http://capgeek.com/recapture-calculator/

Will tell you what you want to know
- smkuchta

That's not 100% official though.

Kesler being so picky scares me, Shero isn't an idiot and usually does well.
- Nucker101

Meh, we have so many holes down the middle that if we get Sutter, Pouliot, and a 1st it's still not a bad deal. There are better ones to be had maybe but that's still a decent return. Also, think of all the cap space next year.

If we could swing another deal with Philly for Edler for one of their young C's I'd say that's some nice dealing by Gillis.

Thus should have been asked to Gillis but the media here kinda sucks.
- Nucker101

Farhan tweeted the recapture earlier today, or someone on the TSN page did with different scenarios.

Farhan tweeted the recapture earlier today, or someone on the TSN page did with different scenarios.
- golfingsince

Yes, but people are curious to know if the rules change if the team is eating his salary/cap hit. Is that deductible from the recapture? I'm guessing no...

Luongo was said to have no trade value by every non-canuck fan on this site. We got the #16 ranked prospect (source; Hockeys Future.com) and solid 3rd line center.

Even if both of them bust, we freed ourselves from an anchor of a contract that was thought to be unmovable.

I am not calling Gillis a genius by any means but Lu wasn't getting any better and wasn't going to win us a cup. The guy was great and the best goalie we ever had but honestly I would have been happy for a second round pick for him at this point.

Meh, we have so many holes down the middle that if we get Sutter, Pouliot, and a 1st it's still not a bad deal. There are better ones to be had maybe but that's still a decent return. Also, think of all the cap space next year.

If we could swing another deal with Philly for Edler for one of their young C's I'd say that's some nice dealing by Gillis.
- golfingsince

Philly may not have liked the price, hence the MacDonald deal. I'm not a fan of that return from Pitt personally. Sutter and Matthias are pretty similar to me, why not just re-sign Santorelli.

Sure, but some is circumstance.

Schneider outplayed Lou and he consequently demanded a trade. The return wasn't great, but the league took advantage of the situation due to the information being leaked, which could have come from Lou himself.

Torts, ya. Not a fan, like i said before, the toughness and defensive play was great, but the cost was worse. Alternatively who else was out there? Torts, Gulustzan* and Eakins. We got the former two......
- Whiskey-Tango

Yeah, all true. Some of it was forced. But it all started with that Luongo contract.

Hopefully, Horvat, Markstrom and Mattais prove to have some value, how those pieces play out in the next couple years will be the true test of these deals. We'll all see soon enough.

Yes, but people are curious to know if the rules change if the team is eating his salary/cap hit. Is that deductible from the recapture? I'm guessing no...
- Nucker101

I would say any salary the nucks pay goes toward their portion but who knows.

http://capgeek.com/recapture-calculator/

Will tell you what you want to know
- smkuchta

The actual calculator doesn't tell me much (it even stipulates that when a player is traded, it's an estimate).

The interesting part is:
"Per the CBA reached in January 2013, teams receiving a "cap advantage" from long-term contracts (defined as seven years or more and entered into prior to the execution of the new CBA) will be penalized in the event the player retires or "defects" from the NHL before the contract expires. A team receives a "cap advantage" when the player's actual salary exceeds his cap hit in a given year. Please note, contracts that fall under the "over-35" rule do not qualify for cap benefit recapture, the NHL has confirmed. In these cases, the team is charged with the player's full cap hit. "

And:
"IMPORTANT NOTES [ Edited June 2, 2013 ]: Teams do not receive a credit for net negative cap benefit (where cap hit exceeds salary over the course of the contract prior to retirement). However, in calculating net "cap advantage," teams do receive a credit for seasons in which cap hit exceeds salary "

If the CBA is written like the bolded part, the trades retaining salary could become interesting for these players

Yes, but people are curious to know if the rules change if the team is eating his salary/cap hit. Is that deductible from the recapture? I'm guessing no...
- Nucker101

Oh, I have no idea. In the grand scheme of thing though it can't make that much difference.

Yeah, all true. Some of it was forced. But it all started with that Luongo contract.

Hopefully, Horvat, Markstrom and Mattais prove to have some value, how those pieces play out in the next couple years will be the true test of these deals. We'll all see soon enough.
- moondawg

Send markstrom to ahl, I don't know who the goalie coach is there but every goalie then send up makes a goalie controversy for us

Luongo was said to have no trade value by every non-canuck fan on this site. We got the #16 ranked prospect (source; Hockeys Future.com) and solid 3rd line center.

Even if both of them bust, we freed ourselves from an anchor of a contract that was thought to be unmovable.

I am not calling Gillis a genius by any means but Lu wasn't getting any better and wasn't going to win us a cup. The guy was great and the best goalie we ever had but honestly I would have been happy for a second round pick for him at this point.
- smkuchta

Not entirely true, Canucks still taking on 15% of it each year.

