[Trade] Panthers trade 2018 2nd + Marc Savard to Devils for 2 minor leaguers

[PeteMoss]

Originally Posted by Alberta_Beef

a 2nd to eat 575k in salary? Jesus that is a steep price

Its for the cap hit, not the salary.

Marc Savard's contract landed Reilly Smith for the Panthers (although they traded Jimmy Hayes in this trade) and now a 2nd round pick for Devils.

[FlamesAddiction]

Originally Posted by Major Happy

I don't see any player agreeing to that.

Money today is worth more that the same value a year from now (or several years from now), when you consider buying power and interest.

At this point though, it probably wouldn't be worth it for Savard since the amount is relatively small and he only has to wait 1 more year.

But in other situations, I can see why an injured player might want to be bought out of their contract.

[Finger Cookin]

Originally Posted by The Original FFIV

where were all these cap dump deals when we had cap space?

[Alberta_Beef]

Originally Posted by PeteMoss

Its for the cap hit, not the salary.

Marc Savard's contract landed Reilly Smith for the Panthers (although they traded Jimmy Hayes in this trade) and now a 2nd round pick for Devils.

The cap hit will be on LTIR all season, so they can still spend that money it would only potentially hurt them during the off-season as they wouldn't be able to exceed the cap by the full 10%. Prior to the move they had about $16 million in cap space next season with only about 5 players to sign; Campbell being about the only bigger name.

So I fail to see how this is for the cap hit, seems like owners pinching pennies to me.

[calgaryblood]

Originally Posted by Alberta_Beef

a 2nd to eat 575k in salary? Jesus that is a steep price

They also got two players in the deal...

[Alberta_Beef]

Originally Posted by calgaryblood

They also got two players in the deal...

How could I forget a career minor leaguer that probably shouldn't have an NHL contract and the 23 year old that has shown zero offensive ability at the NHL level. The two combined aren't even worth the 5th round pick New Jersey wasted on Graham Black.

[Major Happy]

Originally Posted by sureLoss

Chris Drury did and he had millions of dollars left on his contract

Ah, didn't know about that, thanks!

[Rubicant]

Originally Posted by cowtown75

Watch Savard come out of LTIR, absolutely light it up for the Devils & the Devil's also gaining a 2nd rounder for 2 minor leaguers. How slick would that be. Those are things movies are made of.

Lol... He's not exactly in game shape these days...

[Reaper]

Originally Posted by Rubicant

Lol... He's not exactly in game shape these days...

K, I want to see a current pic. Some years ago Tommy Albelin joked with me about how he thought a fat guy wearing a Marc Savard jersey was Marc Savard before busting out laughing. Savard was not renowned for his conditioning.

[The Fonz]

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">So this confession happened after <a href="https://twitter.com/deeds82">@deeds82</a> poked a little fun at Craig Button for the Savard-Zainullin trade. <a href="https://twitter.com/hashtag/Gold?src=hash">#Gold</a> <a href="https://t.co/KKs2KOharT">pic.twitter.com/KKs2KOharT</a></p>&mdash; Darren Haynes (@DarrenWHaynes) <a href="https://twitter.com/DarrenWHaynes/status/741487292779401216">June 11, 2016</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

Anyone know how to embed a tweet? Craig Button commented on the Savard trade above, but I can't for the life of me figure out how to embed from twitter onto CP.

[Alberta_Beef]

Originally Posted by The Fonz

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">So this confession happened after <a href="https://twitter.com/deeds82">@deeds82</a> poked a little fun at Craig Button for the Savard-Zainullin trade. <a href="https://twitter.com/hashtag/Gold?src=hash">#Gold</a> <a href="https://t.co/KKs2KOharT">pic.twitter.com/KKs2KOharT</a></p>&mdash; Darren Haynes (@DarrenWHaynes) <a href="https://twitter.com/DarrenWHaynes/status/741487292779401216">June 11, 2016</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

Anyone know how to embed a tweet? Craig Button commented on the Savard trade above, but I can't for the life of me figure out how to embed from twitter onto CP.

i dont think you can embed tweets, but here is a jpeg of most of it

[Rubicant]

Originally Posted by Reaper

K, I want to see a current pic. Some years ago Tommy Albelin joked with me about how he thought a fat guy wearing a Marc Savard jersey was Marc Savard before busting out laughing. Savard was not renowned for his conditioning.

That might be a bit awkward... Hey Marc can I take your picture to show people just how out of shape you are these days?

[The Fonz]

Originally Posted by Alberta_Beef

i dont think you can embed tweets, but here is a jpeg of most of it

Love that this post is thanked by FireGilbert

[ernie]

Originally Posted by Alberta_Beef

The cap hit will be on LTIR all season, so they can still spend that money it would only potentially hurt them during the off-season as they wouldn't be able to exceed the cap by the full 10%. Prior to the move they had about $16 million in cap space next season with only about 5 players to sign; Campbell being about the only bigger name.

So I fail to see how this is for the cap hit, seems like owners pinching pennies to me.

You only have access to the LTIR if you can get the player on the roster on day 1 and then move him to LTIR.

They have about $20 mil in cap space but want to sign Campbell and Trochek which are going to cost money....likely half of that maybe more. That puts them currently at 20 signed players with $10 mil left. However, that roster includes 3 or 4 players (Grimaldi, Thornton, McCann, Kampfer) near the minimum or on ELC that they likely want to have further down the depth chart next year and leaves Mitchell or a Mitchell replacement unsigned.

So essentially that cap space will disappear quickly with the signings of Trocheck, Campbell and Mitchell/replacement/improvement. Could be close to $15 mil. Then you need to look at some other upgrades who will carry with them bigger contracts.

I think they want the cap room.

[Reaper]

Originally Posted by Rubicant

That might be a bit awkward... Hey Marc can I take your picture to show people just how out of shape you are these days?

That's why you ask if you can take a selfie with him and "pause midway to open your camera app" when in reality it is already open. Take a burst pic. pffft. Amateur.