Salary Cap: Pens '23-'24 Salary Cap Thread: "Mandrake, do you recall what Clemenceau once said about hockey"

[BusinessGoose]

But since that isn't likely to happen lets focus on something that is? How about selling off Jake? Maybe Nej? Add some Smith? Possibly Eller? Pretty fun to think about.

Please!!
From your mouth to God's ears!!

We know they need to blow it up.

The only thing that sucks is Ned having to go, he's the kind of cheapish (even after this year) goalie that you use in a rebuild transition.

But maybe Blomqvist can just be the new MAF to build the next round with.

 

[ChaosAgent]

Has anyone approximated the worth of the land development surrounding the arena? How profitable will that be for FSG?
I certainly don't have any idea. But I've read the city is planning infrastructure improvements in that area which should enhance their development plans.

I don't have a way to approximate land dev profits. Maybe someone else can chime in.

But I think the difference is that the land dev is a separate entity to the Penguins and is not linked to the team's success. Whereas Sportsnet's revenues are linked much more closely. If the land dev was profiting FSG +$20M but the Penguins/Sportsnet was losing $10M, I don't think FSG would be happy with Penguins/Sportsnet management. They'd maybe say that the acquisition of the Penguins wasn't negative cash flow because the land dev was making up for the team's losses.

 

[Josey Wales]

No. There's no hope of that. This team sucks donkey balls. Because of the ownership and coach. They boxed themselves into a corner, and now they're f***ed.

They won't compete for nearly the next decade now.

But it still means Sullivan should go. He's boring. His play strategy is boring. His platitudes are boring. His face is boring. His command presence has withered. He's not the coach from 2016. That coach should be here. But he's not.

He's like you.

He should just leave.

AWWWW I think you need to out & drowned your sorrows & Get shitfaced

Has anyone approximated the worth of the land development surrounding the arena? How profitable will that be for FSG?
I certainly don't have any idea. But I've read the city is planning infrastructure improvements in that area which should enhance their development plans.

Hill District is Garbage

 

[Pens x]

Is this actually true? It used to be said that teams need to make the playoffs to break even.

Fenway also has a lot of risk now that it owns ATTSN. I would at this point consider ATTSN and the Penguins as a combined entity since they are so tied. If the Penguins are bad enough that it leads to cord-cutting or lower viewership, FSG will lose money most likely.

This is also why FSG is so protective of Sullivan. That idiotic contract they signed him to. I don't think they let him go until they know 100% he will take another job. They aren't going to pay him $5,500,000 and go into the red to stay home. Especially since they love him so much as a coach anyway.

But but but what about their deep pockets?

 

[Ryder71]

But but but what about their deep pockets?

Very deep pockets. Lets just watch our deadline haul, should be exciting.

 

[ChaosAgent]

But but but what about their deep pockets?

I think they have deep pockets but that doesn't mean they'll tolerate a money-losing entity.

I think FSG are kinda crappy owners, especially in the Sullivan extension. The statement BusinessGoose posed was that they were making money so they didn't care. I'm not sure the Penguins/Sportsnet are making that much money right now. Or any.

 

[Ulf5]

Hill District is Garbage

Could be wrong but I believe they also have a nice chunk of uptown.

 

[BusinessGoose]

I think they have deep pockets but that doesn't mean they'll tolerate a money-losing entity.

I think FSG are kinda crappy owners, especially in the Sullivan extension. The statement BusinessGoose posed was that they were making money so they didn't care. I'm not sure the Penguins/Sportsnet are making that much money right now. Or any.

You might be right. I dont think it's losing money. And their portfolio is diverse enough that I think they could absorb a hit on the hockey team. They might be looking at long term investment which is different than what we want today.

Plus the real estate rumored to have been a part of it, and revenue from the arena in general. I think they're content at hell with the hockey ops as part of their overall strategy.

Pens just need to be relevant enough, not an outright smash.

 

[ChaosAgent]

You might be right. I dont think it's losing money. And their portfolio is diverse enough that I think they could absorb a hit on the hockey team. They might be looking at long term investment which is different than what we want today.

Plus the real estate rumored to have been a part of it, and revenue from the arena in general. I think they're content at hell with the hockey ops as part of their overall strategy.

Pens just need to be relevant enough, not an outright smash.

I think it's heading towards irrelevance kind of quickly. And it's not like the Pirates are doing great for the other end of the bargain (since FSG owns 80% of Sportsnet they are invested heavily in the Pirates as well)

Older Pittsburghers may take a while to cut the cord, but it will happen.

TBH I think FSG is one year away from doing this here. I would definitely switch from Fubo to this $30/month offering for the Penguins and Pirates.

NESN 360 - NESN.com

nesn.com

 

[Jacob]

Has anyone approximated the worth of the land development surrounding the arena? How profitable will that be for FSG?
I certainly don't have any idea. But I've read the city is planning infrastructure improvements in that area which should enhance their development plans.

More profitable as parking, hence why they (and the Steelers & Pirates) drag their feet on selling.

 

[PensPlz]

Hill District is Garbage

The Hill District is why we can't have nice things.

If I want a full night out that includes a hockey game, I'll just drive to Columbus. Their arena district is choice.

 

[Turin]

Apparently Friedman said there are teams interested in Jarry/Ned. A lot of interest in Guentzel.

I would imagine Vegas starts feeling pressure to get something done sooner rather than later, they look like shit without Eichel and Stone. Vancouver also hitting a 5 game losing streak if they don't come back this game.

