Rumor: Vancouver actively looking to retain salary for draft picks on rentals as 3rd party

Garbageyuk

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Dec 19, 2016
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Have you seen Vancouver’s defense?

Curious though, what do you feel retaining $2.3M of dead cap for 4 years and $5M+ of actual cash is worth?
I’m not sure exactly. Probably not “multiple firsts” though. 1st round picks are very valuable. More so than a couple million in cap space that probably makes no difference in the Canucks fortunes by the time those 4 years are up.
 

Peter Griffin

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I’m not sure exactly. Probably not “multiple firsts” though. 1st round picks are very valuable. More so than a couple million in cap space that probably makes no difference in the Canucks fortunes by the time those 4 years are up.
Yea but $5M+ is a lot of money. Carolina received the 13th pick in 2020 draft for spending $3.833M on Marleau’s buyout and 1 year of a $6.25M caphit when capspace wasn’t as tight as it is now. When retaining in these situations the actual cash paid out is just as valuable as the capspace component. How many actual owners are willing to spend $5M+ for anything less than multiple picks?
 

DistantThunderRep

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Wouldn't this mean for only 1 trade as a third party? They are already retaining on Horvat, expecting to retain on Boeser. Unless this is the sign they aren't trading Boeser and can retain on 2 different other trades.
 

innitfam

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Oct 18, 2017
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Wouldn't this mean for only 1 trade as a third party? They are already retaining on Horvat, expecting to retain on Boeser. Unless this is the sign they aren't trading Boeser and can retain on 2 different other trades.

Maybe a Boeser trade happens in the off-season?
 

mouser

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Vancouver willing to third party retain is not newsworthy unless they’re willing to retain on contracts with term left.

A whole bunch of teams are ready and willing to retain on expiring contracts.
 
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Gaylord Q Tinkledink

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Arpon Basu during the 2nd intermission mentioned this.

He said the Habs were in to be the 3rd team to help with the RoR deal, but decided not to as they have a fair amount of players injured and weren't sure how this would impact them for future deals this deadline.

He states that the Habs will continue to look to help.

He also mentioned that the Habs might look to deal Byron's deal to help a cap team


LTIR contract ends at the end of the year.

All encompassing thread about teams willing to retain ?
 

sxvnert

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Habs should be looking for other teams to facilitate moving their own garbage contracts.
 

BLNY

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Makes sense. With two pieces hurt and unlikely to move in Eddy and Monahan, this is an effective way to make up for it and get some assets.
 

Bourne Endeavor

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Habs should be looking for other teams to facilitate moving their own garbage contracts.

Why not both? Say we eat 50% of Kane's contract then use those assets to get rid of our own in the summer. Now we're dumping players we don't want without losing our own picks.

But really, we're nowhere near ready to contend. So what do we care about letting some dud contracts simply runs their course?
 
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DistantThunderRep

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So SJ sends Vancouver karlsson

then vancouver sends habs karlsson for more cap savings

then habs send oilers karlsson

then oilers retain on karlsson and sends him back to sj

Repeat until karlsson is free
Can only retain twice on a player. Maximum total retention equals out to 75%.
 
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Three On Zero

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First it was holding players out for trade purposes, now it’s retaining to get free picks…. What a weird season it is
 

pth2

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And another source said Montreal would definitely not be acting as a 3d party broker.

Given how Montreal has a lot of players who could be moved at the deadline, but no clear choices as to who to move, offering to act as a broker to add a 5th rounder would be unlikely to be worth the loss in flexibility. For example, someone might get desperate and really want Dadonov for a 3d, but it could only work if Habs can retain... (and the picks given for retaining aren't anything special)

---

BTW: Can anyone explain how moving Byron can help anyone with anything? He's been on LTIR since the start of the season...
 

Agalloch

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And another source said Montreal would definitely not be acting as a 3d party broker.

Given how Montreal has a lot of players who could be moved at the deadline, but no clear choices as to who to move, offering to act as a broker to add a 5th rounder would be unlikely to be worth the loss in flexibility. For example, someone might get desperate and really want Dadonov for a 3d, but it could only work if Habs can retain... (and the picks given for retaining aren't anything special)

---

BTW: Can anyone explain how moving Byron can help anyone with anything? He's been on LTIR since the start of the season...

He can help gaining cap space because of LTIR.
 

pth2

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He can help gaining cap space because of LTIR.
ok, let me re-phrase. Can someone give useful information as to how Byron's contract can help a team deal with cap issues ? Given that LTIR compensates for the amount the player would've been paid anyways, acquiring an LTIR contract shouldn't have any net effect.
 

Agalloch

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ok, let me re-phrase. Can someone give useful information as to how Byron's contract can help a team deal with cap issues ? Given that LTIR compensates for the amount the player would've been paid anyways, acquiring an LTIR contract shouldn't have any net effect.

''Does NHL LTIR count against the cap?


When a player is on LTIR, a team may exceed the salary cap. Despite the common misconception, LTIR does not remove a Cap Hit from a team's overall Cap Hit, it just potentially allows the team to exceed the salary cap.''
 

pth2

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''Does NHL LTIR count against the cap?


When a player is on LTIR, a team may exceed the salary cap. Despite the common misconception, LTIR does not remove a Cap Hit from a team's overall Cap Hit, it just potentially allows the team to exceed the salary cap.''
Yes, it allows the team to exceed by the same amount as the contract itself. Which means the contract no longer has an effect, removing it from Montreal would have no effect, and adding it to another team's cap would have no effect, either.
Adding an equivalent asset and debit to both sides of an accountant's ledger has no not effect.
 

Breakers

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I’ll believe it when I see it

They could have taken a baby step that would have cost this owner $76k for a 4th round pick.

Literally chump change and a way to ease into it

And they didn’t do it.

I just don’t think Aquilini will ever do it
 
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