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Old 09-28-2020, 12:17 PM   #1
TheScorpion
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Flames Flames re-sign Justin Kirkland (1 yr, 2-way, $700k NHL AAV)

https://twitter.com/user/status/1310644239550656512

makes sense, he gives them assists in bulk quantities
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Old 09-28-2020, 12:32 PM   #2
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You always get good value with the Kirkland Signature.
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Old 09-28-2020, 12:34 PM   #3
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Came for the Costco reference. Leaves satisfied.
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Old 09-28-2020, 01:10 PM   #4
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My son played against Justin in Bantam, he is a good player, I would like him to take a few more steps.
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Old 09-28-2020, 01:42 PM   #5
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Cap friendly currently has it at 700k, but it is not official. his QO was 735k, so it could be that, unless he took a lower AAV for a few more AHL dollars.
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Old 09-28-2020, 01:55 PM   #6
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Quote:
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Cap friendly currently has it at 700k, but it is not official. his QO was 735k, so it could be that, unless he took a lower AAV for a few more AHL dollars.
Wouldn't be surprised. Also wouldn't be surprised to see a "blended contract" where the player has set NHL and AHL salaries but also has a guaranteed minimum salary.

For instance, he might be set to earn $700k in the NHL and $200k in the AHL. Those salaries are calculated daily, so every day the player is in the NHL, he earns money at the $700k rate, and every day he's in the AHL, he earns money at the $200k rate.

Blended contracts allow for a minimum total salary that's higher than the AHL salary a player would earn if he stays in the minors for a whole season. For instance, if a player has a minimum guaranteed salary of $300k on a $700k/$200k contract, and the player isn't on the NHL roster for enough days to bank a cumulative total salary of at least $300k, he gets paid out the difference at the end of the season.
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Old 09-28-2020, 02:10 PM   #7
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Press release has NHL salary at $700k.
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Old 09-28-2020, 02:38 PM   #8
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Quote:
Originally Posted by TheScorpion View Post
Wouldn't be surprised. Also wouldn't be surprised to see a "blended contract" where the player has set NHL and AHL salaries but also has a guaranteed minimum salary.

For instance, he might be set to earn $700k in the NHL and $200k in the AHL. Those salaries are calculated daily, so every day the player is in the NHL, he earns money at the $700k rate, and every day he's in the AHL, he earns money at the $200k rate.

Blended contracts allow for a minimum total salary that's higher than the AHL salary a player would earn if he stays in the minors for a whole season. For instance, if a player has a minimum guaranteed salary of $300k on a $700k/$200k contract, and the player isn't on the NHL roster for enough days to bank a cumulative total salary of at least $300k, he gets paid out the difference at the end of the season.
Doesn't that just mean the AHL salary is essentially the guaranteed minimum? There is no way to just make the AHL salary?
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Old 09-28-2020, 02:43 PM   #9
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Quote:
Originally Posted by TheScorpion View Post
Wouldn't be surprised. Also wouldn't be surprised to see a "blended contract" where the player has set NHL and AHL salaries but also has a guaranteed minimum salary.

For instance, he might be set to earn $700k in the NHL and $200k in the AHL. Those salaries are calculated daily, so every day the player is in the NHL, he earns money at the $700k rate, and every day he's in the AHL, he earns money at the $200k rate.

Blended contracts allow for a minimum total salary that's higher than the AHL salary a player would earn if he stays in the minors for a whole season. For instance, if a player has a minimum guaranteed salary of $300k on a $700k/$200k contract, and the player isn't on the NHL roster for enough days to bank a cumulative total salary of at least $300k, he gets paid out the difference at the end of the season.
I don't think Kirkland has done enough to earn a blended contract. They are also far more common in UFA signings than RFA ones. If Lomberg, Froese, Quine or Robinson return, I see them getting blended deals.
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Old 09-28-2020, 02:43 PM   #10
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how'd we get Kirkland again?
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Old 09-28-2020, 02:44 PM   #11
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Quote:
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Doesn't that just mean the AHL salary is essentially the guaranteed minimum? There is no way to just make the AHL salary?
The AHL salary is what is paid out during the season.

