The Podium
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Anyone listening to Overdrive and want to sum up what Bobby MacK said? He was delayed and the boys had to stall a bit so seems like somethings happening behind the scene.
I don't think its nothing...
Let's take a $49,000,000 (I think most on both sides would be happy with 7 x 7M) contract and front load it...
2018-2019 - $11,000,000
2019-2020 - $8,000,000
2020-2021 - $6,000,000
2021-2022 - $6,000,000
2022-2023 - $6,000,000
2023-2024 - $6,000,000
2024-2025 - $6,000,000
Total = 49,000,000
(3 days ago) Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 163/180 + $38,000,000) / 7 = 6,851,587
(2 days ago) Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 162/180 + $38,000,000) / 7 = 6,842,857
(yesterday) Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 161/180 + $38,000,000) / 7 = 6,834,126
(today) Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 160/180 + $38,000,000) / 7 = 6,825,396
(today) Cap hit (2018-19) = $6,825,396 * 180 / 160 = $7,678,570
...
(December 1st) Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 122/180 + $38,000,000) / 7 = 6,493,650
Based on today:
2018-2019 cap hit – $7,678,570
2019-2025 cap hit – $6,825,396
We have already saved ourselves almost $175K off of Nylander per year for the years 2019 until 2025 ($175K cap savings for 6 years)
For each passing day that Nylander remains unsigned we are saving almost 9K per year off of our cap hit . OR it is 9K more per year we can add on to his contract to make him happy. Depending on which way you want to look at it. It could be a savings of a 1/2 mil per year if we wait till Dec. 1st. That is significant. Heck 175K currently per year is significant.
Please if anyone finds something wrong here I will not be offended and please point it out as I would like to learn more.
I did the math myself so I might be off here or there but I believe this is legit.
I am using the following rules.
For RFA that has held out past the start of the season but before Dec 1:
NHL CBA FAQ - CapFriendly - NHL Salary Caps
For NHL contract rules and their variance (regarding front loading and how much you can go up or down year by year):
So you want to sign an SPC
PS. It might be cap circumvention of some sort but I don't think it is intentional because ask any leaf fan how they are feeling about this situation. It can leave negative impressions with fans, team and management. It can easily change people's views.
Heck we care more about Nylander contract status than our GDT's and that is depressing.
What is the mystery here? Marner put up better numbers at a younger age. He’ll likely be ppg by the end of his elc, when Nylander was a 60 point player.and Marner deserves more money because of that?
I'm on a plane in Ottawa... will be landing in Toronto in about an hour. I will be on the lookout for big Willy.
just thinking out loud here if leafs offered 6x6; and willy's camp is looking at 7x6 and they settle somewhere in the middle around 6.5x6 then what are the cap hit implications?
this year cap hit will be more than 6.5M but what about the following years? someone had a tweet up but can't seem to find it anymore
If signed today, AAV in years 2-6 would be around 6.36ish....
just thinking out loud here if leafs offered 6x6; and willy's camp is looking at 7x6 and they settle somewhere in the middle around 6.5x6 then what are the cap hit implications?
this year cap hit will be more than 6.5M but what about the following years? someone had a tweet up but can't seem to find it anymore
found the tweet
but the calculations are based on signging date being Oct 15
wonder what it is after today; around 6.3ish sounds about right based on the tweet
there is another chart out there that has other dates, including Nov 1, I just saw it on the trade rumor board Nylander thread.
EDIT, here it is: https://hfboards.mandatory.com/posts/151137719/
Nylander's is Tyler Seguin, tbh.
So if he signs for 7mil, the cap hit for the following years is 6.5? That’s not too bad
just thinking out loud here if leafs offered 6x6; and willy's camp is looking at 7x6 and they settle somewhere in the middle around 6.5x6 then what are the cap hit implications?
this year cap hit will be more than 6.5M but what about the following years? someone had a tweet up but can't seem to find it anymore
So if he signs for 7mil, the cap hit for the following years is 6.5? That’s not too bad
If he signed today....
$42,000,000 total cap hit
2018-2019 - $7,000,000
2019-2020 - $7,000,000
2020-2021 - $7,000,000
2021-2022 - $7,000,000
2022-2023 - $7,000,000
2023-2024 - $7,000,000
(today) Cap Hit (2019-2020 to 2024-2025) = ($7,000,000 * 160/180 + $35,000,000) / 6 = 6,870,370
(today) Cap hit (2018-19) = $6,870,370 * 180 / 160 = $7,729,166
Total earnings = $42,081,016
2018-2019 cap hit – $7,729,166
2019-2025 cap hit – $6,870,370 - 130K savings per year for 5 years
and if we front load it and he signed today...
$42,000,000 total cap hit
2018-2019 - $11,000,000
2019-2020 - $8,000,000
2020-2021 - $6,000,000
2021-2022 - $6,000,000
2022-2023 - $5,500,000
2023-2024 - $5,500,000
Cap Hit (2019-2020 to 2024-2025) = ($11,000,000 * 160/180 + $31,000,000) / 6 = 6,796,296
Cap hit (2018-19) = $6,796,296 * 180 / 160 = $7,645,333
Total earnings = $41,626,813
2018-2019 cap hit – $7,645,333
2019-2025 cap hit – $6,796,296 - 204K savings per year for 5 years
wow so front loading helps the cap hit? thats interesting. What's the upper limit in terms of front loading the contract to the max to help cap following years?
I see.You're looking at 5 years term and a Dec 1 signing date, both of which are bad.
It isn't front loading. Because he is sitting out it changes the cap structure where there is a higher hit the 1st year and a lower hit for the duration of the deal. I believe something similar happened with Trouba and Lindholm.wow so front loading helps the cap hit? thats interesting. What's the upper limit in terms of front loading the contract to the max to help cap following years?
That would actually really hurt us as next year is our biggest cap crunch season.Having two capologists pays off. Look for AM and MM to hold out next year
Friedman on Prime Time Sports:
- Said Kypreos isn't wrong that a 6 year deal is on the table.
- People aren't talking much about the situation. Both sides are trying to keep it as lowkey as possible.
- Meetings have been optimistic and both sides want to get something done
- Said he's also heard 6 years around 6.5-7M as Kyper, but doesn't know how much of an actual possibility it is
- Prior to the meeting in Switzerland, Leafs were offering 4 years, worth 19-20M.
- Both sides want to do 6 years, but not sure if the Leafs will go up to 7M
- Believes Toronto has offered 7 year deals as well.
- Said Nylander's camp wants to sign a long-term deal under the current CBA, rather than risking a short term deal and having to sign under whatever the next CBA is.
- Friedman said if he were Nylander he'd take a 2-3 year deal, and bet on himself, but an agent told him yesterday that no one knows what contracts will look like in the next CBA, so players want to sign long-term now.
- Said he believes if the deal is a 4 year deal, the caphit will be around 5M which will be the deal the Leafs have had on the table for a couple weeks
So, based on what he said, it's possible the Leafs/Nylander have a 4 year deal they are willing to do, but are still trying to get a 6 year deal done.
Nytlander is a much better winger than a centerman. <- at least, thats what he's shown at the NHL level.