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CanuckDon
Vancouver Canucks |
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Location: Las Vegas Joined: 08.05.2014
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Nighthawk
Vancouver Canucks |
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Location: Canuckville, BC Joined: 01.09.2015
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boonerbuck
Vancouver Canucks |
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Location: Not Quesnel, BC Joined: 10.11.2005
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neem55
Vancouver Canucks |
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Joined: 02.02.2012
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- A_SteamingLombardi
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Nighthawk
Vancouver Canucks |
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Location: Canuckville, BC Joined: 01.09.2015
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neem55
Vancouver Canucks |
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Joined: 02.02.2012
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The more I seen people (Nighthawk ) penciling in Rathbone I thought don't be so sure. It is a good year to develop OJ , send Rathbone to AHL to develop more and have two good young Dmen . I think Briesbois should get a look at # 7/8 - VANTEL
Rathbone is replacing Hughes, didn’t you hear? |
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Nighthawk
Vancouver Canucks |
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Location: Canuckville, BC Joined: 01.09.2015
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Rathbone is replacing Hughes, didn’t you hear? - neem55
When or where is Hughes going? |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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My 2nd Ex-Wife said "you have to stop worrying about things you can't control". And there is a moral to the story. - Benny Blanco
There's no worry. |
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Nighthawk
Vancouver Canucks |
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Location: Canuckville, BC Joined: 01.09.2015
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There's no worry. - manvanfan
Don’t sweat the petty things
Pet the sweaty things |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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Don’t sweat the petty things
Pet the sweaty things - Nighthawk
ummmmmmm...........
People still get so worked up over the smallest things in here. It's just conversation.
Very much dog days of summer in here for sure.
Trolling and fighting over dumbest things. |
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NewYorkNuck
Vancouver Canucks |
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Location: New York, NY Joined: 07.11.2015
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It's the Athletic, I wouldn't be to concerned what they think. - Reubenkincade
*Proceeds to post from Canucks Army*
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NewYorkNuck
Vancouver Canucks |
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Location: New York, NY Joined: 07.11.2015
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*** Trigger Warming ***
From Dayal over at the Athletic, talking about how the Ferland LTIR actually works for/against/with the cap:
How much space do the Canucks have left to sign Elias Pettersson and Quinn Hughes?
In the aftermath of Richardinson’s signing, fans online began trying to figure out exactly how much the Canucks can commit to RFAs Pettersson and Hughes.
People arrived at different numbers, as there was confusion about how, exactly, the long-term injured reserve (LTIR) relief for Micheal Ferland’s contract works. This is where things are more complicated than they appear on the surface. I’m going to do my best to explain this as clearly as possible, but fair warning: It gets complex. It’s an important topic important to dive into, though, because it directly affects the club’s wiggle room for the star RFAs.
Contrary to popular belief, placing a player like Ferland on LTIR does not remove his cap hit — his $3.5 million always remains on Vancouver’s cap payroll and continues to count on the books as normal. Here’s what changes: When he gets placed on LTIR, the Canucks are granted a relief pool that allows them to exceed the $81.5 million salary cap. The amount they can spend over the cap is not automatically equivalent to Ferland’s $3.5 million cap hit; it’s calculated on the day he’s put on LTIR based on how close Vancouver is to the cap.
For example, let’s say a team is spending $80 million against the cap and has an injured player with a $5 million cap hit whom it needs to place on LTIR. This team isn’t automatically allowed to spend $5 million over the cap. It is granted a relief pool equivalent to the amount by which it needs to exceed the cap. Because the team already has $1.5 million in space in this hypothetical setup, it’s allowed to spend only to $85 million (in other words, the team was allowed to capture only $3.5 million of the injured player’s $5 million cap hit as LTIR relief).
In practical terms, this means that it’s best to get as close as possible to the $81.5 million cap ceiling on the day a player is put on LTIR in order to maximize the relief. This is why you’ll often see teams manipulate their rosters with one-day paper transactions and such before an LTIR placement.
For the Canucks, the timing for placing Ferland on LTIR going into the season will make a crucial difference in how much flexibility they have to re-sign Pettersson and Hughes.
They essentially have two main options:
• OPTION 1: Submit an opening-day roster with Ferland not on LTIR. In other words, be under the cap with Pettersson and Hughes’ deals plus Ferland’s cap hit and then place him on LTIR after.
