Why a PTO

Forums/Armchair-GM

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Created by: Devil

Team: 2020-21 St. Louis Blues

Initial Creation Date: Dec. 27, 2020

Published: Dec. 27, 2020

Salary Cap Mode: Basic

Description

I thought he would get a decent contract.

Free Agent Signings

UFA		YEARS	CAP HIT
Hoffman, Mike		1	$800,000

Draft	Round 1	Round 2	Round 3	Round 4	Round 5	Round 6	Round 7
2021
2022
2023

ROSTER

LONG-TERM OUTLOOK

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ROSTER SIZE	SALARY CAP	CAP HIT	OVERAGES	BONUSES	CAP SPACE
22	$81,500,000	$74,100,515	$306,349	$425,000	$7,399,485

Left Wing	Centre	Right Wing
Schwartz, Jaden $5,350,000$5,350,000 LW M-NTC UFA - 1	O'Reilly, Ryan $1,875,000$1,875,000 C UFA - 3	Perron, David $4,000,000$4,000,000 RW, LW M-NTC UFA - 2
Sanford, Zachary $1,500,000$1,500,000 LW, RW UFA - 1	Schenn, Brayden $6,500,000$6,500,000 C, LW NTC UFA - 8	Blais, Samuel $1,500,000$1,500,000 LW, RW UFA - 2
Clifford, Kyle $1,000,000$1,000,000 LW UFA - 2	Bozak, Tyler $5,000,000$5,000,000 C, RW M-NTC UFA - 1	Thomas, Robert $894,166$894,166 ($425,000$425K) C, RW UFA - 1
MacEachern, Mackenzie $900,000$900,000 LW, RW UFA - 2	Sundqvist, Oskar $2,750,000$2,750,000 RW, C UFA - 3
	Barbashev, Ivan $1,475,000$1,475,000 LW, RW UFA - 1	Hoffman, Mike $800,000$800,000 LW UFA - 1
	De La Rose, Jacob $700,000$700,000 C, LW UFA - 1

Left Defense	Right Defense	Goaltender
Faulk, Justin $6,500,000$6,500,000 RD NTC UFA - 7	Parayko, Colton $5,500,000$5,500,000 RD UFA - 2	Binnington, Jordan $4,400,000$4,400,000 G UFA - 1
Krug, Torey $6,500,000$6,500,000 LD NTC UFA - 7	Bortuzzo, Robert $1,375,000$1,375,000 RD UFA - 2	Husso, Ville $750,000$750,000 G UFA - 2
Scandella, Marco $3,275,000$3,275,000 LD M-NTC UFA - 4
Gunnarsson, Carl $1,750,000$1,750,000 LD M-NTC UFA - 1

Scratches	Injured Reserve (IR)	Long Term IR (LTIR)
	Tarasenko, Vladimir $3,750,000$3,750,000 RW NTC UFA - 3
	Steen, Alexander $5,750,000$5,750,000 LW, RW, C NTC UFA - 1

Dec. 27, 2020 at 7:13 p.m.

coga16

Joined: Jun. 2015

Posts: 20,030

Likes: 12,187

Jeremy Rutherford @jprutherford

It appears what the Blues are doing is waiting until the start of the season to sign Hoffman, which would allow them to wait to put Tarasenko and Steen on Long-Term Injury Reserve, allowing them to maximize their LTIR money. This points to Hoffman joining the Blues. #stlblues

pretty much explains it

A_K, jnorrrr, Gofnut999 and 1 other person liked this.

Dec. 27, 2020 at 7:16 p.m.

fucckadmins

Banned

Joined: Feb. 2018

Posts: 596

Likes: 148

so Vince Dunn is gone

Dec. 27, 2020 at 7:16 p.m.

Shootica

Joined: Feb. 2017

Posts: 504

Likes: 191

Salary cap gymnastics.

They have to be cap compliant when the season starts, before placing Tarasenko (Edit: and Steen) on LTIR.

They likely have a handshake deal with Hoffman, and will officially sign him as soon as Tarasenko goes on LTIR and that cap space opens up.

The PTO just lets him join the team for training camp before signing.

bhavikp27 liked this.

Dec. 27, 2020 at 7:17 p.m.

Shootica

Joined: Feb. 2017

Posts: 504

Likes: 191

Quoting: grodziQ

so Vince Dunn is gone

Doubt it. They may be waiting to sign him as well.

Dec. 27, 2020 at 7:21 p.m.

Claesson4Norris

Joined: Jan. 2018

Posts: 17,127

Likes: 12,155

Cap dipsy doodling. Steen and Tarasenko will go on LTIR, then Hoffman signs his deal.

Devil liked this.

Dec. 27, 2020 at 7:22 p.m.

bhavikp27

Joined: Jun. 2016

Posts: 12,591

Likes: 5,462

It's a cap move as @coga16 and @Shootica said, he will likely sign on Day 1 of the season. They sign Dunn, place Steen/Tarasenko on LTIR and then sign Hoffman.

Devil liked this.

Dec. 27, 2020 at 7:22 p.m.

jnorrrr

Joined: Jul. 2019

Posts: 923

Likes: 300

Quoting: grodziQ

so Vince Dunn is gone

$13M is going on LTIR, they’ll have more than enough to sign Dunn and Hoffman.

Devil liked this.

Dec. 27, 2020 at 7:23 p.m.

coga16

Joined: Jun. 2015

Posts: 20,030

Likes: 12,187

Quoting: bhavikp27

It's a cap move as @coga16 and @Shootica said, he will likely sign on Day 1 of the season. They sign Dunn, place Steen/Tarasenko on LTIR and then sign Hoffman.

yeah Lebrun said there is a 1 year contract waiting for Hoffman to sign on Day 1 of the season.

Wqrrior, bhavikp27 and Devil liked this.

Dec. 27, 2020 at 7:24 p.m.

Wqrrior

Joined: Feb. 2019

Posts: 10,389

Likes: 4,004

https://twitter.com/DarrenDreger/status/1343348789717962752?s=19

https://twitter.com/PierreVLeBrun/status/1343350994613235713?s=19

One year contract will follow. This just keeps him on the books until they can work the cap.

Dec. 27, 2020 at 7:44 p.m.

#10

Gofnut999

Joined: Jan. 2017

Posts: 19,882

Likes: 8,874

Quoting: coga16

Nailed it 👍🏻

Dec. 27, 2020 at 7:47 p.m.

#11

Kotkaniemi15

Former Hockey Fan

Joined: Jun. 2017

Posts: 13,144

Likes: 10,516

Either he’s waiting for the Blues to make a move, or he just wants to play hockey while waiting for an offer he thinks is fair.

palhal and Devil liked this.

Dec. 27, 2020 at 8:03 p.m.

#12

palhal

LongtimeLeafsufferer

Joined: Jul. 2015

Posts: 60,127

Likes: 23,045

Quoting: Kotkaniemi15

Either he’s waiting for the Blues to make a move, or he just wants to play hockey while waiting for an offer he thinks is fair.

You're correct. Signing a PTO allows Hoffman to display his talent during the "preseason". But he is able to sign a contract with any NHL team while on the PTO with St Louis. Of course by signing the new contract, the he is no longer with the Blues.

Blues can get cap relief now by putting Taresnko on cap relief. Steen is different issue, cause he might not be eligible for LTIR, But apparently Steen has retired which will give the Blues cap relief, but because of the front loading of his contract the Blues are subject to a "recapture" penalty.

Kotkaniemi15 and Devil liked this.

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Forums/Armchair-GM

Why a PTO

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Free Agent Signings

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