Value of: Erik Karlsson @6M
- Thread starter Lemieuxs
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A lot.
His “age” doesn’t matter because his contract is up in 2 years and he’s still playing at a high level showing no signs of not playing that way inside 2 years.
In today’s cap, $6M is cheap for a guy like him. Contenders should be lining up
His “age” doesn’t matter because his contract is up in 2 years and he’s still playing at a high level showing no signs of not playing that way inside 2 years.
In today’s cap, $6M is cheap for a guy like him. Contenders should be lining up
CheckingLineCenter
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- Aug 10, 2018
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Empoleon8771
Registered User
This is probably more of an off-season move after the Penguins pay Karlsson's $5 million signing bonus and the cap rise gets finalized.
I think they could likely get a 2026 1st for him, probably with taking another contract back. The 2025 draft kinda sucks so I'd be trying to get a 2026 1st personally.
I think they could likely get a 2026 1st for him, probably with taking another contract back. The 2025 draft kinda sucks so I'd be trying to get a 2026 1st personally.
If I am correct, the Penguins only have 1 retention spot left for now but after this season we get Petry and Smith off the books.
I think retaining on Rakell for now is the better option, and then dealing Karlsson in the offseason with retention.
Rakell @ 50% is very attractive. I would aim for Tampa and Isaac Howard. Maybe Howard, 25’ 2nd, and Sheary. Rumor has it Tampa is after a forward.
OtherThingsILike
Registered User
HFBoards is under the (bizzarely incorrect) impression that Karlsson has negative value right now. I wouldn't expect much actual discussion from this.
No reason to retain on Rakell in my opinion. His contract is already very attractive and only gets better over the next 3 seasons that he is signed for as the cap goes up.
But we can so why not maximize return? A team is probably more likely to part with a better prospect if there is retention in the deal
OtherThingsILike
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It depends on how much better the prospect is. The retention slot for the next three years has an opportunity cost that needs to be taken into account.
Fatass
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- Apr 17, 2017
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EK even at six mil x 2 will still be an older guy who can’t play defensively. IMO he could have some value at the 2026 TDL with double retention.
Please explain why EK would have positive trade value? Use draft pick value. With his contract what draft pick would EK return? No retention and no cap coming back. Just straight EK for picks.
OtherThingsILike
Registered User
No retention or cap coming back at all? Columbus gives a 2nd + 3rd, easily. I don't know if Karlsson would waive his NMC to go there, which would be the issue with a lot of potential suitors without retention. But that would be a starting point in a vacuum.
Fatass
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- Apr 17, 2017
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Imo there is no club that would pay to acquire EK, and take on his whole cap and not send back salary. Imo EK has negative value. He should have some value in a year, when he’s a coming ufa, providing Pittsburgh pays for double retention.
The title says the Penguins are retaining (double retention). Not sure what you are arguing.
As the title says, EK at $6M
OtherThingsILike
Registered User
A Karlsson trade in practice would likely have the Penguins both retaining salary and taking some salary back, simply because a team that Karlsson would waive for would be more cap-strapped than Columbus is. However, in that case, Karlsson would be returning a 1st+.
(Karlsson is already being retained on; the Penguins would be the 2nd and final retainer for Karlsson's salary.)
I'd take EK65 back on the Sharks at 6.5 mil (the lowest the Sharks can get his cap down to through Pittsburgh) but I have no idea what the asking price would be.
Barsky
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- Jun 22, 2010
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No way he waives to go back there and waste his last few years, it can't be forgotten that he has a full NMC
What would Dubas be looking for from Ottawa, excluding a 1st or Yak, which would both be part of the initial ask from Kyle no doubt
It's definitely going to start with a 1st, but I do not think it has to be a 2025 first.
Barsky
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- Jun 22, 2010
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Consensus seems to be Ottawa will be giving that one up for the whole Vegas debacle anyway, though I'm still hopeful Gary reduces the punishment for misleading Andlauer in the sale process. How's about a slightly used Norris? lol
Khelandros
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- Feb 12, 2019
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Why would the Penguins retain on a $5MM AAV? That is the definition of bad cap management.
Randy Butternubs
Registurd User
I didn't think a team could re-acquire a player that they already retained on?
It is horrible cap management.Why would the Penguins retain on a $5MM AAV? That is the definition of bad cap management.
That wouldn't surprise me but his family did enjoy their time in San Jose.
You can after a calendar year.
Barsky
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- Jun 22, 2010
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No doubt, who wouldn't, especially someone who's from Sweden and is used to living in Ottawa
frightenedinmatenum2
Registered User
I don't think he is easy to trade or get value for at 6.5M. The problem is that any team who can fit that in probably is not a team he would waive for. My assumption is that he would only waive for the typical meme low-tax contender teams like Florida, Tampa, Vegas, and Dallas - as well as possibly Ottawa or Montreal due to Ottawa still being the adopted hometown of his family.
He will be 35 years old next season and has an extensive injury history. I think that teams are going to be reticent about the remaining term.
Using Vegas, I could see something like Karlsson with steep retention for Whitecloud, a 2nd, and the 3rd or 4th best prospect in the system of Vegas. I don't think they are going to get the return people expect, and I think they will have to both retain and take back questionable contracts with term.
If a contract termination like Saad, with assets going to Pittsburgh baked in could be worked out and legal in the CBA - I think that's how all sides get what they want. Karlsson is still only 34 years old, so that would allow him to sign a lower AAV but longer term contract with the idea that he will inevitable LTIRetire because it's fairly unrealistic to expect Karlsson to still be playing at 38 or 39 years old. Call it a terminate-and-trade.
Because he isn't 35, if his contract was terminated now, they would have more creativity with the kind of cap (won't use the C word here) gymnastics they could do.
He will be 35 years old next season and has an extensive injury history. I think that teams are going to be reticent about the remaining term.
Using Vegas, I could see something like Karlsson with steep retention for Whitecloud, a 2nd, and the 3rd or 4th best prospect in the system of Vegas. I don't think they are going to get the return people expect, and I think they will have to both retain and take back questionable contracts with term.
If a contract termination like Saad, with assets going to Pittsburgh baked in could be worked out and legal in the CBA - I think that's how all sides get what they want. Karlsson is still only 34 years old, so that would allow him to sign a lower AAV but longer term contract with the idea that he will inevitable LTIRetire because it's fairly unrealistic to expect Karlsson to still be playing at 38 or 39 years old. Call it a terminate-and-trade.
Because he isn't 35, if his contract was terminated now, they would have more creativity with the kind of cap (won't use the C word here) gymnastics they could do.
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