Kukla's Korner Hockey
The Sign And Trade Scenario For Steven Stamkos
by Paul on 06/28/16 at 10:57 AM ET
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from Chris Johnston of Sportsnet,
The Stamkos camp, led by agent Don Meehan of Newport Sports, essentially controls the situation. They’ve had an open interview period to speak with rival teams since Saturday and also enjoy the protection of a no-movement clause in the player’s expiring deal.
As a result, they would have to be central in orchestrating the first sign-and-trade agreement in NHL history.
For teams looking to add Stamkos there may even be a benefit to completing that sort of maneuver with the Lightning. They would have to part with an asset, sure, but it also offers the chance to lower the player’s eventual cap hit by spreading it over eight years rather than the maximum seven they could offer on the open market.
(If Stamkos’s price is $80-million over the length of the deal, for example, that amounts to an $11.43-million annual cap hit on a seven-year contract and $10-million on an eight).
Filed in: NHL Teams, Tampa Bay Lightning, | KK Hockey | Permalink
Tags: steven+stamkos
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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On the surface sign and trade is best for Stevie Y BUT Stamkos will provide a list of acceptable teams that he would go to, do those teams have assets Tampa wants, there will be a time limit on trading Stamkos, etc At least teams wanting Stamkos will know what the Cap Hit will be going in.
Teams are waiting out Stevie Y and if he gets anything back he should be happy. Maybe trading him last year would have been better for Tampa?
Getting near nothing for Stamkos, yikes
Posted by WingedRider from Saskatoon, SK on 06/28/16 at 12:58 PM ET