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Lou's not done yet... (trades with DET, CBJ, NSH, TBL)

Created by: cbach_4141
Team: 2018-19 New York Islanders
Initial Creation Date: Jul. 24, 2018
Published: Jul. 24, 2018
Salary Cap Mode: Basic
Description
Isles need to thin out their forward "depth" before season starts, and plan to be good in 2 years. Leverage that cap space!!!

Each of these deals uses a comparable deal so I shouldn't be terribly off base with the values.

Rasmussen plays in juniors again this year, joining Wahlstrom, Dobson, Bellows, Wilde as top prospects.

This team isn't going to be very good, but is setting itself up nicely for 2020 and beyond.
Trades
1.
NYI
  1. Callahan, Ryan
  2. 2019 1st round pick (TBL)
  3. 2020 3rd round pick (TBL)
  4. 2020 5th round pick (TBL)
Additional Details:
Did not include Kruger comp as Tampa would rather have the cap space for Point / Gourde extensions.
TBL
  1. Bernier, Steve
  2. Helgeson, Seth
  3. 2019 6th round pick (NYI)
Additional Details:
Using Hossa ($5.25M) as a base, where ARZ acquired Hinostroza, Oesterle and 3rd/5th rounders for Kruger, AHL F and 2 non prospects. Comparables are Gourde and Koukkouk, and I'd rather get the 1st round pick.
2.
NYI
  1. 2019 2nd round pick (NSH)
  2. 2019 3rd round pick (FLA)
  3. 2021 1st round pick (NSH)
Additional Details:
Bailey gives good secondary scoring to a cup contender. 1st round pick is 3 years removed.
NSH
  1. Bailey, Josh ($1,500,000 retained)
Additional Details:
Comp: Brayden Schenn trade for Lehtera, 2 1sts. Comparable $ ($5M) and term (4 yrs vs. 6 yrs). Retained $ and removing Lehtera from deal. Downgraded from 2 1sts to account for extra term and lesser skill from Bailey v. Schenn.
3.
NYI
  1. 2020 5th round pick (CBJ)
Additional Details:
Torts seems like a grit and sandpaper guy.
CBJ
  1. Clutterbuck, Cal ($1,750,000 retained)
  2. 2020 6th round pick (NYI)
Additional Details:
Using Nick Cousins deal as a comp (2 non-prospects and a 5th). Cousins had 3 years @ $1M remaining; retaining on clutter to get closer to that #. Reducing return to accommodate difference in skill level and salary.
4.
NYI
  1. Franzen, Johan
  2. Rasmussen, Michael
Additional Details:
DET needs to dump salary to resign Larkin
DET
  1. 2020 4th round pick (NYI)
  2. 2021 4th round pick (NYI)
Additional Details:
Comparable is Bickell deal ($4M for 3 years) + Teuvo for 2nd & 3rd round picks. Rasmussen is Teuvo comp but less established, hence return is less.
Buyouts
Retained Salary Transactions
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2019
Logo of the NYI
Logo of the TBL
Logo of the CGY
Logo of the NSH
Logo of the FLA
Logo of the NYI
Logo of the NYI
2020
Logo of the NYI
Logo of the NYI
Logo of the TBL
Logo of the NYI
Logo of the NYI
Logo of the TBL
Logo of the CBJ
Logo of the NYI
2021
Logo of the NYI
Logo of the NSH
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
Logo of the NYI
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
23$79,500,000$67,604,166$0$825,000$11,895,834
Left WingCentreRight Wing
$3,750,000$3,750,000
LW
UFA - 1
$863,333$863,333 (Performance Bonus$400,000$400K)
C, RW
UFA - 2
$6,000,000$6,000,000
RW
UFA - 1
$894,167$894,167 (Performance Bonus$212,500$212K)
RW, LW
UFA - 1
$4,250,000$4,250,000
C, LW
UFA - 1
$5,500,000$5,500,000
LW
NTC
UFA - 5
$2,000,000$2,000,000
C
UFA - 1
$863,333$863,333 (Performance Bonus$212,500$212K)
RW, C
UFA - 1
$2,750,000$2,750,000
C, LW
NMC
UFA - 1
$3,350,000$3,350,000
C
UFA - 3
$3,000,000$3,000,000
RW, LW, C
M-NTC
UFA - 4
$1,000,000$1,000,000
LW
UFA - 4
$5,800,000$5,800,000
RW
M-NTC, NMC
UFA - 2
$2,500,000$2,500,000
LW, RW
UFA - 2
Left DefenseRight DefenseGoaltender
$2,750,000$2,750,000
LD
UFA - 4
$6,000,000$6,000,000
RD
NMC
UFA - 4
$1,500,000$1,500,000
G
UFA - 1
$2,500,000$2,500,000
LD
UFA - 4
$2,000,000$2,000,000
RD
UFA - 2
$3,333,333$3,333,333
G
UFA - 2
$700,000$700,000
LD
UFA - 2
$1,450,000$1,450,000
RD
UFA - 5
$1,600,000$1,600,000
LD
UFA - 3
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
$3,954,545$3,954,545
RW, LW
UFA - 2

