Quote:
Originally Posted by Locke
Why do people keep thinking that the risk to the Kings is low?
Resolute's post is a great example.
They filed to have the contract terminated and the League agreed. Theres likely going to be a grievance but if the Kings lose that grievance they've likely:
- Exceeded the cap illegally for the summer
- Missed the buyout window
- Missed the waiver window
- Missed opportunities to trade him
Those are some pretty serious consequences so I disagree that theres no risk for the Kings because it looks like if they lose their grievance they are likely stuck not only with Richards' cap hit and money but also a pretty disgruntled player on their main roster.
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I assume they did this because they couldn't get a trade for him that wouldn't hurt them significantly (no return of value and lots of salary retention). The waiver window matters not at all, no one's claiming the guy now. The buyout window assumes they were willing to go that route, but if so the downside there is worth about a million in real dollars I think? When is their next opportunity to buy him out?
Note that it wouldn't be impossible for them to lose, go back where they were before and then separately ask the NHL for some special dispensation allowing for a late buyout (or possibly the arbitrator would be willing to throw them a bone there).
Quote:
Originally Posted by Resolute 14
Maybe. I don't have any clue how the arbitration process would work this regard, but logic tells me that this should be a binary issue. Is the termination valid, or not? If not, status quo ante. At that point, the Kings would have to figure things out in a hurry.
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Nah, often the arbitrator can award whatever they want. But it really depends on what the rules of the proceedings are. Not saying you're wrong, but it seems unlikely to me.
Quote:
Originally Posted by cam_wmh
Arbitrator may, award them a new window, and perhaps reduce the cap penalties somewhat due to the short time frame they had available to trade Richards contract, AND to buy him out -- where were impacted in the immediate time-frame by his border crossing conundrum.
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Yup, could be. I think that would be pretty nice, but arbitrators, at least in commercial cases, are well known for trying to split the baby.