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Can the Habs sign Price at 1M in 2025 Legal

Created by: ht42
Team: 2024-25 Montreal Canadiens
Initial Creation Date: Aug. 19, 2022
Published: Aug. 19, 2022
Salary Cap Mode: Basic
Description
The Habs trade Price contract to a rebuild team, and the team byout his contract in 2023 because he decided to come back in the NHL.

After, he sign a 1 year deal with the Canucks or the Kraken for the 2023-24 season.

After, he return to Montreal for a 1 year deal.

I just want to know if it's legal in the collective convention ?
Free Agent Signings
RFAYEARSCAP HIT
7$7,000,000
7$7,200,000
2$2,500,000
3$2,150,000
3$2,350,000
UFAYEARSCAP HIT
2$4,000,000
6$6,500,000
1$2,600,000
2$1,500,000
2$1,150,000
3$2,350,000
5$6,250,000
CREATEDYEARSCAP HIT
Bedard, Connor
2$925,000
Price, Carey
1$1,000,000
Trades
1.
2.
MTL
  1. Crosby, Sidney ($4,350,000 retained)
PIT
3.
MTL
  1. Dubois, Pierre-Luc [RFA Rights]
WPG
4.
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2023
Logo of the MTL
Logo of the FLA
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the PIT
Logo of the VGK
Logo of the MTL
Logo of the CGY
Logo of the MTL
Logo of the MTL
2024
Logo of the MTL
Logo of the COL
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the EDM
2025
Logo of the MTL
Logo of the CGY
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the MTL
Logo of the MTL
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
24$84,500,000$85,439,166$1,022,500$3,977,500-$939,166

Roster

Left WingCentreRight Wing
$7,200,000$7,200,000
C
UFA - 7
Bedard, Connor
$925,000$925,000
Logo of the Montreal Canadiens
$2,500,000$2,500,000
C, RW
RFA - 2
Logo of the Montreal Canadiens
$950,000$950,000 (Performance Bonus$3,500,000$4M)
RW, LW
RFA - 1
Logo of the Montreal Canadiens
$7,875,000$7,875,000
C
UFA - 6
Logo of the Montreal Canadiens
$7,000,000$7,000,000
LW, RW
UFA - 7
$2,600,000$2,600,000
RW, LW
UFA
Logo of the Montreal Canadiens
$4,000,000$4,000,000
C, LW, RW
UFA
Logo of the Montreal Canadiens
$5,500,000$5,500,000
RW, LW
M-NTC
UFA - 3
Logo of the Montreal Canadiens
$1,700,000$1,700,000
C
UFA - 1
Logo of the Pittsburgh Penguins
$4,350,000$4,350,000
C
NMC
UFA - 1
Logo of the Montreal Canadiens
$6,500,000$6,500,000
RW, LW
M-NTC, NMC
UFA - 3
Logo of the Montreal Canadiens
$1,500,000$1,500,000
LW, RW
UFA
Logo of the Montreal Canadiens
$828,333$828,333 (Performance Bonus$57,500$58K)
C, LW
RFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Montreal Canadiens
$4,875,000$4,875,000
LD
M-NTC
UFA - 2
$6,250,000$6,250,000
RD
UFA
Price, Carey
$1,000,000$1,000,000
Logo of the Montreal Canadiens
$863,333$863,333 (Performance Bonus$420,000$420K)
LD/RD
RFA - 1
Logo of the Montreal Canadiens
$2,150,000$2,150,000
RD
RFA
$6,500,000$6,500,000
G
UFA - 4
Logo of the Montreal Canadiens
$2,350,000$2,350,000
LD/RD
UFA
Logo of the Montreal Canadiens
$2,350,000$2,350,000
LD/RD
RFA - 1
Logo of the Montreal Canadiens
$1,150,000$1,150,000
G
UFA - 3
Logo of the Montreal Canadiens
$3,500,000$3,500,000
RD
UFA - 1

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Aug. 19, 2022 at 6:22 p.m.
#1
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I highly doubt Price will ever play again
ht42 liked this.
Aug. 19, 2022 at 6:23 p.m.
#2
v5 Minnesota GM
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So, if you're saying he comes back in 2024, that is fair
Aug. 19, 2022 at 6:25 p.m.
#3
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He won't retire and willingly give up $31,250,000 in salary.
No team will accept his contract and buy him out with a dead cap hit of 10m this year and 9m the next 3 after that.

