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Buying Out Bobby Ryan Made No Sense

Created by: Leafs_and_Sens_Fan
Team: 2020-21 Ottawa Senators
Initial Creation Date: Sep. 22, 2020
Published: Sep. 26, 2020
Salary Cap Mode: Basic
Description
They should have just let him play out the last 2 years of his contract. This just shows the Sens won't be taking on contracts for picks.
Free Agent Signings
RFAYEARSCAP HIT
4$3,500,000
2$2,500,000
4$3,500,000
2$800,000
3$1,500,000
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DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2020
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2021
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2022
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ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
20$81,500,000$53,798,332$0$4,662,500$27,701,668
Left WingCentreRight Wing
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$925,000$925,000 (Performance Bonus$2,500,000$2M)
LW
UFA - 1
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$3,500,000$3,500,000
C
UFA - 2
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$3,500,000$3,500,000
RW, LW
UFA - 3
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$2,500,000$2,500,000
LW, RW
UFA - 1
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$863,333$863,333 (Performance Bonus$710,000$710K)
C, LW
RFA - 1
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$4,750,000$4,750,000
C, RW
UFA - 5
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$747,500$747,500 (Performance Bonus$132,500$132K)
LW
RFA - 2
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$1,500,000$1,500,000
C, LW
UFA - 2
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$736,666$736,666 (Performance Bonus$20,000$20K)
RW, LW
UFA - 1
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$3,000,000$3,000,000
RW, LW, C
M-NTC
UFA - 2
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$4,550,000$4,550,000
C, LW
UFA - 1
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$800,000$800,000
LW, RW
UFA - 1
Left DefenseRight DefenseGoaltender
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$8,000,000$8,000,000
LD
UFA - 8
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$6,000,000$6,000,000
RD
M-NTC
UFA - 2
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$700,000$700,000
G
UFA - 1
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$1,500,000$1,500,000
LD
UFA - 1
Logo of the Ottawa Senators
$925,000$925,000 (Performance Bonus$850,000$850K)
RD
UFA - 1
Logo of the Ottawa Senators
$2,600,000$2,600,000
G
UFA - 1
Logo of the Ottawa Senators
$900,000$900,000
LD
UFA - 1
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$863,333$863,333 (Performance Bonus$450,000$450K)
LD/RD, LW
RFA - 2
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
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$4,875,000$4,875,000
RW
UFA - 1

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Sep. 26, 2020 at 1:09 a.m.
#1
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Makes sense when you consider his NMC and required protection in the expansion draft next summer.
Sep. 26, 2020 at 1:20 a.m.
#2
TheBulinWall
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They're preparing for cap dumps this offseason
Sep. 26, 2020 at 1:21 a.m.
#3
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Quoting: BulinWall
They're preparing for cap dumps this offseason


You know who the owner is right?
Sep. 26, 2020 at 8:36 a.m.
#4
Jimmy Stu
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I agree. It pissed me off actually. To have such an advantage and not use it... I really hope they prove us wrong
Sep. 26, 2020 at 8:36 a.m.
#5
Jimmy Stu
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Quoting: tkecanuck341
Makes sense when you consider his NMC and required protection in the expansion draft next summer.


He didn't have to be protected in expansion
Sep. 26, 2020 at 9:25 a.m.
#6
You owe us picks
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Quoting: CMac66
He didn't have to be protected in expansion


I didn't check out his NMC before they removed him from Sens roster but if it was a full NMC. They kind of did have to protect him. Never I mind I found a version of it was a full NMC.

Quote:
No Movement Clause (NMC)

No Movement means the player cannot be waived, assigned to minors, or traded without approval. This also means they cannot be exposed in an Expansion Draft and must be protected.
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Sep. 26, 2020 at 10:09 a.m.
#7
NYI
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I like this deal for NYI.
Sep. 26, 2020 at 1:49 p.m.
#8
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Quoting: CMac66
He didn't have to be protected in expansion


Yes he did. He had a full NMC with a mNTC. Same as Phaneuf's contract.
Sep. 26, 2020 at 3:00 p.m.
#9
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Quoting: Rokk
I didn't check out his NMC before they removed him from Sens roster but if it was a full NMC. They kind of did have to protect him. Never I mind I found a version of it was a full NMC.

Quote:
No Movement Clause (NMC)

No Movement means the player cannot be waived, assigned to minors, or traded without approval. This also means they cannot be exposed in an Expansion Draft and must be protected.


