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Thread: Bye, Bye Phaneuf??? { It's Official Phaneuf Bought Out }

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    Default Bye, Bye Phaneuf??? { It's Official Phaneuf Bought Out }

    https://twitter.com/tfp/status/1135019786826596353?s=21




    The Los Angeles Kings are believed to be weighing their options with respect to veteran defenceman Dion Phaneuf and if a trade cannot be orchestrated, the team is expected to buy him out.


    Christmas in Summer??? woooohooo!









    It's a done deal. Phaneuf Bought Out.
    https://www.nhl.com/kings/news/la-ki...uf/c-307865906
    Last edited by SirJW; June 15th, 2019 at 04:20 PM.

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    It's The Fourth Period.


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    If true though, it would cost us $1,416,667 per year for 4 years.
    I actually did the math and then found out Cap Friendly does it for me.

    https://www.capfriendly.com/buyout-c...r/dion-phaneuf

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    So there's still a chance that a trade could still happen!?!


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    Quote Originally Posted by orpheus View Post
    So there's still a chance that a trade could still happen!?!

    There's always Edmonton who is just stupid enough.
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    Quote Originally Posted by Trapper9 View Post
    If true though, it would cost us $1,416,667 per year for 4 years.
    I actually did the math and then found out Cap Friendly does it for me.

    https://www.capfriendly.com/buyout-c...r/dion-phaneuf
    No, the buyout would save roughly $3 million in cap this upcoming season, but only save $1 million the following year, then add a little bit over a million for the next two years.

    Unless Phaneuf is a problem in the room or they are serious about clearing out the beach volleyball team, this doesn't make a lot of fiscal sense.

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    Quote Originally Posted by TooCool View Post
    There's always Edmonton who is just stupid enough.
    Hey, at least he can actually stay healthy enough to play more than 5 games unlike Sekera, so that would be a bonus for the Oilers. :P

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    Quote Originally Posted by Mondo Blando View Post
    No, the buyout would save roughly $3 million in cap this upcoming season, but only save $1 million the following year, then add a little bit over a million for the next two years.

    Unless Phaneuf is a problem in the room or they are serious about clearing out the beach volleyball team, this doesn't make a lot of fiscal sense.
    Yeah, I saw the total savings is less than 3 million, So in the long run it may be better to just ride him out.

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    Quote Originally Posted by Trapper9 View Post
    Yeah, I saw the total savings is less than 3 million, So in the long run it may be better to just ride him out.
    Plus, think of all the higher draft picks we'll acquire with his terrible defensive play.

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    Quote Originally Posted by Mondo Blando View Post
    No, the buyout would save roughly $3 million in cap this upcoming season, but only save $1 million the following year, then add a little bit over a million for the next two years.

    Unless Phaneuf is a problem in the room or they are serious about clearing out the beach volleyball team, this doesn't make a lot of fiscal sense.
    I don't understand it either. Phaneuf has always seemed to be a great teammate so I can't see him being bad in the locker room. Who exactly is he keeping from the NHL ice? Matt Roy? Kurtis MacDermid? Unless the Kings think one or more of Durzi/Brickley/Clague/Anderson is NHL-ready today, then Phaneuf is not taking ice time from anyone. Just eat the salary now rather than buy him out and be down $1.4M in cap space when the young guys are finally hitting their stride and you need to add the Mike Richards vet. This seems like wrecking the future to fix a present which doesn't involve being a Cup contender.

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