07-30-2019, 08:46 AM
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#1
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Sens acquire Ryan Callahan + 5th from Tampa for Mike Condon + 6th
https://www.nhl.com/senators/news/ot...on/c-308392366
Quote:
The Ottawa Senators announced today the team has acquired forward Ryan Callahan from the Tampa Bay Lightning in exchange for goaltender Mike Condon. As part of the transaction, the Senators will also receive Tampa Bay's fifth-round draft pick in the 2020 NHL Draft while the Lightning will receive Ottawa's sixth-round selection.
Callahan, 34, has one season remaining on his contract and was placed on long-term injured reserve after suffering a career-ending back injury and a degenerative back disease diagnosis this past season.
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Last edited by sureLoss; 07-30-2019 at 08:50 AM.
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07-30-2019, 08:48 AM
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#2
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Franchise Player
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Upgraded from a 6th to a 5th while giving Tampa Bay temporary off-season cap relief, I guess.
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07-30-2019, 08:49 AM
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#3
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Another Melnyk special. Assuming Callahan's contract is insured for 80% Sens save approximately $2 million in actual cash with this deal.
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07-30-2019, 08:52 AM
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#4
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Also curious to see what Tampa does with all the goalies they have.
Vasilevskiy, McElhinney, Domingue, Condon are all on 1 way deals
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07-30-2019, 08:52 AM
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#5
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Taking a while to get to 5000
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Quote:
Originally Posted by sureLoss
Also curious to see what Tampa does with all the goalies they have.
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Voltron.
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07-30-2019, 08:54 AM
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#6
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Franchise Player
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Quote:
Originally Posted by agulati
Upgraded from a 6th to a 5th while giving Tampa Bay temporary off-season cap relief, I guess.
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Those picks aren't too likely to be very far apart from each other at all.
Seems to be more about the cash savings than anything else.
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07-30-2019, 08:57 AM
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#7
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Franchise Player
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Quote:
Originally Posted by sureLoss
Also curious to see what Tampa does with all the goalies they have.
Vasilevskiy, McElhinney, Domingue, Condon are all on 1 way deals
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McElhinney is a 35+ contract. Have to think they start with him as the backup otherwise they wouldn't get relief.
This deals leaves the Lightning with about 11M to sign Point, Erne and a spare forward. Based on the trade they must think they can do it with less because they lose a decent chunk of cap-relief from Callahan being removed from LTIR.
EDIT: McElhinney might get relief if sent down, a bit different than what Capfriendly's CBA FAQ says.
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07-30-2019, 08:57 AM
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#8
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Franchise Player
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Quote:
Originally Posted by mrdonkey
Those picks aren't too likely to be very far apart from each other at all.
Seems to be more about the cash savings than anything else.
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That's fair. I didn't realize Condon was making that sort of dough.
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07-30-2019, 08:59 AM
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#9
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Franchise Player
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Quote:
Originally Posted by mrdonkey
Those picks aren't too likely to be very far apart from each other at all.
Seems to be more about the cash savings than anything else.
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Yeah, they traded what is likely to be the 150-155th pick for the 156-160th pick.
They are each almost certainly going to select the exact same player regardless.
Seems pointless, other than optics.
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07-30-2019, 09:01 AM
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#10
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Franchise Player
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Quote:
Originally Posted by sureLoss
Also curious to see what Tampa does with all the goalies they have.
Vasilevskiy, McElhinney, Domingue, Condon are all on 1 way deals
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I wonder if the Lightning will buy out Condon? I'm not sure how the savings would play out over burying him in the minors
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07-30-2019, 09:04 AM
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#11
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Franchise Player
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Quote:
Originally Posted by Oling_Roachinen
McElhinney is a 35+ contract. Have to think they start with him as the backup otherwise they wouldn't get relief.
This deals leaves the Lightning with about 11M to sign Point, Erne and a spare forward. Based on the trade they must think they can do it with less because they lose a decent chunk of cap-relief from Callahan being removed from LTIR.
EDIT: McElhinney might get relief if sent down, a bit different than what Capfriendly's CBA FAQ says.
