Rumor: Kostitsyn put on waivers; Heading to KHL?

[PredsV82]

Meh, I'm not happy with it either, but I'll get really pissed when there is concrete evidence to show we could have had X player had we only had that extra cap space.

I'm still trying to determine if it is the full $3m, or if it is $3m - $900k. The "league minimum plus $375,000" provision could simply mean for players going to the AHL, but the CBA does say playing "in another professional league." To me that is black and white. If your player, who is under contract, is loaned to any professional league at all then your team is on the hook for his cap hit minus $900k (until the league minimum goes up).

Also, it seems as though if the Club is on the hook for the cap hit then the contract will not be tolled. That would, in effect, mean that Kostitsyn's cap hit would be applied to the Predators for as long as he remains in another professional league, which makes absolutely no sense.

the league minimum plus 375K is designed to give you some cap relief for the person who takes the loaned players place on the roster

 

[ThirdManIn]

I doubt that would fly with the NHL. That is basically cap circumvention.

As far as mutual termination goes, I'm beginning to think that's not kosher either. Maybe there are certain circumstances that must be met before you can take that route? I dunno.

I actually really like this new CBA rule. No more burying your mistakes in the minors or Europe. Luckily, this will have no effect on us since we don't spend to the cap anyway.

I guess they could have waived him, though if no one picked him up we would be right back here.

 

[glenngineer]

He's signed to play here. Much like Philly paying the Euro team recently for the Swiss player, the KHL team has to pay the Preds X amount of dollars to have him play for their team. The price is $2.1 million dollars if they want him. If they don't want him then we don't let him go and put him on the suspended list for the season for non-compliance to play out the final year of his contract. We shouldn't be bending over backwards to make it work for him. We shouldn't be penalized for the cap or salary hit if he wants to leave. Go and sign overseas but it has to be on our terms, not his.

 

[29dryden29]

We took very little risk, and he was a pretty good player for us for two years. I'm not eating any crow at all.

Besides, I seem to recall your issues with him were more off the ice issues than anything else. He didn't have any off the ice issues here. So he wants out? That's fine. He seemed discontent with being here, so let him go.

We got all the mileage out of him we needed.

I will say he played well his first year in MTL but then dropped way off in subsequent years. Till contract renewal time. There was a reason he kept only getting one year deals in MTL not just his off ice antics.

 

[29dryden29]

He scored 23 goals here after he left. It was sour grapes.

LOL not even close I wanted him gone in MTL before he even got there after his time here in London with the Knights.

 

[101st_fan]

If he is loaned to the KHL, the contract year counts and he becomes a UFA next summer. No different than when Huet was "loaned" to a Swiss team while under contract to the Hawks as far as contract impacts ... the only thing that changed is the cap implications.

 

[ThirdManIn]

He's signed to play here. Much like Philly paying the Euro team recently for the Swiss player, the KHL team has to pay the Preds X amount of dollars to have him play for their team. The price is $2.1 million dollars if they want him. If they don't want him then we don't let him go and put him on the suspended list for the season for non-compliance to play out the final year of his contract. We shouldn't be bending over backwards to make it work for him. We shouldn't be penalized for the cap or salary hit if he wants to leave. Go and sign overseas but it has to be on our terms, not his.

Whether they pay us or not, his cap hit remains there. I'm not too concerned about it since we aren't losing money, but hey, if they send us a check I'm OK with it.

 

[NoNecksCurse]

**** you poile. this organization is a piece of ****

 

[ThirdManIn]

There is nothing forcing any of us to stick around if we aren't being entertained.

 

[RCola88]

**** you poile. this organization is a piece of ****

Chill man, it isn't Poile's fault. Nobody wants a 3 mil player who can't produce and acts like he doesn't want to be here. Im not a fan of what happened because it leaves a bigger hole for us, but there is no need to talk about your organization like that because of what a player wanted.

 

[Predsrule]

**** you poile. this organization is a piece of ****

The last player to want out and act like this polie brought back ff9.. So if he gets nothing for his one I'd still say he's way up... ... And dude ... ..... Chill

 

[Drake744]

If he's willing to take the cap hit, it gives me confidence that he's ready to spend this summer, because it implies $3 mil isn't a big deal

 

[RCola88]

If he's willing to take the cap hit, it gives me confidence that he's ready to spend this summer, because it implies $3 mil isn't a big deal

That's a good positive note you pointed out. Hopefully that comes true, too bad we couldn't use that $3 mil though.

