If Horcoff (5.5) was movable, and Striet could get 5.25 per on a 4 year 35+ contract, I think Liles is movable at under 4M.
Agreed. Worst case scenario we retain salary. I think trading Liles is inevitable now.
Here's what it would look like if we retain 25% of Liles' salary and give Gunnar 3M and Franson 4M:
FORWARDS
Joffrey Lupul ($5.250m) / Tyler Bozak ($4.200m) / Phil Kessel ($5.400m)
James Van Riemsdyk ($4.250m) / Nazem Kadri ($2.750m) / David Clarkson ($5.250m)
Jay McClement ($1.500m) / Dave Bolland ($3.375m) / Nikolai Kulemin ($2.800m)
Frazer McLaren ($0.700m) / Joe Colborne ($0.850m) / Colton Orr ($0.925m)
Jerry D'Amigo ($1.083m) /
DEFENSEMEN
Carl Gunnarsson ($3.000m) / Dion Phaneuf ($6.500m)
Jake Gardiner ($1.117m) / Cody Franson ($4.000m)
Korbinian Holzer ($0.788m) / Mark Fraser ($0.850m)
Morgan Rielly ($1.744m) /
GOALTENDERS
Jonathan Bernier ($2.900m)
James Reimer ($1.800m)
OTHER
Buyout: Darcy Tucker ($1.000m)
Buyout: Colby Armstrong ($1.000m)
RETAINED SALARY TRANSACTIONS (2.284% of upper limit)
Matt Frattin ($0.437m—0.5%) Ben Scrivens ($0.062m—0.1%) John-Michael Liles ($0.969m—25.0%)
------
CAPGEEK.COM TOTALS (follow @capgeek on Twitter)
(these totals are compiled with the bonus cushion)
SALARY CAP: $64,300,000; CAP PAYROLL: $64,499,583; BONUSES: $1,362,500
CAP SPACE (19-man roster): $1,162,917
All in all it's doable. I think Liles is an easy trade if we retain salary.