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A burden shared is a burden halved

Created by: ricochetii
Team: 2023-24 Edmonton Oilers
Initial Creation Date: Jan. 16, 2024
Published: Jan. 16, 2024
Salary Cap Mode: Basic
Description
Note: Pickard sent down shows $1.5M remaining to add a goaltender.

Note: Montreal is also absorbing half Campbell's cap for the remaider of this season.
Trades
EDM
  1. Kovacevic, Johnathan
Additional Details:
Premise:
Edmonton pays only a single 1st to unload Campbell, with the understanding Montreal will buy out Campbell, resulting in a 50% split of his buyout cost.
That's $5.25M for each team with the highest single year penalty being $1.3M to each team.

$650k - $1.15M - $1.3M
Followed by 3 years at $750k each.

*The 1st would be lottery protected.
MTL
  1. Campbell, Jack ($2,500,000 retained)
  2. Lavoie, Raphael
  3. 2024 1st round pick (EDM)
Additional Details:
Montreal also exchanges Kovacevic for Lavoie.

Montreal helps Edmonton out of a jam and Edmonton helps Montreal lessen their defensive log jam.
Buyouts
Retained Salary Transactions
DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
2024
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the NSH
2025
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
2026
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
Logo of the EDM
ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
22$83,500,000$81,953,334$850,000$3,225,000$1,546,666
Left WingCentreRight Wing
Logo of the Edmonton Oilers
$5,125,000$5,125,000
LW, RW
NMC
UFA - 3
Logo of the Edmonton Oilers
$12,500,000$12,500,000
C
NMC
UFA - 3
Logo of the Edmonton Oilers
$5,500,000$5,500,000
RW, LW
NMC
UFA - 5
Logo of the Edmonton Oilers
$5,125,000$5,125,000
LW, C
NMC
UFA - 6
Logo of the Edmonton Oilers
$8,500,000$8,500,000
C, LW
M-NTC, NMC
UFA - 2
Logo of the Edmonton Oilers
$807,500$807,500
RW, C
RFA - 1
Logo of the Edmonton Oilers
$2,750,000$2,750,000
LW, RW
UFA - 1
Logo of the Edmonton Oilers
$2,100,000$2,100,000
C
RFA - 2
Logo of the Edmonton Oilers
$775,000$775,000 (Performance Bonus$3,225,000$3M)
RW, LW
UFA - 1
Logo of the Edmonton Oilers
$1,000,000$1,000,000
LW, RW
UFA - 1
Logo of the Edmonton Oilers
$900,000$900,000
C, RW
UFA - 2
Logo of the Edmonton Oilers
$775,000$775,000
RW, C
UFA - 1
Left DefenseRight DefenseGoaltender
Logo of the Edmonton Oilers
$9,250,000$9,250,000
LD
NMC
UFA - 7
Logo of the Edmonton Oilers
$3,900,000$3,900,000
RD
RFA - 2
Logo of the Edmonton Oilers
$2,600,000$2,600,000
G
UFA - 3
Logo of the Edmonton Oilers
$6,000,000$6,000,000
LD/RD
UFA - 3
Logo of the Edmonton Oilers
$3,250,000$3,250,000
RD
UFA - 2
Logo of the Edmonton Oilers
$2,750,000$2,750,000
LD/RD
UFA - 3
Logo of the Montreal Canadiens
$766,667$766,667
RD
UFA - 2
ScratchesInjured Reserve (IR)Long Term IR (LTIR)
Logo of the Edmonton Oilers
$775,000$775,000
RD
RFA - 2
Logo of the Edmonton Oilers
$762,500$762,500
RD
UFA - 1
Logo of the Edmonton Oilers
$775,000$775,000
LW, RW
UFA - 1

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Jan. 16 at 11:51 a.m.
#1
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This trade is horrible for Edmonton you realize Edmonton can just buy campbell out at the end of the season and free up 3.9M in cap immediately this trade doesn’t make any sense
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Jan. 16 at 11:52 a.m.
#2
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LMAO I just realized oilers are retaining 50% what horrendous unrealistic trade for Edmonton you must live in fantasy land
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Jan. 16 at 12:07 p.m.
#3
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Quoting: Oilers_29
This trade is horrible for Edmonton you realize Edmonton can just buy campbell out at the end of the season and free up 3.9M in cap immediately this trade doesn’t make any sense


Quoting: Oilers_29
LMAO I just realized oilers are retaining 50% what horrendous unrealistic trade for Edmonton you must live in fantasy land


Buyout money is dead cap. Even $500k can make a big difference in flexibility, especially pro-rated at the deadline by accumulating space through the season.

This is much cheaper than offloading Campbell completely and returns opportunity cost over buying out his full contract.
There's also enough relief provided this season to upgrade your backup (perhaps more).
Jan. 16 at 12:12 p.m.
#4
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Quoting: ricochetii
Buyout money is dead cap. Even $500k can make a big difference in flexibility, especially pro-rated at the deadline by accumulating space through the season.

This is much cheaper than offloading Campbell completely and returns opportunity cost over buying out his full contract.
There's also enough relief provided this season to upgrade your backup (perhaps more).