• OPTION 2: If the Canucks are over the cap and need LTIR relief right away, they can place Ferland on LTIR before opening-day rosters are submitted.
It’s better to be cap-compliant before needing LTIR relief for in-season roster flexibility, so the first option is definitely superior. Last year, for example, the Canucks papered Nils Höglander down to the AHL when submitting their opening-day roster because it allowed them to stay under the $81.5 million mark and follow Option 1.
Why does all of this matter for Pettersson and Hughes’ contracts? Well, the Canucks can spend just over $16 million on Pettersson and Hughes, but that figure is predicated on their following Option 2, under which they would enter the season over the cap and would need to place Ferland on LTIR before opening-day rosters are submitted in order to be cap-compliant. Option 2 is more restrictive for making day-to-day roster moves because you’re automatically using 100 percent of the relief pool you get from LTIR.
Let’s walk through a scenario: Suppose the Canucks sign Pettersson and Hughes to more expensive extensions and submit an opening-day roster that’s at $84.9 million including Ferland’s contract. Vancouver would be $3.4 million over the cap, so they would have to place Ferland on LTIR before submitting the opening-day roster. Because of Ferland’s LTIR relief, Canucks would be allowed to run this new upper limit of $84.9 million. But remember: Ferland’s cap hit doesn’t disappear even when he’s LTIR, so although the Canucks would be cap-compliant, they also would have literally zero cents in wiggle room.
The only way to clear additional room during the season would be to manufacture it through a trade, waivers or loaning a player. This has the potential to cause headaches when injuries strike, as a team might not have the cap space to recall players or even claim someone off waivers. For instance, there were parts of last season when we suspected that the Canucks were unable to play Olli Juolevi and had to keep him on the taxi squad because they didn’t have the requisite cap space. And remember, that was last season, when the team wasn’t even using the more restrictive second LTIR option for Ferland.
Let’s contrast that with a hypothetical scenario using Option 1. If Vancouver submitted an opening-day roster that’s at $81.4 million including Ferland’s cap hit, the Canucks could place him on LTIR afterward and be allowed to spend to the same $84.9 million ceiling. The difference is that because they were cap-compliant, including Ferland’s cap hit, they’re not spending to that $84.9 million ceiling — meaning that they’ll actually have some money to play around with during the season.
The Canucks will need to do intricate modelling and run through mock in-season scenarios to analyze whether they’re comfortable running with the second LTIR option. Other teams have done it, including the Tampa Bay Lightning, but one former cap strategist for an NHL team warned that there are nuances to Tampa’s situation and that the Canucks would be walking a narrow tightrope by following it. So although the Canucks technically have around $16.3 million in space to sign Pettersson and Hughes, it may not be prudent to use all of it because they could wind up with extremely limited roster flexibility during the season.
How much cap space would the Canucks have to re-sign Pettersson and Hughes if they want to follow the first LTIR option?
My modelling has them at just shy of $13 million, which can be bumped up to the $14.5 million-to-$15 million range if they submit an opening-day roster with fewer than 23 players.
Internally, meanwhile, the Canucks front office believes it has around $15 million to $16 million available to extend Pettersson and Hughes. But again, that $16 million could require placing Ferland on LTIR before opening-day rosters are submitted, which might or might not be practical for the club.
It’s going to be up to the Canucks’ collective bargaining agreement and cap experts to walk through mock LTIR scenarios to determine an exact budget for Pettersson and Hughes within the monetary range they believe they have available.
Based on this general range, however, one would think that the Canucks likely have space to give a long-term deal to only one of them. |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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*Proceeds to post from Canucks Army*
- NewYorkNuck
I want to know the top 50.
Just kidding.
I don't think that Podz at 39 isn't unreasonable. He was drafted in 19, there has been 2 drafts since. |
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NewYorkNuck
Vancouver Canucks |
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Location: New York, NY Joined: 07.11.2015
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I want to know the top 50.
Just kidding.
I don't think that Podz at 39 isn't unreasonable. He was drafted in 19, there has been 2 drafts since. - manvanfan
Pod at 39
Rathbone at 47
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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*** Trigger Warming ***
From Dayal over at the Athletic, talking about how the Ferland LTIR actually works for/against/with the cap: - NewYorkNuck
If JB can't get EP and QH both on long term for under 16M. Maybe Canucks need to get Gillis back. |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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Pod at 39
Rathbone at 47
- NewYorkNuck
Klmivich didn't make the list?
