Author Topic: Marleau traded to Carolina  (Read 3682 times)

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Offline Rob

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Re: Marleau traded to Carolina
« Reply #105 on: June 25, 2019, 01:37:19 PM »
I'm a little confused on the buyout cost to the Canes...capfriendly says $833K?

2/3 of $4.25m is $2.8m?

Bonus gets paid no matter what and doesn't factor into the buyout amount.

Offline Frank E

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Re: Marleau traded to Carolina
« Reply #106 on: June 25, 2019, 01:40:06 PM »
I'm a little confused on the buyout cost to the Canes...capfriendly says $833K?

2/3 of $4.25m is $2.8m?

Bonus gets paid no matter what and doesn't factor into the buyout amount.

Got it.  Thank you.

Offline Nik

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Re: Marleau traded to Carolina
« Reply #107 on: June 25, 2019, 01:46:29 PM »
Is there a precedence for that kind of a payout?  I thought there would be at least one team to want a $2-4M cash player (after bonus was paid) and count $6.5M against the cap and that the player could potentially contribute 15 goals and leadership.

The only team who figures to be near the floor(and so having some phantom money on the books would help) is Ottawa and as mentioned, Marleau wouldn't have waived his NMC to go to Ottawa. 
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Online Bullfrog

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Re: Marleau traded to Carolina
« Reply #108 on: June 25, 2019, 02:00:13 PM »
I'm a little confused on the buyout cost to the Canes...capfriendly says $833K?

2/3 of $4.25m is $2.8m?

Bonus gets paid no matter what and doesn't factor into the buyout amount.

Got it.  Thank you.

From Capfriendly:

Quote
"Signing Bonus
Signing bonuses are paid to the player regardless of a buyout. Therefore, as explained in the buyout caphit formula above, signing bonuses are excluded in the equation when determining the total buyout cost, and are included in the AAV value when determining the remaining caphit.

Signing bonuses therefore decrease the buyout caphit savings. In the case of players with significant signing bonuses, such as David Clarkson, the remaining caphit decreases minimally. Due to this, Clarkson's contract has been referred to as a buyout-proof contract."

For everyone else's benefit: Marleau has signing bonuses of $3M and salary of $1.25M. He gets his signing bonuses per his contract ($1.5M Jul.01 and $1.5M Dec.01.) His remaining salary will be 2/3 of the contract amount, which is $833,333.33 ($1.25M x 2/3) split over two years (twice the remaining term.) So he'll get paid:
Year one: $3.417M ($3M SB + $417k salary) + whatever his new team pays him.
Year two: $417k (salary).

Because he's over 35, the Canes have to carry his full $6.25M cap hit this year regardless of how they have to pay him.

Offline pmrules

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Re: Marleau traded to Carolina
« Reply #109 on: June 25, 2019, 02:20:06 PM »
I was hoping to use that 2020 first round pick to actually upgrade the 2019-2020 team at some point during the season.   We are in a win now mode and from that POV, i would have traded one of the prospects. 

That being said, I never imagined 2 years ago when Marleau signed that it would take a 1st to gert out from under the 3rd year of the contract.  Is there a precedence for that kind of a payout?  I thought there would be at least one team to want a $2-4M cash player (after bonus was paid) and count $6.5M against the cap and that the player could potentially contribute 15 goals and leadership.


Marleau has a no movement clause and wasn't just gonna go where we told him, that's why the deal had to happen before buyout period so he would agree to waive. How many times does that need to be written??

My point was about my thoughts from 2 years ago when the deal was signed...but thanks for your input.

Offline Heroic Shrimp

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Re: Marleau traded to Carolina
« Reply #110 on: June 25, 2019, 09:34:07 PM »
Supersize my Freedom Fries

Online CarltonTheBear

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Re: Marleau traded to Carolina
« Reply #111 on: June 27, 2019, 12:53:43 PM »

Not surprising of course.

Offline Zee

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Re: Marleau traded to Carolina
« Reply #112 on: June 27, 2019, 01:06:54 PM »

Not surprising of course.

The only remaining question is will SJ take him back on Monday?

Online CarltonTheBear

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Re: Marleau traded to Carolina
« Reply #113 on: June 27, 2019, 01:22:30 PM »
The only remaining question is will SJ take him back on Monday?

Gotta think that's pretty much a certainty. Especially with Doug Wilson still there. I can't really see Marleau trying to drive a hard bargain with them in negotiations.

Offline Bates

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Re: Marleau traded to Carolina
« Reply #114 on: June 27, 2019, 01:57:35 PM »
If Marleau signs for league minimum he gets a raise.

Offline Guilt Trip

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Re: Marleau traded to Carolina
« Reply #115 on: June 27, 2019, 02:02:48 PM »
If Marleau signs for league minimum he gets a raise.
Yup and I'd suspect he'll sign for around that.

Offline Hobbes

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Re: Marleau traded to Carolina
« Reply #116 on: June 27, 2019, 02:17:30 PM »
If Marleau signs for league minimum he gets a raise.
Yup and I'd suspect he'll sign for around that.
Perhaps with a few fairly easy to achieve performance bonuses since those can take you over cap and be paid back as overages next year.
It's not denial...I'm just very selective about the reality I accept.

Offline Guilt Trip

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Re: Marleau traded to Carolina
« Reply #117 on: June 27, 2019, 02:24:30 PM »
If Marleau signs for league minimum he gets a raise.
Yup and I'd suspect he'll sign for around that.
Perhaps with a few fairly easy to achieve performance bonuses since those can take you over cap and be paid back as overages next year.
Marleau will make more then he would have playing here and SJ is doing him a favour. I don't see SJ paying him anything over minimum. They're not exactly going to be in any better shape next year with the cap.

Offline Frycer14

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Re: Marleau traded to Carolina
« Reply #118 on: June 29, 2019, 05:47:10 PM »
If SJ doesn't want him, there's nothing stopping toronto from signing him for 750 for 3rd/4th line minutes, no? I'd have no issue with it.

Offline Guilt Trip

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Re: Marleau traded to Carolina
« Reply #119 on: June 29, 2019, 08:36:06 PM »
If SJ doesn't want him, there's nothing stopping toronto from signing him for 750 for 3rd/4th line minutes, no? I'd have no issue with it.
Marleau won't be back. One of his kids has to go to a special school or something similar and this couldn't be accomplished here. While the Leafs def wanted to shed his contract, Marleau is ultimately the guy that wanted out. His family is leaving T.O.