[News] Wild buying out Parise and Suter

[The Cobra]

Originally Posted by browntrout

Wow..that a huge buyout cap per year. Shocked they were not put on LTIR, maybe the NHL is finally clamping down on this

Put on LTIR for 4 years when you are not injured? A player also needs to agree to it. Plus of the player is even partially insured, the insurance company needs to sign off on it.

Say what you will about Kucherov, he was injured and had major surgery.

[CorsiHockeyLeague]

Look, not everyone can become debilitatingly allergic to their equipment.

[Derek Sutton]

Originally Posted by Robbob

Those 6M and 7M dead cap years in a couple years will be tough. Cap might be going up by then, so there is a silver lining. Also get to keep Dumba, which I think is the goal here.

14 million in dead cap space for three seasons!! Unbelievable.

[GordonBlue]

Originally Posted by getbak

Yikes, those are some awful buyout numbers.

It buys them almost $10 million in cap space next season, but then it's virtually full-value of the cap hits for the three seasons after next.

I guess they'll be going all-in next season.


This should allow them to protect Dumba in the expansion draft.

"In 2022-23 the two players will count for almost $13 million against the cap. In both the 2023-24 and 2024-25 seasons, the two players will leave the Wild with a cap charge of $14.7 million. "

that's just crazy to imagine that hit. going to be interesting to see what their plan is.

[Reggie Dunlop]

Uncle Gary's old number 20 is available....

[Erick Estrada]

Originally Posted by CorsiHockeyLeague

Look, not everyone can become debilitatingly allergic to their equipment.

Hossa actually had eczema for years. It only became unbearable the moment he was only set to take home $1 million a season for the remainder of his contract but at least the Hawks and Hossa had a bit of medical history for their charade. You have to have the player willing to not play again and some sort of documented condition you can hang your hat on.

[CorsiHockeyLeague]

Yep. And by the time you're in your 15th year of playing hockey professionally, just about everyone has something chronically wrong with them that they "just can't play through anymore". I was being sarcastic. It's mostly about everyone being on the same page.

[Scroopy Noopers]

Originally Posted by GordonBlue

"In 2022-23 the two players will count for almost $13 million against the cap. In both the 2023-24 and 2024-25 seasons, the two players will leave the Wild with a cap charge of $14.7 million. "

that's just crazy to imagine that hit. going to be interesting to see what their plan is.

Might as well trade everything and hope for Wright or Bedard.

[MrMike]

Originally Posted by browntrout

Wow..that a huge buyout cap per year. Shocked they were not put on LTIR, maybe the NHL is finally clamping down on this

Players wouldn’t agree to it. Now they get bought out and get to go sign new contracts and make more money while still playing the game they love.

[stemit14]

There has to be something more to this. Bill Guerin has to be able to say he did all this to at least acquire eichel at the end of the day. Smart money has to be on them acquiring him. If they did all this only to re-sign Kaprisov, it will probably be the dumbest buy-out move in NHL history.

To Buffalo:
1st round pick
Marco Rossi
Matthew Boldi
Matt Dumba

To Minnesota:
Jack Eichel


Sent from my iPhone using Tapatalk

[powderjunkie]

The Wild were looking at recapture penalties no matter what.

If they retired after this season, they'd have to pay the $6M salaries this year, and then cap hits of:

7.538 (this year)
6.205 (+750k)
6.205 (+750k)
6.205 (+750k)
=26.15M (28.40) [$6M cash]

If they retired after the following season (due $2M salary that year):

7.538
7.538
6.538 (+750k)
6.538 (+750k)
=28.15M (29.65) [$8M cash]

Current scenario:
2.372 (+750k)
6.372 (+750k)
7.372 (+750k)
7.372 (+750k)
0.833
0.833
0.833
0.833
=26.82 (29.82) [$6.6M cash]

I'm not sure what the buyout would have meant after this year, but you'd have to factor in the ED implications. The $750k is for the replacement player if their not on the roster.

Basically all of the options are terrible...this at least solves the ED and moves the most painful years to Zuc's last year and after. Zuc's contract is more buyout proof, but they might be able to shed him to ARI/FLA after paying his signing bonus next year. He put up 35p in 42gp last year, so not too bad.

[Roof-Daddy]

Both guys will likely chase cups now, signing 1 year deals with contenders to be depth players IMO, ala Perry, Spezza, Thornton etc

Maybe Suter gets a multi year deal somewhere though.

Pretty crazy move by Minny. Wow

[GreenLantern2814]

Originally Posted by CorsiHockeyLeague

Look, not everyone can become debilitatingly allergic to their equipment.

Wearing hockey equipment virtually every day for 10 months a year for 25+ years seems like a perfectly reasonable way to develop a pretty nasty skin condition.

Do you really think anything that smells like hockey equipment could be good for your skin?

[powderjunkie]

IMO the right solution would have been to buyout Parise and go 4-4 protection:

Fiala
Eriksson Ek
Greenway
Zuccarello (perhaps you ask if he'll waive to protect Foligno who they extended last off-season)

They'd probably lose Foligno or Hartman, but keep their D together, and then you never know if you might luck out on LTIRetirement for Suter.

I wonder how much NYR regret the Lundqvist buyout considering what happened with him.

[powderjunkie]

If Tampa can sign Suter, they may not even need to make a side deal with SEA and simply leave McDonagh exposed.

Suter at 2x1.75M would get them to 2.5M over with a full roster.

Move Johnson/Killorn/Palat for a value contract like Goodrow/Coleman were and they're all set.

[Jacks]

Good god, let's have a moment of silence for all that dead cap space.

[Robbob]

These 10+ year contracts are bad when they get to the back end. Bad enough having one, but having 2 really paints you into a corner. Having close to 20% of your cap space being used up on players bought out has got to hurt.

Now that these have been bought out, is Weber the last of those monster long contracts?

[Hey Connor, It's Mess]

Parise is shot but Suter is still a good defenseman. It will be interesting to see where he goes - hopefully Tampa doesn't fit him in somehow.

[powderjunkie]

Originally Posted by Robbob

These 10+ year contracts are bad when they get to the back end. Bad enough having one, but having 2 really paints you into a corner. Having close to 20% of your cap space being used up on players bought out has got to hurt.

Now that these have been bought out, is Weber the last of those monster long contracts?

Jeff Carter on his last year.

Skinner and Bobrovsky are the new version.

[Vinny01]

Parise will sign for cheap with the Islanders is my prediction (he was almost dealt there at the deadline)

Suter I have no idea where he goes?