Value of: request for technical ruling on player contract

[bernmeister]

this is HYPOTHETICAL

Hank has 3 more years at 8.5m per.
He'd like to compete for a cup but loves NYC and NYR

If it were possible by some loophole, if Rangers could reduce term on his contract, I think a deal could be had with Isles to rent him for 1 yr, this upcoming season. Maybe 2 years, but let's be definite and say 1.

Cost from Isles would be expensive, and this would have made more sense had they retained Tavares, but let's say they bite the bullet and go there.

Now, what procedure agreeable to all parties would be legal and work?
If a loophole does not exist, can one be created?

Obviously, the idea here is not to have salary retained, b'c it creates restrictions if Hank comes back after, which is part of the whole concept so it is palatable.

Is it legal for the Rangers to ask him to request out of his contract in exchange for specific considerations to his benefit?
Can they say to him, we will honor what is in place if you insist,
but
if you ask out of this contract.
we will replace it with 1 yr, 7m, NMC
then
"afterwards" = "once you return if we trade you and as UFA you elect to return here"
then and in that event,
we will then give you 2 more years at 10m.

Lundqvist does standup best for Isles who surrender Wahlstrom or Dobson for the 1 yr rental at half [3.5].

Regardless of outcome, 2019-2020 Hank returns, and Rangers honor verbal commitment they will give him 2 yrs 10m per.
He takes one for the team, but next season Ranger rebuild is further along, so it is to his advantage as well, as he gets both mo $ and faster shot at more competitive Ranger team his last 2 yrs.

Can a player and team voluntarily agree to such arrangement/rearrangement if the player, intangibles aside, winds up w/mo $ in the end?

Curious as to rules/loopholes perspective.

thanks in advance

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[Brock Radunske]

Wtf?

 

[BuLLeT1291]

I’m lost.

 

[Kent Nilsson]

bernmeister

 

[KirkOut]

 

[Tobias Kahun]

No

/thread

 

[Leonardo87]

You lost me at hello dude.

But anyway all contracts are guaranteed in the NHL, can’t change them, unless they are bought out, player retires, or player does something to void contract.

 

[Pure Slaughter Value]

This is way out there even for HFBoards

 

[Riptide]

The whole premise is that Lundqvist would willing to forefit 20m (what's owed to him over the next 3 years), just to sign a cheaper contract with zero guarantee's that he will make up that money down the road.

Surely you can see the problem with that...

 

[Habsddicted]

Lmao this is so accurate

 

[WesMcCauley]

Do we expect anything less from bernmeister?
I mean... This is pretty f***ing insane, even for him!

 

[deftones1986]

Are you trying to say that you want Lundqvist to play for the Rangers, but for cheaper?

They would have to buy him out.
He signs with the Islanders for 1 year (because, as you say, he loves New York), but realistically, in this out-of-the-box proposal, he can sign for one year anywhere.
He then comes back after 1 calendar year (as per buyout rules) and resigns for cheaper on the Rangers?

Is that what you're saying?

 

[bernmeister]

Wtf?

I’m lost.

If a player wants to help a team by getting out of his contract, and not nec. "retiring" which may have restrictions after before he comes back, can both sides agree to voluntarily tear up the existing deal, w/no repercussions?

Hank trusts
1. after the deal is discontinued, NYR will sign him to a 1 yr deal for slightly less.
2. he trusts further that later, after he may be traded during that 1 yr deal, AND IS A UFA he will get a better 2 yr contract.

The assumption he may be willing to do this if he is only a 1 yr rental, how can he and team make that happen w/o existing 3 yr deal being an impediment. Existing deal would have to go first, otherwise he is at mercy of acquiring team for all 3 years if he waives his NMC. This way there is no longer 3 year deal, only single 1 yr deal, and upon UFA, another final contract.

 

[deftones1986]

Lmao this is so accurate

This has me laughing so damn hard. But I've been on these message boards too long so I'm starting to lose it today.

