If the Rangers buyout Staal and/or Smith, they have replacements coming from within. All of those guys (Rykov, Lindgren, Hajek) areon ELC's for 2 more years. That covers the cost difference between his year and next year
Let's take a look, assuming the following players replace them this year and next:
Hajek = $.833m this year and next
Rykov = $.925m this year and next
Smith
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (
NYR) |
2019-20 | $4,525,000 | $4,350,000 | $0 | $1,145,833 | $1,145,833 | $3,379,167 | $970,833 |
2020-21 | $2,350,000 | $4,350,000 | $1,000,000 | $1,145,833 | $2,145,833 | $1,204,167 | $3,145,833 |
2021-22 | $0 | $0 | $0 | $1,145,833 | $1,145,833 | -$1,145,833 | $1,145,833 |
2022-23 | $0 | $0 | $0 | $1,145,833 | $1,145,833 | -$1,145,833 | $1,145,833 |
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Staal
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT ( NYR) |
2019-20 | $4,000,000 | $5,700,000 | $1,000,000 | $1,200,000 | $2,200,000 | $2,800,000 | $2,900,000 |
2020-21 | $3,200,000 | $5,700,000 | $1,000,000 | $1,200,000 | $2,200,000 | $2,000,000 | $3,700,000 |
2021-22 | $0 | $0 | $0 | $1,200,000 | $1,200,000 | -$1,200,000 | $1,200,000 |
2022-23 | $0 | $0 | $0 | $1,200,000 | $1,200,000 | -$1,200,000 | $1,200,000 |
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Cap hit 2019-20
$970,933 + $2,900,000 + $833,333 + $925,000 = $5,629,266 cap hit
VS
$5.7m + $4.525m = $10,225,000
Savings = $4,595,734
Cap Hit 2020-21
$3,145,833 + $3,700,000 + $833,333 + $925,000 = $8,604,166
VS
$5.7m + $4.525m = $10,225,000
Savings = $1,620,834
When looking at it from this viewpoint, it's difficult to not buy out both players. Yes there is a collective dead cap hit of $2,345,833 n years 3 + 4 but you will still have Hajek and Rykov on good deals just coming out of their ELC's.
I would argue that it would be MORE important to continue back-filling organizational depth to keep good, cheap youn talent coming up rather than attaching any bad contract to someone like Kreider. The value of a young player like ADA, Hajek, Rykov, Andersson, Chytil, FAR EXCEEDS the loss of a small amount of cap space 3 and 4 years from now