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re: NHL Offseason Thread

Posted on 7/30/19 at 3:53 pm to
Posted by sms151t
Polos, Porsches, Ponies..PROBATION
Member since Aug 2009
139892 posts
Posted on 7/30/19 at 3:53 pm to
St Patrick in crunch time makes me feel happy


Why would the Sens trade for Callahan? Isn’t he out of hockey?
Posted by Mr Personality
Bangkok
Member since Mar 2014
27364 posts
Posted on 7/30/19 at 4:06 pm to
Here’s a good explanation.

quote:

Callahan is probably insured.

Mike Condon makes 3M in real cash.

Meaning, of Callahan is 80 percent insured, Ottawa saves 2M in real cash.

A slight bonus is that they do it against almost 6M in cap. So now they are paying 1M for almost 6M in cap vs paying 3M for only 2.4M (1.375 if buried).

Cap floor isn't an issue for the Sens, but it doesn't hurt to have another buffer above the floor. That way if they trade Anderson, Boedker, or Pageau in season, they won't have issues falling below the floor.


In other words, Ottawa is cheap.
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