View Single Post
Old 07-19-2019, 04:32 PM   #755
Jason14h
Franchise Player
 
Join Date: Oct 2005
Exp:
Default

Quote:
Originally Posted by Scroopy Noopers View Post
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.
Flames owners weren't writing a 15 million dollar check to buyout Neal, so it doesn't matter to them.

The questions is do you help Edmonton with a potential buy out next year to save 7 million in real cash.

(Assuming both players are still useless next year which I essentially think they will be)
Jason14h is offline   Reply With Quote