Confirmed with Link: Rangers Acquire Rights to RW Barclay Goodrow; Signs Contract (6 Years, $3.642M AAV)

[Irishguy42]

I think the buyout is the same. It's spread evenly for cap purposes. Frontloading allows them to move the contract easier, not buy it out.

Front-loading makes it easier to buyout later in the contract.

It's signing bonuses that make contracts buyout-proof, as they are excluded when determining total buyout cost, but are included later into the remaining caphit equation. Especially when combined with a low base salary.

Buyout coast is calculated in the following way:

A lot of star players will take a base salary below $1M, but will have insane signing bonuses every year that will drive up the AAV and basically make their contracts bullet-proof for buyouts b/c the first half of the buyout will be minimal savings. Take a peak at Tavares/Matthews/McDavid on CapFriendly and click the "buyout contract" option on them.

 

[Thirty One]

Front-loading makes it easier to buyout later in the contract.

It's signing bonuses that make contracts buyout-proof, as they are excluded when determining total buyout cost, but are included later into the remaining caphit equation.

Front-loading will make the cap hit higher on a buy-out later in the contract.

 

[eco's bones]

It's dirty plays like that, that make it really hard to root for this guy..reminded me of Byfuglien's crosscheck on Miller years ago.

Really? Looked to me like a pretty run of the mill crosscheck hardly worthy of all the excitement it caused. Hardly dirty and hardly a suspendable play. At most a two minute minor and quite often not even called. Cizikas might have been hamming it up for a penalty call.

 

[JohnC]

Front loading was to make it easier to ship off a player to a team that needed to reach the cap floor while paying very little in real dollars

 

[Irishguy42]

Front-loading will make the cap hit higher on a buy-out later in the contract.

EDIT: Now that I'm looking at this, I think my numbers are vastly outside of the margin allowed. Back to the calculator.

Still, I think we're both right, and that overall the buyout cost is lowered, but the timing in which you buy it out can spike the buyout caphit in certain years.

 

[GoAwayPanarin]

It's dirty plays like that, that make it really hard to root for this guy..reminded me of Byfuglien's crosscheck on Miller years ago.

Not seeing the similarity at all. One was a nudge that Cizikas played up, the other was a legit dangerous play.

 

[The Crypto Guy]

Not seeing the similarity at all. One was a nudge that Cizikas played up, the other was a legit dangerous play.

Haha it was just a joke. The "cross check" that Goodrow threw was the lightest crosscheck I've seen in the NHL but the isles player went down like a ton of bricks.

 

[GAGLine]

EDIT: Now that I'm looking at this, I think my numbers are vastly outside of the margin allowed. Back to the calculator.

Still, I think we're both right, and that overall the buyout cost is lowered, but the timing in which you buy it out can spike the buyout caphit in certain years.

If the salary is lower than the AAV, the cap savings will be less. They do this so that teams can't pay a guy 6 mil a year but only have 4 mil a year in cap hits and then buy him out without penalty.

The only benefit of frontloading for buyouts is the extra years after the contract would have ended are less.

Contract A:
6 mil cap hit
3 mil salary
1 year remaining
No signing bonuses

2/3rds is 2 mil, divided by 2 years. The cap hits would be 4 mil in year 1 and 1 mil in year 2. The salary in year 1 drops from 3 mil to 1 mil, which is a 2 mil savings. 6 mil AAV - 2 mil = 4.

Contract B:
6 mil cap hit
9 mil salary
1 year remaining
No signing bonuses

2/3rds is 6 mil, divided by 2 years. The cap hits would be 0 in year 1 and 3 mil in year 2.

9 mil - 3 mil is 6 mil in savings. 6 mil cap hit - 6 mil savings = 0.

If there are signing bonuses in any of the remaining years, those amounts are excluded from these calculations and added back at the end. So if in both cases above there was a 1 mil signing bonus in addition to the listed salaries, the cap hits would be 5 and 1, and 1 and 3, respectively.

 

[Raspewtin]

Haha it was just a joke. The "cross check" that Goodrow threw was the lightest crosscheck I've seen in the NHL but the isles player went down like a ton of bricks.

i mean, that was some grade A sarcasm lol

 

[patnyrnyg]

I seriously can not believe there are fans who watched this team give up tying/late game losing goals again and again and again and again for 2+ years would have an issue with a slight overpayment for this kind of player. My only logical conclusion is that there is no actual, realistic cap situation that would make them happy. They want all super-talented rookies (acquired picks for Old Man Chytil!) on entry-level deals and then sign the 6 or 7 generational talents you've amassed (because that totally happens) over the next couple years.

I could not agree with you more. Goodrow is exactly the type of player they need. Is it an overpayment? Yes. But, $3.6MM is not a cap killer like an $8-9MM cap hit when the player flops.

 

[MysticLeviathan]

the only question is if there will be any kind of NTC. I don’t care what clauses there are in the first three years, but the last half of the contract is where you want zero trade protection. Hopefully we’re able to avoid any kind of clause in the last half of the contract, which would make the contract far less of a problem.

 

[Harbour Dog]

the only question is if there will be any kind of NTC. I don’t care what clauses there are in the first three years, but the last half of the contract is where you want zero trade protection. Hopefully we’re able to avoid any kind of clause in the last half of the contract, which would make the contract far less of a problem.

