couldnt afford 2nd t
Joined: Sep. 2021
Posts: 1,011
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This trade sheds cap space for Boston, and is better cap wise than buying out Foligno. Ottawa is a budget team, so they do not care about cap implications because they are unlikely to exceed the cap ceiling. This trade is real money salary neutral for Ottawa. They do not want to keep Del Zotto. They value adding a veteran presence to their 4th line. This comes at no extra cost to them since Foligno's remaining salary would be subsidized by dumping Del Zotto on Boston. Seems like a win/win to me.
-This trade saves Boston over 1M in cap (2M if Del Zotto is buried in the AHL).
-This trade is salary neutral for Ottawa. Ottawa is a budget team, therefore they care about real money salary, not cap space.
-Michael Del Zotto makes 2.25M in real money against a 2M cap hit.
-Foligno makes 2.8M against a 3.8M cap hit AFTER Boston pays his 1M signing bonus.
-Boston retains 20 percent of Foligno's cap hit. This is 760k in cap and 560k in base salary.
-Boston clears just over a million in cap space while moving on from a veteran who has played his way out of their lineup. If they bury Del Zotto, they can bring this total up to approx. 2 million, which is better than the buyout that puts roughly 2 million on the books in year 1 and 933k in year 2.
-The trade is cap neutral for the Senators. They get rid of a problem in Del Zotto. They add a veteran forward who can play on their 4th line. They do not have as much depth as Boston so Foligno is more likely to find a home in their lineup.