Confirmed Buy-Out [MIN] Zach Parise and Ryan Suter

[gstommylee]

So now does Minn have to forefit a 1st round pick for nit following the “ spirit “ of the CBA? No intent to finish out their contracts . And yes I’m still bitter as a Deviks fan

you are allowed to buy out contracts, it'll just cost ya in cap hit dead weight down the road.

 

[P10p]

22 minutes of carrying Dumba and Spurgeon

You can just admit you don't follow the team that much ya know...

 

[Flair Hay]

This makes way more sense than paying the price of a top pairing defenseman to expansion. These will sting for a long time, but it will be a good reminder for the future. Juat means having to rely on one more ELC player than most teams. Not insurmountable disadvantage.

 

[MuckOG]

The team could have asked them to waive the NMC and see if they can find a willing trade partner. But straight buy outs is just stupid.

Even with a trade, the risk of cap recapture is too great with these two.

 

[TheFinalWord]

Would it not have been better to offer Suter to someone, even at 50% retention?

 

[gstommylee]

Kinda surprised they didn't just tell Parise to LTIRetire.

can't really do that. And the league can take away a draft pick if they misuse the LTIR on what is mostly a healthy player.

 

[Agalloch]

I thought Parise waived for ED ?

I understand for Suter because it means they can protect Dumba.

They free up some cap space to re-sign Fiala and Kaprizov..

 

[gstommylee]

Even with a trade, the risk of cap recapture is too great with these two.

it would be far better than 12m then 14 and 14 for dead weight cap hits.

 

[Flair Hay]

Absolutely terrible decision by the Wild. Very little relief for extended pain. Insane.

They are getting plenty of relief. Four years of $10M in bad money plus losing Dumba? This was the best option imo

 

[TheDoldrums]

They have played this worse than even Florida and Anaheim did in the Vegas expansion.

This is all to protect Matt dumba lol

 

[Lapa]

I mean Parise, sure, but I don't know how I feel about Suter being bought out

 

[Prior]

it would be far better than 12m then 14 and 14 for dead weight cap hits.

No it’s not.

 

[QJL]

If I was Kaprizov, I'd bolt for the KHL right now because there's no chance the Wild are going to be able to ice a competitive roster in years 2/3/4 of this buyout. If this isn't an admitted rebuild, it's an absolute disaster.

 

[Jerzey Devil]

Zack Parise is already unofficially an Islander

Maybe, but he was pretty salty that Lou gave Kovy that contract. Even if it came from ownership.

But I can see Lou reaching out.

 

[57special]

Wait. Why didn’t they just call the oilers and ask Holland to trade a first and Broberg for Suter straight up?

Because Suter wouldn't waive his NMC.

 

[Number1RedWingsFan52]

Anyone have the dead cap projections on this?

Go to Capfriendly it will give you the run down for both Parise and Suter.

 

[Fish on The Sand]

That's not quite true, actually. They have a couple brutal seasons coming up.



So...they save a lot this upcoming year with only 4.7 million in dead cap between the two. But then it's three seasons of between 12.7-14.7 million of dead cap. On top of that, they also need to pay replacements for these two roster spots.

It appears I misunderstood the buyout calculations.

I didn't realize that the buyout calculations accounted for cap advantage already.

No beef with this anymore, thanks for setting me straight.

 

[Uncle Scrooge]

Even with a trade, the risk of cap recapture is too great with these two.

Im sure both guys would've retired in a couple years when they're only making 1M. What would the penalty look like if they retired after 22-23?

 

[Random schmoe]

this is more like that scene in Rambo where he poured gunpowder in a wound and lit it on fire.

Really wish I had thought of this myself. Very, very well done.

Insert slowclap gif here.

 

[StreetHawk]

The team could have asked them to waive the NMC and see if they can find a willing trade partner. But straight buy outs is just stupid.

Full nmc protects the player. So if Parise still thinks he can contribute and the new team doesn’t want him anymore they can’t get rid of him.

9 years for $88 million plus buyout of the final $10 mill. Almost $95 mill for 9 years of service. $10.5 mill per season as it turns out.

eating $20 mill of front loaded contract. Can’t ice a contender when you have $12-14 mill in dead cap.

 

[StreetHawk]

Im sure both guys would've retired in a couple years when they're only making 1M. What would the penalty look like if they retired after 22-23?

Around $6.5 mill per season if they didn’t play their final 2 years at $1 mill salary.

 

[FMichael]

 

[BruinsBtn]

Two series wins total for those two. yuck.

 

[57special]

How is Suter these days? Still a top 4 on most teams?

Yup

 

[TheDoldrums]

The funniest part, there's actually a chance Seattle would've taken Rask over Dumba anyways