Potential Buyouts

[Kin]

So, does a Leaf get bought out? If so, who would you all think the likely candidate be?

The only three guys on the teams with contracts lasting beyond 13/14 are JVR, Grabo and Liles. Of those three, Liles seems like the only real candidate.

 

[bustaheims]

So, does a Leaf get bought out? If so, who would you all think the likely candidate be?

It'll really depend on how guys play if there's a 12/13 season, what other moves are made and if the Leafs feel they have a serious opportunity to sign Getzlaf/Perry/Horton/Zajac/whoever. The Leafs are in pretty good position cap-wise for 13/14 (especially with reports now saying the league is open to setting the cap at ~$63M) - only 8 teams have less dollars committed to the cap right now, all except Winnipeg with around the same number of guys signed. Someone like Komisarek may be a consideration for a buy out if his play doesn't rebound and the Leafs feel they need the space to add someone, but, otherwise, I'm not sure they use either of their potentially available buy outs.

 

[drummond]

So, does a Leaf get bought out? If so, who would you all think the likely candidate be?

I believe, given the cap space and abundance of cash the Leafs have, Burke may try something truly ugly - to persuade a GM with cap/cash problems to trade some young player with high potential as a part of package, which would send some undeperforming big money contract to Toronto. That guy would be your candidate for buy-out. The Leafs have cash, they can afford that and it will not count against the cap. But it may go against Burkie ethical conduct of business.

 

[princedpw]

So, does a Leaf get bought out? If so, who would you all think the likely candidate be?

I believe, given the cap space and abundance of cash the Leafs have, Burke may try something truly ugly - to persuade a GM with cap/cash problems to trade some young player with high potential as a part of package, which would send some undeperforming big money contract to Toronto. That guy would be your candidate for buy-out. The Leafs have cash, they can afford that and it will not count against the cap. But it may go against Burkie ethical conduct of business.

That would be interesting to think about.  Do you have a plausible target in mind?

 

[Corn Flake]

Have there been any comments on whether it will be possible to buy out injured players (eg: Pronger, Savard?)

Also, any chance you can buy out past buy-outs?  eg: Tucker, Armstrong?

Will the buy-outs be at 100% of the cost of the player or just some fraction of the player cost?

It burns me to no end that Philly and the Rangers are going to get out of their bad contracts.

It sucks to no end that Toronto has paid full price for all their mistakes (Armstrong, Tucker).  Arggggg.  We need to get on the good side of exploiting CBA loopholes.

"our" mistakes pale in comparison to what Philli and NYR have done. 

what makes me chuckle is that Redden will get bought out then probably get a new contract from someone... probably a decent one too from some kook team.

 

[Corn Flake]

So, does a Leaf get bought out? If so, who would you all think the likely candidate be?

I believe, given the cap space and abundance of cash the Leafs have, Burke may try something truly ugly - to persuade a GM with cap/cash problems to trade some young player with high potential as a part of package, which would send some undeperforming big money contract to Toronto. That guy would be your candidate for buy-out. The Leafs have cash, they can afford that and it will not count against the cap. But it may go against Burkie ethical conduct of business.

He's already done this with the Franson/Lombardi deal. Can he do that again on a larger scale? I'm kind of doubtful of that but it is possible and he would do it if it was worth it. 

I just don't know if it is worth it for the Leafs to take on and buy out a multi million dollar deal to get another "good-not-great" young player.  The Leafs need a stud or a home run of an acquisition or they probably don't really need to do one of those crazy deals.

 

[maplesyrup]

No need to trade for a huge multi-year deal though. If he can land say, a 2nd round or 3rd round pick for a couple mil., why not?

 

[Corn Flake]

No need to trade for a huge multi-year deal though. If he can land say, a 2nd round or 3rd round pick for a couple mil., why not?

Is it worth a couple of mil for a 2nd or 3rd pick though? seems like it's not really worth it. 

 

[maplesyrup]

It's difficult to say. I just think there could be some benefit to a very modest deal like that.

 

[BlueWhiteBlood]

Scott Gomez has been told that he will not be playing for the Montreal Canadiens this season, TFP Editor-in-Chief David Pagnotta was the first to report.

Gomez, 33, will have his contract bought out by the Canadiens over the summer.

The native of Anchorage, Alaska, will not be sent to the AHL, nor will he play this season. He's been sent home, Canadiens GM Marc Bergevin confirmed while addressing the media this morning.

"The safest way for us to (buy him out this summer) without risking injury was to send him home," Bergevin said.

According to a well-placed source, the Canadiens had been telling Gomez all week to prepare for training camp. Gomez was informed late last night that he would not be attending camp.

Gomez's $7,357,143 annual salary cap hit will count against Montreal's cap this season. He will be paid a salary of $5.5 million, pro-rated, this season.

Does anybody else have a quote from Bergevin about this? Seems pretty harsh, if true. If Bergevin really said this this morning, looks like Scott is done in Montreal.

EDIT: Looks like TSN has confirmed.

 

[Kin]

Scott Gomez has been told that he will not be playing for the Montreal Canadiens this season, TFP Editor-in-Chief David Pagnotta was the first to report.

Gomez, 33, will have his contract bought out by the Canadiens over the summer.

The native of Anchorage, Alaska, will not be sent to the AHL, nor will he play this season. He's been sent home, Canadiens GM Marc Bergevin confirmed while addressing the media this morning.

"The safest way for us to (buy him out this summer) without risking injury was to send him home," Bergevin said.

According to a well-placed source, the Canadiens had been telling Gomez all week to prepare for training camp. Gomez was informed late last night that he would not be attending camp.

