Rumor: San Jose trying to trade Evander Kane

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Nolan11

Registered User
Mar 5, 2013
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They would rather buy him out than retain 50%. There's a reason nobody retains 50% on anything with more than a season left.

I usually agree with you, but this time the numbers tell me a different story. If we did uy him out after arbitration hearings for Hill, the cap hits would be 1.8, 3.8, 2.8 then 4.8 followed by 1.8 x 4 more years. I could see the team preferring a 3.5 M x 4 then off the books for when we start extending Eklund and others.

Real money is a bit of a wash 14 M to retain 50%, 14. 6 M to buy out. I conclude that, if they need him gone and find a taker that would pay us to retain 50%, they could choose that route for a pair of 2nds or some such). Now, finding that dance partner may be problematic.....
 

Pinkfloyd

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Oct 29, 2006
71,166
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I usually agree with you, but this time the numbers tell me a different story. If we did uy him out after arbitration hearings for Hill, the cap hits would be 1.8, 3.8, 2.8 then 4.8 followed by 1.8 x 4 more years. I could see the team preferring a 3.5 M x 4 then off the books for when we start extending Eklund and others.

Real money is a bit of a wash 14 M to retain 50%, 14. 6 M to buy out. I conclude that, if they need him gone and find a taker that would pay us to retain 50%, they could choose that route for a pair of 2nds or some such). Now, finding that dance partner may be problematic.....

If they didn’t do it for Jones, they probably won’t for Kane either. The Sharks aren’t going to pay anyone to take Kane and they’re not going to retain 50%. There are no numbers for retaining that much for that long. It’s not going to happen and this is just vultures being vultures. Nobody is giving a positive asset for Kane even at 50% even if he’s cleared.
 

TheGreenTBer

the only language I speak is FAILURE
Apr 30, 2021
9,944
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This is exactly the kind of cutting edge thinking that we need in this world

200.gif


Promote @north49er to moderator!

is being a moderator of this site more of a promotion or a punishment?
 

OgeeOgelthorpe

Riccis per 60 record holder
Feb 29, 2020
18,064
19,585
Evander Kane + retention + San Jose's 1st for Phil Kessel

Bury Kane out in the desert.
 

North Cole

♧ Lem
Jan 22, 2017
11,832
13,496
I feel like this guy is the equivalent of the 'Demon core'. Just a matter of time in a locker room before he goes critical and then becomes an irreversible problem.

His on ice production is so good, if he had average problems he would return a pretty penny. I can't recall seeing a player with such huge on ice value where a fanbase would simultaneously want to fire their GM for acquiring him. Maybe someone else knows a similar situation like this, where the positive on-ice contribution is 100% juxtaposed by the negative off-ice?
 

Nolan11

Registered User
Mar 5, 2013
3,236
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If they didn’t do it for Jones, they probably won’t for Kane either. The Sharks aren’t going to pay anyone to take Kane and they’re not going to retain 50%. There are no numbers for retaining that much for that long. It’s not going to happen and this is just vultures being vultures. Nobody is giving a positive asset for Kane even at 50% even if he’s cleared.

Then we wont be trading him. No reason to pay assets to offload him, especially retained. If he is cleared, he either plays for us, or is in the pressbox or leant to EU, etc. We won't buy him out with the investigation ongoing and that is likely to extend past the 2nd buy-out period.
 

jMoneyBrah

Registered User
Jan 10, 2013
1,234
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They would rather buy him out than retain 50%. There's a reason nobody retains 50% on anything with more than a season left.

Would they? It’s dead cap regardless of which mechanism is used.

In Kane’s case, retaining 50% reduces Kane’s cap hit in years 2 and 4 and is off the books after 4 seasons. The only years you save more cap by buying out Kane are next season ($1.666M) and year 3 ($0.666M)


YearBuyout50% RetainedCost Difference
21-22$1,833,333$3,500,000-$1,666,667
22-23$3,833,333$3,500,000$333,333
23-24$2,833,333$3,500,000-$666,667
24-25$4,833,333$3,500,000$1,333,333
25-26$1,833,333$0$1,833,333
26-27$1,833,333$0$1,833,333
27-28$1,833,333$0$1,833,333
28-29$1,833,333$0$1,833,333
[TBODY] [/TBODY]

I get that there would be a cost to entice a team to take the other side of Kane’s salary, but from a strictly Sharks cap angle it’s more desirable to trade with retention.
 

Sempiternal

Registered User
Jul 5, 2014
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I don't think there will be any buyers. Evander Kane's time in the NHL is done. Hopefully.
 

Pinkfloyd

Registered User
Oct 29, 2006
71,166
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Folsom
Would they? It’s dead cap regardless of which mechanism is used.

In Kane’s case, retaining 50% reduces Kane’s cap hit in years 2 and 4 and is off the books after 4 seasons. The only years you save more cap by buying out Kane are next season ($1.666M) and year 3 ($0.666M)


YearBuyout50% RetainedCost Difference
21-22$1,833,333$3,500,000-$1,666,667
22-23$3,833,333$3,500,000$333,333
23-24$2,833,333$3,500,000-$666,667
24-25$4,833,333$3,500,000$1,333,333
25-26$1,833,333$0$1,833,333
26-27$1,833,333$0$1,833,333
27-28$1,833,333$0$1,833,333
28-29$1,833,333$0$1,833,333
[TBODY] [/TBODY]
I get that there would be a cost to entice a team to take the other side of Kane’s salary, but from a strictly Sharks cap angle it’s more desirable to trade with retention.

Yes they would for two reasons. One, no team wants Kane. The Sharks were the only team that wanted him from Buffalo as a rental. Why would any of the issues that are current with Kane lead anyone to believe that the list of teams has expanded at this point? Two, even if you got one to do so, you can't simply isolate the cap differences and not include the cost to make a trade with another team. The Sharks shouldn't be trading picks and shouldn't be trading prospects. The Sharks have no expendable roster player that another team would be interested in that would cover the cost of having said team take Kane on even at 50% because he is simply too toxic.

Best case scenario for everyone involved is that the league cancels the contract, plain and simple.
 

Nakawick

Minty Fresh
Apr 5, 2010
11,427
2,930
The Range
The Sharks will probably have to keep Kane until the NHL is done it’s investigation. I assume he would be ineligible to play until then.
 

Gecklund

Registered User
Jul 17, 2012
26,000
12,755
California
Evander Kane + retention + San Jose's 1st for Phil Kessel

Bury Kane out in the desert.
I wouldn’t give up Kane straight up for Kessel…. It’s either the investigation comes up negative at which case we get a PPG winger back or it comes up positive and we terminate his contract.
 

HugeInTheShire

You may not like me but, I'm Huge in the Shire
Mar 8, 2021
4,324
5,695
Alberta
I feel like somewhere right now Evander Kane is placing a bet on which team he ends up on...... Hope he's betting SJ, cuz I can't see anyone else taking a shot on him with this hanging over his head
 

McRpro

Cont. without supporting.
Aug 18, 2006
10,138
7,355
Clown World
I wouldn’t give up Kane straight up for Kessel…. It’s either the investigation comes up negative at which case we get a PPG winger back or it comes up positive and we terminate his contract.
Who is this PPG winger you're talking about?
 
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