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Jul. 24, 2018 at 12:00 p.m.
#1
arky
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Franzen on LTIR does not hurt wings, so why even make the trade. They can still sign Larkin and keep Rasmussen and put Franzen on LTIR.
Jul. 24, 2018 at 12:13 p.m.
#2
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Quoting: mikearky
Franzen on LTIR does not hurt wings, so why even make the trade. They can still sign Larkin and keep Rasmussen and put Franzen on LTIR.


I think it depends on how much you think Larkin is going to sign for. Franzen will only get a percentage of his salary knocked off against the cap. Plus, there are timing aspects if DET wants to make additional moves.
Jul. 24, 2018 at 12:14 p.m.
#3
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it does hurt them because you have to be under the cap before the season starts and cant place franzen on LTIR until the season starts.
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Jul. 24, 2018 at 12:35 p.m.
#4
Ryan
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Quoting: cbach_4141
I think it depends on how much you think Larkin is going to sign for. Franzen will only get a percentage of his salary knocked off against the cap. Plus, there are timing aspects if DET wants to make additional moves.


Franzens entire salary comes off. It has for the past 3 years.
Jul. 24, 2018 at 1:13 p.m.
#5
Wannabe Leafs GM
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First and foremost, cbach, this post is amazing! I love the explanation on the trades. I love the value going back. Nothing is even questionable enough, like some people asking why do the cap dumb. This is truly, very well done man. There is nothing I would change, and best of all, this looks like a Leafs style rebuild. Which clearly works by the way, and you have Lou running it. If I was NYI I would literally look at this thread.
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Jul. 24, 2018 at 1:39 p.m.
#6
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Holland would never be stupid enough to make this trade. You "dump" Nyquist or AA salary if we have to for less than face value rather than trading away one of his top prospects to free up a contract going on LTIR anyway. Also, Callahan has to waive to get moved and I doubt he wants to come to NYI if they are clearly trying to tank. Otherwise it's well thought out, I just have issue with the TBL and DET trades
Jul. 24, 2018 at 1:41 p.m.
#7
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Quoting: Davisoc
First and foremost, cbach, this post is amazing! I love the explanation on the trades. I love the value going back. Nothing is even questionable enough, like some people asking why do the cap dumb. This is truly, very well done man. There is nothing I would change, and best of all, this looks like a Leafs style rebuild. Which clearly works by the way, and you have Lou running it. If I was NYI I would literally look at this thread.


ya Retweet this guy did good. Only thing is that the comp between Hossa and Callahan is slightly off because hossa will never play again while callahan is still a roster player. Not sure if that actually makes it better or worse but i feel if u can afford to take callahan salary he really isnt that bad of depth player.
Jul. 24, 2018 at 1:55 p.m.
#8
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Quoting: theturnaround
ya Retweet this guy did good. Only thing is that the comp between Hossa and Callahan is slightly off because hossa will never play again while callahan is still a roster player. Not sure if that actually makes it better or worse but i feel if u can afford to take callahan salary he really isnt that bad of depth player.


I guess the issue with Callahan is that he cannot stay healthy. I pretty sure he has only played around 80 games in two season and only got just over 20 points. He may help your dressing room but he is the most expensive fourth liner that cannot play against higher quality players without getting injured. Its a shame because he really was great in NY.
Jul. 24, 2018 at 3:25 p.m.
#9
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Quoting: pavelisgoat
Holland would never be stupid enough to make this trade. You "dump" Nyquist or AA salary if we have to for less than face value rather than trading away one of his top prospects to free up a contract going on LTIR anyway. Also, Callahan has to waive to get moved and I doubt he wants to come to NYI if they are clearly trying to tank. Otherwise it's well thought out, I just have issue with the TBL and DET trades


Callahan has waived NTC / NMC before, was my thinking.
Jul. 24, 2018 at 3:35 p.m.
#10
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Quoting: RC_Tendy
Franzens entire salary comes off. It has for the past 3 years.


