Speculation: Rangers cap crunch

[TomasHertlsRooster]

This looks like the likely thing to happen, except trading Namestnikov or Strome wouldn't be pretty.



Namestnikov isn't a sweetener, it costs to move him. People don't seem to realize how few teams out there are in a position to take on cap, and some of them might not even want to. Melnyk doesn't want to spend money now that he's hit the cap floor, Shero doesn't seem to want to do these deals and loves his cap space more than anything. Arizona's days of being the savior are long gone. 80% of the league have their own cap to think about and think they can be competitive next year. It only leaves us with a couple realistic options which means they hold all the cards.

If it costs a 1st to move Marleau, asking for a 2nd to take on Namestnikov, considering the market, is completely justified.

Marleau was literally $6.25M in dead cap for a player that needed to be bought out. Namestnikov is $4M for a decent tweener. They could probably retain $1M and get a 7th round pick in exchange for him.

 

[Grand Admiral Thrawn]

I'd love Brendan Lemieux on tje Habs.

 

[PatrikBerglund]

If Lundqvist changes his mind and wants one last chance at a cup, does he have negative value at this point?

 

[SpezDispenser]

How in the world are they even near the cap? That is stunning.

 

[JT Kreider]

How in the world are they even near the cap? That is stunning.

Um, we just added nearly $20 million in cap between Panarin and Trouba

 

[Uncle Scrooge]

It cost a 1st to move Marleau, yet the Lightning somehow got paid a 1st to move Miller who had triple the amount of term.

Miller is a 2nd liner.. how is that comparable

Marleau was literally $6.25M in dead cap for a player that needed to be bought out. Namestnikov is $4M for a decent tweener. They could probably retain $1M and get a 7th round pick in exchange for him.

And the actual dollars with Marleau was a little over 3M. For the Canes the cap hit makes little difference, they have a full roster and over 4M in space.

Namestnikov had 35 pts in 97 games with the Rangers, team that would've given him every chance to play a lot if he earned it. He's useless in a defensive role, and doesn't produce enough on his own. Nobody wants to spend 4M on that, look where Ryan Spooner is now, another former tweener.

His value is negative at this point. If he was a FA he'd have tough time finding anything else than short-term low cost prove me deals.

And it's not even all about him. The value of cap space as of right now is very high. If you have Vegas calling you about taking on Ryan Reaves or Nick Holden or both and the Rangers calling you about taking Namestnikov, you're not going to just pick one to take for free and choose to help one team out. That's not how business works.

Things might change later on, but right now it would be stupid not to play hardball.

 

[nickschultzfan]

Buying out Staal seems like the best option.

 

[JT Kreider]

If Lundqvist changes his mind and wants one last chance at a cup, does he have negative value at this point?

If we retained on him up to 50%, definitely not. Problem is there are barely any teams who need a goalie. Most teams have a bonafide #1 starter they're committed to.

Sabres, Flames, Blue Jackets, Red Wings, Oilers, Devils, Senators and the Canucks are the only ones with question marks in net.

Would never be traded to NJ (and they have BW), Oilers cant afford him, Wings and Senators are rebuilding, Canucks have Demko, and he would never waive to go to Buffalo or Calgary. No idea what's going with CBJ.

 

[93LEAFS]

How in the world are they even near the cap? That is stunning.

They signed Trouba and Panarin, and they have Staal and Shattenkirk on bad deals.

 

[SpezDispenser]

They signed Trouba and Panarin, and they have Staal and Shattenkirk on bad deals.

Yeah, that would account for a lot of it. That's really crazy though, that's gonna haunt them.

 

[Richard88]

If Lundqvist changes his mind and wants one last chance at a cup, does he have negative value at this point?

In that case I'll take one Henrik Lundqvist (with 12.5% retention @$7.45m) for Mark Barberio ($1.45m)

 

[Lays]

They signed Trouba and Panarin, and they have Staal and Shattenkirk on bad deals.

