SalarySwishSalarySwish
Forums/Armchair-GM

Utilizing the cap space from Lundqvist LTIR and Panik cap dump

Created by: brady_t12
Team: 2020-21 Washington Capitals
Initial Creation Date: Dec. 19, 2020
Published: Dec. 19, 2020
Salary Cap Mode: Basic
Description
At this point, it’ll probably cost something to dump Panik. That plus the 1.5m of LTIR-into Lundqvist will result in the caps being able to take a shot at a free agent looking to compete for a cup in a shortened season.
Free Agent Signings
UFAYEARSCAP HIT
1$2,500,000
Trades
WSH
    Panik really only played on the fourth line and had success. For that amount of money, it’s a waste of cap space. We’re better off utilizing that money for Hoffman if he’ll take the one year deal on a contender looking for a last push at another cup. Pay whatever the cost is to dump, it’s definitely less than a 1st round pick
    OTT
    1. Pánik, Richard
    Additional Details:
    + picks or prospects or whatever the cost is to dump
    Buried
    DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
    2021
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the VGK
    Logo of the WSH
    2022
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    2023
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    Logo of the WSH
    ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
    23$81,500,000$72,423,212$419,749$732,500$9,076,788

    Roster

    Left WingCentreRight Wing
    Logo of the Washington Capitals
    $9,538,462$9,538,462
    LW
    M-NTC
    UFA - 1
    Logo of the Washington Capitals
    $9,200,000$9,200,000
    C
    NMC
    UFA - 5
    Logo of the Washington Capitals
    $5,750,000$5,750,000
    RW
    M-NTC
    UFA - 5
    Logo of the Washington Capitals
    $3,350,000$3,350,000
    LW
    UFA - 1
    Logo of the Washington Capitals
    $3,900,000$3,900,000
    C
    M-NTC
    UFA - 5
    Logo of the Washington Capitals
    $5,166,667$5,166,667
    RW
    M-NTC
    UFA - 4
    Logo of the Washington Capitals
    $2,750,000$2,750,000
    LW
    UFA - 3
    Logo of the Washington Capitals
    $2,415,000$2,415,000
    C
    UFA - 3
    $2,500,000$2,500,000
    LW
    UFA - 1
    Logo of the Washington Capitals
    $1,500,000$1,500,000
    RW, LW
    UFA - 3
    Logo of the Washington Capitals
    $750,000$750,000
    C
    UFA - 2
    Logo of the Washington Capitals
    $725,000$725,000
    RW, LW
    UFA - 2
    Logo of the Washington Capitals
    $725,000$725,000
    C, RW
    UFA - 2
    Left DefenseRight DefenseGoaltender
    Logo of the Washington Capitals
    $3,900,000$3,900,000
    LD
    UFA - 4
    Logo of the Washington Capitals
    $8,000,000$8,000,000
    RD
    M-NTC
    UFA - 6
    Logo of the Washington Capitals
    $925,000$925,000 (Performance Bonus$600,000$600K)
    G
    UFA - 1
    Logo of the Washington Capitals
    $1,275,000$1,275,000
    LD
    M-NTC
    UFA - 3
    Logo of the Washington Capitals
    $4,000,000$4,000,000
    RD
    UFA - 2
    Logo of the Washington Capitals
    $716,667$716,667
    G
    UFA - 2
    Logo of the Washington Capitals
    $791,667$791,667 (Performance Bonus$132,500$132K)
    LD/RD
    RFA - 3
    Logo of the Washington Capitals
    $2,500,000$2,500,000
    RD
    UFA - 3
    Logo of the Washington Capitals
    $800,000$800,000
    LD
    UFA - 1
    Logo of the Washington Capitals
    $800,000$800,000
    RD
    UFA - 1
    ScratchesInjured Reserve (IR)Long Term IR (LTIR)
    Logo of the Washington Capitals
    $1,500,000$1,500,000
    G
    UFA - 1
    Logo of the Washington Capitals
    $2,500,000$2,500,000
    LD
    UFA - 2

    Embed Code

    • To display this team on another website or blog, add this iFrame to the appropriate page
    • Customize the height attribute in the iFrame code below to fit your website appropriately. Minimum recommended: 400px.

