If the cap does go up, then the discussion of buying out OEL makes some sense even if I still feel it's not worthwhile. Doing it before and hoping it goes up could put us in a position where we may lose Hronek or Kuzmenko because we simply don't have the cap space to re-sign them.
That is an issue, there is no chat about the cap going up at all and usually there is.
The recent bankruptcies of RSN's in the states, three so far, will impact the cap negatively. About 2/3 of US teams will be hit with negative cash flows of major proportions, while I cannot say for certain but some teams finances took the millions paid overall into daily accounts and may have even borrowed with that income expected to pay off credit.
IF the cap were to go down there is no way Pettersson will sign a long term contract IF he re-signs here at all.
If the cap goes up by only 4 million buying out OEL is out of the question for another 2 years minimum.
It is funny that GM's don't seem to work within a budget for the future.
One of the very few things they can build around with certainty is how much they are going to spend. Do they have a number for Pettersson already? Are they sure that it is enough or is it a hope and prayer that he signs for what THEY say and not what he wants?
What IF, Petey wants only a 3 year deal? Or goes to arbitration? What IF that number is along McDavid salary numbers? Or more?
Are there any projections for the next 3 or 4 years?
IMO the Canucks as constructed should make the playoffs next year, too many other teams in the conference will be re-tooling or rebuilding and capped out. They should be able to get a WC spot easily. But then a probable one and done with a re-tool. rebuild after. The team just isn't set up in cap structure or age of players to keep this group together.
Already next year's cap is estimated at 83.5 million with 100 million in salaries and only 17 players signed. Not great. Even if they buyout OEL they still only have an additional 7 mil for all those players and the next year that cap hit gets bigger and the year after doubles again. 18.5 million in signing bonuses. That also carries an unavoidable cap hit.
Miller is playing pretty good right now, so was Giroux at 31, Toews at 30, Kopitar at 30, Getslaf at 31 all these guys fell off a cliff in ice time and points some more than others. There are many examples of player decline at age 31 on, sometimes really big declines and others less so because the team re-tooled earlier.
IMO next year the playoffs include;
Vegas
Oilers
Kings
Avalanche
Wild
Stars
Kraken
Canucks
Jets
**Ducks**
Without any additional big moves this looks to be the teams competing for a spot, maybe not in perfect order but the other teams still look to be stepping back.
The Canucks really only have to compete against the Kraken and Ducks IMO to make it, almost a gimme though.