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McElhinney is also a good goalie now. Tampa obviously signed him to be the backup.
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07-30-2019, 09:04 AM
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#12
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Quote:
Originally Posted by Geeoff
I wonder if the Lightning will buy out Condon? I'm not sure how the savings would play out over burying him in the minors
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They can't buyout Condon this season. You can only buyout players in the 2nd buyout window who were on their reserve list as of the last trade deadline.
Last edited by sureLoss; 07-30-2019 at 09:07 AM.
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07-30-2019, 09:06 AM
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#13
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Franchise Player
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Got Sureloss'd
Last edited by agulati; 07-30-2019 at 09:07 AM.
Reason: Never mind
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07-30-2019, 09:14 AM
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#14
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Powerplay Quarterback
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Wouldn't TB be better off having Callahan on the IR with no cap hit? What's the motivation for them to have a $1.3M cap hit for a goalie sitting in the minors?
__________________
Quote:
Originally Posted by J pold
I'm just a overall d-bag
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07-30-2019, 09:14 AM
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#15
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Franchise Player
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Quote:
Originally Posted by sureLoss
They can't buyout Condon this season. You can only buyout players in the 2nd buyout window who were on their reserve list as of the last trade deadline.
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Didn’t Calgary buy out Ryan Murphy a couple of seasons back just after acquiring him? Plus Erne is arbitration eligible, so the second buy out window for Tampa Bay should be opening up soon.
The cap hit as per cap friendly for a buyout will be 400k for year 1 and 1 million for year 2
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07-30-2019, 09:22 AM
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#16
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Some kinda newsbreaker!
Join Date: May 2004
Location: Learning Phaneufs skating style
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Quote:
Originally Posted by agulati
Didn’t Calgary buy out Ryan Murphy a couple of seasons back just after acquiring him? Plus Erne is arbitration eligible, so the second buy out window for Tampa Bay should be opening up soon.
The cap hit as per cap friendly for a buyout will be 400k for year 1 and 1 million for year 2
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The Flames bought out Ryan Murphy after trading for him during the 1st buyout window which starts from June 15 or 48 hours after the Stanley Cup is awarded (which ever is later) until June 30th. There is no restrictions on which players you can buyout during this period.
The 2nd buyout window starts 3 days after the teams final arbitration case is settled or awarded and runs for 48 hours. During the 2nd buyout window only players whose cap hit is over $3.455 million AND were on the team's reserve list as of the last trade deadline can be bought out.
Because Condon was not on the Lightning's reserve list at the last trade deadline, they cannot buy out Condon in the 2nd window.
Anyways Tampa had only one arbitration case which was Pacquette. He signed on July 5 which means Tampa had the 2nd window open from July 8th to July 10th. The 2nd window is over for them.
Erne never filed for arbitration.
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07-30-2019, 09:27 AM
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#17
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First round-bust
Join Date: Feb 2015
Location: speculating about AHL players
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__________________
"This has been TheScorpion's shtick for years. All these hot takes, clickbait nonsense just to feed his social media algorithms." –Tuco
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07-30-2019, 09:36 AM
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#18
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Franchise Player
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Quote:
Originally Posted by sureLoss
They can't buyout Condon this season. You can only buyout players in the 2nd buyout window who were on their reserve list as of the last trade deadline.
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Oh my bad. I guess Tampa plans on going over the cap this off-season, so Callahan on LTIR didn't help them?
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07-30-2019, 09:37 AM
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#19
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Taking a while to get to 5000
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Tampa has $10M or so in cap space.
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07-30-2019, 09:51 AM
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#20
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Franchise Player
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Quote:
Originally Posted by jroc
Wouldn't TB be better off having Callahan on the IR with no cap hit? What's the motivation for them to have a $1.3M cap hit for a goalie sitting in the minors?
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As I understand it LTIR players do have a cap hit, you can just replace their value when the season starts.
In the off-season, I believe that teams can go 10% over the cap, but that would include Callahan's salary. So that might mean that Tampa couldn't sign Brayden Point until October, if they still had Callahan?
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