This trade is terrible though why would edmonton do this lmao doesn’t make any sense the only way this trade would be fair is if Edmonton isn’t retaining on campbell
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Jan. 16 at 12:18 p.m.
#5
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Quoting: Oilers_29
This trade is terrible though why would edmonton do this lmao doesn’t make any sense the only way this trade would be fair is if Edmonton isn’t retaining on campbell


Nobody is taking Campbell's full cap hit at that price.
It has merits if you take the time to consider it and look at the numbers.
Jan. 16 at 12:34 p.m.
#6
MisstheWhalers
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This seems awful for Edmonton.
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Jan. 16 at 12:40 p.m.
#7
MK458
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Oilers will just buy him out themselves. It really isn't that bad of a buyout
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Jan. 16 at 12:47 p.m.
#8
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The difference between the normal buyout and the 50% buyout isn't big enough to justify losing a 1st IMO. I'd rather they just buy him out themselves.
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Jan. 16 at 12:48 p.m.
#9
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Quoting: MisstheWhalers
This seems awful for Edmonton.


More or less than the alternatives?

Multiple 1sts to move Campbell (assuming they can even find a partner)
Keep the 1st and lose valuable cap space with a buyout
Meet in the middle and trade one 1st for partial relief

Obviously nobody wants to pay to dump cap.
Once you're in this situation though, you have to do what it takes to prevent it from handicapping the team.
Jan. 16 at 12:53 p.m.
#10
MisstheWhalers
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Quoting: ricochetii
More or less than the alternatives?

Multiple 1sts to move Campbell (assuming they can even find a partner)
Keep the 1st and lose valuable cap space with a buyout
Meet in the middle and trade one 1st for partial relief

Obviously nobody wants to pay to dump cap.
Once you're in this situation though, you have to do what it takes to prevent it from handicapping the team.


Have you looked at what Campbell's buyout is?

With the retention all this really does is save them from the last three years which are the lowest, if they were getting the Avs 2nd which the Habs have maybe there's an argument for it but as it's posted here I don't see it as a good move for Edmonton.
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Jan. 16 at 12:54 p.m.
#11
MK458
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Quoting: ricochetii
More or less than the alternatives?

Multiple 1sts to move Campbell (assuming they can even find a partner)
Keep the 1st and lose valuable cap space with a buyout
Meet in the middle and trade one 1st for partial relief

Obviously nobody wants to pay to dump cap.
Once you're in this situation though, you have to do what it takes to prevent it from handicapping the team.


In this scenario the Oiler are paying a 1st and a good young player to only save an additional 650k next year, 1.15 million the next, and 1.3 million the next. In my opinion, not a single team values that much savings at the cost of a 1st and a young player, even the teams that are contending
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Jan. 16 at 1:03 p.m.
#12
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The price would be fine if Campbell's contract included a bunch of bonuses in the following years that made his contract buyout proof but that isnt the case!

The bonuses are paid by the offseason and he will be bought out at 1.5M AAV. The Oilers arent paying anything to offload Campbell unless its a Chicago style shortsighted move ala Tyler Johnson where it only costs a 2nd rounder.
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Jan. 16 at 1:10 p.m.
#13
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Quoting: mk458
In this scenario the Oiler are paying a 1st and a good young player to only save an additional 650k next year, 1.15 million the next, and 1.3 million the next. In my opinion, not a single team values that much savings at the cost of a 1st and a young player, even the teams that are contending


This!

Saving cap is fine in ALL in window but NOT at any cost. Cap space in the end whether you are tight at your limit or not is about buying assets. The Oilers arent offloading precious 1sts when they can be used to pay for guys like Ekholm who has been unbelievable and unlocked a lot of BouchBomb potential maybe quicker than otherwise.
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Jan. 16 at 1:21 p.m.
#14
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Quoting: mk458
In this scenario the Oiler are paying a 1st and a good young player to only save an additional 650k next year, 1.15 million the next, and 1.3 million the next. In my opinion, not a single team values that much savings at the cost of a 1st and a young player, even the teams that are contending


It's only really the 1st for Campbell. Perhaps I should have left out the Kovacevic/Lavoie swap, but I see that as added value for Edmonton with his low cap hit and Lavoie not being a contributor for them.
The going rate for a $5-6M cap dump is a 1st. There may be a team willing to do it for less with it being spread out, but they would have to be closer to the beginning of a rebuild than Montreal.
Everyone wants to maximize their cap space during their contention window, so you ideally don't want any dead cap haunting you through those years.

Each $1 saved on the cap is worth ~$4 at the deadline, so the difference between a buyout at 100/50% next season is $650k/$2.6M, or an extra $1.95M for deadline moves.
Converseley, the team sharing that cap penalty (Montreal) would have $1.95M less at the deadline.
For a team that doesn't project to be a buyer (Montreal) there's less of an impact, but for a team that intends to add and compete every year that impact can be significant.

It's fair to debate whether that is worth it. I'm only saying not to dismiss the significance of the idea because it doesn't look particularly beneficial at a glance.
There's more to consider than what might be immediately apparent. It's not simply paying a 1st to save a minimal amount of money.
Jan. 16 at 1:21 p.m.
#15
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Interesting concept at least. Don't think the value is there for Edmonton though.
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Jan. 16 at 4:29 p.m.
#16
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Quoting: Lancebmx
Interesting concept at least. Don't think the value is there for Edmonton though.


That's all, just a little different idea.
Wasn't able to think of any comparable moves with term contracts.
 
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