Proposal: Mutual termination of Carey Price's contract

[TheScandal89]

I can't even imagine Price on another team, only maybe Colorado ala Patrick Roy.

Unless he's guaranteed a similar pay day somewhere else with the same dollar amount or length, which is iffy, since one hand he just helped/carried a team thats now 3rd last to the cup finals last year, but on the other hand, he's getting up there in age and at times has looked like he's declining. Its really a unique situation. I still think when he's on his game he's one of if not the best goalies around.

Perhaps if he's able to make the Olympic roster and kills it, then something could happen. Until then I'd say you either have to buy him out or trade him.

 

[WingsMJN2965]

Yeah... Carey is gonna agree to walk away from $31M.

 

[Bourne Endeavor]

Why would Price give up 7.8M of guaranteed money to play for another team and likely make half that? Getting another chance at a cup run is nice and all but not when it costs that much. Price will either retire with the Habs or be traded at some point with 50% retention.

 

[Suzuki2017]

Yeah... Carey is gonna agree to walk away from $31M.

Did you read anything op wrote lol

Price would be missing out in 8 to 10 million, depending on his new contract.

He does this for two reasons; he's already made close to 100M and also because he's going to get a legit chance to sign with à team with Colorado or Edmonton which would be close to impossible with his current cap hit.

 

[Filthy Dangles]

lol.

Player would never consider it and even in the fantasy world where he did, league probably deems it as cap circumvention.

 

[Riggins]

Why would Carey price give up the guaranteed money owed to him?

To escape Montreal.

I don't see how he doesn't get 6M on the open market from a much better team with a chance at a Cup. He would likely be walking away from 5-10M over the 4 year span, but he might think that's worthwhile given his career earnings to date and the state of the Habs roster. It's a long shot, but not I don't think it's asinine.

 

[Qwijibo]

We’ve resorted to flights of pure fantasy now have we?

 

[habsfan44]

This idea was stolen from one of the members on the Habs board.

After this season, Price will have collected 52.75M in the first 4 years of his 8 year, 84m deal. His real salary over the next 4 years is 31.25m. (7.8 per year)

Carey Price

Looking at the direction of the Montreal Canadiens, the chance for another cup before his career is done, is basically nil.

I do believe there would be interest around the league in Price as a UFA in the range of 5-6m/4 years. Of course there would be risk involved, but Price has shown as recently as last spring he's not only capable of backing a Stanley Cup team, but he can still be one of the best players in the league, albeit for short periods of time.

So this is the proposal:

Price and the Montreal Canadiens mutually part ways. The contract is ripped up. Habs are relieved of his atrocious cap hit during a rebuild and Price is given the choice to go to whatever team he wants for his final 4 seasons. Price loses some real salary in a sacrifice to go to a winning team and out of Montreal.

A suitor in need of a goalie, signs Price to a 4 year contract for say 5.5m per year.

The suitor team gets an elite playoff goalie at a fair cap hit.
Price gets out of Montreal, a chance to win, at the cost of 9m in career earnings. (~125m career earnings vs 135m)
Montreal kickstarts their rebuild.

Could you see such a thing happening? Am I offbase in thinking there would be interest in Carey Price if the only asset given up was 5.5m or 6.0m in cap hit?

Is such a thing allowed under the current CBA?

So Price goes from being owed a guaranteed $31.25 million over the next four years to a 34 year old injury prone UFA goalie in search of a contract while having little to no negotiating power . Why don't you tell us what you think his decision will be ?

 

[General Fanager]

Why would Carey price give up the guaranteed money owed to him?

What reason do you have for believing Price would have any interest in this?

None other than he might not want to play through a rebuild. Maybe he knows it wont happen in Mtl.

 

[Mrfenn92]

To escape Montreal.

I don't see how he doesn't get 6M on the open market from a much better team with a chance at a Cup. He would likely be walking away from 5-10M over the 4 year span, but he might think that's worthwhile given his career earnings to date and the state of the Habs roster. It's a long shot, but not I don't think it's asinine.

Why does he want to escape?

 

[Mrfenn92]

None other than he might not want to play through a rebuild. Maybe he knows it wont happen in Mtl.

Who has said they are rebuilding besides fans on here?

 

[crazyforhockey]

Only way to terminate a contract is a moral breach of the contract

Happened only 4 times
Voynov(sp?) Because of domestic battery-- needs up out of the league

Mike Richard's due to his painkiller addiction out of the league with LA footing salary( maybe cap recapture penalty)

So unless Price is never playing again( he's not going to risk his money)

Would be cap recapture to Montreal of 7mil first 2 years, 6 mil next two, 500.00 for another 4yrs

This is u realistic thinking in all regards

 

[General Fanager]

Who has said they are rebuilding besides fans on here?

no one, I just said that might be the only way he would give up the money owed to him.

 

[WingsMJN2965]

Did you read anything op wrote lol

Price would be missing out in 8 to 10 million, depending on his new contract.

