Confirmed with Link: Blues and Saad agree to Mutual Contract Termination

[mk80]

If we retain on contracts that will expire this summer, or just retain to help a deal go through, then sure. I just don’t want to be taking on any dead weight players that would have to be on our roster next season. We’ve tried our hand at projects like that recently (Joseph, Texier, Hayes, Kapanen, Vrana etc) and they’ve failed miserably so I don’t want to be acquiring any more guys like that. Army clearly wants to start competing soon so I imagine he’s finished with those types of experiments too.

Oh yeah nothing long term, but just taking picks and eating some salary for guys moving at the deadline that would expire this summer

 

[Xerloris]

I'm sure they would prefer to trade Miller. But he has a full NMC, is clearly a less valuable asset, and they very well might not be able to get anything of actual value for him. You have respected guys like Friedman going on national TV and saying that they are shopping Petey. He want as far as saying he thought that a deal was almost done to send him to Carolina the day before the Rantanen trade got done. The Canucks beat writer just wrote an article about the potential that Petey could be the one who gets moved due to the lack of a market for Miller. Jeff Marek is talking about Petey potentially being the odd man out.

Rumors aren't gospel, but there is absolutely every indication that they are genuinely considering a Petey move.

And while they absolutely want a center back, this was their GM's quote about it in an interview a couple days ago: “So yeah, if a centre goes out of here we have to get some kind of centre back but it’s not going to be the same as the centre going out. It might not even be a No. 2 centre, but you’d have to do the best with what we have until we figure out how to fill that spot back in." Emphasis mine.

That certainly doesn't sound like a guy who is fielding offers that include centers that they like. That sounds much more like a GM who is prepping his fanbase for a trade where they get a warm body who can play center in the short term while they try to address the problem long term. Not for nothing, but one of Sunny or Faksa would be perfectly expendable if we swapped Kyrou for Petey. Petey would bump Schenn to 3C and those two would be competing for the remaining 4C spot. I'm sure we would be more than happy to throw Faksa into a deal and we could even retain 50% and still come ahead on the cap.

Again, I'm not expecting an imminent Kyrou for Petey swap. But I also think that Vancouver has done a terrible job managing this issue between Miller/Petey and it appears to me that the markets are drying up. Carolina was one of the few teams reportedly on Miller's trade list and I don't see them looking to commit money to Miller long term now that they will be trying to extend Rants. They were reportedly close to a deal with Carolina, who doesn't have an abundance of centers to offer in return. I think it is pretty likely that Jack Drury would have been the center going back to Vancouver in a deal where the other asset(s) were the primary target. That primary asset very well could have been Necas.

I think it is getting more and more likely that there simply isn't (and won't) be an offer that includes the type of center that plugs the hole they create in the short or long term. I think they are probably dealing with a reality where any deal for either player will leave them needing to make an additional move to bring in another center.

As much as I would like EP, I just don't see what we have to offer if they truly insist on a center in return. It's obviously not going to be Thomas.

 

[BlueSeal]

As much as I would like EP, I just don't see what we have to offer if they truly insist on a center in return. It's obviously not going to be Thomas.

I don't want us anywhere near EP or Miller. Take that nonsense to some other franchise.

 

[Xerloris]

I don't want us anywhere near EP or Miller. Take that nonsense to some other franchise.

He wouldn't be my first choice

 

[TheDizee]

Good luck to Saad, hope he finds the right fit and team.

 

[BlueDream]

I don't want us anywhere near EP or Miller. Take that nonsense to some other franchise.

I understand not wanting Miller but we should absolutely be inquiring about Pettersson. I feel like it’s highly unlikely that Pettersson is an actual locker room cancer that would cause any issues here. I think it’s Miller and Miller only that he has a problem with, and that’s why without being in the locker room I’d place the blame more on Miller in this rift. His grating personality is well known.

If we could get Petey for a deal around Kyrou and a throw in as Brian is talking about, I’m absolutely pulling the trigger on that. Thomas and Petey as our 1-2 down the middle could transform this team for several years. There are hardly any options out there that would be an upgrade on that anytime soon.

