Mike Richards VIII Kings vs NHLPA

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Giving it a shot...

2016: SC win
2017: SC win
2018: WCF exit
2019: Miss playoffs
2020: SC win
2021: WCQF exit
2022: Miss playoffs
2023: WCF exit
2024: SC win
2025: Miss playoffs
2026: SC win
2027: WCF exit
2028: SCF exit
2029: Miss playoffs
2030: WCQF exit
2031: SCF exit

In all, that translates to 5 more Cups. Go ahead and make your own predictions.

And the Ducks fans still will be screaming "we did it first" after failing to win a second cup year after year.
 
Rich Hammond ‏@Rich_Hammond 1h1 hour ago
Some math, on Richards. He had $22M left on contract. He won't get all of it. Kings will pay him for 16 years. Cap hit shouldn't be huge.

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Saw this wasn't posted, lets say he got all $22M, the total cap hit from Richards recapture and this settlement would be $2.695M for the first 5 years (including this one) and $1.375M for the last 11. Obviously, both numbers are likely to be less, just giving a look at the worst-case scenario.

EDIT: 22/16= 1.375
 
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Rich Hammond ‏@Rich_Hammond 1h1 hour ago
Some math, on Richards. He had $22M left on contract. He won't get all of it. Kings will pay him for 16 years. Cap hit shouldn't be huge.

----------------------------------

Saw this wasn't posted, lets say he got all $22M, the total cap hit from Richards recapture and this settlement would be $2.695M for the first 5 years (including this one) and $1.375M for the last 11. Obviously, both numbers are likely to be less, just giving a look at the worst-case scenario.

EDIT: 22/16= 1.375

In other words, even at a worst case scenario, it's more palletable than a regular buyout.
 
In 2031, Reclamation Project, now a moderator, will start a thread declaring that it's officially over then promptly close it. His avatar status will still be in limbo...:nod:

Just got my privileges back!

a2417451-234-computerSkeleton.jpg
 
In other words, even at a worst case scenario, it's more palletable than a regular buyout.

Yep. The first 2 years of a buyout would have had lower hits, but 3-10 will be better in this case. Obviously, this lasts 6 years longer than a buyout, but at around $1M a year, it's probably worth it.
 
I guess that the buyout in under a million a year. About 750k. That's 12 million.

Ftr-
625k is 10 million
500k is 8 million.

This should work out well.

My guess is 10 million/625k
 
It seems that in the end Mike and Dean decided to do right by everyone involved.
Everyone could burn out. For me it took 30 years. You might do better. Depends.
The NHL is a war. At some point, for even the Greatest, we all give up the ghost. Burn brightly or suffer mediocrity. No one can accuse Mike Richards of that.
Similar athletes, Raymond Berry, Fred Bilitnikov, any of those guys who are pasted together week after week and just get the job done. I think both sides won.
I have no doubt this was a very, very major negotiation and seminal.
 
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Yep. The first 2 years of a buyout would have had lower hits, but 3-10 will be better in this case. Obviously, this lasts 6 years longer than a buyout, but at around $1M a year, it's probably worth it.

What would be hilarious is if DL got it back-loaded a bit to minimize the early cap hits.
 
Damn son,

"Without a doubt, the realization of what happened to Mike Richards is the most traumatic episode of my career," Lombardi said in a written summation he provided to The Times on Friday. "At times, I think that I will never recover from it. It is difficult to trust anyone right now-and you begin to question whether you can trust your own judgment. The only thing I can think of that would be worse would be suspecting your wife of cheating on you for five years and then finding out in fact it was true.

"Anyone close enough to me knows how much I loved Mike Richards. I believed that when I had acquired him, I had found my own Derek Jeter. But the fact is that he was never close to the player that he was after his best seasons in 2008-09 and 2009-10 in Philadelphia. His production dropped 50% and the certain 'it' factor he had was vaporizing in front of me daily. This is a player that in 2010 was instrumental in Canada's gold medal run and by 2014, while still in his prime, was not even in the conversation for making the team."

http://www.latimes.com/la-sp-sn-kings-settlement-mike-richards-termination-20151009-story.html
 

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