If a guy has a $200k AHL salary and a $300k guaranteed minimum and spends the whole year in the minors, he gets the $200k over the course of the year and then the rest of it at the end to make it a full $300k.

If, however, the guy spends enough time on the NHL roster earning at a $700k rate to make a total of $300k (at least) over the course of the season between the NHL and the AHL, then no additional payout is required.

Take a look at Zac Rinaldo's last few contracts, for an example:

https://www.capfriendly.com/players/zac-rinaldo

2019-20 with Calgary: NHL salary of $700k. AHL salary of $175k. Minimum guaranteed salary of $225k.

2018-19 with Nashville: NHL salary of $650k. AHL salary of $200k. Minimum guaranteed salary of $300k.

2017-18 with Arizona: NHL salary of $700k. AHL salary of $100k. Minimum guaranteed salary of $175k.

All blended contracts.

Kirkland, however, did not have one last season.

https://www.capfriendly.com/players/justin-kirkland

2019-20 with Calgary: NHL salary of $700k. AHL salary of $90k.

Kirkland spent the entire year with Stockton so he pulled home $90k. However, if he had a minimum guaranteed salary like Rinaldo of, say, $125k, he would have received an additional $35k at the end of the season.

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how'd we get Kirkland again?
signed him as a UFA after he wasn't qualified by Nashville.
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Old 09-28-2020, 02:46 PM   #12
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I get that, but it just seems like there is no value in saying there is an AHL amount of 200k, if he will always get 300k no matter what, because even if in AHL the whole year he makes more than AHL salary. Or am i dense?
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Old 09-28-2020, 02:49 PM   #13
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Quote:
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I get that, but it just seems like there is no value in saying there is an AHL amount of 200k, if he will always get 300k no matter what, because even if in AHL the whole year he makes more than AHL salary. Or am i dense?
You're right, in a sense. But if you're asking why not just call it a $300k AHL salary and be done with it? Because if a player gets called up to the NHL for long enough, the "minimum guaranteed salary" provision may no longer apply.

Teams pay guys on blended contracts at a $200k rate per day in the AHL unless they make enough additional money in the NHL to get to the $300k mark. The $200k is just a rate of pay, that's all. Guys on two-way $700k/$200k contracts earn at a $200k rate plus the $700k rate for days they spend in the NHL; if it were a simple $700k/$300k two-way deal, they'd be earning at a $300k rate plus the $700k rate for days they spend in the NHL.
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Old 09-28-2020, 02:52 PM   #14
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I get that, but it just seems like there is no value in saying there is an AHL amount of 200k, if he will always get 300k no matter what, because even if in AHL the whole year he makes more than AHL salary. Or am i dense?
It's to do with the rate of pay.

Say a player makes 700k in the NHL, and 200k in the AHL and spend half the season in each league. That player would make about 450k.

If a player makes 700k and 100k in the AHL, with a guarantee of 200k and spent half of the season in each league, he's only make 400k.
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Old 09-28-2020, 04:24 PM   #15
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What is this, some cheap rip off of the ferklund brand?
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Old 09-28-2020, 04:29 PM   #16
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What is this, some cheap rip off of the ferklund brand?
with better pizza and tortierre at Christmas time.
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Old 09-28-2020, 06:06 PM   #17
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with better pizza and tortierre at Christmas time.
tourtiere
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Old 09-28-2020, 06:27 PM   #18
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how'd we get Kirkland again?
FA signing before this past season.
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Old 09-28-2020, 06:49 PM   #19
Jiri Hrdina
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how'd we get Kirkland again?
In bulk.
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Old 09-28-2020, 06:58 PM   #20
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Kirkland is likely just as good as a lot of more expensive and bigger names out there.
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