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

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

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  1. mouser

    mouser Business of Hockey

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    fwiw, I doubt Callahan's insurance payments have kicked in yet. In past reports that doesn't happen until the player has missed 30 games, and Callahan was still playing at the end of this past season.

    If that's the case then Ottawa should end up paying Callahan about $2.3m. So a net savings of $700k without Condon.
     
  2. Sens

    Sens Registered User

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    Melnyk saves 3.0 and we go from pick 158 to 153

    Clubs 20 million below the flow... Melnyk pocketing money over this clubs future is all he does and it’s pathetic
     
  3. SpezDispenser

    SpezDispenser Registered User

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    Meh, they're good drafters, they'll take the 5th rounder and try to hit another home run. We all know the deal with Melnyk, but I can't fault anyone for this trade.
     
  4. Tnuoc Alucard

    Tnuoc Alucard There's more than 1 side to any story or issue.

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    So


    So you're comparing a team that has their "window" open for a deep run in the playoffs, and legitimate shot at the Cup........ with a team in their second year of a tear-down/re-build and are aiming to select as high as possible in the next two drafts.

    [​IMG]
     
  5. Tkachuk27

    Tkachuk27 Registered User

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  6. BonkTastic

    BonkTastic ಠ_ಠ

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    Condon's contract SHOULD be an insignificant drop in the bucket, all things considered. We're tens of millions of dollars away from having to worry about his cap hit, and we're already dead last in the league in player expenditures.

    We had an opportunity to take Callahan's cap hit on, in return for actual hockey assets. Instead, we used that opportunity to save money we didn't need, and have no plans on using. This isn't saving money now to spend later. This money won't get spent at all.

    This trade makes no sense from a hockey point of view. None. And it ABSOLUTELY could have. It is 100% a missed opportunity to improve the futures of this team, and add a hockey asset.
     
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  7. Ouroboros

    Ouroboros Meaningless leaning mess

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    Would insurance not reimburse a team for this expense retroactively? It's already known that Callahan won't be medically cleared to play.

    Only getting 700k is very thin cash value. It's hardly worth doing the trade for that kind of meagre savings.
     
  8. BonkTastic

    BonkTastic ಠ_ಠ

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    Yeah, I was going to post this next.

    We barely save anything.
     
  9. armani

    armani Guy Likes

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    Oxymoron..Melnyk's not paying any savings towards "future players we wish to pay".

    It's a foregone conclusion that Melnyk's mandate has been to reduce payroll first, second, and third. Rebuild or youth development in the NHL is an after-thought.

    Regardless, I see nothing wrong with this trade - reducing 3 NHL goalie contracts to 2 with Hoggie and Gus knocking on the door (more or less). Would have preferred Andy to get traded elsewhere where he had more chance to succeed, but then again he comes off the books after the season.

    If I am Melnyk, I am high-fiving PD for doing such a cut-throat job of slashing funds.

    If I am a fan, I am constantly high-fiving Melnyk on the face.
     
  10. DaveMatthew

    DaveMatthew Registered User

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    What? They didn't even add a pick. They moved up by 4-8 spots. They could have kept their 6th and tried to "hit a home run".

    It'd be one thing if they acquired an extra pick. Then you can say it's another lottery ticket. But they didn't.
     
  11. Tnuoc Alucard

    Tnuoc Alucard There's more than 1 side to any story or issue.

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    Given the choice to accomplish the same goal (shedding Condon from the NHL roster), and choosing the option that also saves money ............ I think most of us would do the same thing.

    Yes the saved money is not spent as of right now, but when it is, at some point in the future, there will be number of posters that will trash Dorion for wasting that same money on whomever it is spent on.
     
  12. mouser

    mouser Business of Hockey

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    Unknown. My general experience with insurance waiting periods is they don't make retroactive payments. But it's possible to negotiate anything into a custom insurance contract if the premiums are high enough.
     
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  13. swiftwin

    swiftwin #5YEARPLAN

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    I mean, clearing the goalie logjam is a positive, no? Seems like a win-win-win to me:

    Clearing the goalie logjam = Win for the present
    Improving the draft pick = (tiny) Win for the future
    Saving salary dollars = Win for Melnyk

    Where's the downside?

    You guys so toxic you want to cut the nose to spite the face.
     
  14. inthewings

    inthewings Registered User

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    I can't fathom a reason why most posters would prefer that the team with the lowest payroll in the NHL save an additional 2M than pick up a 3rd round pick or whatever. Are you Eugene Melnyk? Because he's literally the only person who benefits from the team's current MO.
     
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  15. swiftwin

    swiftwin #5YEARPLAN

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    Where does this 3rd round pick come from?
     
  16. BonkTastic

    BonkTastic ಠ_ಠ

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    We had an asset (open cap space and a willingness to take on other team's cap problems) worth considerably more than what we got for it, and in doing so forced an asset the other team didn't even want (Condon's cap hit), rather than take on an actual asset that would have helped us in the future AND in the rebuild.

    That's not toxic. That's just constructive, objective criricism.
     
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  17. Viletho

    Viletho Registered User

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    Mock trade at his best.

    Another news, Another storm as usual.
     
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  18. Ouroboros

    Ouroboros Meaningless leaning mess

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    Appreciate the clarifications.

    Sounds brutal though, and it makes this trade look particularly dire for Ottawa. If we're only saving the equivalent of a league minimum salary then we should have gotten much more in return than jumping up a handful of picks in the later rounds of a draft.
     
  19. inthewings

    inthewings Registered User

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    Taking Callahan's cap hit on had value to TB. We opted to accept that value in the form of them taking on Condon's cap hit and salary. Presumably, had we just kept Condon, there would have been an actual asset on the table as compensation.
     
  20. DaveMatthew

    DaveMatthew Registered User

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    Tampa Bay. If they weren't required to take salary back, Dorion likely could have extracted more value when taking on Callahan's contract. For example, what could have happened:

    Ottawa trades 2020 6th round pick to Tampa for Ryan Callahan and 2020 3rd round pick
    Ottawa buys out Mike Condon

    Ottawa would get a better pick AND gets rid of Condon!

    But it costs them a couple mil instead of saving a couple mil, so no dice.
     
  21. swiftwin

    swiftwin #5YEARPLAN

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    So your imagination.

    Got it.
     
  22. UncleEuge

    UncleEuge Registered User

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    Melnyk does not have the money to run this team at a competitive level anymore.
     
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  23. BondraTime

    BondraTime Registered User

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    Nothing mock about it.

    Condon did not need to be included whatsoever, Tampa has zero use for him as they already have 4 goalies, and it goes against what they were trying trying to do. Including him for the sake of getting rid of his salary clearly dropped the asset we received.
     
  24. Sens

    Sens Registered User

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    Paying 3.0 SB for Zaitsev cost the Sens a 3rd

    But dumping Condon contract had no value to the Sens aside from moving up 5 spots

    Whatever helps you sleep at night
     
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  25. Daxi

    Daxi Fearless Leader

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    How is a window going to open when we spend less than most MLS teams? Did Toronto try to save money when they were missing the playoffs most years like we are? No. Has any team done what we have done? Maybe Arizona. Maybe. And they've stopped doing that. We have better ticket prices, TV deals and fan support than Arizona.

    It's one thing to be cautious with money... that's not happening here.
     
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