News Article: Prior to Holland’s hiring, the Oilers were considering a Milan Lucic buyout

[ThreeOfAPerfectPair]

31 Thoughts: Intrigue around NHL Draft starting to take shape - Sportsnet.ca

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[belair]

Who? When?

 

[guymez]

31 Thoughts: Intrigue around NHL Draft starting to take shape - Sportsnet.ca

I feel a lot more confident with Holland at the helm instead of Chiarelli. Lord only knows what stupidity Chia was trying to peddle when it came to Lucic.
His number 1 priority would likely be to try and save face.

 

[edmoil3]

Who? When?

The Boys of old club

 

[McDNicks17]

That would have been such an Old Boys move.

Make a terrible cap situation even worse to "shake up the room".

 

[ThePhoenixx]

Another example of their incompetence.

 

[Stud Muffin]

Just pay him under the table to retire.

 

[PBandJ]

Buying out a buyout proof contract would have been such an Oilers thing to do.

 

[Captain Controversy]

Lucic should just go in the LTIR. Take up broadcasting. Lol

 

[Cloned]

Lucic should just go in the LTIR. Take up broadcasting. Lol

I think he'd actually be worse at broadcasting than at playing hockey right now, which is saying something.

 

[Fourier]

I feel a lot more confident with Holland at the helm instead of Chiarelli. Lord only knows what stupidity Chia was trying to peddle when it came to Lucic.
His number 1 priority would likely be to try and save face.

Does Friedman not understand how buyouts work? There is no cap relief in years 5-8 but rather a cap penalty.

 

[ThePhoenixx]

Does Friedman not understand how buyouts work? There is no cap relief in years 5-8 but rather a cap penalty.

Maybe he thought Lucic had eight years left on his contract.

 

[yukoner88]

Does Friedman not understand how buyouts work? There is no cap relief in years 5-8 but rather a cap penalty.

Usually the penalty is significantLy lower than the cap hit of the contract though, which is why it would be referred to relief. I don't think.most people realize how bad those cap hits would be though in a lucic buyout. There's no relief at all.

If Chia was the one pondering to do the buy out, I wonder if that's when Katz told Nicholson to turf him.

 

[BarDownBobo]

Usually the penalty is significantLy lower than the cap hit of the contract though, which is why it would be referred to relief. I don't think.most people realize how bad those cap hits would be though in a lucic buyout. There's no relief at all.

If Chia was the one pondering to do the buy out, I wonder if that's when Katz told Nicholson to turf him.

There's relief in years 1 and 3 of the buyout, but having only the 625k in years 4-8 is manageable. If I'm not mistaken had the contract just been the standard 6m per year a buyout would leave 2m as a cap hit for 8 years. I think there's a certain angle that might make the structure of his contract more palatable to buyout......

 

[48g90a138pts]

OMG! Management thought buying out his contract would have been a good thing!

Year 2 and 4 of the buyout is a complete waste.

If a deal can't be done this year, next offseason he'll be massively easier to move. The mistake has been made. Live with it.

The savings in year 1 and 3 doesn't offset the lack of savings in year 2 and 4. Years 5-8 are chump change but still doesn't justify it. There's a reason everyone saying the contract is buyout proof.

If this info is legit I might start worrying management is back in desperate gotta win now mode, which is the whole reason Chiarelli's plan bombed in the first place.

If management is worried their jobs are on the line f***ing get rid of them. If they're desperate their judgment is clouded.

 

[MaxR11]

the obc and old management......

 

[McDNicks17]

Yeah, I thought that was funny too.

Says the true cap relief is in years 5 to 8 when those are actually the only years of the buyout where they’d be paying more than if they didn’t buy him out.

 

[Faelko]

So he gets bent over in just about every deal he makes but plays hard ball when it comes to moving Lucic?

“One year ago, other clubs said Edmonton’s asks were unrealistic.”

 

[McTonyBrar]

I feel a lot more confident with Holland at the helm instead of Chiarelli. Lord only knows what stupidity Chia was trying to peddle when it came to Lucic.
His number 1 priority would likely be to try and save face.

I have no idea why our ask for this garbage bin was high in the first place. He's finished. Take the best deal possible, without asking for a lot, and get rid of that hideous contract

 

[McTonyBrar]

Does Friedman not understand how buyouts work? There is no cap relief in years 5-8 but rather a cap penalty.

Friedman and every other sportsnet fart care about Toronto.

 

[guymez]

Does Friedman not understand how buyouts work? There is no cap relief in years 5-8 but rather a cap penalty.

Good point.
I was focusing more on the reported unrealistic ask for Lucic (by Chia) when it came to a trade.
I honesly dont think a buyout is (or ever was) an option here.

 

[guymez]

I have no idea why our ask for this garbage bin was high in the first place. He's finished. Take the best deal possible, without asking for a lot, and get rid of that hideous contract

I think the best case scenario for Lucic is to trade for another bad contract and gamble that the player coming back has some potential to turn things around.
Lucic might turns things around (likely not) with another team but he definitely wont be turning things around in Edmonton.
He has to go.

 

[McTonyBrar]

I think the best case scenario for Lucic is to trade for another bad contract and gamble that the player coming back has some potential to turn things around.
Lucic might turns things around (likely not) with another team but he definitely wont be turning things around in Edmonton.
He has to go.

Bobby Ryan or Loui Eriksson look like good candidates

 

[5 14 6 1]

I think our only hope is retain at 50% and hope someone takes him for 3 Million

 

[McShogun99]

I'd rather just keep him on the 4th line then buy him out.