Gomez's $7,357,143 annual salary cap hit will count against Montreal's cap this season. He will be paid a salary of $5.5 million, pro-rated, this season.

Does anybody else have a quote from Bergevin about this? Seems pretty harsh, if true. If Bergevin really said this this morning, looks like Scott is done in Montreal.

EDIT: Looks like TSN has confirmed.

I think that's really an unfortunate by-product of the whole buyout process. Gomez should, at the very least, have the chance to play somewhere this year in order to advertise himself as a free agent next year.

 

[BlueWhiteBlood]

I think that's really an unfortunate by-product of the whole buyout process. Gomez should, at the very least, have the chance to play somewhere this year in order to advertise himself as a free agent next year.

I agree, I'm sure he understands that his game is nowhere near the level for which he is paid, but if you're going to dump a guy, at least make so that he can try to prove he still deserves to work somewhere.

 

[GhostofPotvin29]

Scott Gomez has been told that he will not be playing for the Montreal Canadiens this season, TFP Editor-in-Chief David Pagnotta was the first to report.

Gomez, 33, will have his contract bought out by the Canadiens over the summer.

The native of Anchorage, Alaska, will not be sent to the AHL, nor will he play this season. He's been sent home, Canadiens GM Marc Bergevin confirmed while addressing the media this morning.

"The safest way for us to (buy him out this summer) without risking injury was to send him home," Bergevin said.

According to a well-placed source, the Canadiens had been telling Gomez all week to prepare for training camp. Gomez was informed late last night that he would not be attending camp.

Gomez's $7,357,143 annual salary cap hit will count against Montreal's cap this season. He will be paid a salary of $5.5 million, pro-rated, this season.

Does anybody else have a quote from Bergevin about this? Seems pretty harsh, if true. If Bergevin really said this this morning, looks like Scott is done in Montreal.

EDIT: Looks like TSN has confirmed.

I think that's really an unfortunate by-product of the whole buyout process. Gomez should, at the very least, have the chance to play somewhere this year in order to advertise himself as a free agent next year.

Was just going to say something similar.  Obviously he's making a ton of money to do nothing so you can't feel too bad for the guy, but at the same time I'm sure he'd much rather be given an opportunity to play than not.

 

[TML fan]

Gomez utterly failed to live up to his previous contract that saw him get paid a ton of money for nothing. If he wants to play again, perhaps a team will invite him to training camp on a tryout basis?

 

[Frank E]

Well, if you're a candidate for this kind of thing, it's a pretty huge blessing. 

I don't feel as though he's owed anything by the league or by the Habs, as he'll be able to collect a couple of pay cheques next year.

I wonder how the league handles a situation like Gomez deciding to retire...can he re-sign/come out of retirement?

 

[Deebo]

Maybe they should have allowed compliance buyouts before this season.

 

[Kin]

Gomez utterly failed to live up to his previous contract that saw him get paid a ton of money for nothing.

That's a bit of an overstatement. For the first three years of his contract he averaged 62 points a year and produced at a good clip in the playoffs. That's still not up to the value of his contract but it's only a million or a million and a half over market value. He's been bad the last two years, absolutely, but that's still largely beside the point.

 

[Kin]

Well, if you're a candidate for this kind of thing, it's a pretty huge blessing. 

I don't feel as though he's owed anything by the league or by the Habs, as he'll be able to collect a couple of pay cheques next year.

I know it was largely discouraged among the pro-owner contingent here during the lockout but now that it's over you could try to look at these guys as human beings as opposed to, you know, soulless greed machines. Nobody said he's owed anything by the Habs. Just that an unfortunate by-product of the buyout formula that was cooked up was that a guy like Gomez, who probably has a ways to go to prove he deserves a spot on an NHL roster, might see his career ended in the NHL because it makes more sense for the Habs to not let him play than to play in the AHL.

Which, yes, does not change the fact that Scott Gomez is a very wealthy man and will continue to be so. However, crazy as it may seem, that isn't the be all and end all for some people.

 

[Derk]

Well, if you're a candidate for this kind of thing, it's a pretty huge blessing. 

I don't feel as though he's owed anything by the league or by the Habs, as he'll be able to collect a couple of pay cheques next year.

I wonder how the league handles a situation like Gomez deciding to retire...can he re-sign/come out of retirement?

Better yet, can the Habs buy him out still if he retires, or will they be forced to eat his cap hit until his contract is up?

 

[Frank E]

Well, if you're a candidate for this kind of thing, it's a pretty huge blessing. 

I don't feel as though he's owed anything by the league or by the Habs, as he'll be able to collect a couple of pay cheques next year.

I know it was largely discouraged among the pro-owner contingent here during the lockout but now that it's over you could try to look at these guys as human beings as opposed to, you know, soulless greed machines. Nobody said he's owed anything by the Habs. Just that an unfortunate by-product of the buyout formula that was cooked up was that a guy like Gomez, who probably has a ways to go to prove he deserves a spot on an NHL roster, might see his career ended in the NHL because it makes more sense for the Habs to not let him play than to play in the AHL.

Which, yes, does not change the fact that Scott Gomez is a very wealthy man and will continue to be so. However, crazy as it may seem, that isn't the be all and end all for some people.

Gosh, thanks Nik.  You're right, I see them as soulless.

Thank you for reminding me to be more sympathetic to the plight of Scott Gomez.

And I know it was largely discouraged among the pro-players contingent here during the lockout but now that it's over you could try to look at these guys as businessmen, as opposed to, you know, poor mistreated labourers from the early 19th century.