Value of: Michalek at 50%

Qward

Because! That's why!
Jul 23, 2010
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What would Toronto want from Ottawa to bring back Milan Michalek at 50%.

The cap is not the problem for us, the salary is. He is making $6M right now at the tail of his contract despite having a $4.33 cap hit.
 

The Podium

Registered User
Feb 19, 2010
22,989
10,320
Toronto
What would Toronto want from Ottawa to bring back Milan Michalek at 50%.

The cap is not the problem for us, the salary is. He is making $6M right now at the tail of his contract despite having a $4.33 cap hit.

A 4th?
 

4thline

Registered User
Jul 18, 2014
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Waterloo
Can't be done, iirc players cannot be traded back to their original team with retention within a year of the original trade. Keeps teams from laundering players cap space to gain assets.
 

Qward

Because! That's why!
Jul 23, 2010
19,045
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Can't be done, iirc players cannot be traded back to their original team with retention within a year of the original trade. Keeps teams from laundering players cap space to gain assets.

"Teams may retain part of a traded player's salary to ease the cap burden on the acquiring team. Provisions on such retention are as follows:

The acquiring team must assume at least 50 percent of the remaining salary and cap charge of the SPC.
Such a contract can only be traded twice using provision 1 during the lifetime of the SPC.
Retained salary by the trading team cannot be more than 15 percent of the upper salary cap limit.
A maximum of 3 such contracts with salary retained in a trade can be on a team's books at any one time.
This provision is included in Article 11 of Summary of Terms the 2013 CBA MOU."
 

4thline

Registered User
Jul 18, 2014
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9,998
Waterloo
"Teams may retain part of a traded player's salary to ease the cap burden on the acquiring team. Provisions on such retention are as follows:

The acquiring team must assume at least 50 percent of the remaining salary and cap charge of the SPC.
Such a contract can only be traded twice using provision 1 during the lifetime of the SPC.
Retained salary by the trading team cannot be more than 15 percent of the upper salary cap limit.
A maximum of 3 such contracts with salary retained in a trade can be on a team's books at any one time.
This provision is included in Article 11 of Summary of Terms the 2013 CBA MOU."

Under no circumstances may a club:

(4) Reacquire as part of a Retained Salary Transaction the SPC
of a Player who was on that Club's Reserve List within the
past calendar year;
Illustration: If Club A Trades the SPC of a Player to Club
B (the "Initial Trade"), Club B cannot subsequently Trade
an SPC of such Player back to Club A within one (1)
calendar year from the date of the Initial Trade and retain a
portion of the Averaged Amount of that SPC pursuant to a
Retained Salary Transaction. However, Club B may Trade
an SPC of the Player back to Club A within one (1)
calendar year from the date of the Initial Trade if Club B
does not retain any portion of such Player's SPC.

Page 273, article 50 50.5
 

Xspyrit

DJ Dorion
Jun 29, 2008
31,779
10,665
Montreal, Canada
What would Toronto want from Ottawa to bring back Milan Michalek at 50%.

The cap is not the problem for us, the salary is. He is making $6M right now at the tail of his contract despite having a $4.33 cap hit.

Where did you take your numbers?

https://www.capfriendly.com/players/milan-michalek

Milan makes 4.0 this year, and his cap hit is 4.0

I think you're mixed up with 2013-14, where he had a 6.0 salary and a 4.33 cap hit :laugh:
 

SeaOfBlue

The Passion That Unites Us All
Aug 1, 2013
35,591
16,776
With that much retention, I would probably say we'd WANT a 2nd, but we'd probably settle on a 3rd and maybe a late round pick too.

Nice tidy return for a guy we don't want anymore.
 

lifelonghockeyfan

Registered User
Dec 18, 2015
6,283
1,357
Lake Huron
Some of you guys just don't get it. Quit being so "hard bums" on trades.

Michalek was placed on waivers due the emergence of young guys on the Leafs

This year is likely his last year in North America. Here's the trade, Lou and the Leafs will trade Michalek for the maximum retention allowed at 50%. Return to the Leafs, 7th rounder at most.

Lou will allow Michalek the dignity of playing in the NHL and preferably with a contender.

Leafs don't want anything to hinder the return of Michalek to the NHL, after all, Michalek did the Leafs a big favour by waiving his NTC and coming to the Leafs which made the Phanuef trade possible.
 

Kamiccolo

Truly wonderful, the mind of a child is.
Aug 30, 2011
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Some of you guys just don't get it. Quit being so "hard bums" on trades.

Michalek was placed on waivers due the emergence of young guys on the Leafs

This year is likely his last year in North America. Here's the trade, Lou and the Leafs will trade Michalek for the maximum retention allowed at 50%. Return to the Leafs, 7th rounder at most.

Lou will allow Michalek the dignity of playing in the NHL and preferably with a contender.

Leafs don't want anything to hinder the return of Michalek to the NHL, after all, Michalek did the Leafs a big favour by waiving his NTC and coming to the Leafs which made the Phanuef trade possible.

We'd do him for futures, but with 50% retention it would need to be a 5th or 6th tbh
 

lifelonghockeyfan

Registered User
Dec 18, 2015
6,283
1,357
Lake Huron
We'd do him for futures, but with 50% retention it would need to be a 5th or 6th tbh

Another guy that "just doesn't get it." Part of being a good management team, is getting along with players and their agents, and to have good relationships in the hockey community.

For the Leafs to argue over a 5th pick or a 7th is silly. Showing respect to veteran players might go a long way in some future than haggling over an inconsequential draft pick.

Take Panik last year. Waived, the Leafs could have kept him in the Marlies. But an NHL team came calling, and the Leafs gave Panik (who had been a good guy with the Marlies) a chance to restart his NHL career with the Hawks.

This is how men treat men.
 
Last edited:

TT1

Registered User
May 31, 2013
23,877
6,437
Montreal
With that much retention, I would probably say we'd WANT a 2nd, but we'd probably settle on a 3rd and maybe a late round pick too.

Nice tidy return for a guy we don't want anymore.

Buhahaha this is PAP all over again, Michalek is worthless. 0 value.
 

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