    Text-Embed

    Click to Highlight
    Dec. 19, 2020 at 3:03 p.m.
    #1
    Avatar of the user
    Joined: Jul. 2016
    Posts: 8,007
    Likes: 3,222
    Hoffman will get a lot more elsewhere. Also, bet Panik has an amazing season this year.
    Dec. 19, 2020 at 3:30 p.m.
    #2
    Thread Starter
    Fantasy Hockey Pro
    Avatar of the user
    Joined: Jun. 2016
    Posts: 5,096
    Likes: 2,263
    Quoting: ClockReads2113
    Hoffman will get a lot more elsewhere. Also, bet Panik has an amazing season this year.


    I mean if Hoffman wants to sign for more money with a worse team, he can do that. I just thought he’d be sick of missing the playoffs every year between his time with Ottawa and Florida. And sadly, as much as I’d love to see Panik flourish, he had so many chances last season and he just couldn’t finish. Maybe he does turn it around, but I just don’t know.
    Dec. 19, 2020 at 3:39 p.m.
    #3
    Avatar of the user
    Joined: Jul. 2016
    Posts: 8,007
    Likes: 3,222
    Quoting: brady_t12
    I mean if Hoffman wants to sign for more money with a worse team, he can do that. I just thought he’d be sick of missing the playoffs every year between his time with Ottawa and Florida. And sadly, as much as I’d love to see Panik flourish, he had so many chances last season and he just couldn’t finish. Maybe he does turn it around, but I just don’t know.


    He was one of the teams best play drivers, he was just incredibly unlucky. He was on pace for 30 points last and someone getting paid $2.75M that's good. The crazy thing is that's even with not scoring the first 12 games. Remove those and he's on pace for almost 40 points. Have a feeling he kills it this season with that Panik-Eller-Sprong line.
    Dec. 19, 2020 at 3:56 p.m.
    #4
    Serf
    Avatar of the user
    Joined: Jun. 2016
    Posts: 3,417
    Likes: 1,461
    "For that amount of money, it’s a waste of cap space."

    Your logic is, Panik is a waste of cap space, and he's signed for three more seasons, so a waste times three, and you don't think it will cost a 1st? A cap dump requires an asset for each season of the term, and the higher the cap hit, the better the assets. Dumping that cap will cost a lot more than a 1st, it's $8.25MM in wasted cap.

    Tampa Bay, Toronto, Chicago, and Arizona have all figured out he's just not what they expected.

    Not a chance Ottawa trades for Panik.
    Dec. 19, 2020 at 6:02 p.m.
    #5
    Thread Starter
    Fantasy Hockey Pro
    Avatar of the user
    Joined: Jun. 2016
    Posts: 5,096
    Likes: 2,263
    Quoting: sensibleguy
    "For that amount of money, it’s a waste of cap space."

    Your logic is, Panik is a waste of cap space, and he's signed for three more seasons, so a waste times three, and you don't think it will cost a 1st? A cap dump requires an asset for each season of the term, and the higher the cap hit, the better the assets. Dumping that cap will cost a lot more than a 1st, it's $8.25MM in wasted cap.

    Tampa Bay, Toronto, Chicago, and Arizona have all figured out he's just not what they expected.

    Not a chance Ottawa trades for Panik.


    You don’t really know what your talking about. Just because you’re doing the math here doesn’t mean the logic makes sense. Yes it’s 8.25m in cap space spread out over 3 years. 2.75m isn’t a huge burden for Ottawa for the next three years. Look at other cap dumps for players of similar salary. You’re not getting a first for taking such a small cap hit.

    Also, what’s this whole spiel about him not being what all those teams expected? He played very well on Arizona especially. I’m incredibly confused by everything in your comment.
    Dec. 19, 2020 at 6:04 p.m.
    #6
    Thread Starter
    Fantasy Hockey Pro
    Avatar of the user
    Joined: Jun. 2016
    Posts: 5,096
    Likes: 2,263
    Quoting: ClockReads2113
    He was one of the teams best play drivers, he was just incredibly unlucky. He was on pace for 30 points last and someone getting paid $2.75M that's good. The crazy thing is that's even with not scoring the first 12 games. Remove those and he's on pace for almost 40 points. Have a feeling he kills it this season with that Panik-Eller-Sprong line.


