[Trade] Leafs trade David Clarkson to Blue Jackets for Nathan Horton

[nik-]

Originally Posted by Roof-Daddy

So obviously Calgary wasn't going to trade the Jackets a "Clarkson" in exchange for Horton's contract because we don't have a deal that atrocious........I wonder what BT was looking at getting in return for taking Horton's contract?

a pick and Jones? Maybe just a first? He tried to buy a pick with cap space twice this summer.

[transplant99]

Originally Posted by Badgers Nose

It does if they are trading Phil Dion and Jeoffrey for picks and prospects this week and at the draft.

How so?

They dont need cap space to trade those guys away....and if this is to reach the floor...well would be hilarious...but i guess its a possibility.

[Resolute 14]

TSN also just had a good point. Since the Jackets aren't a cap team, they don't even get the LTIR relief. So they were literally paying for nothing. Clarkson is at least a warm body, I suppose.

[Fighting Banana Slug]

I get that Columbus will save some actual cash, but it must put them in a worse spot cap-wise. What now works for Toronto, would have worked for Columbus as well, had they kept Horton, no? They have a few crappy contracts on the team already, IMO.

Edit: ^ Thanks Resolute, that does make more sense. Need to be a cap team for it to really make a difference.

[devo22]

Originally Posted by Roof-Daddy

So obviously Calgary wasn't going to trade the Jackets a "Clarkson" in exchange for Horton's contract because we don't have a deal that atrocious........I wonder what BT was looking at getting in return for taking Horton's contract?

probably someone like Stajan and wanted a high pick as compensation for eating the Clarkson contract.

[Jacks]

Originally Posted by JJ1532

All Nonis needs to do now is get Phaneuf off the books without any retention and he's a shoe in for GM of the year.

I wouldn't go that far, he may have cleaned up the bed but he's the one who crapped in it in the first place.

Originally Posted by Ozy_Flame

Why would we do this? Are we trying to save cap space? Weird thing for us to do.

Would have made great sense for us. We wouldn't have to worry about the cap floor anymore and would have the flexibility to play some younger cheaper guys. If we needed the cap room we simply LTIR the contract. In the meantime we dump 2 older players and possibly gain an asset from Columbus as a cherry on top. Would have cost us a bunch of cash though.

[Flash Walken]

Originally Posted by dammage79

CLB as a mid/small market team really couldn't afford to pay Horton to not pay. Also, stupid not to insure the contract.

Contract was uninsurable due to Horton's previous history of injuries.

[Dan02]

Good trade for both teams, realitically TO was one of, if not the only team that would be willing to pull this trade off. Not many owners are in the position of being able/willing to just shell out 25+ million bucks for some extra cap room.

[JJ1532]

Originally Posted by Jacks

I wouldn't go that far, he may have cleaned up the bed but he's the one who crapped in it in the first place.

Did I need green text? Thought the sarcasm would have obvious?

[Anduril]

Originally Posted by Fighting Banana Slug

I get that Columbus will save some actual cash, but it must put them in a worse spot cap-wise. What now works for Toronto, would have worked for Columbus as well, had they kept Horton, no? They have a few crappy contracts on the team already, IMO.

They have 5.4M left in capspace roughly after this trade. Nothing imminent that they need to take care of this season, and they're already looking to move Wiz. Don't think that this is a big issue for them considering what they are as a team.

[dammage79]

Originally Posted by Flash Walken

Contract was uninsurable due to Horton's previous history of injuries.

I actually do remember that concern being brought up when Horton was heading into FA. Specifically Bob McKenzie bringing it up. So doubly Stupid to offer up the high dollar amount contract. NVM the term.

[Fighting Banana Slug]

Originally Posted by Resolute 14

TSN also just had a good point. Since the Jackets aren't a cap team, they don't even get the LTIR relief. So they were literally paying for nothing. Clarkson is at least a warm body, I suppose.

This is very interesting from the Flames perspective. The LTIR relief really only helps those teams at the cap. If we were going to pick up Horton, it would make sense that we would be spending a lot more this summer/deadline, as well. Or, on the other hand, gets us to the floor.

[Anduril]

By the time his contract expires, Clarkson will be paid 27.5M in real dollars by Columbus. Horton, 26.1M by Toronto.

[Flash Walken]

Originally Posted by dammage79

I actually do remember that concern being brought up when Horton was heading into FA. Specifically Bob McKenzie bringing it up. So doubly Stupid to offer up the high dollar amount contract. NVM the term.

With hindsight, a really bad decision.

[Harry Lime]

CBJ on an internal cap, so money against the cap or on LTIR is all the same to them. They just probably saw it as an asset playing, or not playing.

[devo22]

Originally Posted by Fighting Banana Slug

This is very interesting from the Flames perspective. The LTIR relief really only helps those teams at the cap. If we were going to pick up Horton, it would make sense that we would be spending a lot more this summer/deadline, as well.

not necessary ... it could have also just helped us reach the floor even if we dumped contracts like Raymond/Engelland/etc and iced a very young team next season.

[Fighting Banana Slug]

Originally Posted by devo22

not necessary ... it could have also just helped us reach the floor even if we dumped contracts like Raymond/Engelland/etc and iced a very young team next season.

Agreed. I amended my post after thinking about it more. Still, I think it does open up the possiblitity of other bigger cap-related deals.

[JurassicTunga12]

Jeff Svoboda @JeffSvoboda Follow CBJ didn't have insurance on Horton? They play in NATIONWIDE ARENA.

[Locke]

Originally Posted by JurassicTunga12

Jeff Svoboda @JeffSvoboda Follow CBJ didn't have insurance on Horton? They play in NATIONWIDE ARENA.

Apparently Nationwide is not on their side on this one. Nationwide is sitting this one out.

[Jay Random]

Originally Posted by transplant99

Another thing about this deal...the Leafs get cap relief of Hortons contract, but that does not kick in until the season begins....meaning they cannot use that space until training camps etc are all done and although they can exceed the limit by 10% through the summer, they must be compliant before the season starts...which would have to include that 6 million tag.

My understanding is that a player can be placed on LTIR in order to make the team cap compliant on the first day of the season; they don't have to be compliant before putting the player on LTIR. That, I believe, is how the Flyers have handled Pronger's cap hit.

So the Leafs can exceed the cap by 10% (about $7 million at present) during the off season, of which $6 million will be taken up by Horton's contract. Once the season starts, they can exceed the cap by the amount of Horton's contract.

The only things they give up are some flexibility to exceed the cap during the off season (which most teams don't use anyway), and the actual money to pay Horton with (which doesn't matter, because the Leafs have more money than they have any use for). In exchange, they get a mulligan on the idiotic contract they gave Clarkson. Sounds like a pretty sweet deal to me.