DevilinLA Posted June 30, 2011 Share Posted June 30, 2011 (edited) OFFICIAL: As reported per Mckenzie Erhoff signs w/BUF Reported terms are 10 years $40M ($4m Cap hit) - if true whoaa.... TSNBobMcKenzie Bob McKenzie Awaiting confirmation on this, but hearing Ehrhoff's deal in Buffalo is 10 years, $40 million. No clue yet on structure within that. Edited June 30, 2011 by DevilinLA Quote Link to comment Share on other sites More sharing options...
iamtheprodigy Posted June 30, 2011 Share Posted June 30, 2011 10 YEARS? Wow... Quote Link to comment Share on other sites More sharing options...
insanity_gallops Posted June 30, 2011 Share Posted June 30, 2011 Where's Clown? Want his take on this. Quote Link to comment Share on other sites More sharing options...
iamtheprodigy Posted June 30, 2011 Share Posted June 30, 2011 (edited) 10 years/40 mil confirmed by Bob McKenzie. Details: TSNBobMcKenzie Bob McKenzie Year 1: $8M signing bonus, $2M salary; Year 2: $5M SB, $3M sal. That's $18M in 1st 2 yrs, or $15M before puck drops on 12-13 season. #tsn Edited June 30, 2011 by iamtheprodigy Quote Link to comment Share on other sites More sharing options...
ZeroGravityFat Posted June 30, 2011 Share Posted June 30, 2011 lol this after he bitch slaps the isles. i can't wait to watch the first isles/sabres game. Quote Link to comment Share on other sites More sharing options...
DevilinLA Posted June 30, 2011 Author Share Posted June 30, 2011 Breakdown: TSNBobMcKenzie Bob McKenzie Year 1: $8M signing bonus, $2M salary; Year 2: $5M SB, $3M sal. That's $18M in 1st 2 yrs, or $15M before puck drops on 12-13 season. #tsn Quote Link to comment Share on other sites More sharing options...
iamtheprodigy Posted June 30, 2011 Share Posted June 30, 2011 The rest: TSNBobMcKenzie Bob McKenzie Year 3: $4M; Year 4: $4M, Year 5: $4M; Year 6: $4M; Year 7: $3M; Year 8; $1M; Year 9: $1M, Year 10: $1M. Modified NTC. Cap hit=$4M/yr. #tsn Quote Link to comment Share on other sites More sharing options...
DevilinLA Posted June 30, 2011 Author Share Posted June 30, 2011 The Hoff Speaks: “I was originally going to wait and see what was available on the free agent market,” said Christian Ehrhoff. “After the Sabres acquired my rights and I spoke with Terry Pegula and Darcy Regier, I did my due diligence on the team and I was very impressed. I called some former teammates and others in the NHL who also had great things to say and I was aware that Robyn Regehr had waived his no-trade clause in his contract this week to join the Sabres. My goal is to win the Stanley Cup, and after the offer I received from Buffalo, I believe this is the best place to make it happen.” Quote Link to comment Share on other sites More sharing options...
halfsharkalligatorhalfman Posted June 30, 2011 Share Posted June 30, 2011 I like the deal for Buffalo (with no NMC). I think Ehrhoff will be worth at least 4 million for the next 6 years, then for years 7-10 Buffalo is either betting the cap goes up, Ehrhoff keeps up his level of play, or they won't mind burying him in Rochester/buying out his contract. Also at a 4 million cap hit, they can still potentially sign Richards. Quote Link to comment Share on other sites More sharing options...
Coorslight Posted June 30, 2011 Share Posted June 30, 2011 (edited) The rest: TSNBobMcKenzie Bob McKenzie Year 3: $4M; Year 4: $4M, Year 5: $4M; Year 6: $4M; Year 7: $3M; Year 8; $1M; Year 9: $1M, Year 10: $1M. Modified NTC. Cap hit=$4M/yr. #tsn Year 7 to year 8 he drops more then 1/2 his salary. I thought you couldn't do that...or was that changed during Kovalgate rule changes? Edited June 30, 2011 by Coorslight Quote Link to comment Share on other sites More sharing options...
Triumph Posted June 30, 2011 Share Posted June 30, 2011 Year 7 to year 8 he drops more then 1/2 his salary. I thought you couldn't do that...or was that changed during Kovalgate rule changes? it's half the lower value of the first 2 years of the contract, so the maximum dip in the contract can be $4M. Quote Link to comment Share on other sites More sharing options...
stevestevens Posted June 30, 2011 Share Posted June 30, 2011 As close as you can come to a steal in the FA world (even signing beforehand). He will be well worth the contract for the first 6 years, maybe even more. He isn't too physical he should hold up rather well. Quote Link to comment Share on other sites More sharing options...
Coorslight Posted June 30, 2011 Share Posted June 30, 2011 it's half the lower value of the first 2 years of the contract, so the maximum dip in the contract can be $4M. Ah yes, thanks for refreshing my memory. That was part of the Kovalgate changes. Quote Link to comment Share on other sites More sharing options...
