No, this isn't how that works.
Signing bonuses are part of a player's cap hit and salary, NOT IN ADDITION TO IT.
Phaneuf's 2016/18 salary is still $7mil... it's just $6mil paid out during the season, and a $1mil bonus paid up front at the beginning of the season.
The rest of the years are like that as well. His 2018/19 salary is $5.5 + $1mil bonus. His 2020/21 salary is $3mil + $2.5mil bonus.
The CBA prohibits salary bonuses outside of cap hits.
Bishop for Phaneuf
I like it.
So a fully healthy lineup:
Hoffman-Turris-Ryan
Smith-Pageau-Stone
MacArthur-Zibanejad-Chiasson
Prince-Lazar-Neil
Dzingel/Puempel
Methot-Karlsson
Phaneuf-Ceci
Wiercioch-Boro
Wideman
Not bad.
Should we expect to see Matt Frattin seeing any time with the big club?..
No, this isn't how that works.
Signing bonuses are part of a player's cap hit and salary, NOT IN ADDITION TO IT.
Phaneuf's 2016/18 salary is still $7mil... it's just $6mil paid out during the season, and a $1mil bonus paid up front at the beginning of the season.
The rest of the years are like that as well. His 2018/19 salary is $5.5 + $1mil bonus. His 2020/21 salary is $3mil + $2.5mil bonus.
The CBA prohibits salary bonuses outside of cap hits.
Hello I'm a pretty neutral fan. I'm curious, how do you feel about the value of this trade? Do you guys think Phaneuf will thrive on the 2nd pair? Will you miss Michalek? Is Lindberg a strong prospect? Can Cowen's career get revived?
I hope this helps you go far in this year's playoffs.
So Pageau is now our full time second line center?
Bishop + Hossa + 9th Overall for Phaneuf
Should we expect to see Matt Frattin seeing any time with the big club?..
No we aren't.
After those contracts have expired, they have opened up the wallet, as their replacements will cost money in the next few years.
Bishop + Hossa + 9th Overall for Phaneuf
Do you guys think Phaneuf will thrive on the 2nd pair?
Will you miss Michalek?
Is Lindberg a strong prospect?
Can Cowen's career get revived?
Should we expect to see Matt Frattin seeing any time with the big club?..
Was it worth taking on a 7 million dollar #3 damn for 5 years? They were better off keeping Cowen and Michalek for another year for their contracts to expire. The Sens will regret this move in the near future.
Should we expect to see Matt Frattin seeing any time with the big club?..
Was it worth getting a #3 defender who will cost us an average of 5 million per year of actual dollars over the remaining term of his contract while dumping 11 million in valueless contracts?
It would have been worth it even if 2nd pairing LD wasn't by FAR the absolute weakest position on our team.
Leaf fans seem pretty ecstatic.
They love the cap space this will create down the road.
They love that they've increased their chances of drafting Matthews or one of the Finns.
They trust their management teams' assessment of Tobias Lindberg. They scouted him hard and believe he's the real deal.
They're happy to see Cowen, Greening and Michalek coming off the books after next season. They may even get a pick for Michalek at the deadline. They'll try to turn Cowens' gamr around. If they can't....,well no bigggie.
They're quite pleased to pick up a second rounder from a bad team.
They're hoping Ottawa winds up in a worse draft position in a great draft year. Echoes of the Campoli trade for me.
Some, but not all, are just really thrilled to see the end of Phaneuf.