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Forums :: Blog World :: Zach Jarom: Rocky Wirtz Passes Away
Author Message
Revco38
Chicago Blackhawks
Location: Wherever I leave my hat
Joined: 07.26.2006

Jul 26 @ 6:41 PM ET
Murray (Toronto) ruled out for the season, on LTIR (how convenient). Leafs still about 2 million over the cap.



ObeseOprah
Chicago Blackhawks
Joined: 01.17.2014

Jul 26 @ 6:47 PM ET
Yep yep yep, or at least make them beneficiaries on all of your accounts, so at least the investment and bank accounts go straight to them.
- BetweenTheDots

All retirement accounts (401k, IRA, pension, etc) will have a transfer on death stipulation that sends it directly to who you have named. Other assets should get put into a trust with clear directions and an attorney housing it who your heirs will call when you pass. Do not assume bank accounts or other non-retirement accounts will work themselves out. Avoid probate court like Athanasiou avoids finishing.
Elbows15
Chicago Blackhawks
Location: I was going to do the math on this but I don't think it will help., IL
Joined: 08.04.2013

Jul 26 @ 6:59 PM ET
Rocky never wrested control from Peter. It was all laid out by Arthur Wirtz that Rocky would be next in line after $Bill.

Considering Rocky was the one who was the spearhead for the beverage company becoming the 3rd largest in the world, the family may be best served by just continuing to reap the rewards.

Like has been mentioned, I am sure there was a plan in place in the event of Rocky's untimely death. You don't keep the wealth the Wirtz family has without several plans.
Elbows15
Chicago Blackhawks
Location: I was going to do the math on this but I don't think it will help., IL
Joined: 08.04.2013

Jul 26 @ 7:01 PM ET
You think? Never really heard what happened with the last transfer of power but it sounded like it was pretty much a foregone conclusion that Peter would be running the Hawks...and then he wasn't.

From what I know of that turned out to be a good thing. Obvs don't know any of these people but from things I read at the time, if Peter had taken the helm from $Bill, it sounds like it would've been business as usual.

- HawkintheD

It was foregone by those outside the family. Rocky knew he was taking over. So did Peter.
paulr
Chicago Blackhawks
Location: YYZ
Joined: 06.26.2011

Jul 26 @ 7:01 PM ET
Murray (Toronto) ruled out for the season, on LTIR (how convenient). Leafs still about 2 million over the cap.
- Revco38

The other day the Leafs were $12.3M over the cap. Did another transaction occur to get them to $2M over?
Elbows15
Chicago Blackhawks
Location: I was going to do the math on this but I don't think it will help., IL
Joined: 08.04.2013

Jul 26 @ 7:15 PM ET
The other day the Leafs were $12.3M over the cap. Did another transaction occur to get them to $2M over?
- paulr

Muzzin being on LTIR. I don't think he was included in the original estimate.
BGKarras
Chicago Blackhawks
Location: Itasca, IL
Joined: 06.19.2012

Jul 26 @ 7:42 PM ET
I feel that people struggle to differentiate between a bad person and a good person who did something bad (or made a bad choice). None of us are good people who only make the best choices. With a public figure like Mr. Wirtz we'll never know all the details of their lives. While we shouldn't ignore the bad decisions a good person makes, I don't feel we should let it define them or overshadow the good they've done. There's always nuances of course, but we need to view each situation in context.

Mr. Wirtz has made some tremendous contributions to his community and bringing the Blackhawks back to relevance. Not only did that bring happiness and excitement to the fan base, but it also created jobs and helped improve the quality of life for many families. Yes, the Wirtz family made money along the way too, but that's how corporations work and there's nothing wrong with that.

I don't have an issue with reporters including the Kyle Beach situation, but when the report focus on this issue or is dominating the report I think that's ignoring the great work Mr. Wirtz has done.

Report the good and the bad, in proper context to who the person is.

