Player Discussion Josh Norris (C) 6’-1” - Part 3

Butchy Dakkar

Dark Butch Yak didn't seem right.
Oct 3, 2020
1,967
1,881
The one thing I worry about is that Jacques said they were getting MRIs for Chabot, Sanderson and Norris which suggests soft tissue concerns. Hopefully he just didn't want to list off the individual procedures for each, and just said MRI knowing that's what Chabot or Sanderson needed...
Yeah I agree
 

Golden_Jet

Registered User
Sep 21, 2005
25,513
13,076
LTIR doesn't make a cap hit not count against the cap. It is a formula that raises the cap ceiling of a team to account for the injured player. It doesn't always result in the team getting back the entire cap hit in function, and there are a lot of downsides like not being able to bank cap space to the trade deadline, or not being able to use LTIR space on performance bonuses, which results in them rolling over to the next year. Puckpedia and Capfriendly outline this in a much greater and clearer detail than I can.

Here is what the buyout of Norris would look like.

SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (
Logo of the Ottawa Senators
OTT)
2024-25$9,500,000$7,950,000$0$1,447,222$1,447,222$8,052,778-$102,778
2025-26$9,500,000$7,950,000$0$1,447,222$1,447,222$8,052,778-$102,778
2026-27$9,500,000$7,950,000$0$1,447,222$1,447,222$8,052,778-$102,778
2027-28$8,750,000$7,950,000$0$1,447,222$1,447,222$7,302,778$647,222
2028-29$7,850,000$7,950,000$0$1,447,222$1,447,222$6,402,778$1,547,222
2029-30$7,000,000$7,950,000$0$1,447,222$1,447,222$5,552,778$2,397,222
2030-31$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
2031-32$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
2032-33$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
2033-34$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
2034-35$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
2035-36$0$0$0$1,447,222$1,447,222-$1,447,222$1,447,222
TOTAL$52,100,000$47,700,000$0$17,366,667$17,366,667$34,733,333$12,966,664


He would only be owed roughly 340k in cap over the first four seasons, so a negligible amount. In effect, it's really an 8 year buyout starting in 2028 where 7 years will be at 1.45M. While all dead cap does add up, when you consider that the cap ceiling could be in or close to the 100M+ range, that is a very small amount to get out of an 8M cap hit. It's also easier to plan around 1.45M in dead cap from 2028-2036 than it would be to have to keep them team in LTI from 2024 to 2030.

It's why teams have paid to dump contracts that are on their LTIR, so that they can come off of LTI. Montreal took the Dadonov contract to get out of the Weber contract, even know Weber was LTIRetired and not owed any real money (1M per season, partially covered by insurance). Vegas took Weber because they were already in LTI. 1 LTIR contract VS multiple ones doesn't make a difference, but teams want to try and avoid going into LTI at all costs.

The thing about Norris getting hurt now is that his buyout next summer is nowhere near as advantageous because he will be 26. Players 26 and over cost twice as much to buyout. If there was no market for him in a trade, and if the Sens were even thinking about buying him out, the timing of the injury night have saved him from losing something like 34 million dollars. It is why Cowen contested his buyout from the Leafs.
If he’s LTiRetired, trade deadline doesn’t matter, as they get the 7.95 million for the season.
 

PlayOn

Registered User
Jun 22, 2010
1,834
2,339
Feels like if it wasn’t his shoulder they would’ve said so.

He just can’t catch a break. Guess we’ll see what happens but it doesn’t look good.
 

BonHoonLayneCornell

Registered User
Oct 16, 2006
16,485
11,600
Yukon


Feels like if it wasn’t his shoulder they would’ve said so.

He just can’t catch a break. Guess we’ll see what happens but it doesn’t look good.
Feels like they have to move on without including him in plans for the roster at this point. Even if he does come back, how long until it goes again.

Those buyout terms looked pretty enticing, but can't do that if he's hurt.
 

L'Aveuglette

つ ◕_◕ ༽つ
Jan 8, 2007
48,130
20,229
Montreal
No surprise there. Sounds like he'll be out for the remainder of the season.

Good news is Chabot is ok and we get Zub back so losing Norris won't be that bad.
 

frightenedinmatenum2

Registered User
Sep 30, 2023
2,585
2,779
Orange County Prison



Feels like they have to move on without including him in plans for the roster at this point. Even if he does come back, how long until it goes again.

Those buyout terms looked pretty enticing, but can't do that if he's hurt.


The ramifications of this might be that Parker Kelly has to get yelled at in an arbitration hearing. The 4D chess move is to go to arbitration with the most inconsequential player who has the lowest possible earning ceiling. That way, they get another buyout period late in the offseason that might be late enough for Norris to be cleared if this is not his shoulder.

If it is his shoulder again, zero chance he is cleared for a buyout. If it is something like a broken collar bone, and the Senators can qualify for the second buyout window near the end of July, he might be considered cleared by then. That would be about 20-21 weeks from now.
 
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armani

High Jacques
Apr 8, 2005
10,031
4,988
Uranus
On the bright side, Hammer is out week-to-week thank Alfie! Even if we tank, watching this veteran reduced to a rubble is unwatchable. Cringe every time he's on ice.
 

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