Tuesday 6 July 2010

Using the Cap and Budget to Advantage


(IF he had ended up on the westcoast... marketing doesn't get any easier than that)

The NYI are, supposedly, in the hunt for Kovalchuk. They also, factually, have to meet the Cap floor of (59.4 - 16.0 =) $43.4 million.

Current team salary stands at ~ $36 million and when role players are factored in that number should settle in at ~ $39 million. That leaves some $4.4 million to make up.

Why are they after Kovalchuk again?

Edmonton desperately wants to dump Souray ($5.4m Cap / $4.5m Sal), Chicago wants to dump Huet ($5.6m Cap / $5.6m Sal), Anaheim would love to dump Blake ($4.0m Cap / $3.0m Sal), etc.

The Isles are desperately in need of young, cheap, high-end talent. Kovalchuk ain't that. 1st round draft picks tend to be.

If I were Garth Snow I am spending a great deal of time talking to Anaheim and letting them know that Blake is a guy they can send my way at the cost of a draft pick(s) upgrade. Something like this:

Blake, ANA 1st round pick 2011 and ANA 4th round pick 2012
.. OR (Anaheim's choice prior to 2011 draft)..
Blake, ANA 2nd round pick 2011 and ANA 1st round pick 2012
FOR
NYI 3rd round pick 2011, NYI 5th round pick 2011

Anaheim dumps the Blake contract - allowing them to use the money for Ryan - has protection in case they fall apart in 2010/11 and the option to dump their pick in 2011 regardless (being a weaker draft class).

Islanders get a guy who won't help them much regardless - thereby not affecting their own draft pick standings - get much closer to the Cap floor (relatively painlessly) and stock up on higher quality draft picks.

The Isles don't have any, real, short-cut options on their rebuild. Using the Kovalchuk money to snag good picks and prospects from teams that need to dump salary is the best option. Full stop.

------

Have a great evening everyone.