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Around the NHL: Part XX

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Amazing Kreiderman said:
The penalty is $24,571,428

What matters here is when Weber retires and how many years are left on the SPC. The SPC ends in 2026.

If he retires in 2020, it's 6 years. $24,571,428 : 6
If he retires in 2021, it's 6 years. $24,571,428 : 5
If he retires in 2022, it's 6 years. $24,571,428 : 4
If he retires in 2023, it's 6 years. $24,571,428 : 3
If he retires in 2024, it's 6 years. $24,571,428 : 2
If he retires in 2025, it's 6 years. $24,571,428 : 1

Divide the 24m by the no of years left, basically.

NSH total money paid minus the total AAV during his tenure with the club, divided by the number of years, is the annual cap recapture penalty until 2026
Click to expand...
So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?
 
aufheben said:
So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?
Click to expand...

Correct.

FYI: This cap recapture penalty only applies to so-called "long term contracts", which are 6 yeras and longer, and were signed under the old CBA (2012 and before)
 
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haohmaru said:
Quite possibly the first time in NHL history, I think, that only one original six team will make the playoffs...
Click to expand...

That's actually crazy that that's never happened before. When I get back home I'll do an analysis on what the odds of that are but they can't be super strong.

Edit: I will assume every team has equal odds of making it.
 
aufheben said:
So if Weber retires right now the Predators have to deal with a $4,000,000 cap hit for the next 6 seasons?
Click to expand...

He basically can't f***ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire
 
NYRFANMANI said:
He basically can't ****ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire
Click to expand...

weber would become allergic to his equipment on go on LTIR
 
SnowblindNYR said:
That's actually crazy that that's never happened before. When I get back home I'll do an analysis on what the odds of that are but they can't be super strong.

Edit: I will assume every team has equal odds of making it.
Click to expand...

No of Original Six teams making the play offs since they were split up into different divisions in 1971 below.

4 O6 teams missing the play offs is the most. The only seasons 4 out of 6 missed the play offs were 2000, 2001, 2007, 2018 and 2019

2018-19: 2
2017-18: 2
2016-17: 5
2015-16: 3
2014-15: 4
2013-14: 5
2012-13: 6
2011-12: 4
2010-11: 5
2009-10: 4
2008-09: 5
2007-08: 4
2006-07: 2
2005-06: 3
2003-04: 4
2002-03: 3
2001-02: 5
2000-01: 2
1999-00: 2
1998-99: 3
1997-98: 3
1996-97: 4
1995-96: 6
1994-95 :5
1993-94: 6
1992-93: 5
1991-92: 5
1990-91: 5
1989-90: 5
1988-89: 5
1987-88: 5
1986-87: 6
1985-86: 5
1984-85: 5
1983-84: 5
1982-83: 5
1981-82: 4
1980-81: 5
1979-80: 5
1978-79: 5
1977-78: 6
1976-77: 4
1975-76: 5
1974-75: 5
1973-74: 5
1972-73: 4
1971-72: 5
1970-71: 5
 
NYRFANMANI said:
He basically can't ****ing retire at all. Or best for NSH to work with, retire today. That's the best outcome for them. lmao (I assume 6y/4m >>> 2y/12m f.ex.)

Is there any restriction or condition to "retiring" in this context? As far as I get it, most of these contracts expire soon, or are held by the team that signed the guy.
So they keep the guys on LTIR until the contract expires. Weber's case is the worst case scenario, six years left, NSH doesn't hold the contract.

Maybe NSH can trade back with a bunch of picks? Then put Weber on LTIR?*if the day comes, he'll actually would have to retire
Click to expand...

The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid
 
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Amazing Kreiderman said:
The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid
Click to expand...

Also unable to play anymore and retired are two different things that many people confuse. There is basically no incentive for any player to "retire" unless they don't want to fly out once a year for a medical examination to prove they are indeed injured.

If Weber's medical issue is chronic and serious enough where he can no longer play, he'll get paid his full salary until the contract expires in 2026, being on the LTIR on whomever's roster in the interim.

@Amazing Kreiderman Want to take a stab at explaining the intricacies of LTIR to the masses, as hands down, is the most misunderstood thing by HF posters.
 
frozenrubber said:
Also unable to play anymore and retired and two different things that many people confuse.

If Weber's medical issue is chronic and serious enough where he can no longer play, he'll get paid his full salary until it expires in 2026, being on the LTIR on whomever's roster.

Want to take a stab at explaining LTIR to the masses, as hands down, is the most misunderstood thing by HF posters.
Click to expand...

Contrary to popular belief, LTIR does not give you cap relief. It just allows you to spend that amount over the cap. You aren't banking daily cap space for the amount on LTIR, so to speak.

He will not count towards the 23-man roster limit though.
 
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Maximus said:
This Pastrnak fella is pretty good. 3 more goals tonight and 2nd hat trick vs the Habs this year.

Pasta's 41 goals puts him slightly ahead of Ovie and Matthews 40 each.

Going to be a fun race to see who wins the Rocket Richard award. My money is on Pasta to win it as his true breakout season continues.
Click to expand...
As a 19 year old he also had 10 goals for the Bruins in his rookie season.....Kakko on about the same pace!!!
 
Fun fact- if Weber were to retire in the summer of 2025, There would be a one year cap hit of 25 million dollars for Nashville.
 
Amazing Kreiderman said:
Yes, we just went over that
Click to expand...

I'd read back beyond the first page of a thread, but it seems... difficult.

giphy.webp
 
Amazing Kreiderman said:
The only thing that can void the cap recapture penalty is literally death, as specified in the CBA (Not even joking here).

If a player is on LTIR, he technically is still under contract and gets paid
Click to expand...

Can NSH trade back for him? Would MTL do NSH the favour of holding contract on LTIR? Seems to me MTL could blackmail NSH, but etiquette will prevent that from happening. I guess.
 
leetch99 said:
LTIR and Summer Cap...how does that work ?
Plus...Habs are paying very little salary on Weber in the last few years of his deal 4 ? Million/per...something along those lines I have heard Hab fans say .
Click to expand...

The last 3 years of his contract, Weber is paid 2m a year (1m SB, 1m BS)
 
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