What a DAVID CLARKSON BUYOUT would actually look like (it's good news for Clarkson)

[Wilbur*]

Some of those NMC seem to have wiggle room as modified NTC, according to the archives of Capgeek :

http://web.archive.org/web/20141231071731/http://www.capgeek.com/mapleleafs/

For starters, I see no reason for Bozak and Clarkson to be on the Leafs next year.

The Clarkson buyout is interesting. For those of us in Toronto who have lived thru the Ballard years and have accused ownership of being much more concerned about making money rather than icing (or fielding or courting) a winner, here's another acid test.

A Clarkson buy-out will cost MLSE a lot of money, almost the entire amount still owing for the next five years minus approx. $2,500,000. But cap-wise it will buy them relief, no question about it.

In years 6 thru 10 after this year, the cap penalty will translate to the Leafs only being able to spend to 96-97% of the cap because of the lingering $1,833,333 dead cap-space from the Clarkson buyout.

But most importantly, does ownership want to shed the losing elements, the laughing stock elements of it's hockey club, or do they instead laugh at the fan base who will continue to fill the coffers of MLSE by keeping Clarkson?

As a 4th-liner with a cap-hit of $5,250,000, the Leafs can easily fill that spot on the roster by spending $1,000,000 or less. The cap-hit of a Clarkson buy-out would be:

2015-16: 1,583,000
2016-17: 83,333
2017-18: 83,333
2018-19: 2,333,333
2019-20: 3,833,333

Cap-space saved every year by replacing Clarkson with a $1 million player, in the early years significant savings. The savings dwindle in years 4-5 but the Gleason buy-out will be off the books by then.

http://www.pensionplanpuppets.com/2013/12/13/5208704/david-clarkson-buyout-chart

I hope it happens ASAP.

Click to read more...

 

[3 Minute Minor]

you forgot the 1.83mill from 2020-2025

 

[mcleex]

The question is, are we still paying Darcy Tucker?

 

[leafstilldeath*]

you forgot the 1.83mill from 2020-2025

this is dreadful!

Does management run numbers before giving out long term deals that if Player X didnt work out after Y seasons, and we buy them out, what are the cap-hit situations?

If not, they better start doing it!

 

[gamer1035]

The ****? This team isnt winning anytime soon.

ENOUGH OF THIS SHORT SIGHTED ********. WE WERE NEVER GONNA WIN ANYTHING THIS YEAR, AND WE AREN'T GOING TO FOR THE NEXT 5 YEARS, TANK OR NO TANK.

WE SHOULD NOT BE A CAP TEAM WHEN WE AREN'T EVEN CLOSE TO CONTENDING.

Save that cap down the line when we will actually need it. The Gleason buyout was idiotic. We have that guy on the hook for 3 more years instead of 1 for no reason.

If Nonis is still the GM in the summer and he buys out the Clarkson contract (looks like an option based on the OP), then I am officially done with the leafs. I will move on to another team or quit watching hockey.

 

[Slot]

The question is, are we still paying Darcy Tucker?

I think that buyout was over last year.

 

[Canada4Gold]

Yes good news, we play a terrible player for 10 years not to be on our team. Good news you say.

 

[Erdinger]

I think we just have to live with him sitting in the press box most of the time. If the Leafs keep buying guys out their future cap situation is going to be just as bad as if they just let them play out the contract. Dump as many of these contracts in the next year as they can and stop spending to the cap until the team is ready to contend which is seemingly a long way off.

 

[Caesium]

Leaf management has used the buyout too much resulting in a lot of dead cap space. They need to resign to sucking and just ride bad contracts out, because all of this thrashing around is just going to make things worse long term.

 

[Mystifo]

I hope it happens ASAP.

You omitted the horrid part in which we have to deal with the buyout ramifications for a total of 10 years....

 

[Trapper]

I think we just have to live with him sitting in the press box most of the time. If the Leafs keep buying guys out their future cap situation is going to be just as bad as if they just let them play out the contract. Dump as many of these contracts in the next year as they can and stop spending to the cap until the team is ready to contend which is seemingly a long way off.

If you rebuild the Clarkson contract doesn't matter. You can keep him while you stockpile picks for the next 5 years. He's not going to keep is out of the top 3 or 5.

 

[TheFloater]

IMO, if we are going to rebuild, you may as well have Clarkson, for good or ill. At the very least, he is a veteran who will provide some grit to help insulate the younger players on the roster. That is, if we enter a rebuilding stage (and I hope that is the case). We shouldn't be a cap team if we are rebuilding the core of the roster with young, cheap players, so having his salary on the cap won't hurt too much.

If the team is really ready to compete in a few years and Clarkson is still a complete anchor (cap and otherwise), then we can buy him out at a slightly reduced rate. Who knows, maybe he makes himself a tradeable asset or useful player in a couple years? Wishful thinking, but you never know.

