Richdg 267 Report post Posted February 15, 2014 Some here are not going to like the question, but it must be considered. We have 2 guys: Franzen and Zetterberg, both with major health issues, that are signed for 6 and 7 years for a total cap hit of over 10 million per year. Do we buy one out this summer? I have been wanting us to buy out Franzen for years now, but Z's contract is longer and even more money. If either one is done soon, we have major cap issues for a long time. Keep in mind that they get paid not matter what. There is also nothing to keep us from resigning them year to year if they can still play. Share this post Link to post Share on other sites
Guest Playmaker Report post Posted February 15, 2014 Some here are not going to like the question, but it must be considered. We have 2 guys: Franzen and Zetterberg, both with major health issues, that are signed for 6 and 7 years for a total cap hit of over 10 million per year. Do we buy one out this summer? I have been wanting us to buy out Franzen for years now, but Z's contract is longer and even more money. If either one is done soon, we have major cap issues for a long time. Keep in mind that they get paid not matter what. There is also nothing to keep us from resigning them year to year if they can still play. Actually, there is something to keep us from resigning them. The team that buys out a player's contract can't resign them. Share this post Link to post Share on other sites
Richdg 267 Report post Posted February 15, 2014 only for a year, which if Z needs surgery works out. takes a long time to be "ready" again. Franzen can just go and not be missed. Share this post Link to post Share on other sites
Manny>Ozzie(by a long shot) 55 Report post Posted February 15, 2014 If either one is done, their cap number comes off the books since they both signed before age 35... 1 Wingsfan72 reacted to this Share this post Link to post Share on other sites
Son of a Wing 1,644 Report post Posted February 15, 2014 Rich and a bud thinking up this scenario... 9 BottleOfSmoke, Z Winged Dangler, TimeBinder and 6 others reacted to this Share this post Link to post Share on other sites
FlashyG 1,799 Report post Posted February 15, 2014 There is no such thing as a cap problem anymore. The new Canadian TV deal all but assures the cap will be skyrocket over the next couple of seasons. Even with the recapture penalties we'd face if both retired there would be ample cap room to sign even the most expensive players available. The only person with any potential to be bought out whatsoever is Tootoo. Share this post Link to post Share on other sites
BottleOfSmoke 5,965 Report post Posted February 15, 2014 Rich and a bud thinking up this scenario... There's a lot of room for activities with all that cap space. The day that Z gets bought out is the day I ride to Holland's house on my Back to the Future hoverboard and punch his wife in the face on the way to cash my lottery check while holding my Oscar and s***ting gold doubloons out of my ass. Come to think of it I'm really rich in this alternate reality *thumbs up* What were we talking about? 9 CaliforniaWingsFan, thegerkin, Son of a Wing and 6 others reacted to this Share this post Link to post Share on other sites
Z and D for the C 712 Report post Posted February 15, 2014 The new Canadian TV deal all but assures the cap will be skyrocket over the next couple of seasons. Even with the recapture penalties we'd face if both retired there would be ample cap room to sign even the most expensive players available That is quite a statement. Any source? Share this post Link to post Share on other sites
FlashyG 1,799 Report post Posted February 15, 2014 (edited) That is quite a statement. Any source? Next season the cap is projected to be at 71.1 Million, higher than it was when the lockout happened. Source The cap rises based on revenue the league makes, and this season the league still has to account for the revenue from the Stadium series, the heritage classic, the winter classic then next season the 5.2 billion in that TV deal starts inflating revenue further. Estimates are that that salary cap will reach 80 million by 2016/17 and 100 million by the end of that TV deal in 2022 Retiring If Franzen were to retire today it would cost the Wings 1.03 Million a season for 6 seasons. If Zetteberg were to retire today it would cost the Wings 1.01 Million a season for 7 seasons. 2.04 million wouldn't have much of an impact at all on the Wings even in the worst case scenario. We could only compliance buyout one, and the other would have to be straight bought out and that buyout would cost us more than the recapture penalties from letting both retire. Hypothetically here is the cost for a straight buyout of either player. Johan Franzen buyout from CapGeek.com 2014-15: -$73,232 2015-16: -$73,232 2016-17: $1,426,768 2017-18: $2,926,768 2018-19: $3,926,768 2019-20: $3,926,768 2020-21: $972,222 2021-22: $972,222 2022-23: $972,222 2023-24: $972,222 2024-25: $972,222 2025-26: $972,222 Henrik Zetterberg buyout from CapGeek.com 2014-15: $242,857 2015-16: $242,857 2016-17: $242,857 2017-18: $742,857 2018-19: $4,392,857 2019-20: $6,742,857 2020-21: $6,742,857 2021-22: $1,659,524 2022-23: $1,659,524 2023-24: $1,659,524 2024-25: $1,659,524 2025-26: $1,659,524 2026-27: $1,659,524 2027-28: $1,659,524 Edited February 15, 2014 by FlashyG 2 55fan and e_prime reacted to this Share this post Link to post Share on other sites
