2018 Trade Rumors (Deadline Day talk starts page 103)

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Re: 2018 Trade Rumors Section

Postby RentedMule66 on Fri Feb 23, 2018 6:15 pm

FLPensFan wrote:
RentedMule66 wrote:Question: Are we allowed to make a trade where we go over the cap, then make another trade to get under the cap? Just wondering if we're allowed to be over the cap for "X" amount of time, then make a trade, send someone to the minors, etc. to get under the cap.

I'd have to look it up. I THINK you may be able to do that, but not certain. I know 5pm is the end of the day, as they use that for calculating pay per day of players. So my guess is that as long as you were compliant by 5pm Eastern, you would be ok.

Not certain though.


Thanks....that would make sense.
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Re: 2018 Trade Rumors Section

Postby itissteeltime on Fri Feb 23, 2018 6:16 pm

EK suggests Cole to Phi
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Re: 2018 Trade Rumors Section

Postby penny lane on Fri Feb 23, 2018 6:16 pm

So Brassard cannot play until all official. Might not be in FLA.
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:17 pm

itissteeltime wrote:EK suggests Cole to Phi


So its a 4 team trade? McKenzie is saying Vegas.
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Re: 2018 Trade Rumors Section

Postby joker10277 on Fri Feb 23, 2018 6:17 pm

Wow so what are they sending to Vegas?
Also Reaves isn’t going anywhere Sid loves him!
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Re: 2018 Trade Rumors Section

Postby itissteeltime on Fri Feb 23, 2018 6:19 pm

I wonder if Cole goes to Vegas, and they retain the salary on Brassard.
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Re: 2018 Trade Rumors Section

Postby brwi on Fri Feb 23, 2018 6:19 pm

lemieuxReturns wrote:
All so that Ottawa does not have to retain salary? The Senators are the Pirates of the NHL.


More like what the Marlins have done more than a couple of times.
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:19 pm

joker10277 wrote:Wow so what are they sending to Vegas?
Also Reaves isn’t going anywhere Sid loves him!


Armstrong. Talbot. MAF.
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Re: 2018 Trade Rumors Section

Postby blurryhaze312 on Fri Feb 23, 2018 6:20 pm

What if Cole is the payment to Vegas for salary retention?
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:24 pm

blurryhaze312 wrote:What if Cole is the payment to Vegas for salary retention?


That is exactly what it looks like from my point of view. Maybe the 1st and Gus was enough for Brassard, but in order for retention Ottawa had to get Vegas in involved.
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Re: 2018 Trade Rumors Section

Postby joker10277 on Fri Feb 23, 2018 6:25 pm

lemieuxReturns wrote:
joker10277 wrote:Wow so what are they sending to Vegas?
Also Reaves isn’t going anywhere Sid loves him!


Armstrong. Talbot. MAF.


They’re not trading him, they’ll probably resign him.
Sorry for the bad news.
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Re: 2018 Trade Rumors Section

Postby DelPen on Fri Feb 23, 2018 6:33 pm

Cole ending up in Vegas would be great for everyone.
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:41 pm

DelPen wrote:Cole ending up in Vegas would be great for everyone.


Or back with us would be even better.
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Re: 2018 Trade Rumors Section

Postby thehockeyguru on Fri Feb 23, 2018 6:42 pm

lemieuxReturns wrote:Don't know if this is the real McKenzie

"PIT-OTT deal involving Brassard is ultra-complicated, so much so that Brassard will likely first be traded to a team other than PIT. Then flipped to PIT. Hearing that third team is likely VGK. Potential for layers of salary retention."


Vegas must feel guilty that they took a 2nd from us to take Fleury, that they are gonna retain some of Brassards salary....
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Re: 2018 Trade Rumors Section

Postby itissteeltime on Fri Feb 23, 2018 6:42 pm

I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.
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Re: 2018 Trade Rumors Section

Postby RentedMule66 on Fri Feb 23, 2018 6:44 pm

itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.


I'm no math whiz, but if 2 teams are retaining 50%, that would leave nothing for us to pay....maybe we get him for free?? :D :fist:
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Re: 2018 Trade Rumors Section

Postby itissteeltime on Fri Feb 23, 2018 6:45 pm

RentedMule66 wrote:
itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.