 

[Brock Radunske]

If a player wants to help a team by getting out of his contract, and not nec. "retiring" which may have restrictions after before he comes back, can both sides agree to voluntarily tear up the existing deal, w/no repercussions?

Hank trusts
1. after the deal is discontinued, NYR will sign him to a 1 yr deal for slightly less.
2. he trusts further that later, after he may be traded during that 1 yr deal, AND IS A UFA he will get a better 2 yr contract.

The assumption he may be willing to do this if he is only a 1 yr rental, how can he and team make that happen w/o existing 3 yr deal being an impediment. Existing deal would have to go first, otherwise he is at mercy of acquiring team for all 3 years if he waives his NMC. This way there is no longer 3 year deal, only single 1 yr deal, and upon UFA, another final contract.

Dude, I like your posts because they're thoughtful and detailed but this feels a bit farfetched.

 

[Shakey Rustie]

While I dont exactly understand what is being asked in the OP, from a legal perspective an agreement to agree is not a contract and therefore not enforceable.

 

[Echo Roku]

But is the value enough to get Karlsson?

 

[Tobias Kahun]

If a player wants to help a team by getting out of his contract, and not nec. "retiring" which may have restrictions after before he comes back, can both sides agree to voluntarily tear up the existing deal, w/no repercussions?

Hank trusts
1. after the deal is discontinued, NYR will sign him to a 1 yr deal for slightly less.
2. he trusts further that later, after he may be traded during that 1 yr deal, AND IS A UFA he will get a better 2 yr contract.

The assumption he may be willing to do this if he is only a 1 yr rental, how can he and team make that happen w/o existing 3 yr deal being an impediment. Existing deal would have to go first, otherwise he is at mercy of acquiring team for all 3 years if he waives his NMC. This way there is no longer 3 year deal, only single 1 yr deal, and upon UFA, another final contract.

There is a CBA for a reason.

 

[Alex Martinez]

Even if this insane idea could work why on earth would the Islanders do this???

 

[Leonardo87]

To think if a GM could change a players contract in term or value midway through, there would literally be no HF boards or at least a trade forum.

 

[deftones1986]

If a player wants to help a team by getting out of his contract, and not nec. "retiring" which may have restrictions after before he comes back, can both sides agree to voluntarily tear up the existing deal, w/no repercussions?

Hank trusts
1. after the deal is discontinued, NYR will sign him to a 1 yr deal for slightly less.
2. he trusts further that later, after he may be traded during that 1 yr deal, AND IS A UFA he will get a better 2 yr contract.

The assumption he may be willing to do this if he is only a 1 yr rental, how can he and team make that happen w/o existing 3 yr deal being an impediment. Existing deal would have to go first, otherwise he is at mercy of acquiring team for all 3 years if he waives his NMC. This way there is no longer 3 year deal, only single 1 yr deal, and upon UFA, another final contract.

Lol is it after? or before? Or in reality "after before" because I may use that one in the future.

 

[Evergreen]

Teams and players cannot simply agree to nullify a contract. So no, this is not possible.

 

[bernmeister]

The whole premise is that Lundqvist would willing to forefit 20m (what's owed to him over the next 3 years), just to sign a cheaper contract with zero guarantee's that he will make up that money down the road.

Surely you can see the problem with that...

No.
He would be out of the existing deal, 3 x 8.5 = 25.5
He would get 1 new deal 1 yr @ 7
H would upon becoming UFA get new final 2 yr deal, $10m per
total is 27m he is not shortchanged.

He does have to take it on faith that we will not ef him, but I think if everything is upfront there would not be a problem.

 

[Leaf Fans]

So you trade Lundqvist for two years to the NYI for Wahlstrom or Dobson. Somehow he opts out of his contract and signs cheaper, the after a year or two goes back to the Rangers for more money? What happens to Wahlstrom or Dobson? They also stay with the Rangers? Am I following?

 

[Stand Witness]

I am honestly in tears from the first couple posts in this thread, thank you all so much