- DarthKane

This 100%!!! Well said darth
Revco38
Chicago Blackhawks
Location: Wherever I leave my hat
Joined: 07.26.2006

Jul 26 @ 9:41 PM ET
Athletic 10 worst NHL contracts 2023 edition- our man Seth at #1


https://theathletic.com/4...-jones-parayko-huberdeau/
paulr
Chicago Blackhawks
Location: YYZ
Joined: 06.26.2011

Jul 26 @ 9:54 PM ET
Athletic 10 worst NHL contracts 2023 edition- our man Seth at #1


https://theathletic.com/4...-jones-parayko-huberdeau/

- Revco38

Shocking!!
Revco38
Chicago Blackhawks
Location: Wherever I leave my hat
Joined: 07.26.2006

Jul 26 @ 10:04 PM ET
Athletic 10 worst NHL contracts 2023 edition- our man Seth at #1


https://theathletic.com/4...-jones-parayko-huberdeau/

- Revco38


For those without a subscription:



Contract: $9.5M x seven years
Surplus Value: -$41.0M
Positive Value Probability: 12 percent

In 2017-18, Seth Jones was one of the best defensemen on the planet. He scored 57 points and was on the ice for 57 percent of Columbus’ goals at five-on-five — all in tough minutes. He finished fourth in Norris voting as a 23-year-old and it felt like bigger things were on the horizon.

That was six seasons ago and the only bigger thing that came was an oversized contract Jones was unlikely to live up to — a contract in which Jones was being paid like the player he was in 2017-18 for a single season and not the one he was at the time, or the one he was likely to be in his 30s. With seven years remaining, Jones is already pretty far away from the player he’s paid to be — a bonafide No. 1 defenseman — and that’s only expected to get worse as the contract ages.

Jones’ reputation and results have been at odds ever since the sparkling season. There’s a good argument to be made that current public analytics underrate his value as a puck-moving workhorse defenseman who makes life easier for the rest of defense corps; that his poor results are a function of his environment. Last year especially held some merit to that argument given he posted the highest expected goal impact relative to teammates of his career.

At the same time, it’s not hard to look good when being compared to one of the worst teams we’ve ever seen. And the reason the team is so bad is partially because Jones is the guy at the top of the lineup, a spot he arguably isn’t capable of holding anymore on a competitive team. That Jones is even in Chicago in the first place is because the Blackhawks made a big bet that Jones was indeed that guy. Right now they’re losing that bet as Jones has what looks to be the league’s worst contract.

That doesn’t mean there isn’t some hope here, though. Even if Jones earned the contract partially off a bloated reputation, that reputation didn’t arise out of thin air. Jones is a very toolsy player with a lot of skills that pop. He might not be capable of being The Guy, but with a better infrastructure of support, his talent should be able to shine more. Chicago is in the process of rebuilding that with a generational talent leading the charge.

Maybe that won’t ever be enough to be worth $9.5 million, but it might be enough to one day make this contract more stomach-able.
DarthKane
Chicago Blackhawks
Location: 5.13.4.9
Joined: 02.23.2012

Jul 26 @ 10:21 PM ET
Athletic 10 worst NHL contracts 2023 edition- our man Seth at #1


https://theathletic.com/4...-jones-parayko-huberdeau/

- Revco38


If Huberdeau has another season like last year he’ll be at the top of this list in short-order.
powerenforcer
Chicago Blackhawks
Location: Wheeling, IL
Joined: 09.24.2009

Jul 26 @ 10:44 PM ET
Vaxxed & boosted

Sad

- Goalie-33

LaBron James' son also.
BetweenTheDots
Chicago Blackhawks
Location: IL
Joined: 06.13.2015

Jul 26 @ 11:16 PM ET
For those without a subscription:



Contract: $9.5M x seven years
Surplus Value: -$41.0M
Positive Value Probability: 12 percent

In 2017-18, Seth Jones was one of the best defensemen on the planet. He scored 57 points and was on the ice for 57 percent of Columbus’ goals at five-on-five — all in tough minutes. He finished fourth in Norris voting as a 23-year-old and it felt like bigger things were on the horizon.

That was six seasons ago and the only bigger thing that came was an oversized contract Jones was unlikely to live up to — a contract in which Jones was being paid like the player he was in 2017-18 for a single season and not the one he was at the time, or the one he was likely to be in his 30s. With seven years remaining, Jones is already pretty far away from the player he’s paid to be — a bonafide No. 1 defenseman — and that’s only expected to get worse as the contract ages.

Jones’ reputation and results have been at odds ever since the sparkling season. There’s a good argument to be made that current public analytics underrate his value as a puck-moving workhorse defenseman who makes life easier for the rest of defense corps; that his poor results are a function of his environment. Last year especially held some merit to that argument given he posted the highest expected goal impact relative to teammates of his career.

