[Signing] Oilers re-sign Adam Henrique (2x$3M)

[flamingred89]

It's so obvious that Katz is going to clear Kane's gambling debts so he can "retire". And then offer him a position within the team to keep a salary for the rest of Kane's playing age.

[Jay Random]

Originally Posted by flamingred89

It's so obvious that Katz is going to clear Kane's gambling debts so he can "retire". And then offer him a position within the team to keep a salary for the rest of Kane's playing age.

It's strictly forbidden for a team to pay anything to a player outside of his contract. If Katz wants to do that, the last thing he can do is be obvious about it.

Even Duncan Keith, when he took early retirement and a front-office job, caused his signing team to take a recapture penalty. Trouble was, it was Chicago that signed the contract (and played him for most of it), so Chicago got the penalty and the Oilers wriggled out.

Anyway, what were Kane's gambling debts? $28 million or something crazy like that? Katz is not going to spend that kind of money to save his toy hockey team $5 million in cap space.

[midniteowl]

Originally Posted by Jay Random

It's strictly forbidden for a team to pay anything to a player outside of his contract. If Katz wants to do that, the last thing he can do is be obvious about it.

Even Duncan Keith, when he took early retirement and a front-office job, caused his signing team to take a recapture penalty. Trouble was, it was Chicago that signed the contract (and played him for most of it), so Chicago got the penalty and the Oilers wriggled out.

Anyway, what were Kane's gambling debts? $28 million or something crazy like that? Katz is not going to spend that kind of money to save his toy hockey team $5 million in cap space.

What if he thinks spending $28 millions to save his toy $5 millions in cap space will give him a chance to win a Stanley Cup? He might think buying a SC for $28M is worth it cause he is rich?

[Jay Random]

Originally Posted by midniteowl

What if he thinks spending $28 millions to save his toy $5 millions in cap space will give him a chance to win a Stanley Cup? He might think buying a SC for $28M is worth it cause he is rich?

But he's not buying a Stanley Cup. All he's buying is the cap room to re-sign Holloway and Broberg and maybe add a cheap replacement for Kane himself.

What are the odds that (current Oilers + Holloway + Broberg + replacement player – Kane) = Stanley Cup winner?

$28 million (plus the risk of getting caught, which would probably mean he'd be banned from the league and have to sell the team) is a steep price for a lottery ticket.

[flamingred89]

Originally Posted by Jay Random

It's strictly forbidden for a team to pay anything to a player outside of his contract. If Katz wants to do that, the last thing he can do is be obvious about it.

Even Duncan Keith, when he took early retirement and a front-office job, caused his signing team to take a recapture penalty. Trouble was, it was Chicago that signed the contract (and played him for most of it), so Chicago got the penalty and the Oilers wriggled out.

Anyway, what were Kane's gambling debts? $28 million or something crazy like that? Katz is not going to spend that kind of money to save his toy hockey team $5 million in cap space.

Keith's contract was heavily front loaded and so the recapture penalty was put in place to avoid cap circumvention wasn't it? Where as Kane's is straightforward and wouldn't required the same kind of penalty if I'm not mistaken?

My post was somewhat in jest. But also not really. Because we know shady #### goes on behind the scenes everywhere. And 28 million to a person like Katz is nothing for the adoration of a city and fans for lifetimes to come.

I'm just saying that something funny is going to happen with Kane. Book it.

Edit. I also highly doubt Kane's debts are anywhere near 28 million at this point. After bankruptcy court and certain proceedings I'm sure that number was greatly reduced and part of his wages have been servicing the remaining debt.

[Jay Random]

Originally Posted by flamingred89

Keith's contract was heavily front loaded and so the recapture penalty was put in place to avoid cap circumvention wasn't it? Where as Kane's is straightforward and wouldn't required the same kind of penalty if I'm not mistaken?

That's true. But if the Oilers offered Kane a job in exchange for retiring early, they would not be allowed to pay him more than the going rate for that job. The league could fine them cash or draft picks, or worse yet, rule that his contract stays on the books with the full cap hit.

The NHL has 31 other owners who don't want one team to get preferential cap treatment at their expense. And if Katz tries to pay Kane off the books, the NHLPA will want that money tracked so it can be counted as HRR, of which the players get half.

Katz is not nearly smart enough to outwit all the lawyers and accountants who would be sniffing his backside if he tried something of that magnitude.

[midniteowl]

Originally Posted by Jay Random

But he's not buying a Stanley Cup. All he's buying is the cap room to re-sign Holloway and Broberg and maybe add a cheap replacement for Kane himself.

What are the odds that (current Oilers + Holloway + Broberg + replacement player – Kane) = Stanley Cup winner?

$28 million (plus the risk of getting caught, which would probably mean he'd be banned from the league and have to sell the team) is a steep price for a lottery ticket.

I know, and I agree with you. I was just making fun of the Oilers, Katz included. I kinda want to see him do it and it backfire in his face.

[Sofa GM]

Originally Posted by Jay Random

It's strictly forbidden for a team to pay anything to a player outside of his contract. If Katz wants to do that, the last thing he can do is be obvious about it.

Even Duncan Keith, when he took early retirement and a front-office job, caused his signing team to take a recapture penalty. Trouble was, it was Chicago that signed the contract (and played him for most of it), so Chicago got the penalty and the Oilers wriggled out.

Anyway, what were Kane's gambling debts? $28 million or something crazy like that? Katz is not going to spend that kind of money to save his toy hockey team $5 million in cap space.

Yes he would…..

