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Old 07-12-2025, 08:12 PM   #1186
Finger Cookin
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We should have traded Andersson for bitcoin when he was 23. Hopefully it would be OK to trade him in in the season when he turns 23, not before he turns 23. Because that's two different scenarios:

Rasmus turned 23 on Oct 27, 2019. So if we trade him going into his 23 year old season, we are trading a 22 year old coming off a season when he put up 41 points in 56 games with Stockton, but no points in 10 NHL games. Rasmus was on his ELC still at this point, with two seasons left at a cap hit of $755,833.

If we traded Rasmus after the season he turned 23, we are looking at trading him after the 19-20 season. On the final year of his ELC, Rasmus became a fulltime NHLer, playing 79 games and putting up 2 goals and 19 points. It was in January 8, 2020 of this season that we signed Rasmus to his about to expire 6 year, $4.55M AAV deal. So have to consider whether we would get maximum value for him with that cost certainty in place or not.

Bitcoin traded at ~ $9550 USD per bitcoin in October 2019. Or 79.145 bitcoins per Rasmus.

Bitcoin traded at ~ $7660 USD per bitcoin in January 2020. That's an even better rate of 98.672 bitcoins per Rasmus. But becomes a much different 593.995 bitcoins per Rasmus when the extension kicks in.

And we all know what happened to the price of bitcoin in the pandemic.

Solve for maximized asset.

Last edited by Finger Cookin; 07-12-2025 at 08:27 PM.
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