It comes off if you LTIR once the season starts and if you are over the cap. DET needs to be under the cap when season starts and still needs to sign Larkin, who I don't think comes cheap. Some of the other suggestions (Nyquist for pennies on the dollar) might make some sense as well, but I don't think Holland is in full rebuild mode - hence the Bernier signing.
Jul. 24, 2018 at 7:03 p.m.
#11
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Quoting: cbach_4141
I think it depends on how much you think Larkin is going to sign for. Franzen will only get a percentage of his salary knocked off against the cap. Plus, there are timing aspects if DET wants to make additional moves.


Dude you can be 10% over the cap during thee summer, Detroit has always gotten Franzens full LTIR off and if Z is done Detroit can put Franzen on LTIR after training camp. That right there will clear any overage.
Jul. 26, 2018 at 10:12 a.m.
#12
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Quoting: Larkinisking
LMFAO I just love how these so called fans, Keep thinking that Detroit needs to shed good prospects to be cap compliant. First off dude get serious Rasmussen is a #9 overall pick and you only offer us 2 garbage 4th round picks for both Franzen that doesn't cost us any thing and Rasmussen. Get real you don't know our situation? There's a good chance that Zetterberg might be done if that's the can we're fine Holland is good at manipulating the cap and he said that there will be no trades needed to be made. Pretty sure he know's our situation a whole lot better then you. This is a royal joke. And you don't know what you're talking about here.


Wow, not sure where this hostility is coming from, but ok.
Jul. 26, 2018 at 1:33 p.m.
#13
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Quoting: Larkinisking
LMFAO I just love how these so called fans, Keep thinking that Detroit needs to shed good prospects to be cap compliant. First off dude get serious Rasmussen is a #9 overall pick and you only offer us 2 garbage 4th round picks for both Franzen that doesn't cost us any thing and Rasmussen. Get real you don't know our situation? There's a good chance that Zetterberg might be done if that's the can we're fine Holland is good at manipulating the cap and he said that there will be no trades needed to be made. Pretty sure he know's our situation a whole lot better then you. This is a royal joke. And you don't know what you're talking about here.


Current situation: not including Larkin (since he doesn’t have a contract), DET currently has 13 F, 6 D, and 2 G signed to contracts right now. That’s 21 rostered contracts (which differs from CapFriendly’s number, oddly) with projected cap space of $2,827,956.

Let’s assume DET signs Larkin to a 6 yr $6M AAV deal. Those numbers become 22 contracts and ($3,172,044) over the cap.

Detroit still needs to add a 23rd contract to fill out the roster. Let’s bring up whomever this Wade Megan guy is, at a cost of $650,000 AAV. Those numbers become 23 contracts (hooray! A full team!) and ($3,822,044) over the cap.

Detroit then finds itself close to the Chris Pronger situation outlined in this article here: http://thehockeyguys.net/timing-is-everything-maximizing-ltir-benefits/. Detroit, it seems, has one of two options:
1. Place Franzen on LTIR prior to opening day, in which case only $3,822,044 gets added to the cap upper limit. At this point, DET is EXACTLY at the cap number.
2. Do something like put Darren Helm and his $3.850M cap hit on waivers in order to become cap compliant, THEN put Franzen on LTIR after opening day for the full hit of $3,954,545 and bring Helm back. DET will be ($79.5 - $3,954,545 + $3,850,000) = $79,395,455 (or $105K under the cap).
For the sake of argument, these two options are largely a wash. However, no matter which option is chosen, any future upgrades, callups, injury replacements, etc. would be SERIOUSLY hampered against the cap number.
• If DET wanted to send down Wade Megan and call up Filip Zadina, there would need to be a corresponding roster move due to the differences in salaries ($650K - $925K).
• If someone gets hurt, they would immediately need to be put on LTIR in order to have the roster space filled. I remember LAK being in a similar situation a few years back.

I’d be interested to hear how your knowledge of LTIR and salary cap means that I “don’t know your situation” and “don’t know what I’m talking about here”. But unless you provide some evidence to the contrary, I don’t think LTIR works the way you think it does.

I admit – Holland probably would find other ways around including selling Nyquist or Howard for pennies on the dollar just to get rid of them. As I showed from recent history, a comparable strict cap dump cost the Blackhawks Teravainen.

This process would work the same even if Zetterberg is placed on LTIR as well.
 
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