Quote:
Originally Posted by powderjunkie
No, it's dead real money, too.
A Neal BO would have cost $15.3M and given an 8 year cap it of 1.915. So that's $15.3M for 15.3M against your cap (at a somewhat palateable 1.9M over 8 years). But you still need to fill a roster spot, so the cap impact is really 2.6 for those first 4 years where the player would otherwise be on your roster. $18M total cap impact/8years.
Lucic was owed $19M total salary for the 4 years. The Oilers will pay $3M of that. So that Flames are on the hook for a similar $16M as a Neal buyout.
As it's played out, Lucic's probably been at least a 3M+ player these last 2 years, and should be a 2M+ for the last 2 years, so in the grand scheme Flames are overpaying by ~$6M cash, and around 2.75, 2.75, 3.75, 3.75 in 'dead' cap space (~13M cap impact over 4 years). And a 3rd round pick. And our rival has 750k dead cap.
The trade has turned out better from both a cash and cap perspective. Admittedly, I didn't like the trade at the time, albeit for several other reasons, and I'll gladly eat crow that it has worked out in our favour.
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I agree the Lucic trade is much better than a buyout. Treliving asked the owners for a buyout (although unlikely the Lucic trade was on the table at the time).
When you are a cap team, the real dollars are going to roughly be the same, whether you have dead money or not. Forgetting about timing of salary payments your player costs are roughly set. It's all about managing value for your cap which in most clubs, is under the GM's purview.