 

[Mess]

 

[david999]

Buying him out would be a dumb move. Clarkson is on pace for almost 20 goals this year. I think a trade is possible, but the Leafs would have to throw in something valuable to make it happen.

One other thing, they have to get rid of the pro scouts responsible for convincing Nonis that signing guys like Clarkson and Robidis are good for the team.

 

[Caesium]

Buying him out would be a dumb move. Clarkson is on pace for almost 20 goals this year. I think a trade is possible, but the Leafs would have to throw in something valuable to make it happen.

One other thing, they have to get rid of the pro scouts responsible for convincing Nonis that signing guys like Clarkson and Robidis are good for the team.

Bubble boy Clarkson was on pace for a good year. Ever since he took the shield off he has returned to being useless. It's sad when a player has to have a facial injury in order to play well. 3 points in his last 20 games, absolute garbage.

 

[FriedEgg]

If they in fact decide to rebuild, a buyout isn't necessary. They won't need the cap space. Let him play 3rd or 4th line minutes for the next few years. If they get to a point they need the space in 3 or 4 years, then consider it.

 

[leafstilldeath*]

Buying out Clarkson (if at all) has to be planned well. Clarkson's buy-out cap hit should be at a minimum in the (2 years) when we are seriously contending.

Going by what Bettman stated recently. Cap next year is going to be about 71 million as long as Canadian dollar doesn't drop below 80cents to the US dollar.

Just checked Canada-US exchange rate is already 80 cents US to 1cdn and going by the trend on BoC website not looking good

 

[Erdinger]

Buying out Clarkson (if at all) has to be planned well. Clarkson's buy-out cap hit should be at a minimum in the (2 years) when we are seriously contending.

Going by what Bettman stated recently. Cap next year is going to be about 71 million as long as Canadian dollar doesn't drop below 80cents to the US dollar.

Just checked Canada-US exchange rate is already 80 cents US to 1cdn and going by the trend on BoC website not looking good

Perhaps it's time Bettman rigged the lottery the Leafs way so that in a few years the Leafs can go on extended playoff runs and increase the NHL coffers by a not unsubstantial amount every year.

 

[KPower]

Good news...haha

I'd rather sit him in the press box until he retires....if he doesn't **** it....it would drive him crazy.

 

[leafstilldeath*]

Perhaps it's time Bettman rigged the lottery the Leafs way so that in a few years the Leafs can go on extended playoff runs and increase the NHL coffers by a not unsubstantial amount every year.

Bettman's sole priority is to increase the NHL viewership and fandom in the US. 300 million people in US to 33 million people in Canada.

Further, hockey is Canada's game; and when it comes to Leafs, revenue generation especially from the Leafs in the profit-sharing NHL environment is not gonna be affected if Leafs didn't get a no1 overall pick OR if Leafs didn't make the playoffs etc...

Note: Leafs raising ticket prices after the team has sucked for 3 years in a row, still get a packed building and large viewership.

Only Hockey Gods can save the leafs because the MLSE, NHL and Bettman don't give a flying ****.

 

[34]

Clarkson will be bought out! There is no question about it. Once Nonis is fired, Phaneuf will be gone to.

 

[HEAVY DUTY]

As Toronto battled with Edmonton and Ottawa to sign Clarkson, his agency (Newport) had leverage and used it. He has five years and $27.5 million (cash) remaining, and, under regular rules, that would mean the Maple Leafs pay out approximately $1.85M per season for 10 years to let him go.

Problem: $20.5M of his deal is in bonuses, and those cannot be shrunk under the buyout formula. So, he’d cost between $4M-$5M a year the next five years. Doesn’t make sense to do it.

http://www.sportsnet.ca/hockey/nhl/30-thoughts-youth-movement-for-2016-world-cup/

Via Elliotte Friedman's 30 thoughts. clarkson buyout won't happen. we're stuck with him. its not worth it to buy him out when his buyout number and salary cap number are almost the same. might as well keep him.

sorry to disappoint.

 

[FerrisRox]

Buying him out would be a dumb move. Clarkson is on pace for almost 20 goals this year. I think a trade is possible.

You can't be serious. Nobody is trading for David Clarkson.

 

[Cor]

There might not be a reason to buy him out.

If we go into a full rebuild, his contract could come in handy to keep us over the cap floor.

Plus, maybe if the team gets worse, he may look good and start to score, (the "someone has too" theory) and some sucker of a team will take him.

 

[Banic]

Sell the core, rebuild and don't buy out Clarkson (he will help us reach the cap floor) then in 2-4 years if we are closer to contending, buy him out. At least we then shave some years off and use his useless contract for our betterment.