[Signing] Blue Jackets sign JVR (one year, $900k)

[topfiverecords]

Originally Posted by GioforPM

They won't be under the floor. It will be worked out. That said, this isn't a cap floor move - it's a "get a LW" move. As was said, the net method to get to the floor but have only 23 contracts is to waive/trade two min salary guys and sign/trade for a 2 million dollar player.

It's highly likely they won't need to do that if they don't want to.

Originally Posted by Parallex

Why not? For real... it's easy to get up to the floor... just sign the most talented schlub you can find to the minimum amount needed to get to the floor.... done. Losing Gaudreau was a tragedy but they shouldn't get to just ignore the CBA on account of it.

Yes they should. When you have $9.75 million deducted from your cap just a few weeks before camp for tragic reasons they should get to ignore the CBA on the account of the fact it would be incredibly stupid to penalize them.

[Geeoff]

Seems to me Columbus could just trade for Carey Price or Shea Weber and get an asset back?

[GioforPM]

Originally Posted by lazypucker

If the CBJ is not under pressure to get above the cap floor, why would they want to bail other teams out from cap hell by taking on their expensive contracts?

I don't think the league will force CBJ to sign/trade for players to make up Johnny's cap hit to reach the floor...

I think the league will not make an exception - they don't have discretion on whether a breach exists or not. The most they can do is choose the penalty. The thing is, this is an extreme example but once you make one exception, teams will start to ask for exceptions on this and other rules. And there is likley not discretion anyway.

[GioforPM]

Originally Posted by topfiverecords

It's highly likely they won't need to do that if they don't want to.



Yes they should. When you have $9.75 million deducted from your cap just a few weeks before camp for tragic reasons they should get to ignore the CBA on the account of the fact it would be incredibly stupid to penalize them.

You can't use extreme fact situations to ignore actual rules and contracts.

[Bonded]

Originally Posted by topfiverecords

It's highly likely they won't need to do that if they don't want to.

Yes they should. When you have $9.75 million deducted from your cap just a few weeks before camp for tragic reasons they should get to ignore the CBA on the account of the fact it would be incredibly stupid to penalize them.

It isn't like they are 9.50 million dollars away from the cap floor. They can easily add the cap needed to hit the floor.

[topfiverecords]

Originally Posted by GioforPM

You can't use extreme fact situations to ignore actual rules and contracts.

Except that they can.

[topfiverecords]

Originally Posted by Bonded

It isn't like they are 9.50 million dollars away from the cap floor. They can easily add the cap needed to hit the floor.

If they wanted to, they could have just given JVR whatever amount they needed to reach the cap floor. Instead they signed him for $900k keeping them short.

[Ped]

Lots of LTIRetired players they could probably add


Price
Ellis
Lehner
Poolman
Backstrom
Weber

[jayswin]

This is far too much discission and worrying about this situation. They're barely under, they will easily be over in the coming weeks as the season starts. It's a complete non issue. The discussion would have been if they were at the cap floor with Gaudreau and were now a significant $9mil or so short. This is nothing, no issue.

[Sylvanfan]

It's a lot easier to add cap than to shed it. As noted above they can spend 2 million in real money to add a guy like Backstrom as an example.

Teams will not overpay anyone because they feel like they need to. There's plenty of liability contracts already in the system that can be moved around.

[Bonded]

Originally Posted by topfiverecords

Except that they can.

The Blue Jackets will be compliant by the start of the season. The only way I could see an exception being made was if they were 9 million dollars or something off the floor. They can trade a 2nd/3rd pick forward player like Kuzmenko if they want to compete.

[dino7c]

Originally Posted by Ped

Lots of LTIRetired players they could probably add


Price
Ellis
Lehner
Poolman
Backstrom
Weber

They need a couple million bucks they aren't taking these

[Ped]

Poolman is 2.5 I believe. And Lehner is I think in the last year of his.

[Samonadreau]

Sounds like a perfect opportunity to take a cap dump from another team. Any Teams still trying to get under the limit?

[Leondros]

Originally Posted by GioforPM

You can't use extreme fact situations to ignore actual rules and contracts.

You must be a lawyer. This take absolutely lacks pragmatism and business rationality. Why would the NHL follow through on levying punishment when the optics of it will look so poor. There is no benefit to them.

1) Alienates a fan base
2) Looks awful given the tragedy that lead to this issue
3) They were very much onside before the tragedy hit, and have given no indication that they are not going to remedy the situation
4) Just optically looking at this it would be a PR nightmare for the NHL. "NHL fines CBJ as a result of their young star player, father of 3 getting hit by drunk driver"

And for what - taking $5 million off of the ownership group? OR penalizing through draft pick forfeit and hurting the club?

[dino7c]

In two weeks or whatever there will be actual good useful players on waivers

[dino7c]

Originally Posted by Leondros

You must be a lawyer. This take absolutely lacks pragmatism and business rationality. Why would the NHL follow through on levying punishment when the optics of it will look so poor. There is no benefit to them.

1) Alienates a fan base
2) Looks awful given the tragedy that lead to this issue
3) They were very much onside before the tragedy hit, and have given no indication that they are not going to remedy the situation
4) Just optically looking at this it would be a PR nightmare for the NHL. "NHL fines CBJ as a result of their young star player, father of 3 getting hit by drunk driver"

Yep, and the cap floor isn't for competitive balance...its for the PA so the owners don't stiff the players. Obviously this isn't an issue here, they will be given time.

[Bonded]

Originally Posted by dino7c

Yep, and the cap floor isn't for competitive balance...its for the PA so the owners don't stiff the players. Obviously this isn't an issue here, they will be given time.

The PA will push for them to hit the cap floor. The Jackets need one appropriately paid 3rd liner to be compliant, it won’t be hard.

[lazypucker]

Originally Posted by dino7c

Yep, and the cap floor isn't for competitive balance...its for the PA so the owners don't stiff the players. Obviously this isn't an issue here, they will be given time.

Since Gaudreau's contract is being paid out this year (by insurance), there should not be an issue here since this amount could be counted towards the cap.

[Jay Random]

Originally Posted by lazypucker

Since Gaudreau's contract is being paid out this year (by insurance), there should not be an issue here since this amount could be counted towards the cap.

As I understand it, any employment contract is automatically terminated (‘frustrated’) by the death of the employee. It's not at all the same situation as an injury. Since there is no contract anymore, there can be no cap hit. The fact that the parties were insured against this possibility doesn't alter that.