Confirmed with Link: Sens acquire Callahan + pick for Condon + pick

Discussion in 'Ottawa Senators' started by toivy, Jul 30, 2019.

Thread Status:
Not open for further replies.
  1. toivy

    toivy Registered User

    Joined:
    Nov 15, 2008
    Messages:
    186
    Likes Received:
    4
    Trophy Points:
    66
    Location:
    Ottawa
  2. harrisb

    harrisb Registered User

    Joined:
    Oct 6, 2009
    Messages:
    1,902
    Likes Received:
    708
    Trophy Points:
    139
    Callahan insured....
     
  3. toivy

    toivy Registered User

    Joined:
    Nov 15, 2008
    Messages:
    186
    Likes Received:
    4
    Trophy Points:
    66
    Location:
    Ottawa
    Sounds like Callahan will be another LTIR "player" for us...there's another ~$5.8M (minus whatever isn't insurance covered) in actual $$ savings, plus Condon's actual $$ expense (I believe it had been reported at $1.4M if buried).

    The positive: helps free up goaltending options in Ottawa/Belleville
     
  4. Dammit Dubnyk

    Dammit Dubnyk Registered User

    Joined:
    Sep 11, 2015
    Messages:
    93
    Likes Received:
    9
    Trophy Points:
    11
    Classic including a pick for no reason
     
  5. Joeyjoejoe

    Joeyjoejoe Registered User

    Joined:
    Dec 18, 2015
    Messages:
    2,290
    Likes Received:
    2,250
    Trophy Points:
    111
    lol how much of actual salary is this owner actually paying out of his pockets?
     
  6. FormentonTheFuture

    FormentonTheFuture Registered User

    Joined:
    Sep 29, 2017
    Messages:
    2,411
    Likes Received:
    726
    Trophy Points:
    84
    Gender:
    Male
    doesn't seem like no reason. If Condon wasn't included then yeah it would be no reason.
     
    Variable26 likes this.
  7. toivy

    toivy Registered User

    Joined:
    Nov 15, 2008
    Messages:
    186
    Likes Received:
    4
    Trophy Points:
    66
    Location:
    Ottawa
    Last I calculated (albeit manually - remembering to factor in signing bonuses paid by other teams), it was in the ~$47M range; add the ~$4.25M in insured LTIR + 1.4 from Condon not having to be buried, it'd be down to ~$41.5M
     
  8. Ouroboros

    Ouroboros Meaningless leaning mess

    Joined:
    Feb 3, 2008
    Messages:
    9,872
    Likes Received:
    2,101
    Trophy Points:
    157
    Stop me if you've heard this one before, but this is yet another cash saving deal. Callahan makes 4.7M this season and is presumably insured at 80% for a cash impact of .94M. Condon was set to make 3M.

    2M saved.

    Dorion has a legit shot to get the payroll under 40M this year.
     
  9. Six Assets

    Six Assets Registered User

    Joined:
    Jun 29, 2013
    Messages:
    10,685
    Likes Received:
    1,295
    Trophy Points:
    140
    Gender:
    Male
    Location:
    Ottawa
    Moved up a few places in the draft, traded a high 6th for a low 5th
     
    Last edited: Jul 30, 2019
  10. Senscore

    Senscore To the center of the city in the night

    Joined:
    Nov 19, 2012
    Messages:
    11,879
    Likes Received:
    3,313
    Trophy Points:
    156

    His penny pinching skills as a GM are unmatched.
     
    NB613, Boud, Mr Hat and 5 others like this.
  11. Gil Gunderson

    Gil Gunderson Registered User

    Joined:
    May 2, 2007
    Messages:
    21,720
    Likes Received:
    4,658
    Trophy Points:
    186
    Location:
    Ottawa, ON
    This is what Melnyk means when he says we'll be a cap team in a few years.
     
    hamzarocks, NB613, Crease and 13 others like this.
  12. Engineer

    Engineer Rustled your jimmies

    Joined:
    Dec 23, 2013
    Messages:
    6,132
    Likes Received:
    1,784
    Trophy Points:
    126
    Any other team would demand at least 2nd for Callahan’s cap dump, we demand they take our unwanted $3M salary and destroy our return.

    The wrong way to rebuild; this is it.
     
    NB613, Boud, Karlstrobe and 8 others like this.
  13. NorthCoast

    NorthCoast Registered User

    Joined:
    May 1, 2017
    Messages:
    1,001
    Likes Received:
    842
    Trophy Points:
    94
    "Our cap flexibility allowed us to proceed with this trade, which will also benefit us as we continue making adjustments to create a hardworking, exciting team." - PD

    LMFAO. If you take away our LTIR contracts we are sitting 10 Mil UNDER the floor.

    At what point does Flexibility become Absurdity? 15 mil under the floor, 20 mil under the floor?
     
    NB613, Boud, Karlstrobe and 10 others like this.
  14. pt_mck

    pt_mck Registered User

    Joined:
    Jul 1, 2005
    Messages:
    4,312
    Likes Received:
    101
    Trophy Points:
    111
    Location:
    , location, location
    How low can they go?
     
    NB613, stlwahoo, The Lewler and 4 others like this.
  15. Senscore

    Senscore To the center of the city in the night

    Joined:
    Nov 19, 2012
    Messages:
    11,879
    Likes Received:
    3,313
    Trophy Points:
    156
    Curious to see how Callahan and Gaborik play together.
     