This is what I'm waiting for too.

The term and AAV are bad, but as long as it has the potential to be moved when push comes to shove, then I can deal with it.

 

[Emptyvoid]

Thanks for all the buyout info guys, definitely didn't understand how they worked completely

 

[Off Sides]

I guess I see it differently.

Like 9M on Fox is not a cap killer

8M used on Shesty and Lindgren, fine maybe good even

Yet when we start to add up cap hits, the overpay here even if it's 1M, the one to Trouba which is like 2M (being generous), Geo 1.5M, the next player they overpay even a little for, it starts to add up to what a very good player like Buch's cap hit would be instead, or what an extension to a player who is improving would be. (should clarify, not based on market rates, based on what their performance is or will be per cap hit which is subjective unless we are talking about production)

Which is why I like to break it down by how much the cap hits cost versus how many players they are using it on, (thanks @GAGLine where I believe I got it from long ago) eventually if they run out of cap space before they build a good (or Cup contending) top to bottom roster, it means some player has to go who they'd very likely be better off keeping for contention.

 

[DekeR]

Im just spitballing but what if he's playing 3rd c with Kreider and Buch or Lafreniere and Kakko?

I know I'm just nitpicking the Goodrow deal. But if we start overpaying /terms because of FA to players who will not progress any further, we lose our ability to sign our players two three four years from now when we need that space. You hear about in a couple of years the cap should increase because of TV $ but there is always that but. I like being frugal with 3rd and 4th line players and especially with terms. One thing I can tell you, Goodrow has no hockey IQ to play center.

 

[Shesterkybomb]

I guess I see it differently.

Like 9M on Fox is not a cap killer

8M used on Shesty and Lindgren, fine maybe good even

Yet when we start to add up cap hits, the overpay here even if it's 1M, the one to Trouba which is like 2M (being generous), Geo 1.5M, the next player they overpay even a little for, it starts to add up to what a very good player like Buch's cap hit would be instead, or what an extension to a player who is improving would be. (should clarify, not based on market rates, based on what their performance is or will be per cap hit which is subjective unless we are talking about production)

Which is why I like to break it down by how much the cap hits cost versus how many players they are using it on, (thanks @GAGLine where I believe I got it from long ago) eventually if they run out of cap space before they build a good (or Cup contending) top to bottom roster, it means some player has to go who they'd very likely be better off keeping for contention.

The Trouba contract got a little messed up with the flat cap, his contract percentage should have lowered the last 2 years, it hasn't. I still like him, i think he's a key part to winning playoff rounds but id be happier at 6.5 or 7, which is where it probably should have been percentage wise by now. Unfortunately we will likely bridge Fox because he's gonna see the money that is available later, the timing of the flat cap on both really sucks.

 

[Shesterkybomb]

I know I'm just nitpicking the Goodrow deal. But if we start overpaying /terms because of FA to players who will not progress any further, we lose our ability to sign our players two three four years from now when we need that space. You hear about in a couple of years the cap should increase because of TV $ but there is always that but. I like being frugal with 3rd and 4th line players and especially with terms. One thing I can tell you, Goodrow has no hockey IQ to play center.

I hear ya but this team needs this type of player right now and if you look around the league for one it will cost the same only you'll likely have to give up meaningful assets to aquire him, not giving away a prospect or an early pick(tampa gave a 1st for him) helps backfill with young cheap contracts, and this guy just won back to back cups. Id prefer given where he is on the roster he was paid 1.5-2.5 mill but what can you do, we need him.

 

[Edge]

Goodrow is why it’s important to keep finding talent to fill bottom six roles - via the draft and via free agency.

Becauae if you can find and develop those guys, eventually you don’t have to sign them to six year contracts because of league demand. That’s where your guys like Cuylle, or Barron, or maybe someone like Helenius become important.

It’s also why you sign guys like Richards, or give someone like Gettinger more time to develop.

 

[DekeR]

Goodrow is why it’s important to keep finding talent to fill bottom six roles - via the draft and via free agency.

Becauae if you can find and develop those guys, eventually you don’t have to sign them to six year contracts because of league demand. That’s where your guys like Cuylle, or Barron, or maybe someone like Helenius become important.

It’s also why you sign guys like Richards, or give someone like Gettinger more time to develop.

Totally agree, thats why I would prefer to hit FA with good players and develop 3-4 liners to be hard and somewhat skilled to contribute towards the offense with secondary scoring. To me 2nd, 3rd and even 4th round draft picks are very important. But thats even a simplistic approach. LOL.

 

[romba]

You can find gritty players with playoff experience without committing to them for 6 years at a high cap hit.
That's like saying "Oh you don't want to trade Kravtsov for Reaves? You don't really want grit then. You don't like this team" lol

One is a moderate overpayment, the other is a big overpayment.

 

[RangerBoy]

The increases are in the middle of the contract. That is the new structure.

 

[DanielBrassard]

Pretty terrible but whatever.

 

[NYRFAN218]

How does it make any sense for the Rangers to structure it like that? Am I missing something?

 

[MysticLeviathan]

I really wish the last two years didn’t have any kind of NTC

 

[DanielBrassard]

How does it make any sense for the Rangers to structure it like that? Am I missing something?

Escrow goes down in a couple years, so it's a benefit for Goodrow.