 

[ThirdManIn]

I see it differently, unfortunately. $3m (actually $2.1m) is no "big deal" because the team isn't actually spending the money; they are simply taking the cap hit. It tells me that, at best, we were planning on being somewhere in the neighborhood of $3m-$4m below the cap ceiling.

We'll see, though.

 

[AtlantaWhaler]

I see it differently, unfortunately. $3m (actually $2.1m) is no "big deal" because the team isn't actually spending the money; they are simply taking the cap hit. It tells me that, at best, we were planning on being somewhere in the neighborhood of $3m-$4m below the cap ceiling.

We'll see, though.

My interpretation as well. Hope we're wrong.

 

[Seth Lake]

I see it differently, unfortunately. $3m (actually $2.1m) is no "big deal" because the team isn't actually spending the money; they are simply taking the cap hit. It tells me that, at best, we were planning on being somewhere in the neighborhood of $3m-$4m below the cap ceiling.

We'll see, though.

I see it this way...the $2.1 million cap hit is money saved over the course of the season. At the trade deadline, after SK74 has already played in the KHL and is ineligible to return to the NHL for this season without clearing waivers first, his contract becomes a buffer piece that can be traded to a team at the cap floor that wants to play their youth and maintain the salary floor or to a top of the cap team that wants to trade away a piece and now has the cap space to take back as part of the return. Maybe you give up an extra pick to move it or the equivalent of "future considerations", but it is $2.1 million in useable space at the end of the season if they need it and actual money saved throughout the course of the season...

 

[jlsg]

I think this is more about what's on the ice at game time then cap hits and contracts. Having a player on the ice that doesn't give a crap can be a lot worse then a 3 mil cap hit. There's no doubt in my mind that Poile has tried to move SK, probably since early last year but I don't see a gm in the league that would take that on. Poile came to the conclusion that this team is better without SK74 on the ice so things like what happened on the PK in Edmonton don't happen again.
I think the team is better off and it's worth the cap hit to have him gone. If he had his attitude right we all know the player he can be, but that shipped sailed and so has SK.

 

[ThirdManIn]

I see it this way...the $2.1 million cap hit is money saved over the course of the season. At the trade deadline, after SK74 has already played in the KHL and is ineligible to return to the NHL for this season without clearing waivers first, his contract becomes a buffer piece that can be traded to a team at the cap floor that wants to play their youth and maintain the salary floor or to a top of the cap team that wants to trade away a piece and now has the cap space to take back as part of the return. Maybe you give up an extra pick to move it or the equivalent of "future considerations", but it is $2.1 million in useable space at the end of the season if they need it and actual money saved throughout the course of the season...

That's a good thought. Let's hope that we need to be able to try to move that cap space at the end of the season

 

[tserberis*]

Just to clear the air a bit:

All those Avangard reports are pure BS!

SK is with Nashville for the next year.

 

[PredsV82]

Just to clear the air a bit:

All those Avangard reports are pure BS!

SK is with Nashville for the next year.

really? because apparently poile has been discussing it with the media

 

[tserberis*]

really? because apparently poile has been discussing it with the media

Really!

Media asked he replied. No discussion.

 

[PredsV82]

Really!

Media asked he replied. No discussion.

well, poile replied in a way that made it sound like it was a done deal, specifically talking about how the Preds would be responsible for his cap hit but not his actual salary

 

[triggrman]

My interpretation as well. Hope we're wrong.

Heck, I would be excited, we haven't been close to the cap lately. And that would mean we're planning on spending another 10M on salary.

 

[AtlantaWhaler]

Heck, I would be excited, we haven't been close to the cap lately. And that would mean we're planning on spending another 10M on salary.

After RFA's are paid, a backup is signed, and the #4 pick gets his payday, I figure we will have about $7m in space ($12.1 now/$1.6 to Spals and Brennen/$1.5 to backup/$2 to #4).

 

[Infinite Jest]

@TSNBobMcKenzie
NSH's Sergei Kostistyn also on unconditional waivers but it could be for mutually agreed to termination of contract as opposed to buyout.

Mutual termination would be awesome.