There is going to be some very interesting battles at camp. |
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NewYorkNuck
Vancouver Canucks |
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Location: New York, NY Joined: 07.11.2015
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Klmivich didn't make the list?
There is going to be some very interesting battles at camp. - manvanfan
Nah, don't think Wheeler was too high on him, so of all the prospects since 2017 (earliest draftees on the list) that haven't made the show, I don't think he's having him in the top 50. |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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Nah, don't think Wheeler was too high on him, so of all the prospects since 2017 (earliest draftees on the list) that haven't made the show, I don't think he's having him in the top 50. - NewYorkNuck
I don't think too many were except the Canucks.
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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Vancouver Canucks Acquire:
2018 6th round pick (WSH - #186 - Artyom Manukyan)
2019 6th round pick (WSH - #180 - Jack Malone)
Washington Capitals Acquire:
2018 6th round pick (VAN - #161 - Alex Kannok-Leipert)
Abbotsford ends up with him |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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John Scott on Petey saying he wants to play for a winning team
Pettersson's been in the league 3 years. He's a baby. This is not a veteran. For him to come out with these comments is very striking, if he's already talking about jumping ship.
I would agree. All players want to win but if Petey wants a big contract, he better round out his game.
I could see after 6 seasons like Eichel where he's never seen the playoffs. To make a comment like that after just getting off your ELC.
Hopefully he's taken his time off to improve. |
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How come none of you number crunchers haven't figured out what the max can we pay our RFA's?
With LTR and all the in's and outs, what's the max we could pay realistically.
(is 9 mill each for both possible?)
- WelfareWerewolf
9 Mil is out of reach ( thank Gawd) . 9 and 8 is doable but why would you? Horrible idea and you are locking yourself in to further complications.
If they took the bridge deals of 7 and 6 it would leave you the ability to add on a player like Palmeri (or someone) in the 3 mil range short term. They want to win and they want to get overpaid also and that does not usually work out well.
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DariusKnight
Vancouver Canucks |
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Location: "The Alien has landed in Vancouver!" Joined: 03.09.2006
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9 Mil is out of reach ( thank Gawd) . 9 and 8 is doable but why would you? Horrible idea and you are locking yourself in to further complications.
If they took the bridge deals of 7 and 6 it would leave you the ability to add on a player like Palmeri (or someone) in the 3 mil range short term. They want to win and they want to get overpaid also and that does not usually work out well. - VANTEL
I think they want EP locked up long term and QH on a bridge deal. EP is who they're going to try to build around so it would make sense to lock him up as long as they can right now at a reasonable rate. I could see him taking a MacKinnon-like deal 7.5x8 and QH getting maybe 6-6.5x3. That's fairly doable with the cap space available.
I'm also curious as their intentions with Boeser since he's now up this year, would he sign long term at or slightly more than his QO (7~ mil I believe) or is he going to hold out for more money and if so, is it time to move on from him in that case because you have Hog and Pod on ELCs that could conceivably replace his offense and a trade might give you an embarrassment of riches for him. |
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manvanfan
Vancouver Canucks |
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Location: MB Joined: 01.21.2012
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I think they want EP locked up long term and QH on a bridge deal. EP is who they're going to try to build around so it would make sense to lock him up as long as they can right now at a reasonable rate. I could see him taking a MacKinnon-like deal 7.5x8 and QH getting maybe 6-6.5x3. That's fairly doable with the cap space available.
I'm also curious as their intentions with Boeser since he's now up this year, would he sign long term at or slightly more than his QO (7~ mil I believe) or is he going to hold out for more money and if so, is it time to move on from him in that case because you have Hog and Pod on ELCs that could conceivably replace his offense and a trade might give you an embarrassment of riches for him. - DariusKnight
Barzal got 7M on a 3 year bridge deal and you want 5 extra years for 500K a season. Yikes.
Mackinnon had the same amount of points as Petey does when he signed that deal. Except Mackinnon played in 218 games vs Petey's 165.
Mackinnon wasn't as great as he is now when he signed his deal.
Edit: Plus that Mackinnon's cap percentage would be 7M now compared to when he signed. |
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