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Old 02-26-2015, 04:25 PM   #41
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Really impressed with what TO has been able to accomplish so far.
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Old 02-26-2015, 04:25 PM   #42
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Not that hard to understand why Columbus would do it. They would probably rather pay Clarkson $5.25M to actually play games for them than pay Horton however much to sit on LTIR forever.
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Old 02-26-2015, 04:25 PM   #43
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I don't think your math is right.

Clarkson = $5MM ish
Horton = $6MM ish

Net benefit to TO if Horton is on LTIR = $11MM.

Obviously I don't know the exact salaries.
You're just adding the salaries together. The cap benefit is a nullification of Clarkson's salary. -5.5ish for Clarkson. +6 for Horton, -6 for LTIR. Gain of 5.5
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Old 02-26-2015, 04:26 PM   #44
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FWIW I am being told that the Flames were in on Horton. That is why they were looking at moving out Stajan and Raymond.
Why would we do this? Are we trying to save cap space? Weird thing for us to do.
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Old 02-26-2015, 04:26 PM   #45
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Leafs have way too much money.

Great trade for both sides though.

Last edited by Jacks; 02-26-2015 at 04:28 PM.
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Old 02-26-2015, 04:26 PM   #46
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Wow interesting. If I was CBJ id much rather have Stajan and/or Raymond than Clarkson.
yup but the Flames wanted another asset out of it.
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Old 02-26-2015, 04:26 PM   #47
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Quote:
Originally Posted by IliketoPuck View Post
I don't think your math is right.

Clarkson = $5MM ish
Horton = $6MM ish

Net benefit to TO if Horton is on LTIR = $11MM.

Obviously I don't know the exact salaries.
It's not a net benefit to them of $11 MM.

Clarkson's cap hit goes away, but they are taking on Horton's Cap hit of $6MM. However they get cap relief equal to his salary, so essentially his cap hit is 0.

So it works like this
Clarkson's AAV Removed: -$5 mm
Horton's AAV Added: + $6 mm
LTIR Cap Relief: - $6 mm

Net benefit to the Leafs = $5 MM or Clarkson's cap hit.

Basically Columbus is paying less overall, and gets a guy who can actually play, and Toronto buys themselves some cap space.
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Old 02-26-2015, 04:26 PM   #48
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I'm honestly flabbergasted, what reason did Columbus have to do this? With Horton at least you could just put him on LTIR..
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Old 02-26-2015, 04:27 PM   #49
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I wonder if it's due to perhaps Horton's contract wasn't insured, and the Blue Jackets were having to pay it full pop. At least they get a serviceable player back?

And Toronto of course prints money, so as long as it doesn't hit their cap, they come out ahead.
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Old 02-26-2015, 04:27 PM   #50
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I'm honestly flabbergasted, what reason did Columbus have to do this? With Horton at least you could just put him on LTIR..
Because Columbus is not a market that can be paying 6 million for nothing like the Leafs can. If those dollars are being eaten, they need something for it.
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Old 02-26-2015, 04:28 PM   #51
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why would Columbus do this
The Jackets can't afford to pay someone $6 million per season to not play. While Clarkson is overpaid he can still contribute to the team.

The trade makes sense for both sides if Horton never returns.
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Old 02-26-2015, 04:28 PM   #52
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double post. my bad
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Old 02-26-2015, 04:29 PM   #53
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FWIW I am being told that the Flames were in on Horton. That is why they were looking at moving out Stajan and Raymond.
That doesn't make this any less confusing.

Flames looking at moving out Raymond and Stajan to make room to take on Horton? If true we are a very strange org.
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Old 02-26-2015, 04:29 PM   #54
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music to my bleeding ears, never thought I'd see the day we would be able to unload that horrendous contract
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Old 02-26-2015, 04:29 PM   #55
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Hortons contract wasn't insured. They were paying him to sit.
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Old 02-26-2015, 04:30 PM   #56
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Double post
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Old 02-26-2015, 04:30 PM   #57
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The Jackets can't afford to pay someone $6 million per season to not play. While Clarkson is overpaid he can still contribute to the team.
And Horton's contract will hurt the Leafs at the start of the season as his cap hit is applied against the salary cap until he can be put on LTIR (same as Pronger). They can't just go out and sign another player because of the cap implications, which is why Philly and Boston have so much cap trouble at the start of each season.
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Old 02-26-2015, 04:30 PM   #58
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LTIR isn't cap limiting.

It allows the team to exceed the cap by the amount of salary paid to the player on LTIR.
It's extremely limiting.

It counts in the summer (since they are not LTIR), but teams are allowed to go over the cap during that certain period. Still can cause contract issues.

Teams exceeding the cap because of LTIR do not bank cap space throughout the year either. A team entering the season with a million dollar cap space could take on a much larger contract at the trade deadline because they have banked the cap space. Teams utilizing LTIR (assuming the entire year) don't get that.

Still would never work out to be an 11M swing..
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Old 02-26-2015, 04:31 PM   #59
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Cap on salary (an internal one I mean)? I mean if they can't spend the LTIR space they get from Horton they may as well get someone that can actually play... that's the only thing that makes sense.
They still have to pay Clarkson $5.25 million every year.

And really, Clarkson isn't much of an NHLer.
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Old 02-26-2015, 04:31 PM   #60
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That doesn't make this any less confusing.

Flames looking at moving out Raymond and Stajan to make room to take on Horton? If true we are a very strange org.
Why? I think it would have been a smart move. Move out to overpaid players in Raymond and Stajan, take a contract that will provide cap relief because of LTIR, go out and use that extra cap space for someone good.
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