Quoting: tkecanuck341
Yes he did. He had a full NMC with a mNTC. Same as Phaneuf's contract.


Couldn't they have bought him out after the season and before the expansion draft? That way they'd pay him for 3 seasons instead of 4.
Sep. 26, 2020 at 3:04 p.m.
#10
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Quoting: Leafs_and_Sens_Fan




Couldn't they have bought him out after the season and before the expansion draft? That way they'd pay him for 3 seasons instead of 4.[/quote]

Yes, they could've.

They bought him out because Melnyk pays him less money
Sep. 26, 2020 at 3:16 p.m.
#11
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Quoting: Leafs_and_Sens_Fan
Couldn't they have bought him out after the season and before the expansion draft? That way they'd pay him for 3 seasons instead of 4.


He's not a part of the team's future, and the Sens don't really care about the cap space. This way, they only have to pay him 2/3 of this season's salary instead of the entire thing.

If there was no expansion draft next season, or if Ryan didn't have a NMC, I suspect they would have just let him finish out his contract. Since they were going to have to buy him out anyway, might as well do it now and save some $$$.
Sep. 26, 2020 at 3:47 p.m.
#12
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Quoting: tkecanuck341
He's not a part of the team's future, and the Sens don't really care about the cap space. This way, they only have to pay him 2/3 of this season's salary instead of the entire thing.

If there was no expansion draft next season, or if Ryan didn't have a NMC, I suspect they would have just let him finish out his contract. Since they were going to have to buy him out anyway, might as well do it now and save some $$$.


That doesn't make sense. They have plenty of cap space so they should have kept him as long as possible so that the buyout wouldn't carry forward into the years that they would be competitors. Only way this makes sense is if they don't plan on competing in the next 4 years.
Sep. 26, 2020 at 3:48 p.m.
#13
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Quoting: EnvironmentalTwister
Couldn't they have bought him out after the season and before the expansion draft? That way they'd pay him for 3 seasons instead of 4.


Yes, they could've.

They bought him out because Melnyk pays him less money[/quote]

Melnyk is terrible lol.
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Sep. 26, 2020 at 3:53 p.m.
#14
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Quoting: Leafs_and_Sens_Fan
That doesn't make sense. They have plenty of cap space so they should have kept him as long as possible so that the buyout wouldn't carry forward into the years that they would be competitors. Only way this makes sense is if they don't plan on competing in the next 4 years.


Ottawa isn't a cap team, so they don't really care how long the cap hit is on the books. Since they bought him out, they only owe him 2/3 of his remaining salary. If they bought him out next summer, they would have had to pay him 100% of his salary for 2020-21, and 2/3 of his contract for 2021-22 (i.e. more). Buying him out now instead of next summer saves Melnyk $1.83M in cash.
Sep. 26, 2020 at 9:33 p.m.
#15
Jimmy Stu
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Edited Sep. 26, 2020 at 9:40 p.m.
Quoting: tkecanuck341
Yes he did. He had a full NMC with a mNTC. Same as Phaneuf's contract.


Incorrect. His NMC was worded just so he couldn't be sent to the minors.
https://www.google.com/amp/s/www.silversevensens.com/platform/amp/2016/12/17/13933090/weekly-question-should-bobby-ryan-be-exposed-ottawa-senators-nhl
Sep. 26, 2020 at 9:34 p.m.
#16
Jimmy Stu
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Quoting: Rokk
I didn't check out his NMC before they removed him from Sens roster but if it was a full NMC. They kind of did have to protect him. Never I mind I found a version of it was a full NMC.

Quote:
No Movement Clause (NMC)

No Movement means the player cannot be waived, assigned to minors, or traded without approval. This also means they cannot be exposed in an Expansion Draft and must be protected.


Yes but his wording made it so he can be exposed

https://www.google.com/amp/s/www.silversevensens.com/platform/amp/2016/12/17/13933090/weekly-question-should-bobby-ryan-be-exposed-ottawa-senators-nhl
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Sep. 27, 2020 at 6:41 a.m.
#17
You owe us picks
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Quoting: CMac66


Yes but his wording made it so he can be exposed

https://www.google.com/amp/s/www.silversevensens.com/platform/amp/2016/12/17/13933090/weekly-question-should-bobby-ryan-be-exposed-ottawa-senators-nhl[/quote]

Good to know thanks for the info. smile
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