13 replies to this topic

[GOLDORAK]

Can someone explain why Elias' cap hit for '06-'07 is listed as $7.5M? (see TSN) I thought $42M divided by 7 years = $6M/year.

Also, unconfirmed rumor from trolling around that Mogilny and a 2008 first round pick were traded for Rupp.

[DevilMinder]

Thanks for the Rupp info, interesting if true! Elias' contract is staggered not a straight 6 mill a year. It starts at 7.5 and goes down in incremental years. I forgot the entire setup.

[aylbert]

TSN is wrong. His salary for 06/07 is 7.5, his cap hit is the contract average.

[GOLDORAK]

Thanks for the Rupp info, interesting if true! Elias' contract is staggered not a straight 6 mill a year. It starts at 7.5 and goes down in incremental years. I forgot the entire setup.

I thought the cap hit per year was for the average amount of the entire contract. I guess if your salary in a given year (year 1 being $7.5M) is greater than the per year average of the contract, then the higher of the two amounts apply? Or, does this mean that the cap hit in later years will be less than $6M per year?

TSN is wrong. His salary for 06/07 is 7.5, his cap hit is the contract average.

Thanks, Aylbert, I hope you're right!

[sammyk]

No need to hope, aylbert is right!

Interesting about the Rupp transaction.

[Don]

TSN lists our payroll committments for the year, not the cap number. So TSN is right. And so is Aylbert on the cap number.

The cap hit will always be $6M/year, even when he is only making $5M/year later in the contract.

Edited by Don, 08 July 2006 - 04:14 PM.

[Voros19]

We didn't trade anything for Rupp. He wasn't given a qualifying offer, and was an UFA.

[insanity_gallops]

Mogilny and a first rounder for Rupp? That's not really plausible, given that Rupp was a UFA.

Dammit Voros... that's what I get for posting about Rupp in two threads at the same time.

Edited by insanity_gallops, 08 July 2006 - 04:20 PM.

[Don]

I'd trade Mogilny and a 1st for the rights to an UFA.

[GOLDORAK]

Perhaps they are separate transactions

The "source" said they heard it reported on ESPN radio about the Mogilny thing.

[insanity_gallops]

ESPN is the source? That's how you know your leg's gettin' pulled.

[GOLDORAK]

ESPN is the source? That's how you know your leg's gettin' pulled.

You're probably right!!

Just hope its true, though.

[Derek21]

ESPN is the source? That's how you know your leg's gettin' pulled.

Was E.J. Hradek behind it!

[Succubus]

I'd trade Mogilny and a 1st for the rights to an UFA.

I'd trade Mogilny for a BAG OF PUCKS. And a pizza.