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Lundqvist Next Season
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Steady Eddie
Posted 2020-08-07 2:32 PM (#733989)
Subject: Lundqvist Next Season



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Retirement might be his best option if he wants to be a starter in Sweden next season.
The first buyout period that normally takes place in June is scheduled to begin on either Sept. 25 or the first day of the Cup final, whichever is later. It is scheduled to close on Oct. 8 or six days after the final ends, whichever is later. Under this scenario, franchise hierarchy has another seven weeks to allow this to marinate, not that there is any reason to drag this out.

If the Rangers buy out Lundqvist, they would save $3 million on the cap. But they would add another $5.5 million of dead space, increasing their total to an astonishing $12.994 million. In effect, the team will be working with a $68.506 million cap. A buyout would also add $1.5 million of dead space for the following year. And yes, much of the savings would go toward Georgiev, who is a restricted free agent with arbitration rights. But a buyout would not be about cap management as much as personnel management.

But there is a wrinkle here that would not apply in this pre-COVID world that might benefit the Blueshirts. Under traditional circumstances, an NHL player would be bought out and then have time to decide whether to sign in Europe. But not now. The NHL buyout period will be held after the Swedish Hockey League season begins on schedule.

Again. I don’t know what Lundqvist is going to do. He might and might not. He might have laid out his blueprint during the pause. But there is this to consider: Next NHL season won’t start until at least December. It is impossible to project the virus’ continued impact across the country. If Lundqvist does play in the NHL next season, it’s certainly a possibility his family would remain in Sweden. Is that what he’d want at age 38?

Or would Lundqvist want to finish his pro career where it started, in Frolunda, playing for the team that is captained by his brother, Joel? I don’t know, but if that is his desire, he would presumably announce his retirement from the NHL within a matter of weeks and join his hometown team. The Rangers would thus clear $8.5 million of space and Lundqvist would forfeit the $5.5 million in pay he is owed.


https://nypost.com/2020/08/05/rangers-split-is-the-only-easy-part-of...
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Rranger
Posted 2020-08-07 5:15 PM (#733990 - in reply to #733989)
Subject: RE: Lundqvist Next Season



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Steady Eddie - 2020-08-07 1:32 PM

Retirement might be his best option if he wants to be a starter in Sweden next season.
The first buyout period that normally takes place in June is scheduled to begin on either Sept. 25 or the first day of the Cup final, whichever is later. It is scheduled to close on Oct. 8 or six days after the final ends, whichever is later. Under this scenario, franchise hierarchy has another seven weeks to allow this to marinate, not that there is any reason to drag this out.

If the Rangers buy out Lundqvist, they would save $3 million on the cap. But they would add another $5.5 million of dead space, increasing their total to an astonishing $12.994 million. In effect, the team will be working with a $68.506 million cap. A buyout would also add $1.5 million of dead space for the following year. And yes, much of the savings would go toward Georgiev, who is a restricted free agent with arbitration rights. But a buyout would not be about cap management as much as personnel management.

But there is a wrinkle here that would not apply in this pre-COVID world that might benefit the Blueshirts. Under traditional circumstances, an NHL player would be bought out and then have time to decide whether to sign in Europe. But not now. The NHL buyout period will be held after the Swedish Hockey League season begins on schedule.

Again. I don’t know what Lundqvist is going to do. He might and might not. He might have laid out his blueprint during the pause. But there is this to consider: Next NHL season won’t start until at least December. It is impossible to project the virus’ continued impact across the country. If Lundqvist does play in the NHL next season, it’s certainly a possibility his family would remain in Sweden. Is that what he’d want at age 38?

Or would Lundqvist want to finish his pro career where it started, in Frolunda, playing for the team that is captained by his brother, Joel? I don’t know, but if that is his desire, he would presumably announce his retirement from the NHL within a matter of weeks and join his hometown team. The Rangers would thus clear $8.5 million of space and Lundqvist would forfeit the $5.5 million in pay he is owed.


https://nypost.com/2020/08/05/rangers-split-is-the-only-easy-part-of...







The biggest trade hurdle is a western team it would work for, to take on 1/2 his salary. I don’t think the Rangers want Lundqvist as a opponent, playing in New York period. Maybe there’s a Lucic, Neale kinda deal out there, a team with a big short term ticket of a player the Rangers think they can squeeze a year out of. Certainly bringing in a high priced one year contract defenseman in exchange could work, if the Rangers move on from Smith and Staal.
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Rangerjunkie
Posted 2020-08-07 6:18 PM (#733993 - in reply to #733989)
Subject: Re: Lundqvist Next Season


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Retirement would absolutely be the best result the Rangers could hope for!

We could really use that 8.5 for players we need desperately.
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Pierre_Pdare
Posted 2020-08-10 3:54 PM (#733997 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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He has been horrible last 2 seasons and a shadow of his former self... He will be bought out... No one is going to trade for him and he is not going to retire .... and give up any money... would you?
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LeetchyMrRanger
Posted 2020-08-10 5:51 PM (#734011 - in reply to #733989)
Subject: Re: Lundqvist Next Season


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Some say if the Rangers are that good that soon, he takes less $, plays the backup roll for a chance to win.
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Fish
Posted 2020-08-10 6:05 PM (#734018 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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Buyout for Lundqvist would save 3 million this coming season and add 1.5m in dead space the following
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Steady Eddie
Posted 2020-08-11 5:43 AM (#734030 - in reply to #733997)
Subject: Re: Lundqvist Next Season



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Pierre_Pdare - 2020-08-10 5:54 PM

He has been horrible last 2 seasons and a shadow of his former self... He will be bought out... No one is going to trade for him and he is not going to retire .... and give up any money... would you?


