This is key. Bobby Ryan is VERY LARGE negative trade value. Attaching him to Karlsson allows them to move that negative value along with an asset that has positive value, which gets them out from the financial commitment (which is the primary issue right now).
Karlsson is not staying with Ottawa, value down
Teams were never trading a boatload of assets for a rental Karlsson to begin with, value down
Only a handful of teams can even consider taking Karlsson with an extension, let alone adding Bobby Ryan to the deal, value down
Karlsson being extended doesn't necessarily up the trade value, because the entire Karlsson deal is contingent on Ryan being taken as well, value down
Melnyk just refinanced debt and needs to get out from this contract--ala he's trying to get the valuation of the team up, and needs to move on the $30M commitment to a player that will most likely never produce what he's worth, value down since Melnyk is bent over a barrel right now
Ryan + Karlsson is $13.75M in cap space, OTT is at $60.89M against the salary cap, but they'll be down to $47.14M after trading Karlsson and Ryan. The cap floor is $58.8M, Ottawa needs to add $11.66M in salary at minimum to reach the cap floor.
The trade that somebody noted where the rangers a) sign Spooner, b) pay the signing bonus, and then c) trade the player is perfect for this. Rangers have a glut of picks they can trade. You can also move Zuccarello for another package and then take some of those picks and move them.
For reference, the Bobby Ryan buyout isn't bad if we wait one more year. I don't know if it's possible, but I'd love for the Rangers to not honor the NTC/NMC attaching to the contract
Bobby Ryan Buyout Details
Cost Calculations
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun 15, 2019 | $16,500,000 | $6,000,000 | 3 | 6 | 32 | 2/3 | $11,000,000 | $5,500,000 | $1,833,333 |
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Cap Hit Calculations
SEASON | BASE SALARY | INITIAL CAP HIT | ACTUAL COST | SAVINGS | FINAL CAP HIT |
2019-20 | $5,500,000 | $7,250,000 | $1,833,333 | $3,666,667 | $3,583,333 |
2020-21 | $5,500,000 | $7,250,000 | $1,833,333 | $3,666,667 | $3,583,333 |
2021-22 | $5,500,000 | $7,250,000 | $1,833,333 | $3,666,667 | $3,583,333 |
2022-23 | $0 | $0 | $1,833,333 | -$1,833,333 | $1,833,333 |
2023-24 | $0 | $0 | $1,833,333 | -$1,833,333 | $1,833,333 |
2024-25 | $0 | $0 | $1,833,333 | -$1,833,333 | $1,833,333 |
TOTAL | $16,500,000 | $21,750,000 | $11,000,000 | $5,500,000 | $16,250,000 |
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