[Groot]

Originally Posted by Jay Random

That's true. But if the Oilers offered Kane a job in exchange for retiring early, they would not be allowed to pay him more than the going rate for that job. The league could fine them cash or draft picks, or worse yet, rule that his contract stays on the books with the full cap hit.

The NHL has 31 other owners who don't want one team to get preferential cap treatment at their expense. And if Katz tries to pay Kane off the books, the NHLPA will want that money tracked so it can be counted as HRR, of which the players get half.

Katz is not nearly smart enough to outwit all the lawyers and accountants who would be sniffing his backside if he tried something of that magnitude.

The Oilers literally saved 5.53 million in cap space by Keith retiring by doing exactly this. How much was Keith paid for his front-office role? Oh wait, it wasn't even a front-office role because it was confirmed he had moved back to Pentincton to coach his son by December. Katz did exactly what you described before so its not unreasonable to think they would try again.

https://www.pentictonherald.ca/sport...438013fe3.html

Now, for the next chapter in his life, Keith is honing his coaching skills with his older brother, Cameron, with the Penticton Minor Hockey Association U11 development team that Colton plays on.

You would think he would have mentioned his job with the Oilers even once but alas

[Jay Random]

Originally Posted by Groot

The Oilers literally saved 5.53 million in cap space by Keith retiring by doing exactly this. How much was Keith paid for his front-office role? Oh wait, it wasn't even a front-office role because it was confirmed he had moved back to Pentincton to coach his son by December. Katz did exactly what you described before so its not unreasonable to think they would try again.

So in other words, Keith didn't have a job with the Oilers; he just retired. And since he was over the hill and his body was shot, he never attempted to play again.

Kane is going to retire now because why?

[looooob]

Originally Posted by Jay Random

So in other words, Keith didn't have a job with the Oilers; he just retired. And since he was over the hill and his body was shot, he never attempted to play again.

Kane is going to retire now because why?

I have no idea if shenanigans happened, but I think the issue is that there were announcements he had a job with the Oilers, but very little to no proof (as I recall) that he actually did said job. I admit- as I have no clue- that perhaps in the end they agreed to part ways with no exchange of money for services rendered


https://dailyhive.com/edmonton/dunca...office-changes

[Jay Random]

Originally Posted by looooob

I have no idea if shenanigans happened, but I think the issue is that there were announcements he had a job with the Oilers, but very little to no proof (as I recall) that he actually did said job. I admit- as I have no clue- that perhaps in the end they agreed to part ways with no exchange of money for services rendered

I suspect you're right.

Are you familiar with the story of the Danbury Trashers? They hired several ringers and gave them no-show jobs to get around the salary cap. Not only did they get busted for cap infringement, the owner wound up in prison for RICO violations. And that was in a two-bit minor league.

Getting away with this kind of stuff is not as easy as some people imagine.

[curves2000]

Off topic I know but I still fail to see where Evander Kane is not an effective hockey player in the NHL when healthy. I mean there are a lot of options of getting him off your team by way of buyout or trade with retention. Players who score 24 goals while injured and play 75+ games in a season are not put out to pasture in the glue factory.

[1Nite]

Originally Posted by curves2000

Off topic I know but I still fail to see where Evander Kane is not an effective hockey player in the NHL when healthy. I mean there are a lot of options of getting him off your team by way of buyout or trade with retention. Players who score 24 goals while injured and play 75+ games in a season are not put out to pasture in the glue factory.

But, with kane it's his intangibles that he brings to the team, that make him a --- Minus with a capital, better to get him away, maybe they have actually found that out.

[Jay Random]

Originally Posted by 1Nite

But, with kane it's his intangibles that he brings to the team, that make him a --- Minus with a capital, better to get him away, maybe they have actually found that out.

Kane is a reprobate, a ganef, and a schnook. It's those intangibles that perfectly qualify him to be an Oiler.

If they want to weed out people of bad character from the team, they'll have to start with the owner.

[rhino]

Originally Posted by Macindoc

Buyout.

Saves them very little money…. Cap hit year 1 on a buyout is 3.5 million and then they would still need to fill 2 roster spots and still have at least 1 RFA (Broberg) that they want to sign

[Street Pharmacist]

Originally Posted by curves2000

off topic i know but i still fail to see where evander kane is not an effective hockey player in the nhl when healthy. I mean there are a lot of options of getting him off your team by way of buyout or trade with retention. Players who score 24 goals while injured and play 75+ games in a season are not put out to pasture in the glue factory.

https://twitter.com/user/status/1808492383950049507

[McG]

Originally Posted by Jay Random

I suspect you're right.

Are you familiar with the story of the Danbury Trashers? They hired several ringers and gave them no-show jobs to get around the salary cap. Not only did they get busted for cap infringement, the owner wound up in prison for RICO violations. And that was in a two-bit minor league.

Getting away with this kind of stuff is not as easy as some people imagine.

There’s a Netflix show about the Danbury Trashers that’s interesting.

On topic, I think Henrique was a decent player, but what happens when he gets injured? LTIR. It’s the new way to spell the nhl team from Edmonton.

[EldrickOnIce]

Originally Posted by Street Pharmacist

https://twitter.com/user/status/1808492383950049507

No good.
Even if they get him to waive his no trade, which he allegedly hasn't, that's a hard sell without a lot of sweetener.

[dino7c]

Uh oh the hockey media has turned on Kane to pump the Oilers tires for next season...best team ever!

It wasn't long ago when Kane was the biggest redemption story ever.