LeBrun: Loui Eriksson on the market!

[Qwijibo]

Okay I'm curious what you think Virtanen's stand alone value would be.

I also can't tell if you're a Canucks fan or a Senators fan lol. I don't see giving up a 5th to take a flyer on a player that was on pace to hit 20 goals last year and a roster player that averages 2.5 million the next 2 years as a big deal.

I’m a Montreal fan who lives in BC and watches every Canuck game. Virtanen on his own? Tough to say. He had a decent year BUT a terrible RTP. He has tools but seems to lack hockey IQ and real commitment. He’s a RFA with arbitration rights. That probably lowers his value. Because of the time if of the arbitration period this year there’s a good chance they’ll get an arbitrator who has no experience with the NHL.
There’s also been a change to arbitration rules this year. Once arbitration has begun for a player they can’t come to a deal on his own (unlike other years). There’s also a minimum (last year it was $4m) that a team is not allowed to walk away from. Ottawa may not want to take a chance on getting stick with an award they consider too high.

in a vacuum I’d say his value is a 2nd and a 3rd. But in a flat cap world cap space is worth a lot. Teams will line up with attractive offers to take advantage of Ottawa’s cap space. Offering a player with as many question marks as Virtanen to eat up $12m of cap (spread over 2 seasons) doesn’t seem like a reasonable ask.

Ottawa can hit the cap floor easily without worrying about taking on an albatross contract. Even if the real dollars are lower than the cap hit.

 

[mouser]

yes, that's what I meant (I havent looked at the buyout money). I thought that the money owed was related to the buyout cap... apparently not

The buyout cap is basically buyout money paid + the difference between the players cumulative compensation before the buyout vs the cumulative cap hit.

Front loaded contracts will have proportionately larger buyout cap hits then back loaded contracts. The principle being that teams shouldn’t be able to skirt the cap by front loading a contract and buying out the player later.

For example, with Loui, as of now he’s been paid $28m vs a cumulative cap hit of $24m (4x $6m). That $4m difference will be added into the total buyout cap hits.

 

[Canuck86]

I thought about that after posting but decided to leave it. Reuniting Carter with Pearson and Toffoli could be a positive, and the Canucks spend a lot less in real dollars. I wonder if adding another cap dump (Baertschi? Beagle?) and removing one of the prospects from LA's side would make this more enticing for Vancouver.

Maybe something like Carter and Kupari for Eriksson, Baertschi, and Podkolzin? I dunno, just throwing stuff out there.

Would you retain on Carter?

 

[Stuzchuk]

The buyout cap is basically buyout money paid + the difference between the players cumulative compensation before the buyout vs the cumulative cap hit.

Front loaded contracts will have proportionately larger buyout cap hits then back loaded contracts. The principle being that teams shouldn’t be able to skirt the cap by front loading a contract and buying out the player later.

For example, with Loui, as of now he’s been paid $28m vs a cumulative cap hit of $24m (4x $6m). That $4m difference will be added into the total buyout cap hits.

thx for the explanations, I'll read a bit more on that when the 2020 CBA gets out on pdf

 

[dbaz]

the only way i see the canucks getting rid of him without overpaying is if hes the cap dump going back in part of a bigger deal. say if there were to chase a dman, dumps are commonly included to even out salaries, and his would be great for a team like az/fla/buf who dont care about the cap hit, but the money owed

 

[kilowatt]

Would you retain on Carter?

I would, depending on the offer.

 

[MarkovsKnee]

Aren’t Montreal burying Alzner’s contract in the minors?

Yes, hopefully, he comes to his senses and retires. He's crap.

 

[McJedi]

Nothing.

Then enjoy keeping Loui. He’s all yours Vancouver. His agent will find no takers.

 

[Siludin]

Cheering so hard for JP Barry right now

 

[lawrence]

Jim Benning's phone is ringing off the hook! don't miss out boys!

 

[Siludin]

So he wasn't already on the market? Barry literally did radio interviews last summer saying they all hands were on-deck looking for a new home for LE.

This isn't a newsflash. But if the Canucks can actually ditch Eriksson's contract, THAT will be newsworthy.

I think agents play a huge part in 3-team trades unfolding.

 

[Peter Griffin]

Then enjoy keeping Loui. He’s all yours Vancouver. His agent will find no takers.

