basically it means the player woudl be giving up a larger portion of their salary for escrow. Which I believe gets returned to the players if certain revenue targets are met.
Offseason GDT III
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basically it means the player woudl be giving up a larger portion of their salary for escrow. Which I believe gets returned to the players if certain revenue targets are met.
Ziggy Stardust
Master Debater
They could meet in the middle at 5 years at $5.75M. But I'm not sure if that's going to restrict the Kings from making additional moves. They're a bit restrained now thanks to the Brown and Gaborik contracts.
tsanuri
Registered User
There is nothing emergency about the 5% escalator as it's called. It is actually there to assume a 5% growth rate year over year.
The way everything works is not based off the cap but the mid-point. Which is why escrow is part of the system. And they will always want to set the escrow amount above what they actually think revenue will come in at. Much easier to give money back that to go asking for more money to be paid. The players make 50% of revenue no matter what. It includes all forms of payment to the players. LTIR, buyouts, settlements, bonuses either earned or signing, and salary.
So at the end of the year they add up all the revenue so that they can figure the cap for next year to announce by June 30th. The way they figure the players share is to take the revenue and divide by 2. Then benefits are removed. Last year is was rumored to be around 120M. They then take everything that was paid to the players and if there was a shortfall, which they both expect and want, then monies are returned to the players based off that.
From there in order to figure the cap they then divide that number by 30. The escalator is then applied at 5%. Which gives the new midpoint that both the cap and basement are figured from. In order to get the cap you add 15% and the basement subtract 15%.
But everything is done from the mid-point. And when they announce the cap they give the number but that is about the last we ever hear of it. Yet that is where the players share is at. In my opinion, which doesn't seem to be shared, a 15% escrow is what is expected and built in. Since most if not all teams spend over the mid-point.
So the players get their 50% every year no matter what. But since all we hear about is the cap. I really wonder how many understand it's the mid-point where the actual monies paid comes from.
The way everything works is not based off the cap but the mid-point. Which is why escrow is part of the system. And they will always want to set the escrow amount above what they actually think revenue will come in at. Much easier to give money back that to go asking for more money to be paid. The players make 50% of revenue no matter what. It includes all forms of payment to the players. LTIR, buyouts, settlements, bonuses either earned or signing, and salary.
So at the end of the year they add up all the revenue so that they can figure the cap for next year to announce by June 30th. The way they figure the players share is to take the revenue and divide by 2. Then benefits are removed. Last year is was rumored to be around 120M. They then take everything that was paid to the players and if there was a shortfall, which they both expect and want, then monies are returned to the players based off that.
From there in order to figure the cap they then divide that number by 30. The escalator is then applied at 5%. Which gives the new midpoint that both the cap and basement are figured from. In order to get the cap you add 15% and the basement subtract 15%.
But everything is done from the mid-point. And when they announce the cap they give the number but that is about the last we ever hear of it. Yet that is where the players share is at. In my opinion, which doesn't seem to be shared, a 15% escrow is what is expected and built in. Since most if not all teams spend over the mid-point.
So the players get their 50% every year no matter what. But since all we hear about is the cap. I really wonder how many understand it's the mid-point where the actual monies paid comes from.
WHOneedsSOX
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- Mar 1, 2015
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Still don't know how to embed tweets but Friedman said cap expected to be around $72.8 million with the escalator. $69.5 million without it.
Quattro
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Quattro
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KingCanadain1976
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tsanuri
Registered User
If you click on any tweet it will bring it up and then show you it. Near the end will be a string of numbers. You simply but this between the tweet tags. And then you have an embedded tweet. In the tweet below the numbers after the / to the ? would be what would be copied. You'll have to click on the link to see it fully.
https://twitter.com/lakingsinsider/status/739913098560081920?lang=en
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KingCanadain1976
Registered User
the fan 960 now talking about a report about Carolina moving to Vegas and deferring all expansion.
Seems unlikely the owners would turn down that expansion money if a team is going to Vegas anyway
Seems unlikely the owners would turn down that expansion money if a team is going to Vegas anyway
KopitarFAN
Reno Sucks!
Or would enough owners not want to lose a pretty good player, when the Canadian and northeast teams are likely gonna have to carry them with revenue sharing anyway?
(just a theory)
kingskring
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Dustin Brown, whom the organization has stripped him of his captaincy, is not expected to be traded, nor will he be bought out, but the likes of Marian Gaborik, Kyle Clifford and Dwight King could be dangled as trade bait.
Been saying this for awhile. If the Kings can't deal Brown, then King and Clifford are gone, especially if the Kings re-sign Lucic.
Kings need to open up a spot for Mersch or a UFA on the 3rd line. A 3rd line of King-Shore/Dowd-Brown is terrible.
Keeping Brown means the Kings need to put a speedy LW or RW on the other side of him and King and Mersch aren't that solution.
Also, Andreoff can take over for Clifford. Nolan will be back and healthy. Clifford has a higher cap hit than both.
Been saying this for awhile. If the Kings can't deal Brown, then King and Clifford are gone, especially if the Kings re-sign Lucic.
Kings need to open up a spot for Mersch or a UFA on the 3rd line. A 3rd line of King-Shore/Dowd-Brown is terrible.
Keeping Brown means the Kings need to put a speedy LW or RW on the other side of him and King and Mersch aren't that solution.
Also, Andreoff can take over for Clifford. Nolan will be back and healthy. Clifford has a higher cap hit than both.
WHOneedsSOX
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If Chicago actually offers up Teuvo along with Bickell, would it be such a bad idea for the Kings to take that and give Chicago a 3rd round pick or something? Gets them a prospect with pretty good potential. Bickell's contract expires next summer.
