Friedman: Canes to buyout Kotkaniemi?

[Djp]

On a recent episode of 32 thoughts Friedman said that the Canes could buyout K2.

On one that's brutal that's a 12 year buyout.

On the other he's under 26 so It's a 1/3 buyout.

835K for 12 years

It's not thst.

Its one amt for the last 6 contract years, a diff amt for non contract years

Thanks for posting his birthday, I think July 1 is cutoff. So looks like 2025 then for 1/3.

with the early july birthday. The buy out in june needs to be done before july 1 2026

 

[Legion34]

Seems silly to do now. He’s only 23 and lots of money coming off the books.
Every year you take him takes 2 off the length of the buyout.

If you did it in 2 years it’s much less term.

 

[gritdash60]

They probably will since its very cheap in terms of caphit for them. How do the buyouts work for the players? How much money do they get if any? Or all of it? Sorry i've never looked in to the buyout things too much.

 

[Dichow Stopper]

Kotkaniemi and Aho autograph for Dvorak

 

[Jacob]

Retention is a deadstop dealbreaker because if you subsequently buy him out, we tie up a retention slot for the term of the buyout.

It has to be at full value if we trade him.

Okay, we’re looking for prospect volume so some late picks added would be fine.

We don’t really have any contracts where I’d say “take this” to offset. Smith is only signed for a year and probably has a little value still.. you guys wouldn’t want Rakell, Graves or Jarry. I’d like to dump Acciari but the coach and GM wouldn’t.

 

[OrangePMD]

They probably will since its very cheap in terms of caphit for them. How do the buyouts work for the players? How much money do they get if any? Or all of it? Sorry i've never looked in to the buyout things too much.

Player get 1/3 or 2/3 of their remaining base salary, depending on their age, and 100% of any signing bonuses. The total buyout salary is divided by the remaining contract years times 2, and paid out same as all NHL salary, biweekly during the season. Signing bonuses are paid as agreed in the original contract.

TLDR; Players get some of the money or most of the money, but they'll usually have to wait twice as long to get it all.

 

[WreckingCrew]

I don't think PIT would require retention. Just a sweetner. Not something significant. 2nd or 3rd and taking back a contract like Eller or Smith.

Rakell for Koko straight up kinda makes sense for both teams too.

Once again, I bet we buyout before adding a "sweetener"...and we're definitely not taking back one of those contracts

 

[Frank Drebin]

Come back to Montreal, goofball

 

[JianYang]

Per annum, it's not a crippling amount, especially for a team off the top of my head that doesn't have dead cap to begin with.

Considering, their window is now, I'd probably take the cap savings from the buyout, and use it to further push this team forward. I don't think they should be waiting for KK to potentually turn things on, and judging by the kinds of moves they seem to be making of late, I don't think the canes will be waiting either.

 

[Czechboy]

I was going to suggest our trash for your trash.. Jack Campbell for him straight up but then I saw he's signed for 2 more years.

He's a good player, an NHL but I'd buy him out unfortunately.

 

[Michel Beauchamp]

As a Canadiens fan, I found this very funny...

 

[Frank Drebin]

So here's the thing

6 years left at 4.82
He's overpaid this season by 2m

So you overpay a player by 2.0 m for 6 years vs having 800k on the books for 12.

The only reason you buy him out is if he doesn't fit on your roster.

 

[TheKingSlayer]

So here's the thing

6 years left at 4.82
He's overpaid this season by 2m

So you overpay a player by 2.0 m for 6 years vs having 800k on the books for 12.

The only reason you buy him out is if he doesn't fit on your roster.

Have you known teams to buy someone out that DID fit on the roster?

 

[Frank Drebin]

Have you known teams to buy someone out that DID fit on the roster?

I haven't thought about it.

Probably not

 

[Eco]

Good for the Canes.

 

[DudeWhereIsMakar]

I think this is dumb because he does have a team friendly deal. But I guess they're eager to extend Jarvis and Guentzel.

But... from my inside source KK has a very bad attitude problem. But his contract is indeed tradable, just don't know who'd take it. But my guess is he end up in either Vancouver, Calgary, Columbus or Edmonton.

 

[biturbo19]

I'd imagine so. He sucks and isn't nearly worth that contract and probably never will be.


But how did we go from Jesperi Kotkaniemi to "KK" to now "K2"? wtf is that? That's a mountain. He's not a mountain.

 

[Gurglesons]

Once again, I bet we buyout before adding a "sweetener"...and we're definitely not taking back one of those contracts

Yeah, I'm sure the GM who hates spending money is just gone throw 10 mil to make a problem go away.

 

[malcb33]

Come back to Montreal, goofball

If he was bought out, I’d like Montreal to take another flyer on him. Totally different management and team now, and I think Marty could be great for him.

 

[Pinkfloyd]

Would Carolina do something like Kotkaniemi and a 1st to the Sharks for Burroughs and a 3rd or something like that? Swap of players and swap of picks?

 

[bobbythebrain]

You could say they're waddling back on the contract

 

[theVladiator]

Yeah, if there isn't a team willing to take a chance on him that needs a center, it's the obvious choice. The 1/3 buyout is good for another season, so a team could risk getting him for future considerations, play him a year and buy him out at the end of next season for 10y at 835k. Just a thought.

So, pay 13M for a year of Kotkaniemi? Not a very attractive option IMO.

 

[Boom Boom Apathy]

So here's the thing

6 years left at 4.82
He's overpaid this season by 2m

So you overpay a player by 2.0 m for 6 years vs having 800k on the books for 12.

The only reason you buy him out is if he doesn't fit on your roster.

Another reason could be they need the cap space right now for a more important player/position (ie..keeping one of Skjei/Pesce for instance) so buying him out now frees up $4M immediately. I guess that still kinda falls into the "doesn't fit on the roster" bucket though.

 

[SI90]

On a recent episode of 32 thoughts Friedman said that the Canes could buyout K2.

On one that's brutal that's a 12 year buyout.

On the other he's under 26 so It's a 1/3 buyout.

835K for 12 years

12 years is brutal but 835k in the grand scheme of things isn’t bad at all.

 

[Boom Boom Apathy]

On a recent episode of 32 thoughts Friedman said that the Canes could buyout K2.

On one that's brutal that's a 12 year buyout.

On the other he's under 26 so It's a 1/3 buyout.

835K for 12 years

Just curious. Did he say he heard the Canes were considering this? Or was this just him speculating because of all the UFAs/RFAs the Canes have?