Very nice.
I was so sure that Dermott would cost more than Holl that I had already kissed Dermott goodbye.....but now that Dermott's cheaper it's definitely Holl that gets exposed.
Important to note that the leafs needed to sign another exposable dman if they wanted to protect 4 dmen, so now that "expose 1 dman" criteria is filled by Holl if we decide to protect 4D, which I think we obviously will now.
So our exposures will be:
Tempting:
Kerfoot (27): $3.5m x 2yrs caphit, $1.725m x 2yrs real dollars, UFA at expiry
Holl (29): $2.0m x 2yrs caphit, $2.0m x 2yrs real dollars, UFA at expiry
Engvall (25): $1.25m x 1yrs caphit, $1.25m x 1yrs real dollars, RFA x 2yrs at expiry
Not so tempting:
Simmonds (33): $0.9m x 2yrs caphit, $0.9m x 2yrs real dollars, UFA at expiry
Spezza (38): $0.75m x 1yrs caphit, $0.75m x 1yrs real dollars, UFA at expiry
Hutchinson (31): $0.725 x 1yrs caphit, $0.75m x 1yrs real dollars, UFA at expire
So Kerfoot is actually cheaper than Holl for Seattle in terms of real dollars, but has $1.5m higher caphit - which may or may not be more attractive for Seattle.