07-19-2019, 05:31 PM
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#752
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by Scroopy Noopers
When others have labeled Lucic’s contract as “buy out proof”, this is what they mean:
If he is bought out next summer, his cap hits are:
20/21: $5,500,000
21/22: $4,000,000
22/23: $5,500,000
2023 through to end of 2026: $500,000
Bought out summer 2021:
21/22: $4,083,333
22/23: $5,583,333
2023 through to end of 2025: $583,333
Bought out summer 2022:
22/23: $5,333,333
23/24: $333,333
So, as you can see, a Lucic buyout offers negligible cap savings for his contract years.
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What was Chiarelli thinking when he made that deal? I think the Canucks were the other team interested in Lucic at the time but considering the player lost a step already at that time he should have been thinking about making the contract up so the last few years were somewhat buyout friendly.
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