Proposal: Carey Price contract?

[General Fanager]

Why would a team agree to take on Price's contract for free when they could just sign UFAs instead?

The reports are that Montreal may need to move Price's deal to add to their team this off-season. Other teams have options to hit the cap floor. From a leverage point of view, Montreal clearly has less leverage than any team acquiring Price's deal.

I guess that shows you did not read the OP about this. 10.5 cap hit and ZERO dollars paid. (after July 1st)

 

[miscs75]

Vegas can use an additional buffer to add to the Mark Stone annual mid season vacation.

 

[General Fanager]

This is everything I hate about this league. If you're going to have a cap and allow blatant circumvention, then just get rid of it. You shouldn't be able to use a player everyone knows is never playing again to reach the floor, and that Tampa/Vegas post season bullshit needs to stop too. At no point should you get to send a team out on the ice that has an advantage because they let someone sit on their couch until the day the playoffs start, then he's magically fine.

I agree with you the league should change this in the next cba, but while this rule is still around I want The Habs to use it just like everyone else.....

 

[The Devilish Buffoon]

I am almost certain that insurance either a) does not cover the entire duration of the season or b) does not cover the entire value of the contract.

I dont think any teams will really struggle to hit the floor, and teams would rather pay $3m to someone who can play (and be dealt for an asset) than $1.5m to someone who cant.

Probably costs a midrounder to move him.

 

[Canadienna]

I hate this LTIRetirement stuff.

Price should retire a Hab. Like Weber should have.

 

[Qwijibo]

I am almost certain that insurance either a) does not cover the entire duration of the season or b) does not cover the entire value of the contract.

I dont think any teams will really struggle to hit the floor, and teams would rather pay $3m to someone who can play (and be dealt for an asset) than $1.5m to someone who cant.

Probably costs a midrounder to move him.

"With only $2M in actual salary to pay out, almost all of which is covered by insurance at this point, lower spending teams looking to reduce costs could easily find Carey Price’s contract attractive."

From the puckapedia article linked earlier in the thread. Montreal will need to pay out his $5.75m bonus on July 1st. After thst almost all of the remaining $2m in salary is covered by insurance durance. So a salary floor team (which is increasing by $5.6 m this season) gets a $10.5m cap hit for a couple hundred thousand dollars at worst.

 

[The Devilish Buffoon]

"With only $2M in actual salary to pay out, almost all of which is covered by insurance at this point, lower spending teams looking to reduce costs could easily find Carey Price’s contract attractive."

From the puckapedia article linked earlier in the thread. Montreal will need to pay out his $5.75m bonus on July 1st. After thst almost all of the remaining $2m in salary is covered by insurance durance. So a salary floor team (which is increasing by $5.6 m this season) gets a $10.5m cap hit for a couple hundred thousand dollars at worst.

I get all of that. I just really dont think there will be a team who needs anything close to that to reach the floor.

 

[Qwijibo]

I get all of that. I just really dont think there will be a team who needs anything close to that to reach the floor.

We'll see

 

[TT1]

A team isn't going to help Montreal out by taking Price's contract for free.

Montreal will probably pay like a 3rd or a B prospect for someone else to take on his deal.

we traded Weber's contract to Chicago in 2022 (which ends in 2026, also had very low $$ pay out left like Price) for Dadonov who had 1 year left on his deal, we traded Dadonov at the deadline for Gurianov (UFA), basically traded 5 years of Weber's contract @ 7.8M for nothing

pretty sure it'll be easy to trade 1 year of Price's contract to a floor team

 

[Moose Head]

I’m guessing a Price and a 4th for a 5th type trade.

 

[Empoleon8771]

we traded Weber's contract to Chicago in 2022 (which ends in 2026, also had very low $$ pay out left like Price) for Dadonov who had 1 year left on his deal, we traded Dadonov at the deadline for Gurianov (UFA), basically traded 5 years of Weber's contract @ 7.8M for nothing

pretty sure it'll be easy to trade 1 year of Price's contract to a floor team

Dadonov was a negative value cap dump at the time of the trade. Vegas tried to pay to move him to Anaheim at the deadline that year.

 

[Benstheman]

Why would a team agree to take on Price's contract for free when they could just sign UFAs instead?

The reports are that Montreal may need to move Price's deal to add to their team this off-season. Other teams have options to hit the cap floor. From a leverage point of view, Montreal clearly has less leverage than any team acquiring Price's deal.

Habs won't need the space and a team could trade for Price's contract because they don't have to pay him actual cash.

 

[TT1]

Dadonov was a negative value cap dump at the time of the trade. Vegas tried to pay to move him to Anaheim at the deadline that year.

ok but even then we're not talking about that big of a cap dump for a guy that had 1 year left on his contract, he was moved very easily at the deadline

also we're talking about 5 years with Weber's contract vs 1 year for Price's

 

[FerrisRox]

A team isn't going to help Montreal out by taking Price's contract for free.

Montreal will probably pay like a 3rd or a B prospect for someone else to take on his deal.

They wouldn't be taking it "for free" they would be taking it to save themselves millions of dollars.

 

[FerrisRox]

I hate this LTIRetirement stuff.

Price should retire a Hab. Like Weber should have.

Weber did retire a Hab. So did Carey Price.