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Old 01-28-2015, 11:42 AM   #698
Fighting Banana Slug
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Quote:
Originally Posted by Samuelsson View Post
We'd have to start very high when negotiating, and only go higher. The thing is, people would pay a lot just to get rid of $5m of cap space over say, only 2 years; so whatever the Kings offer has got to be relative; whatever a team would pay to get rid of that cap space over 2 years, you double it and add the original half. If they're not adding a legitimately exciting player or prospect along with a top pick-or-2, they can forget it.

What is it, $5m-odd per for the next 5 years? That's a hell of an anchor to carry.

Edit: forgot to mention that we'd be saddled with the recapture penalties as well (wouldn't we?). Return goes up.
I think the recapture penalty largely affects LA, not the acquiring team, depending on when he actually retires. It is essentially the (advantageous) difference of the money paid versus the cap number spread over the forfeited years of the contract.The recapture issue might be an argument that the return should be less than expected.
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