  16. Gil Gunderson

    Gil Gunderson Registered User

    Joined:
    May 2, 2007
    Messages:
    21,720
    Likes Received:
    4,658
    Trophy Points:
    186
    Location:
    Ottawa, ON
    If there was ever a management group that deserves to get screwed in the draft lottery it's this one...
     
    The Lewler, Lurch and Inkling like this.
  17. Sens

    Sens Registered User

    Joined:
    Jan 7, 2016
    Messages:
    3,843
    Likes Received:
    1,327
    Trophy Points:
    94
    Exactly... what a ****ing joke
     
    Day Man likes this.
  18. danielpalfredsson

    danielpalfredsson why you zaitsev to be mad its only a trade

    Joined:
    Aug 14, 2013
    Messages:
    15,215
    Likes Received:
    7,543
    Trophy Points:
    156
    Occupation:
    not a schmohawk
    [​IMG]
    Tale of the #MelnykBucks Tape


    :bolts

    MIKE CONDON

    CAP HIT:
    1.375M (Buried)/2.400M (NHL Roster)
    SALARY:
    3.000M

    :sens
    RYAN CALLAHAN
    CAP HIT:
    5.800M (LTIRetired or IR)
    SALARY:
    0.940M (if fully insured)/4.700M (if uninsured)

    RESULT
    -Sens save over 2 million in #MelnykBucks.
    -Lightning pay over 2M in real salary to shed 5.8M of LTIR eligible cap in exchange for 1.375M of buried cap.​
     
    NB613, BigRig4, Mr Hat and 8 others like this.
  19. BatherSeason

    BatherSeason Registered User

    Joined:
    Jun 16, 2009
    Messages:
    4,434
    Likes Received:
    1,946
    Trophy Points:
    156
    Gender:
    Male
    Location:
    Gatineau
    So nice of Pierre Dorion and the Ottawa Senators to continue to provide division rivals with cap flexibility to re-sign star RFAs, while continuing to add draft picks to these moves.
     
    NB613, Boud, Karlstrobe and 5 others like this.
  20. inthewings

    inthewings Registered User

    Joined:
    Jul 26, 2005
    Messages:
    3,931
    Likes Received:
    1,329
    Trophy Points:
    139
    I have to give Dorion credit: reaching the 60M cap floor with only $42M in actual payroll expenditures is legit impressive.

    It's a terrible way to rebuild the team, and everyone involved should be ashamed, but he's doing a fantastic job of saving Melnyk money.
     
  21. FolignoQuantumLeap

    FolignoQuantumLeap Don't Hold The Door

    Joined:
    Mar 16, 2009
    Messages:
    28,918
    Likes Received:
    5,127
    Trophy Points:
    186
    Location:
    Ottawa
    Is this less value than what the Leafs got for LTIRing Clarkson?
     
  22. danielpalfredsson

    danielpalfredsson why you zaitsev to be mad its only a trade

    Joined:
    Aug 14, 2013
    Messages:
    15,215
    Likes Received:
    7,543
    Trophy Points:
    156
    Occupation:
    not a schmohawk
    To be fair, Toronto just took a very similar contract to Callahan and only got a 4th round pick. The market has been reset. It used to be a 2nd, it isn't anymore.

    I get people being upset with the state we are in where we are trying to build a team that is well below the cap floor. I'm not arguing against that. But in the context of what our team is, as sad as it is, this is a very good trade.
     
    Sens of Anarchy and guyzeur like this.
  23. FormentonTheFuture

    FormentonTheFuture Registered User

    Joined:
    Sep 29, 2017
    Messages:
    2,411
    Likes Received:
    726
    Trophy Points:
    84
    Gender:
    Male
    the issue is, if Condon is healthy, where would he have played for the Sens? They had to give him up somehow IMO.

    In the end a lateral trade with a slight pick upgrade to not have a wasted goalie asset
     
  24. SensHulk

    SensHulk Registered User

    Joined:
    May 31, 2016
    Messages:
    509
    Likes Received:
    246
    Trophy Points:
    46
    Location:
    San Jose, CA
    We’re literally talking about moving up 1-2 spots at best in the draft considering where both teams are expected to be. It’s a complete wash to send the picks and almost feels unnecessarily don’t to save face that we received an ‘assett’ to take Callahan
     
  25. danielpalfredsson

    danielpalfredsson why you zaitsev to be mad its only a trade

    Joined:
    Aug 14, 2013
    Messages:
    15,215
    Likes Received:
    7,543
    Trophy Points:
    156
    Occupation:
    not a schmohawk
    More value by a long shot when you consider we are getting Tampa to take 3 million dollars in dead salary.
     
    Xspyrit likes this.
  26. Smeddy

    Smeddy Intangibles

    Joined:
    Jun 19, 2010
    Messages:
    11,143
    Likes Received:
    673
    Trophy Points:
    139
    Location:
    Kanata
    There's literally no downside to this we get the better pick, save cash, and create some room for our goalie prospects. Can we save being mad for things that are worth being mad about?
     
    Sens of Anarchy, NB613, Boud and 17 others like this.
Thread Status:
Not open for further replies.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice
monitoring_string = "358c248ada348a047a4b9bb27a146148"