All our bad contracts expire in 2 years (Smith, Staal, Shatty, Hank) That’s roughly 25 mil right there. And Namestnikov/Kreider are getting dealt which opens up another 8 mil. We’ll be fine

 

[JT Kreider]

Yeah, that would account for a lot of it. That's really crazy though, that's gonna haunt them.

No it is not. We just need to get through these next two years, where only Kreider is the only cap casualty.

Lundqvist, Shattenkirk, Staal, Smith, Namestnikov, Strome and Girardi's buyout are off the books. Is that not like $35 million in freed up cap space?

 

[93LEAFS]

All our bad contracts expire in 2 years (Smith, Staal, Shatty, Hank) That’s roughly 25 mil right there. And Namestnikov/Kreider are getting dealt which opens up another 8 mil. We’ll be fine

I mean, yeah, it clears up. But, the issue is figuring out how to pay your RFA's right now. It is not unsolvable, but it's absolutely a cap crunch in the moment.

 

[Richard88]

How sharp has Lundqvist's decline been, and how much value does he have in a trade currently (bearing in mind that he is 37 and has an $8.5m cap hit for 2 more seasons)?

 

[SpezDispenser]

No it is not. We just need to get through these next two years, where only Kreider is the only cap casualty.

Lundqvist, Shattenkirk, Staal, Smith, Namestnikov, Strome and Girardi's buyout are off the books. Is that not like $35 million in freed up cap space?

And all the young talent to pay, the Rangers seem to be perpetually in cap trouble. I just found it astounding that that roster is even close to the cap.

But then again, after my initial shock, I don't really care.

 

[Kupo]

How sharp has Lundqvist's decline been, and how much value does he have in a trade currently (bearing in mind that he is 37 and has an $8.5m cap hit for 2 more seasons)?

Lundqvist carried the team on his back the first part of the year, which was unusual since he’s usually a slow starter. He’s was his old Vezina caliber self.

Quinn overplayed the **** out of him because he’s a rookie coach and he wanted to win.

By the midway point if the season the wheels had fallen off and so did Lundqvists play.

He’s not done as a hockey player. But the reality of him playing on a rebuilding team definitely impacted his play.

 

[Kupo]

It seems like some of you guys are more concerned with the Rangers cap crunch than most of the fanbase.

Gorton is no dummy.

 

[Armchair GM]

Kreider for 2020 COL 1st + Kamenev + conditional 2021 3rd* (*only included if Kreider resigns)

Ummm.. Ugh.. On shrooms?

 

[Michel Beauchamp]

Bonus first get billed to the 7.5% of the cap for bonus snd ltir ...any left over after that roles over to next season.

Any bonuses expenditures over the cap are pushed to the next season.

That 7.5% is the cushion allowed for the bonuses earned during a season.

Any part of that cushion used is deferred to the next season.

 

[ItWasJustified]

how is a lottery team over the cap.

Rangers gonna ranger.

 

[JT Kreider]

And all the young talent to pay, the Rangers seem to be perpetually in cap trouble. I just found it astounding that that roster is even close to the cap.

But then again, after my initial shock, I don't really care.

I sure as shit hope that our young talent commands huge contracts. That means we finally have the high end talent we've been lacking for over 20 years and cost us a Cup in 2012-15

 

[WesMcCauley]

Yeah, this is what CapFriendly says. And it also says that they have $906K in projected LTIR to be used, but I'm not seeing anybody on their roster who will actually be on LTIR to start the season.

They're in a rougher cap bind than I realized.

Its not a big issue. NYR have tons of contracts up after the 2020/2021 season. Next summer Rangers have very few players on their roster that need a new contract so just need to decide who they will go forward without this summer and then they are fine longterm.

 

[JT Kreider]

Rangers gonna ranger.

Yes, what a tragedy that 2 of the best players on the market wanted to come and play in NYC. We should be more like Edmonton, Ottawa and Buffalo and be the least desirable market to play in. More like the dead zone that is Winnipeg?

 

[NateB19]

Montreal will take Lemieux off NYR hands for a 3rd. One less problem for them

ha, you wish