It's a really prohibitive buyout though.
Season | Initial | Savings | Cap Hit |
---|
2025-26 | $7,950,000 | $6,660,000 | $1,290,000 |
2026-27 | $7,950,000 | $6,660,000 | $1,290,000 |
2027-28 | $7,950,000 | $5,910,000 | $2,040,000 |
2028-29 | $7,950,000 | $5,010,000 | $2,940,000 |
2029-30 | $7,950,000 | $4,160,000 | $3,790,000 |
2030-31 | | -$2,840,000 | $2,840,000 |
2031-32 | | -$2,840,000 | $2,840,000 |
2032-33 | | -$2,840,000 | $2,840,000 |
2033-34 | | -$2,840,000 | $2,840,000 |
2034-35 | | -$2,840,000 | $2,840,000 |
If he was destined to get hurt again, the timing of his injury might have been the best thing to ever happen to him. It meant that the Senators didn't have the option to buy him out this offseason. This offseason was the last one that he qualified for the U26 buyout rate.
Because his contract was backloaded, the buyout would have entitled the Senators to additional cap credits beyond the already generous 1/3 formula. The result would have been almost nothing on the books for the first four seasons of the buyout, then about 1M on the books for 8 years. With the cap shooting up, that would be negligible.
We're all getting ahead of ourselves, but if it is his shoulder again, you have to wonder if he will end up on LTIR permanently. Maybe coming back down the stretch like MacArthur did if we're fighting for a playoff spot.
Granted, we're all in the HFBoards/online Sens bubble. 9/10 Sens fans aren't browsing Wayne Scanlan's Twitter on a weekday afternoon. So this isn't a huge story right now. With that said, if it was nothing you think they would at least put out that he just the shits, forgot to turn the stove off, whatever the reason was that he did not play. So until we hear something, I am going to assume that the sky is falling. It's my right as a poster here.