Derek Ryan waived / Josh Brown demoted

[Bring Back Bucky]

At least someone is watching this team play and can recognize when mistakes were made. Ryan is done as a regular in this league and Brown never should've been leaned on as such. Whatever pro scout(s) were behind both of those calls should be canned, but on the other hand we'd have less than three of them then so probably not.

Klingberg gets his shot against WAS I would guess. With Connor likely suspended a game or two he can soak up all the PP minutes he can handle. Skinner probably draws back in after the team gave up 3+ goals in back to back games, which should help Knoblauch realize he's not the only one playing suspect D up front.

I wonder if Knob goes back to 11/7 for the next two games so he can have a safety valve in case Klingberg's fitness isn't up to par:

Podz-Draisaitl-Arvidsson
Skinner-RNH-Hyman
Janmark-Henrique-Brown
Philp-Perry/Kapanen

Ek-Bouch
Nurse-Klingberg
Kulak-Emberson
Stecher

I don’t think Klingberg gets in that fast.

 

[Jimmi McJenkins]

I hope Ryan clears, there's value in him still being in the organization, though it's the right call

I hope we never hear from Josh Brown again

 

[Dynamic]

Hope he clears, sneaking suspicion he will be back up even if its just as a black ace come playoff time. Might be done as a regular but having a guy with deep playoff experience is never a bad thing.

 

[OfCorsiDid]

All the best to DR. He played really well for us, for wayyyyyy longer that I ever expected him to. It’s a bit harsh to send him down like this, but the NHL is a business.

So long, farewell Derek! I’ll start my Application with @Messrules11 (hehe) to post a retirement thread for him now.

 

[Frank the Tank]

Derek Ryan should issue a statement like Spezza did in his final season - I want to play in Edmonton to finish my career. If anyone claims me, I'm retiring on the spot.

 

[MoontoScott]

The Klingberg contract is complicated because it was signed mid year and includes a signing bonus. This is my understanding:

1. Klingbergs annual pro-rated salary is 1M. So if he signed it before the season he would have been owed the full 1M. However because he signed it with 91 days left it would be 91/192 or 47.4%. That's 474k in cash that he would be paid which is basically paid out as he plays the game, not as a lump sum.

2. Klingberg had a 350k signing bonus. This amount is paid in full. So if the Oilers are under the cap, the full 350k is added to the 474k. In total that would be 824k in cash paid out to the player.

3. This is different than his annual cap. His annual cap hit is the 1M annual salary plus the signing bonus of 350k. However, since the signing bonus was done for half the games, you essentially have to double (now 700k) if it was an "annual amount". That makes the annual cap hit 1.7 (1M salary plus 2x the signing bonus of 350k).

4. LTIR is a whole other ball of wax. LTIR doesn't increase a teams cap, rather it's supposed to "make teams whole". So when it comes to these mid-season contracts it actually penalizes you if you try using LTIR. So instead of the 824k, it uses that full 1.7M annual amount.

Hope that helps!

Excellent summary-thanks--point #3 makes it clear where the number comes from. I would not have guessed that the "bonus cap hit" would be doubled ---since the contract was signed mid-season-- but I guess that if you just did it for the 350K (and not 700k) then that would be another creative way for teams to maximize their cap room on an annual basis.

The LTIR rules ultimately sound like something for the Supreme Court to resolve. "Make teams whole" is an ambiguous statement that could be interpreted several ways. I'm amazed that it made it thru the players agreement with the league. It sounds like the preamble to the Constitution or something. I wonder what hockey executives from the past would have thought about this stuff?