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Old 10-20-2021, 06:05 PM   #348
timun
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Join Date: May 2012
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Quote:
Originally Posted by GioforPM View Post
Not that SJ shouldn’t eat that contract, but to me forging a vaccine passport is worse than what Richards was accused (and later had the charges dropped) of.
Quote:
Originally Posted by Erick Estrada View Post
That Kings situation was an outlier. Either there's more to it than we know of or the league did them a solid there. I doubt we will see something like that again when a team can get out of a bad contract for something as minor as that arrest.
Quote:
Originally Posted by GioforPM View Post
I’m no Richards fan but the Kings sure got a break.
Quote:
Originally Posted by Locke View Post
My heart bleeds for them.
Ehhh, the Kings had to reach a settlement with Richards—in cooperation with the League and PA—to pay him out, and it wasn't/isn't some magic bullet that solved all their problems.



They're still dragging around a few hundred grand a year in dead cap space for the next decade.

EDIT: By contrast, if the Sharks just conventionally buy Kane out, they'll save $14.667M over this season and the next three, and get dinged with a $1.833M cap hit from 2025-26 to 2028-29. Overall it'll save them $7.33M in cap space over the next eight years. Richards', if conventionally bought out, would have saved the Kings that same $7.33M in cap space spread over 10 years instead. The settlement saves them $11.65M over 17 years.

Last edited by timun; 10-20-2021 at 06:21 PM.
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