[News] Mike Richards on waivers - CLEARS

[handgroen]

i keep refreshing this page incessantly, but the truth of it, is that the longer this goes on w/o news of a trade the stronger the flames bargaining position becomes.

i would just absolutely love to check CP at lunch on friday and read that LA got completely soaked in a trade with the flames.

for me the goal shouldn't be toffoli or pearson or really any of their prospects.

i would like to see it be richards no salary retained to CGY with no 'bad' contracts sent back to LA. (i don't see any of our contracts as having negative value)
as for the compensation for the flames, picks only please.

TO CGY
Richards+2015 1st+2015 2nd
To LA
2015 4th

to me richards is worth about half what he makes let's say 2.5Mil
so really the flames absorb 2.75Mil for 4 seasons and part of this one.
Let's say 12Mil in over-payment on that crappy contract.
The question then becomes, how much are LA's picks worth?
also ownership would be spending to the cap right now if they thought it would provide some advantage, so there is money being saved these last couple and next couple years that would have otherwise been spent anyways.

12mil for a 1st and 2nd next year?

too much? not enough?

[davidbjordan]

i could see buffalo doing a deal with LA... doesn't look like they have a next year (or even the year after) plan to make the playoffs.

interesting that a couple years ago a deal like this would be great for florida (rather than having to dish out contracts like this at free agency to bump to the cap floor) but now that they actually have a young core forming it doesn't make sense.

I wonder if phoenix would have inquired, after 14/15 the salary is below cap #... could help them in the floor department

[Envitro]

I'm guessing that a trade is going to happen in the next day or so, possibly before the game against Minnesota. The callups are there as insurance in case they need people to play. I'd imagine a D is involved in the trade (possibly Engelland or Smid).

That's the only reason why they called up so many bodies and had them practice with the team.

[AcGold]

This is the situation where we trade if we absolutely hose them, if not don't bother.

[Locke]

Originally Posted by Weitz

Maybe if there was no salary retained. I think salary retained really kills any trade value for the kings.

Precisely. The whole point of this is to unburden themselves of the salary. I cant see them being willing to retain any.

[JurassicTunga12]

Richards, McKeown and a 2nd for Stajan/Raymond/Jones/Engelland, and Agostino or a 3rd-5th round pick in 2015 or 2016?

If we retain salary, change the 2nd to a 1st?

[Flash Walken]

Calgary were apparently closely linked to Arizona and Carolina in deals this summer. The liability on a buyout for Ribeiro was 1.9 or 2 million dollars per year for I believe 6 years.

The cost to take on that liability was a 12th overall draft pick. Rumours about why the deal didn't go down are just rumours, but the most credible reasons seems to believe Ribeiro wouldn't authorize a trade.

I'm not sure if the motivation for trading for Ribeiro was to buy him out, or to play him, but the liability question is largely the same.

The Calgary Flames thought taking on Ribeiro and more than 10 million dollars in salary liability was worth roughly a top 10 pick.

Richards is in a similar situation, so I would suggest Calgary's offer is in that ballpark: Value equivalent to a top 10 pick in a good draft year.

Is Tofoli equivalent value to a top 10 pick? Is he more valuable? Less?

[mikephoen]

Originally Posted by saillias

Just in the sense that it's something that's never happened ever yet they keep talking about it.

Every year we hear about the cap squeeze, all these teams so tight to the cap, yet they find a way to make it work without sending Calgary 1st round picks.

It has happened before, to a lesser extent. Beside that minor point, this exact situation has never happened before in the NHL, which is why some think the price may be going waaaaay up for these teams to get out of their mistakes. Previously teams could bury contracts in the minors, now that is gone. Compliance buyouts saved teams for the last couple summers, but now those are gone too. Regular buyouts don't really save teams that much money, especially on these back diving contracts. The cap was supposed to go up... but oops, the Canadian dollar dropped like a rock over the last couple months and now the cap is probably going down.

The Kings aren't the only team in trouble. Take a look at Chicago's situation next year... they have 4M to sign at least 8 players including giving a raise to Saad. And that's if the cap stays the same. If it drops my a million or two, they're even more screwed. Boston isn't in much better shape, and there are half a dozen other teams that are going to have some tough decisions to make as well.

There are only a couple teams with cap space and budget to take on some of these bad contracts, and I'm glad the Flames are one of them.

[Ashasx]

Originally Posted by JurassicTunga12

Richards, McKeown and a 2nd for Stajan/Raymond/Jones/Engelland, and Agostino or a 3rd-5th round pick in 2015 or 2016?

If we retain salary, change the 2nd to a 1st?

This simply is not enough to to take on that contract.

If we gave up a 2nd round pick to rid $3M for one season, surely Burke/Treliving can do better than that.

[sureLoss]

Originally Posted by Ashasx

This simply is not enough to to take on that contract.

If we gave up a 2nd round pick to rid $3M for one season, surely Burke/Treliving can do better than that.

Hell in 2009 Burke wanted a 2nd round pick to take $1.2 million of salary from the Blackhawks

[Erick Estrada]

Originally Posted by sureLoss

Hell in 2009 Burke wanted a 2nd round pick to take $1.2 million of salary from the Blackhawks

Comparable to Primeau's salary when Darryl Sutter gave Burke a 2nd round pick to dump salary.

[CliffFletcher]

Originally Posted by Sylvanfan

It sort of amazes me how teams can take an asset with value and turn it into a liability by attaching a contract to that asset.

Is Richards having a case of mid career burn out, where maybe he can get it back and rebound to be productive. Or has the Dany Heatley school of offseason work outs rendered him finished at the age of 29....much like many players who played in the 70's and 80's (against peers who did the same thing).

If Richards had no contract attached to him, I'm sure several NHL teams would be willing to take a risk. But that contract is making 30 teams stay clear of him. It's pretty amazing, as in 2004, he easily could have been traded.

That's the new reality. A player's value is determined by the value of his contract relative to his ability to play hockey.

[dustygoon]

Originally Posted by sureLoss

IMO, if you want Toffoli in a Richards deal Jooris or Backlund is likely someone the Kings would ask for. Flames may still have to add.

....add a Honowski.

[Weitz]

I think if/when he gets traded (which I don't feel he will to the flames anyways) there will be a lot of disappointed people here.

[DionTheDman]

Originally Posted by dustygoon

....add a Honowski.

I'd rather add the rights to Ruslan Zainullin

[Geeoff]

I'm still thinking that Richards eating up LA's cap space is more valuable to us than the value we'd get for relieving them of it. You know they're just gonna fill that cap space with a player that'll help them vault over us.

In conclusion, #### the Kings.

[Vinny01]

Originally Posted by Fighting Banana Slug

I could use a good laugh. Perhaps a quick summary when he is done?

Busy with work but main tidbits are

- Flames want Pearson, Toffoli, or 1st to take the deal
- Several talks occurred including discussions well before he hit waivers


Sorry was only able to half listen. Nothing new or earth shattering just talking about it being a massive risk

[GranteedEV]

Originally Posted by Geeoff

I'm still thinking that Richards eating up LA's cap space is more valuable to us than the value we'd get for relieving them of it. You know they're just gonna fill that cap space with a player that'll help them vault over us.

In conclusion, #### the Kings.

+1

I mean, for all we know, this Richards contract could force them to lose Toffoli to free agency, and we sign Tyler anyways this offseason. He has ties to Monahan too, who might try and recruit him.

[Enoch Root]

He's an RFA.

Williams, maybe

[automaton 3]

I hope he doesn't get traded, and the Kings are handcuffed by that contract for the forseeable future.