I'm no math whiz, but if 2 teams are retaining 50%, that would leave nothing for us to pay....maybe we get him for free?? :D :fist:


5M hit * 50% = 2.5M hit * 50% = 1.25M cap hit.
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Re: 2018 Trade Rumors Section

Postby RentedMule66 on Fri Feb 23, 2018 6:46 pm

itissteeltime wrote:
RentedMule66 wrote:
itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.


I'm no math whiz, but if 2 teams are retaining 50%, that would leave nothing for us to pay....maybe we get him for free?? :D :fist:


5M hit * 50% = 2.5M hit * 50% = 1.25M cap hit.


Well you certainly put a monkey wrench into my "free" theory! LOL
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:48 pm

ok so I found this:

What is a retained salary transaction/trade
When a team trades a player, they have the option to retain a part of their salary (and cap hit). The team who retains the salary then pays the retained percentage of the salary, and also retains the percentage of the cap hit until the contract expires. The following requirements must be met to retain salary:
The percentage retained cannot exceed 50 percent of the player’s salary (including all bonuses) and Salary Cap Hit.
The same percentage must be retained for both the player’s salary and Salary Cap Hit, and cannot be modified.
All teams are limited to a maximum of 3 retained salary contracts per season.
Teams cannot retain an aggregate amount of more than 15 percent of the Salary Cap Upper Limit.
Players’ contracts are limited to 2 retained salary transactions per contract.
Once a retained salary transcation has occured, there are various limitations, such as:
A team cannot reacquire a player whom they have retained salary from for a minimum of one year after the date of the transaction, or unless the player's contract expires or is terminated prior to the one-year date.
All teams involved in a retained salary transaction will have cap implications if the contract is bought out or terminated.
Teams who retain salary on a players contract, will have the full value of the cap hit act against the teams salary cap total, regardless of whether the player is reassigned to the minors by their current team.




Basically the idea that we trade Cole, some team retains, and then the Penguins get him back is out of the question.

As far as the idea that multiple teams retain salary on Brassard, it looks like it is possible but the total retained can not be more that 15% of the salary cap upper limit and no more than 2 teams can retain salary?
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:49 pm

RentedMule66 wrote:
itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.


I'm no math whiz, but if 2 teams are retaining 50%, that would leave nothing for us to pay....maybe we get him for free?? :D :fist:



At least you prefaced with "I'm no math whiz". LOL
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Re: 2018 Trade Rumors Section

Postby itissteeltime on Fri Feb 23, 2018 6:49 pm

Brian Lawton

@brianlawton9
Here are some of the other pertinent facts although my guess is @Senators are actually retaining 0 or close to it as that is why they involved @GoldenKnights and give up an asset. https://twitter.com/CapFriendly/status/ ... 7002557440
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Re: 2018 Trade Rumors Section

Postby wondermoose on Fri Feb 23, 2018 6:50 pm

I guess this also snuffs out any possible reunion with Cullen.
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Re: 2018 Trade Rumors Section

Postby longtimefan on Fri Feb 23, 2018 6:50 pm

itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.



If that were true, which I'm certain it is not, GMJR should be immediately enshrined in the HOF. That would be $2.5 retained by Ottawa, and $1.25 retained by Vegas. The Pens would have a cap hit of $1.25M. lol I don't even know if that's allowed.
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Re: 2018 Trade Rumors Section

Postby RentedMule66 on Fri Feb 23, 2018 6:51 pm

lemieuxReturns wrote:
RentedMule66 wrote:
itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.


I'm no math whiz, but if 2 teams are retaining 50%, that would leave nothing for us to pay....maybe we get him for free?? :D :fist:



At least you prefaced with "I'm no math whiz". LOL


hahaha....If it was stated that Ott retains 50% and Vegas retains 25%, that would have been more clear for me. :wink:
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Re: 2018 Trade Rumors Section

Postby lemieuxReturns on Fri Feb 23, 2018 6:52 pm

longtimefan wrote:
itissteeltime wrote:I'm seeing talk in multiple places of OTT retaining 50%, and Vegas retaining 50%, and we get Brassard for something like 1.5M cap hit. Nobody near official saying that, but wow would that be something.



If that were true, which I'm certain it is not, GMJR should be immediately enshrined in the HOF. That would be $2.5 retained by Ottawa, and $1.25 retained by Vegas. The Pens would have a cap hit of $1.25M. lol I don't even know if that's allowed.


From what I am interpreting, Yes it is allowed.
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