That’s fine, nobody expects any different.

 

[McJedi]

That’s fine, nobody expects any different.

No. They don’t. Seven pages of posts + for not. His agent, after spending 3 minutes calling around and getting laughed at quit trying a while ago.

 

[Peter Griffin]

No. They don’t. Seven pages of posts + for not. His agent, after spending 3 minutes calling around and getting laughed at quit trying a while ago.

Yep.

 

[Eggtimer]

Loui and Boeser to NJ

To Van C :
18 and 20 pick overall 2020
one or more of Gusev Bratt McCleod Boqvist Butcher Zacha Wood

So .. just like about 80% of trade proposals on here , a decent piece (the two firsts ) plus a bunch of “meh” for a stud and a cap dump

let’s do it !

 

[thefutures]

Loui and Boeser to NJ

To Van C :
18 and 20 pick overall 2020
one or more of Gusev Bratt McCleod Boqvist Butcher Zacha Wood

So .. just like about 80% of trade proposals on here , a decent piece (the two firsts ) plus a bunch of “meh” for a stud and a cap dump

let’s do it !

That is terrible for NJ

 

[deckercky]

Eriksson may be traded this season to move cash. Cap space is at a premium, but we've also never seen a season where so many teams were trying to cut down their cash output. The fact that eriksson is only costs $1m this season matters, and the canucks may be able to upgrade eriksson into a better, potentially lower cap hit, high cash player.

 

[lawrence]

it seems like JP Barry is just pretending to work hard, to advertise himself for future clients.

 

[Peter Griffin]

Loui and Boeser to NJ

To Van C :
18 and 20 pick overall 2020
one or more of Gusev Bratt McCleod Boqvist Butcher Zacha Wood

So .. just like about 80% of trade proposals on here , a decent piece (the two firsts ) plus a bunch of “meh” for a stud and a cap dump

let’s do it !

Not the type of trade the Canucks should be making at this point but the value is so lopsided in their favour I’d do it and then sign two of Toffoli/Hoffman/Dadonov with the extra capspace. Plug Bratt and Zacha into our bottom 6 and add two 1sts in a deep draft and the Canucks are laughing.

 

[Canucks LB]

How does that work? Last I checked teams still have to pay players in the minors.

Not sure, I think its bonuses

 

[Bankerguy]

What about an Eriksson for Bobby Ryan swap w/ Ottawa retaining.
They save like 7 million in cash and have Tons of cap space. Both players dont bring much to the ice at this point
One team saves cash, the other cap space

 

[tsujimoto74]

Loui Eriksson to Utica for $1.075M in capspace.

This is by far the best offer Vancouver's gonna get for him. I can't imagine dumping him for 2 years in the current environment would cost anything less than 2 unprotected 1sts.

 

[Canucks1096]

There are 2 type of moves if you want to get rid of Eriksson. If you don't want a bad contract back or keep some of Eriksson salary, you will need to pay a premium to get a team to take Eriksson contract. There might not be a team out there that is willing to do that and I don't think Benning wants to give up a premium asset.

Another one is you take back a bad contract that's less and pay a smaller asset. Teams have internal cap might actually benefit the Canucks since Eriksson contract is only 4 M in real cash. Benning needs to find an internal cap team that has a bad contract and let's say that player has 2 years left, about 3 to 4 M in cap/cash as well. Perfect trade partners, Canucks save in cap space and other team saves in real cash. Win win for both parties, if that player is better than Eriksson. Then Benning will need to give up a small asset as well. It is definitely possible Eriksson will be traded

 

[Qwijibo]

Most of the contract is paid off, he can be buried in the minors for free (actual $ not cap)

That’s not remotely correct. He has a one way contract. So he gets paid the same regardless of if he’s in the minors or the AHL. There are two significant differences.

1) His cap hit to Vancouver will be reduced by approximately $1.1m (leaving a hit of just over $4.9m)

2) His salary won’t be subject to escrow while he’s in the minors. So if he spends the entire season in the minors he’d save on the entire 20% escrow the players are facing this season

 

[David71]

crosses fingers loui is gone with no rentention at all. team b. gives use a cap dump similar with a year left or so. + 2 picks like a 6th and 7th. for him.