LOTCB Posted June 30, 2011 Share Posted June 30, 2011 At first I freaked out over the 10 years, but looking at it closer and realizing that 85% of this deal is paid after Year 6, it is essentially a 6 year deal. All I say is after 25+ years of being a fan of this team with a decent owner (Seymour Knox III) a crooked owner (John Rigas) and an owner who didn't give a damn after the first 18 months (Tom Golisano)...I am stunned wiht the turnaround under Terry Pegula. It cannot be overstated: You can have all the $ and the good coach etc, without ownership that A. Has some money to spend and B. Cares deeply to win, you generally won't. Hell ill call it now: Brad Richards a Buffalo Sabres by this time tomorrow!!! Quote Link to comment Share on other sites More sharing options...
maxpower Posted June 30, 2011 Share Posted June 30, 2011 Well, the GM's certainly found another loophole pretty quick. lol. Signing bonuses should be treated exactly the same as ELC performance bonuses in the next CBA. Total joke that you get hit on the performance bonuses with the cushion off, but you can do what happened here and with Bryz and not take the hit. Quote Link to comment Share on other sites More sharing options...
Triumph Posted June 30, 2011 Share Posted June 30, 2011 Well, the GM's certainly found another loophole pretty quick. lol. Signing bonuses should be treated exactly the same as ELC performance bonuses in the next CBA. Total joke that you get hit on the performance bonuses with the cushion off, but you can do what happened here and with Bryz and not take the hit. the signing bonus counts against the salary cap. not sure how your math is working out. Quote Link to comment Share on other sites More sharing options...
maxpower Posted June 30, 2011 Share Posted June 30, 2011 the signing bonus counts against the salary cap. not sure how your math is working out. He makes $10M next year. His cap hit is $4M. There's not much else to it. Bryz's deal works the exact same way. It's cartoonish frontloading that is legal, or at least not implied to be illegal. 25% of a 10 year deal in year 1. Quote Link to comment Share on other sites More sharing options...
Devils731 Posted June 30, 2011 Share Posted June 30, 2011 He makes $10M next year. His cap hit is $4M. There's not much else to it. Bryz's deal works the exact same way. It's cartoonish frontloading that is legal, or at least not implied to be illegal. 25% of a 10 year deal in year 1. Front loading has been a problem for a long while now, it's not new and it doesn't have much to do with signing bonuses really. It was a bone, I believe, that was thrown to the really big and the really small market teams. It lets the large teams artificially spend over the cap ceiling and the smaller teams artificially spend under the cap floor. Quote Link to comment Share on other sites More sharing options...
maxpower Posted June 30, 2011 Share Posted June 30, 2011 Front loading has been a problem for a long while now, it's not new and it doesn't have much to do with signing bonuses really. It was a bone, I believe, that was thrown to the really big and the really small market teams. It lets the large teams artificially spend over the cap ceiling and the smaller teams artificially spend under the cap floor. It's also massive circumvention, over 200% of the cap value, which even the most ridiculous Kovalchuk years don't touch. And I think those contracts are a joke, so it's not sour grapes. I hope someone sheets Stamkos tomorrow at 10/85-90 using this crap Quote Link to comment Share on other sites More sharing options...
Devils731 Posted June 30, 2011 Share Posted June 30, 2011 It's also massive circumvention, over 200% of the cap value, which even the most ridiculous Kovalchuk years don't touch. And I think those contracts are a joke, so it's not sour grapes. I hope someone sheets Stamkos tomorrow at 10/85-90 using this crap I agree, a few years ago I was railing against them as getting around the purpose of having a cap, Gomez is a good example of the less extreme but still major problem that these represent. Quote Link to comment Share on other sites More sharing options...
maxpower Posted June 30, 2011 Share Posted June 30, 2011 Here's a question. Max salary is obviously 20% of the cap. But does that include bonuses, or is that another thing these rocket scientists forgot to write into the CBA, because they didn't anticipate "unethical" behavior? Quote Link to comment Share on other sites More sharing options...
jagknife Posted July 1, 2011 Share Posted July 1, 2011 I'm damn impressed with Buffalo aggressiveness, and I agree wholeheartedly with McKenzie that they will be players for Richards. All they're lacking is a #1 center, boom there it is. Buffalo could be DEADLY next year Like I said in another post, their blue-line could be good....SCARY GOOD! [You catch the reference, LOTCB?] Quote Link to comment Share on other sites More sharing options...
maxpower Posted July 1, 2011 Share Posted July 1, 2011 well, yeah, if they're going to violate the "spirit" of the CBA, of course they'll be players for Richards, since they'll probably come close to maxing him up front Quote Link to comment Share on other sites More sharing options...
Devils731 Posted July 1, 2011 Share Posted July 1, 2011 well, yeah, if they're going to violate the "spirit" of the CBA, of course they'll be players for Richards, since they'll probably come close to maxing him up front They probably didn't legally violate the spirit though. The new, more defined rules mean anything within the new rules is within the spirit, most likely. Quote Link to comment Share on other sites More sharing options...
NJDevs4978 Posted July 1, 2011 Share Posted July 1, 2011 (edited) And yet if we tried to re-sign Parise to a 12-year 60 million dollar deal with him getting 40 million in the first four years the NHL'd haul our butts back to court again God, I can't stand this league. Every other team in it gets away with skirting the rules and violating the 'spirit' of the CBA. I hope someone sheets Stamkos tomorrow at 10/85-90 using this crap I hope it's the Leafs so Burke can really show (again) what a hypocrite he is. Edited July 1, 2011 by NJDevs4978 Quote Link to comment Share on other sites More sharing options...
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