Salary Cap: Joey Veleno Elects Arbitration

[LongTimeDRWF]

https://x.com/i/web/status/1809335694185123869

Joey Veleno elects arbitration

Click to read more...

 

[DoMakc]

Good, now they can buyout Holl

 

[LongTimeDRWF]

Good, now they can buyout Holl

Only Husso I think would qualify of the main candidates often discussed on the board, I think it has to be a player over $4M and they actually make to arbitration, I think they have a 48 hour window after an award to buy out someone

 

[RRhoads]

They will probably come to an agreement

 

[Steve Yzerlland]

They will probably come to an agreement

I mean, he doesn't have a lot of leverage but we don't want to disrespect him in negotiations appears to be what's going on. I hope he gets two years, he would be easier to move later if it doesn't work out.

 

[LongTimeDRWF]

I mean, he doesn't have a lot of leverage but we don't want to disrespect him in negotiations appears to be what's going on. I hope he gets two years, he would be easier to move later if it doesn't work out.

Or SY simply moves him now, unless it was SY that encouraged him to go this route as backup buyout plan B

They will probably come to an agreement

They usually do, neither side wants to lose so they play for the tie!

 

[NickH8]

I don't think I've ever been so indifferent about a player. Veleno is the definition of mid.

 

[ZDH]

Whatever you do Stevie, don't disrespect him.

 

[lilidk]

Veleno is younger than Fischer , but is he better?. Should not get more than 1.4

 

[Lazlo Hollyfeld]

They will probably come to an agreement

That was my question. Is this saying that it's definitely going to arbitration?

Or is this the thing where the player files for the possibility of arbitration by a certain date so they have that option if negotiations go south?

In the past players had to file for arbitration by a certain date but they rarely ended up actually going to arbitration.

 

[RRhoads]

I think he is fine in the bottom 6. I think he made some progress last year. I really don't see the need to ship out a low cap hit player with his skill set.

 

[AlwaysSunnyInDetroit]

i forget. is he the skate assassin?

 

[ShakenNotStirred]

I wish he played a heavier game. This team is going to need it.

 

[Axel Sandy Pelikan]

Whatever you do Stevie, don't disrespect him.

Disrespect the f*** out of him.

Hand him your offer on a napkin with a crude stick drawing of him stomping on another stick figure.

 

[Axel Sandy Pelikan]

this is him filing.

Then they set the date.

They can negotiate until the date

 

[Lazlo Hollyfeld]

this is him filing.

Then they set the date.

They can negotiate until the date

ok cool. Thanks for clarifying !

The wording of the tweet made it sound like it was going to arbitration for sure.

 

[Pizza!Pizza!]

this headline surprised me because I thought he got traded a week ago.

 

[FissionFire]

Wouldn’t surprise me if this is by design to enable the Wings to open the second buyout window.

 

[stillwater]

They will probably come to an agreement

That's the whole idea of arbitration. One side gets picked, or the other.

 

[Retire91]

meh

 

[The Flying Octopus]

Let Stevie Cook

 

[Axel Sandy Pelikan]

The arbitration filing, live feed.

 

[Shaman464]

Good, now they can buyout Holl

They have to go to arbitration for the buyout. They could still sign a contract before it reaches arbitration.

 

[FissionFire]

The team does not have to go to arbitration to have the buyout window. You only need to have a player elect for arbitration and even if you settle you get the window.

Buyouts Outside of the Regular Period​

Clubs whom have 1 or more arbitration filings may be permitted to perform a buyout outside of the regular window. This gives teams another opportunity to become cap compliant following an arbitration case.

Clubs are permitted to perform a buyout outside the regular period during the 48 hour period beginning on the third day after the final of [CBA 13(c)ii]:

1. Settlement of the Club's final arbitration case, or
2. Receipt of the Club's last arbitration award

Requirements:

1. A buyout can only be performed on a player who was on the clubs reserve list at 3:00pm on the most recent trade deadline
2. The player must have a cap hit of at least $4,000,000 for the 2023 offseason

 

[Gniwder]

Whatever you do Stevie, don't disrespect him.

Joey declined his QO last year, and Stevie gave him LESS money. So that's already happened. It also explains why Joey filed for arbitration.