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ahdede

ahdede
Member Since
Jun. 7, 2019
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Vancouver Canucks
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Forum: Armchair-GMJul. 3, 2020 at 8:33 p.m.
Forum: Armchair-GMJul. 3, 2020 at 1:50 a.m.
Forum: Armchair-GMJul. 3, 2020 at 12:37 a.m.
<div class="quote"><div class="quote_t">Quoting: <b>OldNYIfan</b></div><div>Now let's talk about retention. As intimated by <a href="/users/Nighthawk" target="_blank" rel="noreferrer noopener">@Nighthawk</a> , I don't think that you understand how retention works.

Retention means a team pays the player an amount in actual cash equal to that cap hit.</div></div>

This is not how retention works. The salary retained is also determined from the percentage used to determine the cap hit retained.

From Puckpedia <a href="https://puckpedia.com/salary-cap/retained-salary" rel="nofollow noreferrer noopener" target="_blank">https://puckpedia.com/salary-cap/retained-salary</a>
When teams trade a player, they can retain, or keep, some of the players' salary and cap hit. The team keeps a % of both the cap hit and salary for the remainder of the contract.

Therefore, if a Player with a Salary of $2.0M and a Cap Hit/AAV of $3.0M is traded with 20% retention, the trading team would continue to pay 20% of the $2.0M Salary and would continue to have a cap hit of 20% of the $3.0M Cap Hit.

All the numbers used in the Armchair Gm calculator are based on cap hits. For Eriksson, 50% retention of $6M cap hit is $3M. The same 50% applies to the salary remaining, which as of yesterday with Eriksson receiving his $3M signing bonus, has $5M total salary remaining - 50% of it is $2.5M.

<div class="quote"><div class="quote_t">Quoting: <b>OldNYIfan</b></div><div> As Nighthawk says, Vancouver would be paying the $3 million bonus plus $6 million in compensation, i.e., $1 million more than Eriksson is owed.</div></div>

If this were really the case - which it is not, then Eriksson's agent would be demanding a trade out of Vancouver as Eriksson would be eligible to receive more than what he is contractually owed.

<div class="quote"><div class="quote_t">Quoting: <b>OldNYIfan</b></div><div>Cash is not a consideration at all for Anaheim, one of the most well-run franchises in the League. Just as an example, due to differences between cap hits and contracts (all downward), our actual payroll next year will be at least $10 million less than our cap total. This why we traded for Backes last year and could well trade for Eriksson this year -- just not on those terms. If we we're to do so, I think that it would be in a structure mimicking the Backes deal -- say, Jacob Larsson for Eriksson, Vancouver's 2021 first and Jett Woo.</div></div>

The fact that actual payroll is lower than cap total is precisely why I believe cash could be a consideration. It shows that the team places high value on efficiency, and prefers player contracts where salary owed in a given year is less than the cap hit. Also with revenues drying up because of COVID, teams will be looking at different ways to save cash.
Forum: Armchair-GMJul. 1, 2020 at 2:45 a.m.