Speculation: Weber's Contract

[Habs Halifax]

It might actually be more depending on how much is insured

A great point but it won't matter too much after next season when it drops to $1M actual for 3 years. I believe next season is $3M.

 

[Habs Halifax]

But Weber's contract may put the Canadiens at risk of topping the post-season 90M overage if Price requires LTIRing, and don't even forget Gallagher.

Not many people understand this part

 

[Gaylord Q Tinkledink]

The Coyotes received some asset(s) in all 3 trades where they acquired a star player's contract:

Pronger = dumped Gagner contract and received Nicolas Grossman
Datsyuk = moved up 4 spots in the first round in order to draft Jakob Chychrun
Hossa = received young players Hinostroza and Oesterle

Arizona also dealt a 2nd to Detroit in the Datsyuk deal.

 

[Heldig]

Arizona also dealt a 2nd to Detroit in the Datsyuk deal.

Yes, the deal was Datsyuk's contract and the 16th overall for the 20th pick and 53rd pick in the draft, and forward Joe Vitale (a player on LTIR).

My point stands, Habs are not getting paid to dump that huge contract. They wil have to tie an actual asset to it.

 

[Big Empty]

But Weber's contract may put the Canadiens at risk of topping the post-season 90M overage if Price requires LTIRing, and don't even forget Gallagher.

How did Tampa go to 98M then?

 

[MXD]

How did Tampa go to 98M then?

I can't possibly know how they did something they didn't do.

 

[Big Empty]

I can't possibly know how they did something they didn't do.

I didn’t know you missed the playoffs last year.

Here’s some reading so you can educate yourself: Lightning benefit from exploiting cap loophole with Kucherov

 

[GAGLine]

I can't possibly know how they did something they didn't do.

 

[MXD]

View attachment 513029

That isn't or wasn't in the offseason.

 

[MXD]

I didn’t know you missed the playoffs last year.

Here’s some reading so you can educate yourself: Lightning benefit from exploiting cap loophole with Kucherov

That wasn't in the offseason.

 

[GAGLine]

That wasn't in the offseason.

In your original post, you said post-season, not offseason.

 

[MXD]

In your original post, you said post-season, not offseason.

... yeah, my bad. Edited post, stupid typo/mistake. Knew the rule and term.

 

[Captain97]

I wonder if it ends up involving an overpaid player coming back on a short term deal. Like with Tyler Johnson and Brent Seabrook.

 

[mundyc3]

Weber Contract for Dadonov. Vegas buys at the deadline with the LTIR relief, offloads Webers contract in the off-season to a team that needs to stay above the floor.

 

[Prairie Habs]

Yes, the deal was Datsyuk's contract and the 16th overall for the 20th pick and 53rd pick in the draft, and forward Joe Vitale (a player on LTIR).

My point stands, Habs are not getting paid to dump that huge contract. They wil have to tie an actual asset to it.

16 for 20 and 53 is pretty even on its own, so I'm not sure why you think this is some huge cost.

If a trade like Weber + CGY 1st (~24) for CAR 1st (~30) + Van 2nd (~50) happens then it would be pretty similar.

 

[mouser]

It actually could benefit them in a couple years if they are competing and fall under that strange loophole where his LTIR helps circumvent the cap. I see Weber retiring in 2 years and taking a role in player development with the Habs. He is the ultimate team captain.

It doesn't work that way. Weber on LTIR is reducing Montreal's cap space, not increasing it.

 

[mouser]

I wish people would explain this. Why would he retire and give away free money?

Weber can't take a NHL job so long as he's under contract.

If he's interested in a front office job, a la Luongo, he's going to have to wait 4 more years unless he retires earlier. Montreal would very much like to see Weber retire in the summer of 2023 after their cap recapture penalty expires. Weber will be owed only $3m over three years at that time. If Weber wants to take a job with Montreal or any other team it would be a good time for him to retire in 2023.

 

[beowulf]

I mean if he is not coming back and a team like Arizona or Ottawa or whomever wants to add his cap hit to make sure they reach the cap floor then sure give the Habs a pick and we have a deal.

 

[hbk]

16 for 20 and 53 is pretty even on its own, so I'm not sure why you think this is some huge cost.

If a trade like Weber + CGY 1st (~24) for CAR 1st (~30) + Van 2nd (~50) happens then it would be pretty similar.

The key in the Datsyuk deal with AZ was where AZ had Chychrun on their draft list. They debated about taking him at 7 that year when they took Keller. So it may just look like its a fair price to pay to move from pick 20 to 16 but you need to look at who was drafted. AZ really wanted Chychrun.

 

[mouser]

Many billlionaires post on HF so for them 1m$ is chump change.

I’m curious what is going rate for a team to take on 6m$ salary from previous ltir deals? What kind of picks are the Habs looking to add?

$6m in actual salary (I'm assuming insurance is not covering his contract) and 4x $7.8m cap hit.

Going rate to dump that contract should be somewhere around a 1st + 2nd/3rd pick worth of value.

 

[beowulf]

Weber can't take a NHL job so long as he's under contract.

If he's interested in a front office job, a la Luongo, he's going to have to wait 4 more years unless he retires earlier. Montreal would very much like to see Weber retire in the summer of 2023 after their cap recapture penalty expires. Weber will be owed only $3m over three years at that time. If Weber wants to take a job with Montreal or any other team it would be a good time for him to retire in 2023.

Didn't Pronger manage to get a job while on LTIR? In the department of player safety Chris Pronger hired to work in NHL department of player safety I don't remember if he later retired before the job actually started or what.

 

[beowulf]

$6m in actual salary (I'm assuming insurance is not covering his contract) and 4x $7.8m cap hit.

Going rate to dump that contract should be somewhere around a 1st + 2nd/3rd pick worth of value.

Ya Habs are not paying to give up that contract.

 

[mouser]

Weber’s cap hit will never eat into our 81.5M again.

As long as Weber is on LTIR with Montreal he will cause Montreal to have less then $81.5m or whatever the cap is at the time. There are two reasons for this:

a) Teams never get 100% of possible LTIR relief, some portion is lost.

b) All earned Performance Bonuses are carried over as dead cap for the next season. For example, Montreal's cap space for 2022-23 will be reduced by somewhere around $1m due to performance bonuses earned by Suzuki/Romanov/Caufield this season.

 

[Weltschmerz]

Didn't Pronger manage to get a job while on LTIR? In the department of player safety Chris Pronger hired to work in NHL department of player safety I don't remember if he later retired before the job actually started or what.

His contract was traded to Arizona after that, he didn't retire.

 

[mouser]

Didn't Pronger manage to get a job while on LTIR? In the department of player safety Chris Pronger hired to work in NHL department of player safety I don't remember if he later retired before the job actually started or what.

Pronger required a special one time CBA exemption agreed to by the NHL and Players Union. Plus in that case they only allowed Pronger to work for the NHL league office, not one of the individual Teams.

The NHL would not agree to an exception allowing an injured player to work for a Team.