He does this for two reasons; he's already made close to 100M and also because he's going to get a legit chance to sign with à team with Colorado or Edmonton which would be close to impossible with his current cap hit.

*Anxiously waits to see how many teams line up to pay a 35 year old goalie who just had a major surgery and went to drug rehab $8M - $10M*

You and OP both are out to lunch.

 

[Qwijibo]

Only way to terminate a contract is a moral breach of the contract

Happened only 4 times
Voynov(sp?) Because of domestic battery-- needs up out of the league

Mike Richard's due to his painkiller addiction out of the league with LA footing salary( maybe cap recapture penalty)

So unless Price is never playing again( he's not going to risk his money)

Would be cap recapture to Montreal of 7mil first 2 years, 6 mil next two, 500.00 for another 4yrs

This is u realistic thinking in all regards

A team and player can agree to mutually terminate a contract. It’s happened several times The examples you cited were examples when the team alone terminated the contract

That said there’s no way in hell Price agreed to this

 

[PAZ]

Price is dealing with a lot more important things in his life than trying to win a cup. There is maybe a 0.1% chance he'd be willing to terminate his contract if he and his family want a completely clean slate in another city sooner than later, but outside of that he's riding out his contract in Montreal.

 

[Dr Quincy]

multi-million$ of ca$h money>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Being on a winning team.

I mean, Patrik Berglund gave up 3 years at 3.875m rather than play for the Sabres, so it does happen.

 

[belair]

This thread is a reminder that you never ever, ever, ever, ever, ever, ever give a goaltender 'elite' player money.

It cripples the franchise.

 

[Drake1588]

This is completely insane. Carey Price is due to earn a healthy chunk of change and he will not be ripping up that contract. He may well end up LTIRetired, but the Habs and/or their insurance will be picking up the tab. What's gone on with him this season makes it inconceivable both that he would rip up his contract or that anyone would trade for it. Admittedly, the notion that anyone would ever acquire him was never very high.

That contract was poison for the Habs the moment he signed it, even though he has had the occasional incandescent peak along the way. He's just been too average for too much of the time under that deal. Juggling mental health challenges into the bargain, no one's going near him for the kind of money that it would take to justify ripping up the deal he already has in his pocket.

 

[Bourne Endeavor]

Did you read anything op wrote lol

Price would be missing out in 8 to 10 million, depending on his new contract.

He does this for two reasons; he's already made close to 100M and also because he's going to get a legit chance to sign with à team with Colorado or Edmonton which would be close to impossible with his current cap hit.

This is assuming either sign him for 5-6M, which he has no guarantee of. Not to mention, it's easy for a fan who isn't actually earning that much money to make a claim like, "Carey's already made a 100M. He'll be totally cool with throwing away 10m".

Contrary to what some fans may think, money is a big motivator for players.

 

[Empoleon8771]

This is a stupid suggestions, it's an all risk move by Price and there are literally no downsides for the Habs. It's pure homer thought to think this would ever fly.

Price isn't going to give up over $30 million because the Habs suck. If the Habs want out of his deal, buy him out.

 

[jfhabs]

Patrick Berglund walked away from with 3.75 years at 3.85M left on his contract.
It's very doubtful Price does the same, however not totally impossible.
If he doesn't feel mentally healthy/motivated staying in Montreal, but still wants to play in the NHL.
Money will never be an issue for him and his family at this point. He has 96M career earnings at this point...

 

[WingsMJN2965]

This is a stupid suggestions, it's an all risk move by Price and there are literally no downsides for the Habs. It's pure homer thought to think this would ever fly.

Price isn't going to give up over $30 million because the Habs suck. If the Habs want out of his deal, buy him out.

Trade him to Minnesota. They'll buy him out.

 

[jfhabs]

This is a stupid suggestions, it's an all risk move by Price and there are literally no downsides for the Habs. It's pure homer thought to think this would ever fly.

Price isn't going to give up over $30 million because the Habs suck. If the Habs want out of his deal, buy him out.

They wouldn't buy him out. LTIR or he plays.
30 M when you are worth 1M isn't the same as when you've already earned 96 M (not even counting sponsorship and what not)
Also, it isn't exactly 30 M since he would probably get at the very least 15M from another team.
It's wishful thinking if you don't like Price like the OP. I'd prefer him playing for us to the best of his ability.
His contract isn't a big issue for us to keep him right now. It's more of an issue trying to get a decent return for him in a trade which requires Price to waive his NMC anyway.

 

[jfhabs]

This is assuming either sign him for 5-6M, which he has no guarantee of. Not to mention, it's easy for a fan who isn't actually earning that much money to make a claim like, "Carey's already made a 100M. He'll be totally cool with throwing away 10m".

Contrary to what some fans may think, money is a big motivator for players.

It is, but at this point in his career, 10M more or 10M less won't change the quality of his life in any way.
Moving away from the media circus might tho. For example.
I don't feel like it's a topic worth discussing here anyway since it would be a very rare event and it's only based on one individual feeling (Price) which is extremely speculative with no facts to support.