    I would think that Hagelin and Sprong start on the third line with Eller. Panik did have success on the fourth line at the end of the season, but my issue is that we’re spending way too much on a fourth line. A guy making 2.75m is probably going to be on the fourth line, whether it’s Hagelin or Panik. I’d love for you to be right here, but I am concerned with how snake bitten he was for the better part of the 19-20 season.
    Dec. 19, 2020 at 7:09 p.m.
    #7
    Serf
    Avatar of the user
    Joined: Jun. 2016
    Posts: 3,417
    Likes: 1,461
    Quoting: brady_t12
    You don’t really know what your talking about. Just because you’re doing the math here doesn’t mean the logic makes sense. Yes it’s 8.25m in cap space spread out over 3 years. 2.75m isn’t a huge burden for Ottawa for the next three years. Look at other cap dumps for players of similar salary. You’re not getting a first for taking such a small cap hit.

    Also, what’s this whole spiel about him not being what all those teams expected? He played very well on Arizona especially. I’m incredibly confused by everything in your comment.


    You yourself said he was a waste of cap space for what he does, and considering you’re giving assets to get rid of him, why would you think your comment about his time in Arizona would be considered anything less than disingenuous. You’re confused because you’re trying to argue both sides of an argument against yourself.

    As for compensation for a cap dump, the second year is bad, the third year is horrible. Keep Panik for the next three seasons and enjoy his cap hit.
    Dec. 20, 2020 at 3:03 p.m.
    #8
    Thread Starter
    Fantasy Hockey Pro
    Avatar of the user
    Joined: Jun. 2016
    Posts: 5,096
    Likes: 2,263
    Quoting: sensibleguy
    You yourself said he was a waste of cap space for what he does, and considering you’re giving assets to get rid of him, why would you think your comment about his time in Arizona would be considered anything less than disingenuous. You’re confused because you’re trying to argue both sides of an argument against yourself.

    As for compensation for a cap dump, the second year is bad, the third year is horrible. Keep Panik for the next three seasons and enjoy his cap hit.


    Oh, I’m SO sorry that I recognized that he was actually good in Arizona. Nothing about what I said was “disingenuous,” and I’m really confused why you’re so angry about a trade on an armchair GM site. He’s not worth the money to the caps, doesn’t mean the caps need to add a first to get rid of his contract. Get off your high horse Mr. “I know all about cap dumps.”
    Dec. 20, 2020 at 4:10 p.m.
    #9
    Serf
    Avatar of the user
    Joined: Jun. 2016
    Posts: 3,417
    Likes: 1,461
    Quoting: brady_t12
    Oh, I’m SO sorry that I recognized that he was actually good in Arizona. Nothing about what I said was “disingenuous,” and I’m really confused why you’re so angry about a trade on an armchair GM site. He’s not worth the money to the caps, doesn’t mean the caps need to add a first to get rid of his contract. Get off your high horse Mr. “I know all about cap dumps.”


    It isn't about knowing about cap dumps, it's pretending you like a player that is obviously not someone you want on the team, and therefore unlikely to be wanted on other teams, and then not realizing that the player has three...more...seasons left. You posted that "He played very well on Arizona especially" as an argument that he isn't as bad as you say he is. That's what I mean by arguing against yourself.

    Let's look at his Arizona numbers, in fact all his career numbers everywhere he played, just to get a good reference for the player.

    WSH 59 games 2.16 points per 60 minutes
    ARI 110 games 1.84 points per 60 minutes
    CHI 149 games 1.73 points per 60 minutes
    TOR 76 games 1.02 points per 60 minutes
    TBL 75 games 1.12 points per 60 minutes

    Panik had his best production in Washington, but you think he's "a waste of cap space". Don't worry, you're not alone, other teams think that too.

    I admit I get annoyed at people here, but it's because they use high school logic to try to force scenarios that are ridiculous. Just be honest, if you don't like Panik, that's fine. You want to trade Panik, that's fine. Each team only gets $81.5MM in cap, and understanding Panik doesn't play well enough for his cap hit is good, but it's the same for other teams. Don't try to sugarcoat it with something even you don't believe, and if you believe it, then you're wrong, just look at the numbers.

    I'll put this trade another way

    If the other teams demanded a 1st round pick to acquire Panik, would you give it? If the answer is no, then the 1st is more important than trading Panik, and you should keep him.

    For other teams, they don't want Panik either, so if they are going to accept three years of his bloated pay, they need to be properly compensated. Three years of a players career is a long time.

    People can say, it's only three years

    Now say it like this, jeez it's three...more...years
     
    Reply
    To create a post please Login or Register
    Question:
    Options:
    Add Option
    Submit Poll