KopitarFAN
Reno Sucks!
Couldn't afford him, unless they would just buy him out.
Would be this:
16-17: $1M
17-18: $1.5M
-Brown will be in the top 6 for a good part of next season. No point in worrying about King/Shore/Brown.
-Why are you so concerned with 3rd liners? Mersch/King/Brown on the 3rd line... does it really matter?
It's hard to think the Hawks would do this. The buyout would only be $1M next year and $1.5 the year after. Teuvo at 900k this year would be like a combined hit of 2M. I'd do that. Chicago is going to really need that $1M cap hit this year to make it worth while for them. Maybe we could send Shore back?
Here's another idea...
Hawks are retaining 1.125M on Scuderi
Pens are retaining 1.125M on Scuderi
If the Kings buyout Scuderi they have a $1.7M and 0.83M cap hit for the next two years. Kings buying out that contract should make those cap hits for the Hawks/Pens go away, or does something strange like they get a % of the buyout cap hit?
So Kings buyout Scuderi for a Pokka or Schmaltz from the Hawks and a 2nd/3rd from the Pens.
Edit: It would appear that each team would be responsible for their part of the buyout as far as cap hits go. So Pens/Hawks would save about 0.6M against the cap this year and be on the hook for 0.25M next year. Probably can't get much of a return for $600k worth of cap space.
http://thehockeywriters.com/nhl-retained-salary-trades/
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-Brown will be in the top 6 for a good part of next season. No point in worrying about King/Shore/Brown.
-Why are you so concerned with 3rd liners? Mersch/King/Brown on the 3rd line... does it really matter?
It's hard to think the Hawks would do this. The buyout would only be $1M next year and $1.5 the year after. Teuvo at 900k this year would be like a combined hit of 2M. I'd do that. Chicago is going to really need that $1M cap hit this year to make it worth while for them. Maybe we could send Shore back?
Here's another idea...
Hawks are retaining 1.125M on Scuderi
Pens are retaining 1.125M on Scuderi
If the Kings buyout Scuderi they have a $1.7M and 0.83M cap hit for the next two years. Kings buying out that contract should make those cap hits for the Hawks/Pens go away, or does something strange like they get a % of the buyout cap hit?
So Kings buyout Scuderi for a Pokka or Schmaltz from the Hawks and a 2nd/3rd from the Pens.
Edit: It would appear that each team would be responsible for their part of the buyout as far as cap hits go. So Pens/Hawks would save about 0.6M against the cap this year and be on the hook for 0.25M next year. Probably can't get much of a return for $600k worth of cap space.
http://thehockeywriters.com/nhl-retained-salary-trades/
If Scuderi is waived and unclaimed instead of being bought out isn't his cap hit lowered to $750k or am I mistaken????
KopitarFAN
Reno Sucks!
Kingspiracy
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Is it just me or does 6m x 6yr seem like a pretty reasonable ask by Lucic? I though originally we were talking something like 6-7m x 8yr.
He's just turned 28, that brings us to 34 when the deal expires, not ridiculous.
I'd prefer 5 x 4, but he ain't gonna take that.
damacles1156
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6 years at 6 million is reasonable by Lucic, but I wouldn't pay that for him. His average career goals is 17-20, and his game is going to drop off like Brown's I feel.
If the Kings are going to pay that kind of money to a winger, it needs to be Toffoli.
If the Kings are going to pay that kind of money to a winger, it needs to be Toffoli.
KingsFan7824
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It's reasonable, but the issue is how many guys can the Kings pay? Kopitar is at 10, Brown is almost at 6, Carter is at 5, Gaborik is almost at 5, if Lucic is at 6, then Toffoli is probably going to be around that number give or take, plus Pearson will get more if he's as productive as everyone hopes he is. Nobody is going to take Brown or Gaborik out of the goodness of their heart just to help the Kings cap situation.
They could afford Lucic at 6 for next year(but leaving a hole on defense for unproven players to hopefully win a job), it's after that where it becomes a problem.
Even if they could open up some space by trading King and Clifford for picks, it's still a tricky situation. Shouldn't be a boring start to the summer either way at least. So that's something.
WHOneedsSOX
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Kings basically would have to let Lucic and Lewis walk but they can afford Bickell at $4 million. The team would suck but I don't think they're cup contenders anyways unless they can move Brown.
The idea wasn't cap space for the Kings. If the Kings bought Scuderi out it would free up cap space for the Hawks/Pens. I was wondering if there was value in that for the Hawks. At about 600k, maybe there isn't enough there. If they are right up against the cap and 600k means they don't lose someone they don't want to trade, maybe it buys the Kings a 2nd.
Seems reasonable. I'd give Browns contract to Lucic at this point. Have to find a way of getting Brown off the books.
It's going to be great seeing Lucic walk and get to keep Brown in the top 6 next year.
kingsfan28
Its A Kingspiracy !
The idea wasn't cap space for the Kings. If the Kings bought Scuderi out it would free up cap space for the Hawks/Pens. I was wondering if there was value in that for the Hawks. At about 600k, maybe there isn't enough there. If they are right up against the cap and 600k means they don't lose someone they don't want to trade, maybe it buys the Kings a 2nd.
Seems reasonable. I'd give Browns contract to Lucic at this point. Have to find a way of getting Brown off the books.
It's going to be great seeing Lucic walk and get to keep Brown in the top 6 next year.
Brown earned that contract and lead the team to two Cups. It sucks his game has fallen off so bad, but it is what it is. Lucic hasn't done jack squat.
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