Confirmed with Link: Captain Logan Couture announced the end of playing career.

It's a bit of a sad day. I wonder if they would consider retiring Couture's number. I know they have just started and shouldn't overdo it, but he brought so much to this organization. I kinda wish the Sharks had a Hall of Fame type thing to just celebrate alumni over the years. When I became a fan my favorite player was Owen Nolan and while I don't think they should retire his number, putting him in a ring of honor type thing would be the next best thing. Especially if the Sharks can get out of this doldrum they are in, embracing thier history while making many more memories might not be a bad idea.
 
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Sad day indeed!!!

In the sixth year of an eight-year, $64 million contract, Couture is still owed $13 million over the next two years.
Sharks general manager Mike Grier Tuesday afternoon at SAP Center, where it's expected he will announce that he cannot continue playing but not that he is retiring.
This would allow the Sharks to list Couture on either injured reserve or long-term injured reserve. Couture's salary cap hit will still be on the books for the next two seasons, but the Sharks would avoid a costly cap recapture penalty by the league.

Ok, Can someone who is knowledgeable about contracts explain this. LTIR vs Buyout. Or is it because they front-loaded his contract and now they are in trouble because they can't just buy him out?
 
Sad day indeed!!!

In the sixth year of an eight-year, $64 million contract, Couture is still owed $13 million over the next two years.
Sharks general manager Mike Grier Tuesday afternoon at SAP Center, where it's expected he will announce that he cannot continue playing but not that he is retiring.
This would allow the Sharks to list Couture on either injured reserve or long-term injured reserve. Couture's salary cap hit will still be on the books for the next two seasons, but the Sharks would avoid a costly cap recapture penalty by the league.

Ok, Can someone who is knowledgeable about contracts explain this. LTIR vs Buyout. Or is it because they front-loaded his contract and now they are in trouble because they can't just buy him out?

I don’t know what recapture penalty is being discussed here. The Sharks cannot buyout Couture’s contract if he is not medically cleared to play during the buyout window (which isn’t going to happen now)

Other than that, according to puckpedia’s buyout calculator and contract details I don’t see anything that is particularly onerous about buying out his contract if they could such a thing.

As far as IR/LTIR is concerned, in either case Couture’s $8M cap hit counts against the salary cap for the next two years. If the Sharks find themselves in a situation where they are close to the cap limit and would like add more salary they can move Couture to LTIR, and then exceed the cap by up to $8M.
 
It's a bit of a sad day. I wonder if they would consider retiring Couture's number. I know they have just started and shouldn't overdo it, but he brought so much to this organization. I kinda wish the Sharks had a Hall of Fame type thing to just celebrate alumni over the years. When I became a fan my favorite player was Owen Nolan and while I don't think they should retire his number, putting him in a ring of honor type thing would be the next best thing. Especially if the Sharks can get out of this doldrum they are in, embracing thier history while making many more memories might not be a bad idea.

I doubt he'll get his number retired but I can see a case where they would. They'll probably just do what they did with Pavelski Nolan and Nabokov and soft retire (i.e. temporarily don't reassign) #39 for about 5-10 years.
 
Solemn event, but nice to see Couture seems at peace with his decision, it also makes his extended absence make all that much more sense to know he probably had to have come to grips with this reality months ago by now

I'm glad the presser could just be about Logan and his career and there was no mention of the captaincy, that conversation can be had another day

One thing that struck me in the moment, when Doug Wilsom said that Couture "belongs on the Mount Rushmore of San Jose Sharks" I paused for a second, but it made me think, is he the single best player who ONLY ever played for the Sharks in the NHL? Because he just might be

Anyway, happy for him and his family, hopefully we see him work for the org in some capacity if he so desires
 
One thing that struck me in the moment, when Doug Wilsom said that Couture "belongs on the Mount Rushmore of San Jose Sharks" I paused for a second, but it made me think, is he the single best player who ONLY ever played for the Sharks in the NHL? Because he just might be
This is an interesting debate. Vlasic at his peak was one of the very best in the game but after those two the pickings are pretty slim.
 
It's a bit of a sad day. I wonder if they would consider retiring Couture's number. I know they have just started and shouldn't overdo it, but he brought so much to this organization. I kinda wish the Sharks had a Hall of Fame type thing to just celebrate alumni over the years. When I became a fan my favorite player was Owen Nolan and while I don't think they should retire his number, putting him in a ring of honor type thing would be the next best thing. Especially if the Sharks can get out of this doldrum they are in, embracing thier history while making many more memories might not be a bad idea.

Couture's retirement is definitely a great time for the Sharks to start their own Ring of Honor, (that is in SAP Center arena) for those one notch below number retirement.
 
Solemn event, but nice to see Couture seems at peace with his decision, it also makes his extended absence make all that much more sense to know he probably had to have come to grips with this reality months ago by now

I'm glad the presser could just be about Logan and his career and there was no mention of the captaincy, that conversation can be had another day

One thing that struck me in the moment, when Doug Wilsom said that Couture "belongs on the Mount Rushmore of San Jose Sharks" I paused for a second, but it made me think, is he the single best player who ONLY ever played for the Sharks in the NHL? Because he just might be

Anyway, happy for him and his family, hopefully we see him work for the org in some capacity if he so desires
Vlasic definitely had the more impressive career. If the ending of their careers were flipped where Vlasic had to abruptly give up hockey he would be seen in a much more positive light.
 
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In the past, I've criticized the Sharks for bringing players like Thornton and Marleau back into the organization...but I would like it if they brought Couture in an advisory role.
 
San Jose Sports Hall of Fame?

Nolan and I think Nabokov are in there.

I know they have a Bay Area Sports Hall of Fame, but I'm talking about something that is prominant in SAP Center. I see many other teams and franchises having like a Ring of Honor or personal Hall of Fame and over the year I think I would prefer that than just retiring numbers. I know for the Sharks there are numbers that definitely should never be worn again (Thornton and Marleau) but there are those players who meant so much to the franchise but didn't really take it to the next level (Dan Boyle, Logan Couture, Owen Nolan, Mike Ricci, etc). I guess I like when teams embrace their history and I wish the Sharks would do more to embrace theirs, especially being the only hockey team in the Bay Area.
 
I know they have a Bay Area Sports Hall of Fame, but I'm talking about something that is prominant in SAP Center. I see many other teams and franchises having like a Ring of Honor or personal Hall of Fame and over the year I think I would prefer that than just retiring numbers. I know for the Sharks there are numbers that definitely should never be worn again (Thornton and Marleau) but there are those players who meant so much to the franchise but didn't really take it to the next level (Dan Boyle, Logan Couture, Owen Nolan, Mike Ricci, etc). I guess I like when teams embrace their history and I wish the Sharks would do more to embrace theirs, especially being the only hockey team in the Bay Area.
If you have been in SAP center then you would know the Bay Area HOF is very prominent. It just is not visible on tv inside the arena. I do think a ring for just Sharks would be a nice touch but maybe that could be something they save for when they eventually get a new building.
 

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