At the same time, it’s not hard to look good when being compared to one of the worst teams we’ve ever seen. And the reason the team is so bad is partially because Jones is the guy at the top of the lineup, a spot he arguably isn’t capable of holding anymore on a competitive team. That Jones is even in Chicago in the first place is because the Blackhawks made a big bet that Jones was indeed that guy. Right now they’re losing that bet as Jones has what looks to be the league’s worst contract.

That doesn’t mean there isn’t some hope here, though. Even if Jones earned the contract partially off a bloated reputation, that reputation didn’t arise out of thin air. Jones is a very toolsy player with a lot of skills that pop. He might not be capable of being The Guy, but with a better infrastructure of support, his talent should be able to shine more. Chicago is in the process of rebuilding that with a generational talent leading the charge.

Maybe that won’t ever be enough to be worth $9.5 million, but it might be enough to one day make this contract more stomach-able.

- Revco38


Yea can't respect this list at all, where's Werenski or Karlsson, its like Elbows wrote it. Probably did, and Bob has a decent playoff but common 10mil per and he looked good only in the 2023 playoffs? Wtf


ObeseOprah
Chicago Blackhawks
Joined: 01.17.2014

Jul 26 @ 11:37 PM ET
Yea can't respect this list at all, where's Werenski or Karlsson, its like Elbows wrote it. Probably did, and Bob has a decent playoff but common 10mil per and he looked good only in the 2023 playoffs? Wtf
- BetweenTheDots

Can’t have the Norris trophy winner on the list. Article talks about it.
paulr
Chicago Blackhawks
Location: YYZ
Joined: 06.26.2011

Jul 26 @ 11:39 PM ET
Can’t have the Norris trophy winner on the list. Article talks about it.
- ObeseOprah

Besides Karlson gets tons of points ….
Ogilthorpe2
Season Ticket Holder
Chicago Blackhawks
Location: 37,000 FT
Joined: 07.09.2009

Jul 26 @ 11:46 PM ET
Can’t have the Norris trophy winner on the list. Article talks about it.
- ObeseOprah

Should’ve never been a Norris winner though. Should have that title revoked. He sucks.
BetweenTheDots
Chicago Blackhawks
Location: IL
Joined: 06.13.2015

Jul 27 @ 8:08 AM ET
Can’t have the Norris trophy winner on the list. Article talks about it.
- ObeseOprah


Yea because the folks that write these articles are the same morons who voted for him.
BetweenTheDots
Chicago Blackhawks
Location: IL
Joined: 06.13.2015

Jul 27 @ 8:11 AM ET
Besides Karlson gets tons of points ….
- paulr


San Jose 60 points
Blackhawks 59 points

Really is a joke
vabeachbear
Chicago Blackhawks
Location: Ft Courage - out in the middle of Indian Country, NC
Joined: 10.17.2011

Jul 27 @ 8:43 AM ET
Muzzin being on LTIR. I don't think he was included in the original estimate.
- Elbows15


When the Hawks were in these situations, they always had a problem, because they needed to be under the cap, and LTIR didn't count to reduce burden until day 2.

How do you deal with 10 mil extra on the first day of the season. I remember Hawks having to trade guys because of this rule, did it change?
BetweenTheDots
Chicago Blackhawks
Location: IL
Joined: 06.13.2015

Jul 27 @ 8:46 AM ET
https://twitter.com/The1T...thTy616S7sis1RK-iWKg&s=01

If anyone is interested
boilermaker100
Chicago Blackhawks
Joined: 06.23.2015

Jul 27 @ 8:50 AM ET
https://twitter.com/The1Tab/status/1684265382209519625?t=xhthTy616S7sis1RK-iWKg&s=01

If anyone is interested

- BetweenTheDots


Thanks Dot. Good to know.

New blog up also.
boilermaker100
Chicago Blackhawks
Joined: 06.23.2015

Jul 27 @ 8:56 AM ET
When the Hawks were in these situations, they always had a problem, because they needed to be under the cap, and LTIR didn't count to reduce burden until day 2.

How do you deal with 10 mil extra on the first day of the season. I remember Hawks having to trade guys because of this rule, did it change?

- vabeachbear


Added my 2 cents on the new blog.
Elbows15
Chicago Blackhawks
Location: I was going to do the math on this but I don't think it will help., IL
Joined: 08.04.2013

Jul 27 @ 10:27 PM ET
Athletic 10 worst NHL contracts 2023 edition- our man Seth at #1


https://theathletic.com/4...-jones-parayko-huberdeau/

- Revco38

easily
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