LeBrun: Duncan Keith Has Opted to Retire

[Coffey]

Holland gets incredibly lucky here. Question is does he use his cap space wisely this off-season?

You, me, everyone on HF and Holland all know that the answer is... No.

 

[Bounces R Way]

Danny DeKeyser come on down budday

 

[who_me?]

Is there any team more lucky than the Oilers?

Yet they always manage to screw it up.

 

[Akrapovince]

Is there a CBA clause or related amendment document/memo that actually states this? I've never seen it anywhere.

Yes. It’s cap circumvention. I’ll try to find the official wording and edit it to my post.

 

[PuckG]

Yet they always manage to screw it up.

Despite the screw ups, they still made the WCF. The hope is the next screw up results in the SCF.

 

[Uncle Scrooge]

Surprising he didn't want to play it out.

But if that's what he wants then it's all good. Congrats on the great career.

 

[cg98]

Holland has to not f*** this up for the Oilers, which is borderline difficult for him not to do. The time is now to sink or swim Edmonton.

 

[The Andrew Peeke Fan]

Wakey wakey

 

[Umingmak]

Honestly, the Keith trade doesn’t seem so bad given this news. A year of mentorship for a guy like Bouchard from a first ballot hall of famer seems very valuable.

The problem for the Oilers is that this means they’re going to offer an absurd amount of money to a mediocre goalie like Campbell.

 

[North Cole]

Holland has to not f*** this up for the Oilers, which is borderline difficult for him not to do. The time is now to sink or swim Edmonton.

Yeah he used his 20M mulligan last year. No mistakes this time.

 

[2020 Cup Champions]

Bro, couldn't you have done this before we traded McDonagh?!

 

[AcerComputer]

Yeah it does affect the jobs because on the one end, NHL is making 7M of potential salaries evaporate through the CHI penalty, and then on the other, not honouring the offsetting cap credit from the same system. I'm partially biased since I'd like the extra 3.4M, but it seems objectively sus. Why should the NHLPA have to suck up the cap recapture if the NHL won't let it go the other way too. All this does is mean that the total cap hit of Keiths contract exceceds the cash in the end, which is the first time in NHL history that Final Cap =/= final $ paid (AFAIK).

I agree EDM should get a cap credit. It's not like cap credits don't happen. Maybe EDM can file a grievance or something.

 

[Kryten]

Despite the screw ups, they still made the WCF. The hope is the next screw up results in the SCF.

If Kane comes back maybe

 

[McSuper]

wait so does edmonton get cap relief, remember that they wouldn't get credit if he retired.

They get 5.54 million cap hit offer their books . As the CBA is written they also were to receive a 3.4 million recapture credit. The NHL is saying they won't get that credit however it is written in the CBA and the players union may get involved. NHL likes to change rules as they go.

 

[herzausstein]

They get 5.54 million cap hit offer their books . As the CBA is written they also were to receive a 3.4 million recapture credit. The NHL is saying they won't get that credit however it is written in the CBA and the players union may get involved. NHL likes to change rules as they go.

I can see why the nhl would be fighting the cap credit issue. Just imagine the crazy stuff that can happen with the Shea Weber contract. Last 4 years are 3M, 1M, 1M, and 1M. I mean if he retired for that last season vegas could end up with 18M in cap credit. Probably want to put a stop to it before some gms get some crazy ideas

 

[GermanSpitfire]

Don't foresee Chicago being a Cap team the next 2 years - doubt they care at all.

 

[Okanagan]

I can see why the nhl would be fighting the cap credit issue. Just imagine the crazy stuff that can happen with the Shea Weber contract. Last 4 years are 3M, 1M, 1M, and 1M. I mean if he retired for that last season vegas could end up with 18M in cap credit. Probably want to put a stop to it before some gms get some crazy ideas

I fully expect Bettman to flip 180 on this when Vegas is in that position and give them the full cap credit.

 

[Homesick]

I fully expect Bettman to flip 180 on this when Vegas is in that position and give them the full cap credit.

He'll force Vegas to trade Weber to the Coyotes

 

[StreetHawk]

They get 5.54 million cap hit offer their books . As the CBA is written they also were to receive a 3.4 million recapture credit. The NHL is saying they won't get that credit however it is written in the CBA and the players union may get involved. NHL likes to change rules as they go.

So is Chicago just eating the difference between his cap hit and what he is owed on the final year of his contract which was $1.5 mill? If not, that seems odd given that Keith counted $5.54 against the Oilers cap last season.

What I’m happy about is that I don’t have to hear Canucks fans moan and complain that they are the only ones to get hit by recapture.

 

[crowi]

It's stupid that teams are punished for contracts that were signed BEFORE the new CBA.

Absolutely, but it's a bush league compared to many others.

 

[me2]

This is chicago cap recapture penalty

Should have been limited to the amount outstanding when he retired. Overcharging on the cap recapture is dumb. Total cash = total cap hit. Now there is the gap due to overcharging....

 

[me2]

They get 5.54 million cap hit offer their books . As the CBA is written they also were to receive a 3.4 million recapture credit. The NHL is saying they won't get that credit however it is written in the CBA

Isn't the wording recapture penalty. Giving a team $3.4m isn't a penalty.

and the players union may get involved. NHL likes to change rules as they go.

I doubt they really care. They are so deep into escrow territory giving more cap to allow Edmonton to spend more just decreases the take home pay of the players on other 31 teams.

 

[TheNumber4]

Good luck to Keith in retirement. What a player and what a warrior. Complete Class Act in Edmonton.

Brought exactly what we needed. A Top 4D who could bring some veteran leadership and Cup swagger. Great puck movement and mentor ship for Bouch. Helped us get over the hump and win some series. Edmonton got everything we could have hoped for out of this deal. We regret nothing.

Also, big L to all the dumbasses that thought Chicago should have retained on this trade. Now they have 5.5M bad cap and 1.9M bad cup on their books, and the risk of this happening was ALWAYS known when the deal was initially negotiated. Oh they also got nothing prospect Caleb Jones and a 3rd. Not too much to pay for a legit Top 4 dman.

 

[StreetHawk]

Should have been limited to the amount outstanding when he retired. Overcharging on the cap recapture is dumb. Total cash = total cap hit. Now there is the gap due to overcharging....

Seems odd to do it this way given that he was due $1.5 mill and was supposed to count $5.5 mill. Edm took a $5.5 cap Charge last season. Why is there a charge of $1.9 mill in 23/24? Al but $3.8 mill hit the salary cap…. Weird.

 

[McSuper]

I agree EDM should get a cap credit. It's not like cap credits don't happen. Maybe EDM can file a grievance or something.

They probably will but the NHL will drag it until next year than say oh sorry you should’ve got it last year. We apologize. But you can’t have it this year.