Speculation: Wild willing to facilitate trades

[Digitalbooya]

Conditional?
Who's reporting that?

 

[Lapa]

oh no i agree...it doesn't make sense but it doesn't look like it hurts us when i'd guess they are planning on releasing Pillar otherwise. unless it becomes some part of more moves and we flip 3 4th picks into a 3rd or something. the dollar amount/cap amount isn't that much.

Maybe this means we’re sellers on TDL. Which I’d be fine with, this team isn’t probably going to make much noise in the playoffs.

 

[SI90]

Smart asset management. Wish my team
Would

 

[Lapa]

More mid round picks coming up

 

[sisseton]

More mid round picks coming up

that was tweeted before he tweeted anything about the ROR trade so I am assuming it was referring to us being the third team in that deal.

 

[Buresflyingelbow]

For the price of $74,000 in cash and $557,000 in salary-cap retention (the prorated portion of the $1.875 million AAV value the Wild are retaining for O’Reilly), the Wild essentially bought themselves a fourth-round pick in 2025.

The Wild have a little less than $3 million in cap space left, which amounts to the ability to currently add approximately a $10 million player or a total of $10 million in multiple players. So even with Friday’s minimal salary-cap retention, the Wild still have the ability to add players if they want or further play the role of banker by being a third-party conduit. They could also add by acquiring lucrative contracts from cap-strapped teams for picks and prospects.

You make it confusing, they have 3 million in player Cap space and no need to do the prorated thing. Congratulations on taking advantage of the Cap space for assets, my Canucks currently have $7.6 million and it looks like Demko is done so $12.6 and I hope we do the same thing.

 

[uncleben]

Hmm...
Neither team reported that
No Toronto beat writers/insiders reported that
No major outlet such as SN or TSN reported that
No major insiders such as Friedman reported that
CapFriendly didn't report that


I'll keep an eye peeled, but I think Russo may have been mistaken.
It certainly would be logical for the pick to upgrade if Pillar signs, but that's not actually legal anymore. They changed that rule about 2 years ago.
So any condition would have to be dependent on Pillar's individual success or Toronto's success as a team, but the signs just are not pointing to there being a condition

 

[Digitalbooya]

Hmm...
Neither team reported that
No Toronto beat writers/insiders reported that
No major outlet such as SN or TSN reported that
No major insiders such as Friedman reported that
CapFriendly didn't report that


I'll keep an eye peeled, but I think Russo may have been mistaken.
It certainly would be logical for the pick to upgrade if Pillar signs, but that's not actually legal anymore. They changed that rule about 2 years ago.
So any condition would have to be dependent on Pillar's individual success or Toronto's success as a team, but the signs just are not pointing to there being a condition

Pillar doesn't have a contract so I think some Wild fans are thinking that rule doesn't apply.

 

[sisseton]

You make it confusing, they have 3 million in player Cap space and no need to do the prorated thing. Congratulations on taking advantage of the Cap space for assets, my Canucks currently have $7.6 million and it looks like Demko is done so $12.6 and I hope we do the same thing.

I am confused on that too and was just quoting what I read in an article.

 

[BleedBlue14]

Does seem odd that they essentially paid $75,000 to get a redo on their 21 4th

 

[Lapa]

that was tweeted before he tweeted anything about the ROR trade so I am assuming it was referring to us being the third team in that deal.

Damn, my bad. Twitter timeline is stupid sometimes.

 

[uncleben]

Pillar doesn't have a contract so I think some Wild fans are thinking that rule doesn't apply.

Yeaaah, don't think it works like that.

Either way, Russo tweeted that out before the deal was formally announced.
Now both teams (all three teams, even), and the League have announced the trade with all other details, and not even one of them mentioned it being conditional.
No additional information from any insider either.

 

[rynryn]

Does seem odd that they essentially paid $75,000 to get a redo on their 21 4th

for the owner it has to be like buying a scratch off. technically bad investment unlikely to pay off but you're not going to miss those $2 and you'll have a couple moments of fun just thinking about another Kaprizov or something.

Damn, my bad. Twitter timeline is stupid sometimes.

i did the same thing.

 

[mouser]

we paid 1m for a 4th essentially. and we'll do it again.

Minnesota paid $75k for a 4th. Albeit in 2025.

 

[Leafs87]

we retain 25% of the cap hit which is 557K I misread and thought he was saying 25% of 557K

They also gave up a former 4th round drafted prospect. I don’t see how this was worth 1/3 retention slots.

 

[mouser]

I'll keep an eye peeled, but I think Russo may have been mistaken.
It certainly would be logical for the pick to upgrade if Pillar signs, but that's not actually legal anymore. They changed that rule about 2 years ago.
So any condition would have to be dependent on Pillar's individual success or Toronto's success as a team, but the signs just are not pointing to there being a condition

The new 2020 rule only applies if the player is signed to a NHL contract at the time of the trade.

Conditional picks for players like Pillar who has never signed a contract or RFAs whose contracts have expired are still allowed.

 

[Djp]

I guess I’m uneducated towards the situation but where did the wild get 16 million in Cap space? Obviously Kaprizov would be out along with who else?

The $16M is in reference to full season salary of players they coukd eat

if you look at a team on cap friendly and see they have $4M in cap space and it’s 25% of time left thrn you have $16M in space based on full annual salary

eating an $8M sakary at 35% is $2M which thrn counts against that $16M

the day to day cap summation coukd be different than the current cap hit you see on cap friendly.

 

[Djp]

Seems hardly worth it for MN to facilitate a trade involving a division rival for a 2025 4th.

ROR salary is $1M in real dollars this year sfter bonus paid.

say 25% of the season left and retaining 25% on that is 1/16 of the salary which is about $70,000 in real dollars. Getting a 4 th for just $70K is a good deal.

$70K based on past estimates of real salary retention is more like a 6th or 7th.

about $500K in real salary is a 2nd based on historical data

if $70K gets a 4 th and Kane makes about 3x actual season salary would mean it should costa 2nd to do a pass thru retention on him because his cost would be around $200K in 3rd team sakary paid st 25% pass thru

 

[Buresflyingelbow]

The $16M is in reference to full season salary of players they coukd eat

if you look at a team on cap friendly and see they have $4M in cap space and it’s 25% of time left thrn you have $16M in space based on full annual salary

eating an $8M sakary at 35% is $2M which thrn counts against that $16M

the day to day cap summation coukd be different than the current cap hit you see on cap friendly.

Who isn’t aware of this though as a Hockey fan? I’m a Canucks fan and we have $7.6 million in space but I’m not going to say we have $30 million in space? If Demko goes on LTIR and it looks like he will be we will have $12.6 million in space, not $50 million.

 

[Phion Keneuf]

They also gave up a former 4th round drafted prospect. I don’t see how this was worth 1/3 retention slots.

Look at his stats, he’s dust. Negative value if anything. They retained some moolah and get to remake that 4th round pick.

 

[JKG33]

It's not about the $75000, and it's not about the 4th rd pick. It's about relationships. Now Billy G has two GMs that owe him one. That's where the value is

 

[Vitto79]

Keeps ROR away from CO?

 

[ozzie]

This type of deal might be the only way E65 ends up on the Oilers or a contender.

 

[Trafalgar Sadge Law]

Is Billy trying to make the NHL record he set for dead cap with the Parise/Suter buyouts even more unbreakable or something?

 

[Vitto79]

This type of deal might be the only way E65 ends up on the Oilers or a contender.

No one’s going to double retain 4 yrs