Posts Tagged ‘salary cap’

Deal him now!

June 22, 2016

Yesterday the Detroit Free Press had an article about the Wings’ ongoing attempts to move Datsyuk’s cap hit for the upcoming season, and it carried this tidbit:

Holland has “talked to a few teams” about the situation, but early demands have focused on 2015 first-round pick Evgeny Svechnikov and Andreas Athanasiou, whose speed and ability to create something out of nothing repeatedly was demonstrated down the stretch this past season.

Notice the bolded part. Maybe I am misreading this, but this seems to be saying that teams are asking for Svechnikov or Athanasiou as if they have roughly the same value. I might also just not be a huge fan of Athanasiou, though I don’t exactly dislike him, either. But his value shouldn’t be on the same level of Svechnikov, and if the Wings are looking for trade chips to land a D…well, there you go. If clubs are essentially seeing Athanasiou as a first rounder, then pair him up with Nyquist and a pick and go fishing for the good young D that we need.

I think the ability to move Datsyuk won’t be that difficult, though. I know it looks like Detroit doesn’t have any leverage, but moves aren’t made for the sole reason of what’s happening on the ice. Arizona and Carolina seem to ¬†bleeding cash, and having a guy on the roster that adds $7.5 million to their cap without adding any salary can be a very attractive asset to an organization looking to limit their financial damages this upcoming season. The Wings will still have to sweeten the pot, but I can’t believe it will take a significant asset. Which maybe says something about how I view Jurco and Pulkkinen as I don’t believe either or both would be a big loss in such a deal.

Because I don’t want to make another post, I also want to touch on Jimmy Howard here. It appears that Calgary doesn’t want to give up a 1st round pick for Marc-Andre Fleury, and I don’t think anyone could blame them. What I don’t get is that rumors immediately turned to them pursuing Bishop and not to Holland picking up the phone and throwing a ridiculously low offer at Calgary to take Howard off the Wings’ hands.

To be clear, Howard’s pretty much done in Detroit. He might be stuck here another year, playing behind Mrazek and hoping to be grabbed by Las Vegas next summer, and he might even put up a good year, but the club’s future is Petr Mrazek. So, get something from Howard, free up the cap space, and move forward.

Which brings me to my half-assed fan trade proposal of the post:

Datsyuk+Howard+pick/prospect for Bollig+Engelland+Wideman

This is assuming Calgary wants to dump Wideman. If they don’t, drop him from the deal and I’m still fine with it. Calgary also dumps so roster filler that wouldn’t be hard for us to either bury in the minors (Bollig) or probably deal off for a pick (Engelland), while Wideman would be the blueline upgrade that I doubt we can get on the open market (especially since Goligoski is already off the market).

Where’s the motivation for Calgary? They clear some guys off their roster they don’t necessarily want or need, which is nice. How badly would we want to see Ericsson moved just for the roster space at this point? I think Engelland and Bollig are roughly equivalent to that. Datsyuk gives them the cap floor cushion to step up to the trade deadline next February and deal off whoever they want and not have to take much of anything back to stay above the floor. I also just like the idea of one-stop shopping rather than having to look to make separate deals to fill our needs, which is more likely to be that path taken.

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Howard won’t be moved anytime soon

April 26, 2016

As people look for ways for the Wings to find salary room, or just looking to axe “bad” contracts, moving Jimmy Howard almost always comes up at some point. He’s never really lived up to his contract, injuries have been a concern, and his game seems to go off the rails out of the blue. At the same time, after a rough start, he stepped up and played no small part in getting the Wings into the playoffs this year.

However, we have Petr Mrazek here. By all appearances he’s going to be a very good goalie (to say the least), his deal should be quite a bit more affordable than Howard’s, and people just seem ready to turn the page. It’s not like there is not another viable option if Howard is moved.

So, why not move him? Well, it might just not be worth it. Yeah, he makes $5.2 million (roughly) and freeing that up to pursue other upgrades would be nice. Except we wouldn’t be freeing up all of that $5.2m. First, we’d probably have to eat some salary in any move. The absolute best we could probably hope for is to retain just $1 million per year for the rest of his deal. Even after eating some salary, it’s unlikely we can move him and take no salary back. Again, probably the best we could hope for is someone making around $1 million a season. So, there’s $2 million in empty salary and a guy the other team wants around about as much as we want Howard. And now we still have to sign a backup goalie. The best (cheapest) option would be internally, which would mean either Coreau or McCollum. That gets us to ~$3 million spent, meaning we would have a little over $2 million extra to spend over the summer.

Which would be good. However, there are problems with this. First, we’d probably have to retain more salary. I would guess upwards of $2m would be more likely. Second, we’d probably be taking back more than $1 million in salary. Third, would anyone feel comfortable walking into next season with Coreau or McCullum as our backup, with the other being the third stringer waiting to be called up from GR? I’m not saying it’s a non-starter, but it doesn’t seem like a move Holland would make, and I think it would be a big telegraph that making the playoffs is seen as a massive long shot next year.

The third point can be worked with if the rest of the team is strengthened enough with other moves. I mean, we’ve went into seasons with “Ticker” Hodgson and Manny Legace as our dedicated backups in the past, and we did it largely because the rest of the team was so freakishly deep. While there isn’t a chance we approach that sort of depth in the near future, it does show it’s doable. The bigger obstacles are the first two. For every dollar we have to retain, and for every dollar we take back in a modestly undesirable deal, and then for every dollar we have to spend to secure a backup, it becomes increasingly pointless to move Howard at all. At that point, our best move might just be to roll with the guy we know, and look for a better opportunity to move him later – either next offseason, when another year has eclipsed from his deal, or even in an expansion draft where we could leave him exposed.

What hurts is that the same argument can be made for/against moving Jonathan Ericsson. The big guy’s play has slipped, he has a deal not a lot of us like, but try moving him. It becomes a more difficult proposition than it appears. While we could buy him out, and at least lessen his cap hit, we then have that cap hit over a longer period, and we’re already paying Stephen Weiss not to show up at the rink. ¬†We might be better off just demoting him to GR at that point, and hoping either that someone is desperate enough for help that they pluck him away for free, or that he clears and can be recalled from GR at will in case injuries cause a need for a Rent-a-Player.

And all of this is without going into the Zetterberg/Franzen contract mess.

To revisit the Howard situation for a moment, one suggestion floated by, I think, one of the Wings’ beat writers was moving Howard straight up for Wideman out of Calgary. Which actually looks good on paper, except Wideman’s deal isn’t that much better than Howard’s. It’s shorter, but we also saw Wideman be less than an ideal teammate over the course of this season when he decided to bump a ref.