 

[SirPaste]

My 3 immediate thoughts...

1. This is a massive positive for cap space moving forward.
2. It's clear that Saad has made more than enough lifetime earnings that the additional 2-3 million difference would not offset the quality of life with riding the AHL bus away from his wife and family.
3. You have to wonder at what point Krug would share the same diminishing returns as Saad given that he has a young family too. He clearly has much more money left on the table, but I wouldn't rule out a mutual termination in the future.

Krug has no reason to do so. He isn't likely ever playing again, all he has to do is report to camp and then sit back and collect the check while at home with his family.

 

[ds774622]

Part of that will cover Suter performance bonus for his games played this year

100% correct. If you're curious about the mechanics like I was...

 

[Brian39]

Part of that will cover Suter performance bonus for his games played this year

FWIW, we had the space to cover the entirety of his potential bonuses before shedding cap this week.

 

[SirPaste]

FWIW, we had the space to cover the entirety of his potential bonuses before shedding cap this week.

Sorry if I missed it but what happens to the bonus's if we move Suter at the deadline? That would become the new teams problem correct?

 

[ds774622]

FWIW, we had the space to cover the entirety of his potential bonuses before shedding cap this week.

How does that work/break out between using LTIR vs out of LTIR? Assuming losing Saad's cap hit has an impact on either scenario, and I'm not smart enough to know what PuckPedia is basing these number on.

 

[ds774622]

Sorry if I missed it but what happens to the bonus's if we move Suter at the deadline? That would become the new teams problem correct?

That's a good question that I've been researching and haven't found a concrete answer. The CBA talks about performance bonuses and including them as a yearly accrual. This leads me to believe that even though Suter has hit some of his benchmarks, the bonus isn't actually paid until the season is over.

So then that contract and its bonuses, if traded, would be either the responsibility of the new team, or conditions would need to be negotiated as part of the trade.

 

[Bye Bye Blueston]

FWIW, we had the space to cover the entirety of his potential bonuses before shedding cap this week.

I don’t believe that is correct. My understanding is if we are in ltir we can’t accept the bonus this year. Would need to get below cap and out of ltir. Am I not understanding that correctly?

 

[ChicagoBlues]

My 3 immediate thoughts...

1. This is a massive positive for cap space moving forward.
2. It's clear that Saad has made more than enough lifetime earnings that the additional 2-3 million difference would not offset the quality of life with riding the AHL bus away from his wife and family.
3. You have to wonder at what point Krug would share the same diminishing returns as Saad given that he has a young family too. He clearly has much more money left on the table, but I wouldn't rule out a mutual termination in the future.

Again, like BarnBurner, I think Saad just rides off into the sunset with loads of cash and a young family.

MAYBE he takes a quick contract for one more Swan Song Cup run with the aim of fun and then retirement in mind. I'd like to see this. Go out on top and call it a career!!

I'd have to imagine that he and his closest family and friends are discussing all these options just like we are. Each and every one of these scenarios is being considered.

 

[ChicagoBlues]

That's a good question that I've been researching and haven't found a concrete answer. The CBA talks about performance bonuses and including them as a yearly accrual. This leads me to believe that even though Suter has hit some of his benchmarks, the bonus isn't actually paid until the season is over.

So then that contract and its bonuses, if traded, would be either the responsibility of the new team, or conditions would need to be negotiated as part of the trade.

I think it's more black and white. This may sound banal and circular, but the contract is the contract and the terms and conditions move along with the contract no matter at which point in the contract the player was traded.

That's my guess.

 

[BadgersandBlues]

I think he's going to get offers from Edmonton, Columbus, and probably Dallas just to name a few.

 

[ChicagoBlues]

Read some of the main thread on this topic and was a little surprised (I know I shouldn't be) that the overwhelming shared perception is that Saad is walking away from millions of dollars and how could he do that etc etc......

If he retires, then I don't see this as walking away from anything, but walking into another part of his life. He has money. I've never understood the focus on money. It's like when Skyler showed Walt the stack of cash in the storage locker. Is this enough?