$5.5 million? Probably not, but you never know with someone who has amassed a lot more than that over a career. Marcus Naslund retired in 2009 and left $4 million on the table. Add in the "pride" factor. Is Lundqvist willing to play 2nd, possibly 3rd banana after an illustrious career? Is he going to take the chance that he gets bought out, too late to play a season in Sweden? Retirement may be the noble way to go.

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Rranger
Posted 2020-08-11 10:11 AM (#734032 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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If you have to buy him out you do. Hopefully they can work a deal, but I doubt it would loosen up cap dollars certainly no more, than if the Rangers just buy him out. A trade could save the $1.5 mill dead space next season, but won’t likely help much this year. Who in their right mind would take on a big enough chunk of Hanks contract, without Gorton ponying some type of inducement.? I mentioned before maybe there is a one year contracted forward or dman teams want to move the Rangers could flip Lunqvist for.
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Av-merican
Posted 2020-08-11 11:39 AM (#734035 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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A buyout is probably the only option unless they send their other 1st rounder, a semi-decent prospect in some salary dump deal (and I think the Rangers would absolutely have to agree to eat half the salary in that scenario). And if I'm not mistaken, Henrik has trade protection.

The problem with a buyout is that it leaves a TON of dead cap space thanks to the Shattenkirk buyout jumping up astronomically next year, and the cap being flat makes for even more bad news...not to mention the two boat anchor contracts in Smith and Staal they can't do anything about.

No easy answers here. You hope he either retires or they convince him to develop an "equipment allergy" that allows them to put him on LTIR for the entire season, but otherwise, it's gonna have to be a buyout.
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Fish
Posted 2020-08-11 2:28 PM (#734040 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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Well if you look at it financially, it breaks down something like this:

Lundqvist stays: NYR remains same - 2020-21 season $7.5M dead space 2021-22 season $2.5M dead space
Lundqvist retires: NYR free up $8.5M - 2020-21 season $7.5M dead space 2021-22 season $2.5M dead space
Lundqvist buyout: NYR free up $3M - 2020-21 season $13M dead space 2021-22 season $4M dead space
Lundqvist trade (50% retained): NYR free up $4.25M - 2020-21 season $7.5M dead space 2021-22 season $2.5M dead space

There is also some additional downside to the trade route, in that you will likely have to give something up (like Marleau costing the Leafs a first round pick)

Now if you figure the Rangers aren't going to win the cup next year, then I think you have to weigh up whether getting the extra cap space is something that's important enough to make the move now, and take the penalty next year (or give up the extra asset)

You also have to figure in how much it would cost to re-sign/replace Strome, DeAngelo, Lemieux and Fast primarily...and do you need the space now because you figure those guys are part of the longer term
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LeetchyMrRanger
Posted 2020-08-12 11:31 AM (#734057 - in reply to #733997)
Subject: Re: Lundqvist Next Season


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Pierre_Pdare - 2020-08-10 3:54 PM

He has been horrible last 2 seasons and a shadow of his former self... He will be bought out... No one is going to trade for him and he is not going to retire .... and give up any money... would you?


If I made probably over $100Mil, a media darling no shortage of revenue with that also, the only thing missing is a cup to put my name & mentioned with the likes of Marty, Roy, Hasek which probably means even more media coverage, ads/etc... Yes, I would. Hank will never be mentioned with those 3 fair or not, that's the way it works.
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Fish
Posted 2020-08-13 12:32 PM (#734064 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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With Seattle joining the league in 2021-22, would it make sense to trade Georgiev and keep Lundqvist for his final year? You'd be at risk of losing Georgiev the following year anyway, but then you're also banking on Sheshterkin after 13 games...
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Mcphee
Posted 2020-08-14 3:18 AM (#734081 - in reply to #733989)
Subject: Re: Lundqvist Next Season


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They wouldn't have to lose Georgiev as they could protect him.Igor is exempt from that upcoming draft.
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x10003q
Posted 2020-08-14 10:24 AM (#734086 - in reply to #734064)
Subject: Re: Lundqvist Next Season



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Fish - 2020-08-13 2:32 PM

With Seattle joining the league in 2021-22, would it make sense to trade Georgiev and keep Lundqvist for his final year? You'd be at risk of losing Georgiev the following year anyway, but then you're also banking on Sheshterkin after 13 games...


Didn't they sign Berube to avoid having Geogiev available for the Seattle draft? Berube is an unsigned UFA right now.
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Rranger
Posted 2020-08-14 11:23 AM (#734088 - in reply to #733989)
Subject: Re: Lundqvist Next Season



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They have to have a available goalie for the draft which is why they signed Berube. If they get rid of Lundqvist, Georgiev will be protected because Shestorokin will not have to be protected. So they are set up for that scenario if Lundqvist gets moved and he will be gone, before the next season starts.
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Steady Eddie
Posted 2020-09-05 5:40 AM (#734172 - in reply to #734088)
Subject: Re: Lundqvist Next Season



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Lundqvist is coming back to NY.

“We’re coming back to NYC to start the school year there,” the King said via an email exchange with The Post on Wednesday. “Then we’ll go from there.”

His return to New York effectively closes the door on the possibility that he’d play in Sweden for Frolunda with his twin brother Joel.


https://nypost.com/2020/09/02/henrik-lundqvist-returning-to-new-york...
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