You're stuck with Carey Price and handcuffed to his albatross contract for the next 4 years.
Aug. 19, 2022 at 6:26 p.m.
#4
Banned
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Carey Price is finished.

He's already out for the entire 2022/2023 NHL season.

No sane GM is eating 8 years of Carey Price, If he's never going to play again. So a buyout option isn't on the table period.

Just LITR him for the next 4 years or so and be done with it.
Aug. 19, 2022 at 6:27 p.m.
#5
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ht42
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Quoting: Old_Snowman
He won't retire and willingly give up $31,250,000 in salary.
No team will accept his contract and buy him out with a dead cap hit of 10m this year and 9m the next 3 after that.

You're stuck with Carey Price and handcuffed to his albatross contract for the next 4 years.


Did you know the Habs can give some picks to move him ?

like two first round picks and more ?

The Habs did something like that with the Weber contract.

And I just want to know if it's legal.
Aug. 19, 2022 at 6:28 p.m.
#6
Thread Starter
ht42
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Quoting: LGTBL
Carey Price is finished.

He's already out for the entire 2022/2023 NHL season.

No sane GM is eating 8 years of Carey Price, If he's never going to play again. So a buyout option isn't on the table period.

Just LITR him for the next 4 years or so and be done with it.


Ya I know, I just want to know if it's legal.
Aug. 19, 2022 at 6:40 p.m.
#7
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Edited Aug. 19, 2022 at 6:50 p.m.
Quoting: ht42
Did you know the Habs can give some picks to move him ?

like two first round picks and more ?

The Habs did something like that with the Weber contract.

And I just want to know if it's legal.


Sure, In theory they can absolutely move him to a team needing LTIR cap relief. However that team will use his contract as cap relief and not buy him out so that he can re-sign with montreal after 1 year.

But comparing him to Weber doesn't make sense as the remainder of Webers contract pays him 3 million, 1 million, 1 million, and 1 million over the next 4 years. So VGK only have to pay out 6 million in salary for that cap relief.
Prices contract pays him 7.75 million, 8.5 million, 7.5 million and 7.5 million over the next 4 years. No NHL owner will willing open up their pocket books and pay price 31.25 million just for some cap relief.

Whether or not it's legal is a moot point. This will never happen. You're stuck with Carey Price and handcuffed to his albatross contract for the next 4 years.
Aug. 19, 2022 at 6:57 p.m.
#8
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ht42
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Quoting: Old_Snowman
Sure, In theory they can absolutely move him to a team needing LTIR cap relief. However that team will use his contract as cap relief and not buy him out so that he can re-sign with montreal after 1 year.

But comparing him to Weber doesn't make sense as the remainder of Webers contract pays him 3 million, 1 million, 1 million, and 1 million over the next 4 years. So VGK only have to pay out 6 million in salary for that cap relief.
Prices contract pays him 7.75 million, 8.5 million, 7.5 million and 7.5 million over the next 4 years. No NHL owner will willing open up their pocket books and pay price 31.25 million just for some cap relief.

Whether or not it's legal is a moot point. This will never happen. You're stuck with Carey Price and handcuffed to his albatross contract for the next 4 years.


Personally if something like that happens, that can be a homerun (of course, if he is healthy).

Also, were not really stock with the contract, he will be on LTIR.
Aug. 19, 2022 at 7:01 p.m.
#9
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Quoting: ht42
Personally if something like that happens, that can be a homerun (of course, if he is healthy).

Also, were not really stock with the contract, he will be on LTIR.


It's mainly just an issue for Geoff Molson who'd have to pay him 31 million over the next 4 years to sit at home. No other owner wants that.
Aug. 19, 2022 at 8:01 p.m.
#10
HABS for LIFE
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Price goes on LTIR and insurance pays his salary,Montreal free up 10 million cap space .So no skin off the Montreal Canadiens club . We just before each season put him on LTIR until his contract is completed. I still think jake Allen will be traded and we pick up a goaltender or let the youth prove themselves.
Aug. 19, 2022 at 8:49 p.m.
#11
BORDEGOD
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Quoting: Flynnster
Price goes on LTIR and insurance pays his salary,Montreal free up 10 million cap space .So no skin off the Montreal Canadiens club . We just before each season put him on LTIR until his contract is completed. I still think jake Allen will be traded and we pick up a goaltender or let the youth prove themselves.


Yep, this is the only realistic option for Price. He's likely never playing again.
 
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