year vs retaining Neal ($4.75M vs $5.75M).
Given the likely costs associated with their ongoing arena negotiations, maybe opening up that operating capital was valuable in ownerships eyes?
So yea...
From the Flames fans perspective.... A clear loss
From their hockey teams perspective.... Negligible to a draw
From Eugene Melnyk's (and CSEC) perspective... a clear WIN
Yes, we weren't going to give up assets to dump him.
No, it wasn't about money. That was likely just a bonus.
It was done because the Flames are soft like warm butter, we only had 2 guys that threw their body around with regularity and we lost one of them in free agency. Lucic filled that need and had a bad enough contract that it made it possible.