SalarySwishSalarySwish
Forums/Trade Machine Proposals

Bye Bye Petry Webers contract homecoming

Created by: MasterPat
Published: Feb. 14, 2022 at 5:35 p.m.
Salary Cap: $81,500,000
Season Days: 74/200 (37%)
Central Registry Determination: This trade has met the central registry's trade checklist

Logo of the Montreal CanadiensMontreal Canadiens

Trade occurred while using LTIR
LTIR Relief: $18,357,143
LTIR Used Prior to Trade: $9,692,831
OutStatusRetained SalaryEffective Cap HitRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Petry, JeffMontreal CanadiensNHL-$6,250,000111---0000--
Weber, SheaMontreal CanadiensLTIR-$7,857,143011---0000--
InStatusRetained SalaryEffective Cap HitRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Myers, PhilippeNashville PredatorsNHL-$2,550,000111---0000--
2022 1st round pick (Logo of the Nashville PredatorsNSH)---100------
2023 4th round pick (Logo of the Nashville PredatorsNSH)---001------
ChangeCap SpaceRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Initial$807,1692348735715
Change$11,557,1430-1-1101
Final$12,364,312 (↑)2347 (↓)72 (↓)6 (↑)716 (↑)000

Logo of the Nashville PredatorsNashville Predators

OutStatusRetained SalaryEffective Cap HitRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Myers, PhilippeNashville PredatorsNHL-$943,500111---0000--
2022 1st round pick (Logo of the Nashville PredatorsNSH)---100------
2023 4th round pick (Logo of the Nashville PredatorsNSH)---001------
InStatusRetained SalaryEffective Cap HitRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Petry, JeffMontreal CanadiensNHL-$2,312,500111---0000--
Weber, SheaMontreal CanadiensLTIR-$2,907,142011---0000--
ChangeCap SpaceRosterSPCReserve ListDraft Rd 1Rd 2-3Rd 4-7GPGAPGAASv%
Initial$10,774,9242242593710
Change-$4,276,142011-10-1
Final$6,498,782 (↓)2243 (↑)60 (↑)2 (↓)79 (↓)000
Feb. 14, 2022 at 5:37 p.m.
#1
Not_Today
Avatar of the user
Joined: Jun. 2018
Posts: 39
Likes: 4
MTL could holdback 1.25M of Petry's salary for an extra draft pick.
Feb. 14, 2022 at 6:04 p.m.
#2
Banned
Avatar of the user
Joined: Apr. 2021
Posts: 14,017
Likes: 4,585
Quoting: MasterPat
MTL could holdback 1.25M of Petry's salary for an extra draft pick.


An extra pick? Not only are they not getting this return, they would have to give up a 1st++ to facilitate this.
gmgb liked this.
Feb. 14, 2022 at 6:32 p.m.
#3
Avatar of the user
Joined: Mar. 2021
Posts: 6,599
Likes: 4,745
Quoting: MasterPat
MTL could holdback 1.25M of Petry's salary for an extra draft pick.


Quoting: CMcAvoy73
An extra pick? Not only are they not getting this return, they would have to give up a 1st++ to facilitate this.


Agreed. There's no reason for NSH to go after Weber yet. He's not going to officially retire cause he's still collecting a nice paycheck. NSH might consider taking him on when he's down to the last 3 years that are only at a $1mil salary. At that point he might consider retirement, and they'll want to avoid the recapture penalty. But all they'll have to give up for him is a 7th rounder.

Petry's not worth a first and Myers at this point. He needs to prove he's not washed up before they get a return for him.
Feb. 14, 2022 at 7:59 p.m.
#4
Avatar of the user
Joined: Jun. 2017
Posts: 7,616
Likes: 5,210
Quoting: Dutchies
Agreed. There's no reason for NSH to go after Weber yet. He's not going to officially retire cause he's still collecting a nice paycheck. NSH might consider taking him on when he's down to the last 3 years that are only at a $1mil salary. At that point he might consider retirement, and they'll want to avoid the recapture penalty. But all they'll have to give up for him is a 7th rounder.

Petry's not worth a first and Myers at this point. He needs to prove he's not washed up before they get a return for him.


I agree with everything except the part about Weber voluntarily retiring down the line. I don't see any reason for Weber to officially retire, before his contract ends. Being on LTIR or being retired wouldn't make any difference to him, other than he gets a paycheque being on LTIR. Even if it's "only" $1M, why would he give that up? He can still get a job being a scout or coach or whatever too, if he wants.
Feb. 14, 2022 at 8:15 p.m.
#5
Thread Starter
Not_Today
Avatar of the user
Joined: Jun. 2018
Posts: 39
Likes: 4
Simply put: if Weber retires before his contract expires, the Predators will be tagged with a $4.9 million cap hit through the 2026 season when the contract expires.
I feel like Nashville would like to control this part by grabbing back his contract IDK ...
Feb. 14, 2022 at 9:20 p.m.
#6
Avatar of the user
Joined: Mar. 2021
Posts: 6,599
Likes: 4,745
Quoting: gmgb
I agree with everything except the part about Weber voluntarily retiring down the line. I don't see any reason for Weber to officially retire, before his contract ends. Being on LTIR or being retired wouldn't make any difference to him, other than he gets a paycheque being on LTIR. Even if it's "only" $1M, why would he give that up? He can still get a job being a scout or coach or whatever too, if he wants.


I agree with that. But, he's made over $100 mil in his career, and at some point he might not want to have to do the assessment trips to MTL every once in a while to ensure he's still eligible to be on LTIR. Not sure where he pays his taxes, but if it's in Canada, he's probably losing 50%
Feb. 14, 2022 at 11:42 p.m.
#7
Banned
Avatar of the user
Joined: Apr. 2021
Posts: 14,017
Likes: 4,585
Quoting: Dutchies
Agreed. There's no reason for NSH to go after Weber yet. He's not going to officially retire cause he's still collecting a nice paycheck. NSH might consider taking him on when he's down to the last 3 years that are only at a $1mil salary. At that point he might consider retirement, and they'll want to avoid the recapture penalty. But all they'll have to give up for him is a 7th rounder.

Petry's not worth a first and Myers at this point. He needs to prove he's not washed up before they get a return for him.


Doesn’t matter what team he’s playing for, there would be recapture.
Feb. 15, 2022 at 8:56 a.m.
#8
Avatar of the user
Joined: Jun. 2017
Posts: 7,616
Likes: 5,210
Quoting: Dutchies
I agree with that. But, he's made over $100 mil in his career, and at some point he might not want to have to do the assessment trips to MTL every once in a while to ensure he's still eligible to be on LTIR. Not sure where he pays his taxes, but if it's in Canada, he's probably losing 50%


If the man has injuries severe enough to keep him from playing, he presumably has to go to see doctors and specialists about it regardless. Might as well collect a paycheque for doing it.
 
Reply
To create a post please Login or Register
Question:
Options:
Add Option
Submit Poll