[News] Brad Richards bought out by NYR

[Jacks]

Originally Posted by IgiTang

And no I dont want Richards at any amount. Guy is being paid out to go away for a reason.

If it wasn't for the future cap recapture penalties would they have bought him out?

[IgiTang]

Originally Posted by Jacks

If it wasn't for the future cap recapture penalties would they have bought him out?

Perhaps not, but he would have been burried in their system over time. Same principal stands.

[Geeoff]

Brad Richards is about to be the richest player in the NHL when someone signs him to like 4.5 million dollar contract on top his buyout money.

[Rifleman]

Say what you want about his sucky playoffs but he woulda helped the Flames. He's still a 50 pt. player, and during the Iginla days, would've made a decent enough center. The Flames have been missing a consistent 50 pt. center since Langkow left.

That being said, the contract with the Flames, had he signed, would've handcuffed the team for a long time. He'd be overpaid by about $4M a year, but he'd still be our best center even today.

[irrevocable]

Originally Posted by Geeoff

Brad Richards is about to be the richest player in the NHL when someone signs him to like 4.5 million dollar contract on top his buyout money.

Yeah, I get sick thinking about that.

[Machiavelli]

Originally Posted by irrevocable

Yeah, I get sick thinking about that.

It makes little sense, basically being rewarded for underachieving.

These GMs have to be smarter.

[Huntingwhale]

There's some quality posts in that old Richards thread.

[dirk diggler]

how Sather keeps his job is beyond me............ STF appearance not withstanding.

[neo45]

Originally Posted by dirk diggler

how Sather keeps his job is beyond me............ STF appearance not withstanding.

He has signed some awful deals but somehow he came out smelling like roses for most of them. If the league didnt allow for compliance buyouts after both lockouts he would have ran the team into the ground

[FlamesAddiction]

Originally Posted by neo45

He has signed some awful deals but somehow he came out smelling like roses for most of them. If the league didnt allow for compliance buyouts after both lockouts he would have ran the team into the ground

Even then, I don't understand how the owners allow him to waste so much money.

[Roof-Daddy]

Yeah, these compliance buy outs have saved Sather's a$$.

Either he's a genius because he somehow knew they'd become available, or he's one lucky SOB.

You gotta think though, blowing that much money on buy outs must leave a sour taste in the owners mouth regardless, no? Or is that not a big deal to NYR owner?

[Hackey]

I don't think anyone no matter how rich is ok with just giving away that many millions.

[Hack&Lube]

Richards will receive two-thirds of the remaining money to be paid out over 12 years — a total of $12.6 million.

Richards will also be paid $8 million in signing bonuses over the next three seasons.

Get your money for nothin' get your chicks for free

We gotta install microwave ovens
Custom kitchen deliveries
We gotta move these refrigerators
We gotta move these colour TV's

[Hockey_Ninja]

Originally Posted by FlamesAddiction

It's interesting to go back and read what people were thinking at the time:

http://forum.calgarypuck.com/showthr...light=Richards

Jesus. All of that excitement. I was so pissed when he didn't sign, but looking back at it now, this image always pops in my head:

[Vulcan]

Sure we dodged a bullet but we didn't come away completely unscathed. IIRC the reason we traded Regehr was to get the cap room to sign Richards. Great plan there Feaster.

[Jacks]

Originally Posted by Geeoff

Brad Richards is about to be the richest player in the NHL when someone signs him to like 4.5 million dollar contract on top his buyout money.

He'll have to sign for a bunch to beat Lecavalier.

Lecavalier Buyout:
2013-14 $4,761,905
2014-15 $4,761,905
2015-16 $3,761,905
2016-17 $1,761,905
2017-18 $1,761,905
2018-19 $1,761,905
2019-20 $1,761,905
2020-21 $1,761,905
2021-22 $1,761,905
2022-23 $1,761,905
2023-24 $1,761,905
2024-25 $1,761,905
2025-26 $1,761,905
2026-27 $1,761,905

Lecavalier current contract:
2013-14 $6,000,000
2014-15 $6,000,000
2015-16 $4,500,000
2016-17 $3,000,000
2017-18 $3,000,000

Richards buyout:
2014-15 $3,055,556
2015-16 $3,055,556
2016-17 $5,055,556
2017-18 $1,055,556
2018-19 $1,055,556
2019-20 $1,055,556
2020-21 $1,055,556
2021-22 $1,055,556
2022-23 $1,055,556
2023-24 $1,055,556
2024-25 $1,055,556
2025-26 $1,055,556

[Geeoff]

Originally Posted by dirk diggler

how Sather keeps his job is beyond me............ STF appearance not withstanding.

He saves himself every year by making some sick trades. I'd hire Sather to be my GM but give him July 1st off every year.

[Geeoff]

Originally Posted by Jacks

He'll have to sign for a bunch to beat Lecavalier.

Lecavalier Buyout:
2013-14 $4,761,905
2014-15 $4,761,905
2015-16 $3,761,905
2016-17 $1,761,905
2017-18 $1,761,905
2018-19 $1,761,905
2019-20 $1,761,905
2020-21 $1,761,905
2021-22 $1,761,905
2022-23 $1,761,905
2023-24 $1,761,905
2024-25 $1,761,905
2025-26 $1,761,905
2026-27 $1,761,905

Lecavalier current contract:
2013-14 $6,000,000
2014-15 $6,000,000
2015-16 $4,500,000
2016-17 $3,000,000
2017-18 $3,000,000

Richards buyout:
2014-15 $3,055,556
2015-16 $3,055,556
2016-17 $5,055,556
2017-18 $1,055,556
2018-19 $1,055,556
2019-20 $1,055,556
2020-21 $1,055,556
2021-22 $1,055,556
2022-23 $1,055,556
2023-24 $1,055,556
2024-25 $1,055,556
2025-26 $1,055,556

That's pretty crazy. Bryzgalov must be doing alright too.

[guzzy]

Sather sucks so bad.

[Hackey]

Originally Posted by Geeoff

He saves himself every year by making some sick trades. I'd hire Sather to be my GM but give him July 1st off every year.

Being able to flip Gomez for anything was a miracle let alone landing McDonagh.