The actual calculator doesn't tell me much (it even stipulates that when a player is traded, it's an estimate).

The interesting part is:
"Per the CBA reached in January 2013, teams receiving a "cap advantage" from long-term contracts (defined as seven years or more and entered into prior to the execution of the new CBA) will be penalized in the event the player retires or "defects" from the NHL before the contract expires. A team receives a "cap advantage" when the player's actual salary exceeds his cap hit in a given year. Please note, contracts that fall under the "over-35" rule do not qualify for cap benefit recapture, the NHL has confirmed. In these cases, the team is charged with the player's full cap hit. "

And:
"IMPORTANT NOTES
- nucks_94[ Edited June 2, 2013 ]: Teams do not receive a credit for net negative cap benefit (where cap hit exceeds salary over the course of the contract prior to retirement). However, in calculating net "cap advantage," teams do receive a credit for seasons in which cap hit exceeds salary "

If the CBA is written like the bolded part, the trades retaining salary could become interesting for these players

At worse you would probably add another 15% to the Canucks portion. Would you rather pay a portion of the re-capture or all of it? If they kept Lu they would pay all of it if they trade him they pay a portion, or you take the Philly route and the player gets a mysterious injury the last few years of his terrible contract....

I would say any salary the nucks pay goes toward their portion but who knows.
- Iggysbff

Yeah, I tried to look it up but can't find a definitive answer.

Not entirely true, Canucks still taking on 15% of it each year.
- LeftCoaster

810K/year is peanuts....a lot better than paying him 5.4mil for the next however many years

Oh, I have no idea. In the grand scheme of thing though it can't make that much difference.
- golfingsince

I think it can. They're eating around 1 million for each of the next 4 seasons. That would be almost 4 million in savings right there.

810K/year is peanuts....a lot better than paying him 5.4mil for the next however many years
- smkuchta

Hopefully the cap continues to increase.

I think it can. They're eating around 1 million for each of the next 4 seasons. That would be almost 4 million in savings right there.
- Nucker101

That is real dollars, the only thing that matters is cap dollars (well real dollars might matter to Aquilini). Real dollar hit is ~1mil/year for the next 4 years but cap hit dollars is 810k until he retires at which point the cap recapture comes into play

I think it can. They're eating around 1 million for each of the next 4 seasons. That would be almost 4 million in savings right there.
- Nucker101

It's closer to 3 million, and actually works out to about 5% of his total contract or maybe 7 % of what he'll be paid by 2018. Really not much in the grand scheme of things.

That is real dollars, the only thing that matters is cap dollars (well real dollars might matter to Aquilini). Real dollar hit is ~1mil/year for the next 4 years but cap hit dollars is 810k until he retires at which point the cap recapture comes into play
- smkuchta

My bad, so yea that would be around 3.2-3.4 million just for the first 4 years alone, and if he plays another season after that it would be around 4 million that could be deducted if allowed.

It's closer to 3 million, and actually works out to about 5% of his total contract or maybe 7 % of what he'll be paid by 2018. Really not much in the grand scheme of things.
- golfingsince

See my post above. 3.2-4.0 million deducted from recapture would definitely make a decent difference.

Philly may not have liked the price, hence the MacDonald deal. I'm not a fan of that return from Pitt personally. Sutter and Matthias are pretty similar to me, why not just re-sign Santorelli.
- Nucker101

I think Philly should be all over Kesler. He instantly puts them into a serious contender in the east. I've always felt the reason they always go after the prominent players and throw away their draft picks is simply because Snyder is getting old. You've got to figure he doesn't have many more years to see a cup back in Philly. I personally don't see Schenn ever becoming as good as Kesler and if that's the most important piece the Nucks want, they should do it without blinking.

That is real dollars, the only thing that matters is cap dollars (well real dollars might matter to Aquilini). Real dollar hit is ~1mil/year for the next 4 years but cap hit dollars is 810k until he retires at which point the cap recapture comes into play
- smkuchta

Right. What we are wondering is: Can the Canucks argue that the 810K they are applying against their cap until Lu retires be deducted from the cap savings that they received in the early years of Lu's contract (about 8.6M)

At this point I'm wondering if the Canucks could beat the Canadian women's Olympic team







#TankNation

I think Philly should be all over Kesler. He instantly puts them into a serious contender in the east. I've always felt the reason they always go after the prominent players and throw away their draft picks is simply because Snyder is getting old. You've got to figure he doesn't have many more years to see a cup back in Philly. I personally don't see Schenn ever becoming as good as Kesler and if that's the most important piece the Nucks want, they should do it without blinking.
- madmike71

Lets hope Snider/Homer are thinking the same. I'd love B.Schenn + 1st or B.Schenn + Laughton.