Value of: Dion Phaneuf

[volcom92886]

Blake alluded to a potential buyout, Phaneuf is the only Kings contract that a buyout would make sense for.

 

[bobbyb2009]

Just throw hookers at him until being married is no longer an issue

But it is E. Cuthbert ???

 

[DudeWhereIsMakar]

Dion for Lucic?

Could dump Dion to the Ducks or Coyotes.

 

[Mike Smith]

As I understand it ...
Phaneuf is French for Expensive Pylon

 

[Mike Smith]

LA should send Dion back to the Leafs

 

[kilowatt]

LA should send Dion back to the Leafs

ok

 

[Liferleafer]

LA should send Dion back to the Leafs

ok

For Marleau+Zaitsev. And with 50% reatained on Dion.

 

[qqaz]

Does anyone know the specifics of what happens when a player is bought out traded with retention when a different team is already retaining salary?

My assumption is that each team takes the same percentage of the new buy-out cap hit. So if Dion is bought out, LA takes %80 of the resulting number, and Ottawa takes on the other %20.

What about retaining salary a second time for the same contract? I know you can't retain more than half of a contract. So for Dion, can LA only retain an additional %30? Meaning that between them and Ottawa half of the contract is being retained. Or can LA retain a full %50 of their obligation?

 

[kilowatt]

For Marleau+Zaitsev. And with 50% reatained on Dion.

the hardest of passes

 

[kilowatt]

Does anyone know the specifics of what happens when a player is bought out traded with retention when a different team is already retaining salary?

My assumption is that each team takes the same percentage of the new buy-out cap hit. So if Dion is bought out, LA takes %80 of the resulting number, and Ottawa takes on the other %20.

What about retaining salary a second time for the same contract? I know you can't retain more than half of a contract. So for Dion, can LA only retain an additional %30? Meaning that between them and Ottawa half of the contract is being retained. Or can LA retain a full %50 of their obligation?

Each team can only retain 50% of the contract. In theory, a player making $8 million could be traded and the initial team could retain $4 million. That team could then trade that player and retain $2 million.

Team A would be on the books for $4 million, Team B for $2 million, and Team C for $2 million.

If Team C buys out the contract, Team A is on the hook for 50% of the buyout, while Teams B and C are responsible for 25% each.

 

[qqaz]

Each team can only retain 50% of the contract. In theory, a player making $8 million could be traded and the initial team could retain $4 million. That team could then trade that player and retain $2 million.

Team A would be on the books for $4 million, Team B for $2 million, and Team C for $2 million.

If Team C buys out the contract, Team A is on the hook for 50% of the buyout, while Teams B and C are responsible for 25% each.

That's exactly what I wanted to know. Thank you!

Seems to me that a trade at %50 retention would be better for LA, then. If they can make that happen, of course. Dion's cap hit is currently 5.25* for 2 more years. And a buyout (according to capfriendly) would leave 4 years with a cap hit of just about 3, 5.5, 1.5 and 1.5 million.

%80 of that being LA's responsibility would leave about:
2019-20: 2.4
2020-21: 4.4
2021-22: 1.2
2022-23: 1.4

Better to retain 2.6 (half LA's cap hit) for the next 2 years than get stuck with that. So the questions left are; who would take Dion at 2.6 million for 2 years? Could he bring back a return? Could LA find a taker who would let them retain less?

LA would undoubtedly find those answers before buying out Dion.

*all my numbers are rounded slightly

 

[Leaf4Life79]

For Marleau+Zaitsev. And with 50% reatained on Dion.

nah, we're good thanks!

 

[Groo]

As I understand it ...
Phaneuf is French for Expensive Pylon

LOL, And here I though it ment finished

 

[Torontoborn]

Our first rounder.

We're better off waiting another year then buying him out.

In the meanwhile, we should be playing him 30 minutes a night to ensure another top 5 pick.

How the mighty have fallen! This guy was a stud in junior and playing for team Canada at world junior championships. He also played well for the flames until a couple of years before he was traded. Now look at him!