The only thing that I can make out of this is that David Clarkson is at least a veteran who can hopefully contribute (but that is questionable).
The Jackets can trade Wiz, Cam, JJ, Letestu, etc for prospects and picks, but having the youngest team in hockey for the next 5 seasons isn't going to cut it. They need some solid veterans and then insert in the rookies so they can learn and grow rather than throwing all the prospects to the wolves like Edmonton has done.
But Clarkson as part of the veteran core...?
If he doesn't pan out, can they buy him out and would that be a better option than what could happen with Horton's contract?
Leafs fan here in peace. The thing with Clarkson, is the whole buyout problem.
Most players earn most of their salary through regular season play. If you buy them out, then a portion of what they'd normally make during a season, counts against the cap for seasons to come. The exact number/percentage eludes me, but let's say theoretically some random guy was making $5.25mil for another 5 seasons. You'd end up with something like $2.2mil per season against the cap for 3-5 years (again, I'm not totally certain what the percentages and years are, it's just a salary and term I'm pulling out of nowhere).
The problem with Clarkson's contract, is that most of his money is made from the annual signing bonus that he gets July 1st every year. I believe it's $4mil. The signing bonus does not diminish as a cap hit if you choose to buy a player out.
If the Leafs elected to buy him out, they would still be on the hook for over $5mil per season for the rest of his contract's duration. Even if you put a rookie with the minimum ELC in the lineup, the team's cap would be even worse.
THAT was the issue with Clarkson's contract. The NMC and NTC was bad enough, but how the deal was structured in terms of signing bonus was the worst thing about his deal. It made buying him out virtually impossible.
I'm honestly amazed this trade happened. But after reading about Horton's health woes, and lack of insurance on his contract, I can understand why your team agreed to the trade.
Really sucks what happened to Horton. I always hated watching him play on Boston (because he was damn good). Hopefully Clarkson bounces back and proves some kind of worth to you guys.