 

[Ulf5]

Apparently Friedman said there are teams interested in Jarry/Ned. A lot of interest in Guentzel.

I would imagine Vegas starts feeling pressure to get something done sooner rather than later, they look like shit without Eichel and Stone. Vancouver also hitting a 5 game losing streak if they don't come back this game.

Says Vegas, Vancouver, Edmonton, Carolina and Florida has inquired on Jake and he has no doubt there are more. Opening segment.

 

[Ryder71]

Apparently Friedman said there are teams interested in Jarry/Ned. A lot of interest in Guentzel.

I would imagine Vegas starts feeling pressure to get something done sooner rather than later, they look like shit without Eichel and Stone. Vancouver also hitting a 5 game losing streak if they don't come back this game.

I'd prefer we deal Jake a few days prior, that way we don't have the possibility of getting ''stuck'' at the last minute. Can't afford to let that happen.

 

[PensPlz]

If this team has a buyer for Jarry without having to retain salary or take a bad contract in return, and they don't do it, then that might be the straw that broke the camel's back for me and this team...

Hell, trade Ned too if there's a buyer. Ned will probably get more than Jarry given the contract situations. Call up Hellberg to finish the season. Look for Blomqvist to start next year with a veteran backer.

Jake, Riley, Jarry, Ned out at a minimum.

 

[Ryder71]

If this team has a buyer for Jarry without having to retain salary or take a bad contract in return, and they don't do it, then that might be the straw that broke the camel's back for me and this team...

Hell, trade Ned too if there's a buyer. Ned will probably get more than Jarry given the contract situations. Call up Hellberg to finish the season. Look for Blomqvist to start next year with a veteran backer.

Jake, Riley, Jarry, Ned out at a minimum.

Jarrys had a good season and it's not like his contract is onerous. Now, if we get a haul sure, but Nej is far more likely to go.

 

[PensPlz]

Jarrys had a good season and it's not like his contract is onerous. Now, if we get a haul sure, but Nej is far more likely to go.

Right, and Jarry has a lot of value right now... but not a lot of contenders have 6 milli in cap space for a goalie. They might need to dump someone with term to make it work. I guess I'd be happy with a 1st and a cap dump for Jarry. Just depends how big a dump. Don't want another Carter on the team next year.

 

[Andy99]

Says Vegas, Vancouver, Edmonton, Carolina and Florida has inquired on Jake and he has no doubt there are more. Opening segment.

If Carolina is interested I’m pushing Jake out the door with extension in hand if we could get Nikishin or Jarvis…no draft picks…would take a cap dump too lol

 

[pistolpete11]

I'd be shocked if they traded Jarry. Shocked.

I think that speculation is clearly about Ned, though. Which makes a ton of sense with him being a UFA.

 

[Big Friggin Dummy]

If this team's gonna grow the spine (and brains) to move on from Jake, they should absolutely aggressively shop Jarry as well as Petts, and anyone with a lesser value.

I'm still skeptical they move Jake tbh. Hopeful, but I'll believe it when I see it.

 

[SEALBound]

I'd be shocked if they traded Jarry. Shocked.

I think that speculation is clearly about Ned, though. Which makes a ton of sense with him being a UFA.

I think it largely depends on the return. I think it was said that when NJ was looking at Markstrom, it was Holtz involved. If you can send out Jarry and get someone like Holtz, Mercer, or Necas from Carolina, I think you have to consider it. Keeps Neds, bring back a goalie, or take a payment to get a goalie, bring up Blomqvist, sign a stop-gap next year...it's doable.

Suggestions:
Jarry to...

NJ for Holtz+Vanacek
NJ for Mercer+Vanecek
NJ for Bahl+1st+Vanecek and send them POJ
Jarry+Pettersson for Mercer+Bahl+Vaneck+2nd

CAR for Necas
CAR for

Edmonton for Holloway+1st

Take a 3rd from Toronto to take Samsonov if a goalie doesn't come back.

 

[SEALBound]

If Carolina is interested I’m pushing Jake out the door with extension in hand if we could get Nikishin or Jarvis…no draft picks…would take a cap dump too lol

Jarvis or Necas would be huge. I'd also offer up something like:

Jake @50%+Smith

for

Jarvis/Necas+Bunting

Say it's Necas+Bunting, that completely changes the dynamics of the top 6 next year or even top 9.

Rakell-Sid-Rust
DOC-Malkin-Puustinen
Bunting-Eller-Necas

With the needs of Carolina and having the likes of Jake, Smith, Jarry, and possibly Pettersson, they made for a very interesting trading partner.

 

[Goalie_Bob]

I love your scenario and how Pustinen and DOC are playing on the 2nd line over Bunting and Necas.

 

[Zbynek]

This is a perfect storm to deal Jarry because:

1. it's an opportunity to undercut Calgary/Anaheim/Nashville
2. The teams who are looking (NJD and CAR) are unlikely to be on Jarry's no-trade list
3. His value will never be this high again

 

[AuroraBorealis]

This is a perfect storm to deal Jarry because:

1. it's an opportunity to undercut Calgary/Anaheim/Nashville
2. The teams who are looking (NJD and CAR) are unlikely to be on Jarry's no-trade list
3. His value will never be this high again

It's a shame that Demko's been good cuz Jarry would be a natural fit in Vancouver. He's got the Rutherford/Allvin connection and he grew up in Greater Van.
Jarrs also has a strong connection to Edmonton. He played for the Oil Kings for 4 seasons. Believe he spends his summers there as well.