i'll give it a shot.
in a vacuum, is six years preferable to eight? absolutely. but they can just treat it like a six year deal and get out of the deal after year 6, either via trade or buyout.
the
opportunity cost of not getting severson here is either:
- rushing jiricek into a top pair role at 19
- putting boqvist on the top pair (too rich for him + bad fit with werenski)
- putting peeke on the top pair (way too rich for him)
- putting blankenburg on the top pair (injury prone)
…
and getting severson allows them to trade at least one of boqvist/peeke (if not both eventually).
Acquisition | Total acquisition cost |
Damon Severson
- Fills biggest need
- Six years
- Market value contract
Additional assets from:
- Trading Peeke
- Trading Boqvist | Up front cost
- 2023 3rd round pick
Deferred cost
- $2.85m cap hit in 29-30
- $2.85m cap hit in 30-31
- $1.70m cap hit in 31-32
- $1.70m cap hit in 32-33
OR non-first round pick in early 2030s (trade) |
the alternative to a buyout is trading him in the last two years of his deal. the picks they'll get from peeke/boqvist trades (which severson's acquisition enables) will be, at worst, a wash with whatever picks they give up in 2029-30.
but even if it comes to a buyout, that won't hurt their cap situation at all. the cap is projected to be $92 million by 2025-26. at that rate, it should be over $100m by 2029. it's not worth losing sleep over the possibility (not guarantee) of the jackets only having 98% of the cap to play with nine years from now.
in other words: the
total cost with severson (cost to acquire + cost to jettison in six years) gets easily recouped by trades that can happen now that he's in the fold,
or is paid in a very low percentage of the salary cap a very long time from now. the jackets come out ahead either way.
as for the more medium-term of needing to sign other guys… well, in 3-4 years they'll have:
- gudbranson off the books ($4m)
- elvis off the books ($5.4m)
- provorov off the books ($4.7m)
- jenner off the books ($3.7m)
- kuraly off the books ($2.5m)
- peeke off the books ($2.7m)
- boqvist off the books ($2.6m)
- bean off the books ($2.2m)
that's without considering laine or werenski – they're flush with wing + LHD prospects and can build around fantilli + jiricek, so it's not out of the question that they let those guys walk (or trade them for a haul of futures) to free up almost $20m of additional future cap.
they have three ELC years each for fantilli, jiricek and svozil. kent johnson has 10.2(c) status which will keep his next deal low. marchenko's a prime bridge candidate. sillinger's a low bridge candidate, too. mateychuk, del bel belluz and dumais are all slide-eligible for another year, meaning it could be
four years until those guys hit RFA.