Im not sure id buy out either this year either. For White, would it be easy to trade him at $1.5 mil retained for 3 years instead of of buying him out at $1 mil for 6 yrs is it? If he is tradeable at that price later i dont see the rush now
LTIR is worst case. 15M out of the budget the next 2 years for someone who isn’t playing.Murray is a useless
Buyout - to much to justify a 2/3 buyout. He can play or LTIR.
LTIR is worst case. 15M out of the budget the next 2 years for someone who isn’t playing.
There's a chance his injury isn't covered by insurance since he had concussion issues prior to us signing him. We used to have some threads that went in depth on how the insurance worked, but they didn't get migrated to the new servers it seems, but from memory:I don’t understand … under LTIR someone else pays most of
His salary and we’re done with his cap hit in two years.
The worst case is … he plays like crap, is sick half the time but not often enough to LTIR and we not $15 million for nothing.
There's a chance his injury isn't covered by insurance since he had concussion issues prior to us signing him. We used to have some threads that went in depth on how the insurance worked, but they didn't get migrated to the new servers it seems, but from memory:
-The league takes out a contract for the whole league to keep costs down.
-Teams pay a premium based on 5% of their 5 highest paid players.
-Teams are free to allocate coverage to 5 or more players.
-Max coverage is 80%, but if you opt to cover more than 5 players it is reduced proportionately
-Insurer can exclude pre-existing condions from coverage.
Coverage for concussions is/was a major issue wrt insurance a while ago, there was talks that insurers might exclude concussions outright and not just in pre-existing situations, not sure what happened there but I imagine the NHL worked something out to maintain at least some coverage.
Any long term injured player qualifies for LTIR. Insurance is a different matter altogether. LTIR is about opening up a roster spot for the team and allowing cap relief so the team can exceed the cap by the same amount as the ltir'd player. The team is still responsible for the players salary. Insurance kicks in only if the team chose to cover that player, the injury isn't excluded from coverage, and the player misses 30 consecutive games.Sure … as I said … LTIR is not the worst case scenario. If he doesn’t qualify for LTIR than he won’t be LTiR’d.