e_prime 1,936 Report post Posted February 15, 2014 Everytime I think I post something I think is slightly "zany" ...I'll just remind myself that this topic was started and someone suggested buying out Zetterberg. Also, just as a reminder: You can't compliance buyout Franzen if he ends the year still dealing with an injury. (see Sammy; last year.) Share this post Link to post Share on other sites
rick zombo 3,739 Report post Posted February 15, 2014 Normally I mind my own business when someone starts a thread like this. But not tonight. BUYOUT ZETTEBERG? Are you ******* crazy!!!! Not to sound too much like a dick. 7 roboturner, Son of a Wing, Ally and 4 others reacted to this Share this post Link to post Share on other sites
Richdg 267 Report post Posted February 15, 2014 I stand corrected. I thought we got hammered if Z is unable to play and forced into retirement. 1-2 million is no problem. Now can he play is the only real question. Share this post Link to post Share on other sites
ogreslayer 1,069 Report post Posted February 15, 2014 (edited) only for a year, which if Z needs surgery works out. takes a long time to be "ready" again. Franzen can just go and not be missed. #1-If he needs surgery, meaning he's injured, he can't be bought out #2-Even if he was bought out & sat out a year, I'm pretty sure the league would step in & not allow him to sign with the Wings again as it would go against the spirit of the CBA. There were warnings from the head office last off season to teams considering pulling off '1st team trades player-2nd teams buys him out-1st team then signs at lower cap hit' moves & how they wouldn't be allowed for that very reason. Bottom line, if a player is bought out, his next NHL contract has to be with another organization period. Edited February 15, 2014 by ogreslayer Share this post Link to post Share on other sites
Seraph 240 Report post Posted February 15, 2014 It's a herniated disc. He'll be fine. Share this post Link to post Share on other sites
lidstromfan5 3 Report post Posted February 15, 2014 I've been away from this board for a long time, just recently came back and I have one question? What the heck happened to the Red Wings fanbase? Buyout ZETTERBERG?! Are you serious? I hate to be mean but come on! Some of these comments and trade proposals are miserable. 1 Wingsfan72 reacted to this Share this post Link to post Share on other sites
55fan 5,133 Report post Posted February 15, 2014 If Franzen can't come back due to his concussion, we can Pronger him (LTIR for the rest of the contract). If he can come back physically, but isn't sure how well he'll play, we can use the buyout. Those are huge "ifs". For all we know, with proper rest and recuperation and not getting in the head again, he may do just fine. As for Hank, we can LTIR him as long as needed and then he'll be back. Even on LTIR, he's valuable as a leader. Buy him out? I'd rather kiss Bettman Eddie Olchezechkzkhzc. Share this post Link to post Share on other sites
LAWings 160 Report post Posted February 15, 2014 (edited) Guys, we have $22 million in cap space opening up next year if we don't resign Sammy, Bert, Cleary, Quincy, Alfie... Why buy out Z and Mule? We have plenty of room to work with next year. Mule at under $4 mill a year is a steal, considering we get almost 30 goals a year from him. We should try and get rid of Weiss instead of Mule. UFAs next year we should be pursuing hard are Stastny and Callahan... Edited February 15, 2014 by LAWings Share this post Link to post Share on other sites
dat's sick 1,002 Report post Posted February 15, 2014 There's no room, and there is certainly no elephant in it. 2 FlashyG and ogreslayer reacted to this Share this post Link to post Share on other sites
55fan 5,133 Report post Posted February 15, 2014 There's no room, and there is certainly no elephant in it. Would you settle for a box? There may or may not be a dead cat in it. Sorry. Nerd break. I agree that buying out Z is something that will never be discussed by the Powers That Be. Maybe a thought or two about Mule since they know more about his condition than we do, but I doubt it. Of course, around here, it's kind of dead around the Olympic break. I guess we need something to keep us off the streets and out of trouble. 2 Dabura and McAwesome reacted to this Share this post Link to post Share on other sites
Buppy 1,720 Report post Posted February 15, 2014 Would you settle for a box? There may is or and may is not be a dead cat in it. Sorry. Nerd break. ... Sorry, had to correct your nerdness. 2 55fan and Uncle Danny reacted to this Share this post Link to post Share on other sites
Dabura 12,207 Report post Posted February 15, 2014 Would you settle for a box? There may or may not be a dead cat in it. +1 Share this post Link to post Share on other sites
Richdg 267 Report post Posted February 16, 2014 Guys, I was clearly talking about if Z can't play anymore, which is a legit possibility. Something we will all find out over the next few months. Same is true with franzen and his multiple concussions. These can be career enders. Under that context only if they can't play, we have 1 buyout left to use, that has to be used this summer. Share this post Link to post Share on other sites
e_prime 1,936 Report post Posted February 16, 2014 Again.... You cannot buy out a player that's on the shelf for injury. So, if Z or Franzen were unable to play, we'd be discussing *THEIR* decision to retire. Share this post Link to post Share on other sites
Richdg 267 Report post Posted February 16, 2014 yes, then we have the option to buy them out. Share this post Link to post Share on other sites
e_prime 1,936 Report post Posted February 16, 2014 I'm pretty sure that's not how it works. Share this post Link to post Share on other sites