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Mike Richards VIII Kings vs NHLPA

Boba Fettuccine said:
Playing a lot of Ouiji board
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I see him more of a Jumanji guy. He should hang with Jason Allison, they can talk about how they screwed the Kings and their fans cause they lacked the desire and passion to play hockey but still collected a check. Roenick and Frolov can visit during the summer.
 
I guess even the fact a hearing will take place will also be a big secret!!! We will find out about a week afterwards that it happened.
 
The Tikkanen said:
I see him more of a Jumanji guy. He should hang with Jason Allison, they can talk about how they screwed the Kings and their fans cause they lacked the desire and passion to play hockey but still collected a check. Roenick and Frolov can visit during the summer.
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The difference being Jason Allison, Jeremy Roenick and Frolov never contributed to winning 2 Stanley Cups.
 
The fact that nothing has come out makes me think the expedited hearing has been denied. And it is going to go through the standard process.
 
tsanuri said:
The fact that nothing has come out makes me think the expedited hearing has been denied. And it is going to go through the standard process.
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Let's assume the bolded is accurate (personally, I'm inclined to feel this way, as well; but then, usually when I "guess" in my professional duties, I'm wrong, so there's that).


Does this mean that it is possible that Richards' cap-hit (again, an assumption here: the ruling goes against the Kings and Richards' contract is re-instated, with no chance for an ad-hoc buyout) could be pro-rated so that Richards doesn't count at all until the effect of the decision...?
 
Rumpelstiltskin said:
Let's assume the bolded is accurate (personally, I'm inclined to feel this way, as well; but then, usually when I "guess" in my professional duties, I'm wrong, so there's that).


Does this mean that it is possible that Richards' cap-hit (again, an assumption here: the ruling goes against the Kings and Richards' contract is re-instated, with no chance for an ad-hoc buyout) could be pro-rated so that Richards doesn't count at all until the effect of the decision...?
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There are rumors out there that at most the NHL would hit the kings with the buyout cap hit since it wasn't a secret that he was going to be bought out before they learned out Oxy-Gate
 
Boba Fettuccine said:
There are rumors out there that at most the NHL would hit the kings with the buyout cap hit since it wasn't a secret that he was going to be bought out before they learned out Oxy-Gate
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I don't think that this is what will happen. The ruling will go one way or the other, and only interpret the current CBA.
 
efhank said:
I don't think that this is what will happen. The ruling will go one way or the other, and only interpret the current CBA.
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There are multiple media reports that the Kings had the NHL's blessing with terminating Richards' contract.
Remember that Bettman had the power to make Voynov's cap hit go away after it counted for the first few weeks of his suspension.
 
efhank said:
I don't think that this is what will happen. The ruling will go one way or the other, and only interpret the current CBA.
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I don't think there will be a ruling. They will agree to a deal. NHLPA can't have a ruling go against them. It would be devastating to their members. They could win, but they don't want to run the chance.
 
onlyalad said:
I don't think there will be a ruling. They will agree to a deal. NHLPA can't have a ruling go against them. It would be devastating to their members. They could win, but they don't want to run the chance.
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Concur with this post. I think about 22 million was left. They'll probably settle for an undisclosed amount between $5-10 mil and the Kings will have that lower recapture penalty. Win-win-win
 
Boba Fettuccine said:
Concur with this post. I think about 22 million was left. They'll probably settle for an undisclosed amount between $5-10 mil and the Kings will have that lower recapture penalty. Win-win-win
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I came to the same conclusion. I don't think anybody wants to die on this hill.
 
Boba Fettuccine said:
Concur with this post. I think about 22 million was left. They'll probably settle for an undisclosed amount between $5-10 mil and the Kings will have that lower recapture penalty. Win-win-win
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There's only one of two ways this could go IMO. The Kings win the grievance, the contract's terminated and there's no cap hit, except for the recapture penalty, or paid buy-out salary. MR remains an UFA and can sign and play where-ever he wants (or retire, I guess). Or Richards and the union win the grievance, Richards will be paid his buy-out salary of about $14.7 million dollars over the next 10 years, the Kings are saddled with the buy-out cap hit ($1.22, 1.72, 2.72, 4.22, 4.22, and 1.47 million respectively over the next 6 years) instead of the recapture hit of $1.32 over the next 5 years and MR remains an UFA.

I'm pretty sure the Kings won't be given any leeway in this, if they lose, since it would set a precedent for future terminations by other teams, of course all being dependent on exactly why the team terminated the contract in the first place.
 
moosehead81 said:
There's only one of two ways this could go IMO. The Kings win the grievance, the contract's terminated and there's no cap hit, except for the recapture penalty, or paid buy-out salary. MR remains an UFA and can sign and play where-ever he wants (or retire, I guess). Or Richards and the union win the grievance, Richards will be paid his buy-out salary of about $14.7 million dollars over the next 10 years, the Kings are saddled with the buy-out cap hit ($1.22, 1.72, 2.72, 4.22, 4.22, and 1.47 million respectively over the next 6 years) instead of the recapture hit of $1.32 over the next 5 years and MR remains an UFA.

I'm pretty sure the Kings won't be given any leeway in this, if they lose, since it would set a precedent for future terminations by other teams, of course all being dependent on exactly why the team terminated the contract in the first place.
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Or Kings get hit with full cap and have to buy him out next off season
Or they don't go to arbitration and work out a deal that limits the risk of losing for both sides.
Why has the hearing not happened? Maybe they are working on a deal.
 
Ollie Weeks said:
I came to the same conclusion. I don't think anybody wants to die on this hill.
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onlyalad said:
Or Kings get hit with full cap and have to buy him out next off season
Or they don't go to arbitration and work out a deal that limits the risk of losing for both sides.
Why has the hearing not happened? Maybe they are working on a deal.
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You may be right on your first point but I think the Kings would resist that scenario pretty strongly. On the face of it, I think any kind of side deal would probably also be contrary to the CBA unless both the PA and the league agreed to it. The PA would likely not agree to any kind of side deal unless it was to Richards' benefit and then it probably would not be acceptable to the league which would be representing the other 29 clubs, particularly if it resulted in a lowering of the Kings' buy-out cap hit penalties. Tough one to call with any kind of certainty.

Looks like there's little chance that Richards will play in the NHL this year given the quality of UFAs' still out there. Players that can go in any team's number 9-12 forward slots appear to be a dime a dozen in the 1-3 million dollar range and I think there's lots of them.
 
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