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Thread: CBJ buying out Wennberg

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    Default CBJ buying out Wennberg

    I do trust Portzline so if he's talking about this, I'd like to think he's getting this info on the up and up. At this point, it's clearly still a rumor and thats why I labelled it so, but still interesting if it happens.

    https://twitter.com/Aportzline/statu...98375008595969

    The Athletic: Has it come to this? #CBJ said to be considering a contract buyout of struggling center Alexander Wennberg; it makes huge financial sense for them to act this off-season
    https://theathletic.com/2092472/2020...shared_article
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    What did happen with Wennberg? He had such a good year in 16/17. I guess Dubois coming in probably didn't help him all that much either.
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by bondon View Post
    What did happen with Wennberg? He had such a good year in 16/17. I guess Dubois coming in probably didn't help him all that much either.
    Ya, it's hard to say. In the article it does make good reasoning why they would consider it. Due to his age, the biggest reason is only owing him 1/3 of the amount instead of 2/3s if they wait until next year.

    Wennberg’s salary cap hit is $4.9 million, but he’s due to make $5.35 million in each of the final three years of the deal, or $16.05 million total.

    If the Blue Jackets bought out his contract this offseason, they would owe him only one-third of that, or $5.35 million. Spread over six years — two years for each remaining year of his contract — it means Columbus would pay Wennberg $891,667 a year through 2025-26.

    His new salary cap figure, according to CapFriendly, would be $441,667 for the next three seasons, then $891,667 for the following three seasons (2023-24, 2024-25 and 2025-26). The Blue Jackets would clear $4,458,333 off the salary cap figure over the next three seasons and save a whopping $10,700,000 overall.

    If they waited until next season, the Blue Jackets would save only $3.5 million by buying out the remaining two years of Wennberg’s deal, and they’d owe him $1,792,000 a year for the following four seasons.
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    He has some upside but the results are not there. He's become very replaceable.


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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    You think the fact that they signed Grigo played a part in that possible buy-out?
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by PicklePickle View Post
    You think the fact that they signed Grigo played a part in that possible buy-out?
    Hard to say but I cant see it. It's not like Grigerenko has done anything in the NHL yet to warrant this type of move.
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by PicklePickle View Post
    You think the fact that they signed Grigo played a part in that possible buy-out?
    Grigorenko had been playing wing in the KHL and I think he'll likely stay a winger under Torts.

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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by Dennis View Post
    Grigorenko had been playing wing in the KHL and I think he'll likely stay a winger under Torts.
    didnt know that. I just remembered him being drafted as a center

    They gonna have to play someone as the 2C hehe
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Interestingly, Wennberg's 2017-18 was only different from his 2016-17 in two main ways.
    1. He played 66gp, rather than a full 80gp.
    2. He had 21ppa in the big year, but only 2ppga in the follow-up year.

    It's something to always "buyer beware"... the token assists on a dynamic PP.
    You take those 21ppa off his 59pts year... and we see him more of a 38pt player... which is what he is.
    I mean... that PP1 was just clicking that year - which even made Sam Gagner look good!!!
    [It was the additions of BOTH... Panarin AND PLD that bumped Wennberg off PP1.]

    $5m/year... for a guy that does 35-40pts at even strength.
    It was always a bit much... and is way too much if you aren't using him on a PP1 unit.

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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Shitty timing with the buyout window sliding back to this weekend as he literally just turned 26. In a normal year, they buy him out in June and get him for 1/3rd of the contract spread over double the years instead of 2/3rds for players 26 or older.
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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by metaldude26 View Post
    Shitty timing with the buyout window sliding back to this weekend as he literally just turned 26. In a normal year, they buy him out in June and get him for 1/3rd of the contract spread over double the years instead of 2/3rds for players 26 or older.
    Wait, I thought they were buying him out at the cheaper buyout hit. That's what they are saying.
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    Keep 20/25 at seasons end, Cut 5 to FA for redrafting
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    Stamkos, Tavares, Eichel, Mercer, JRobertson, RThomas, Kucherov, Nugent-Hopkins, Tuch, KConnor, Necas, Point, Konecny, SJarvis, Cozenz, Morrissey, Bouchard, Josi, Novak, Tolvanen, Peterka, Brink

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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    I think for buyout purposes he's still being treated as under-26.

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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Quote Originally Posted by Dennis View Post
    I think for buyout purposes he's still being treated as under-26.
    Ya, I dont see them bothering buying him out if it's costing them 2/3rds of the cap hit.
    10 Team, Points Only, Cash League

    25 Man Roster (no position), top 20 point getters count at end of month
    Keep 20/25 at seasons end, Cut 5 to FA for redrafting
    Goalie points W=2pt L=-1pt SHO=2pt

    Stamkos, Tavares, Eichel, Mercer, JRobertson, RThomas, Kucherov, Nugent-Hopkins, Tuch, KConnor, Necas, Point, Konecny, SJarvis, Cozenz, Morrissey, Bouchard, Josi, Novak, Tolvanen, Peterka, Brink

    G- Vasilevskiy, Sorokin, Oettinger


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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Pretty sure everything is being played as though the buyouts were happening in June/July. This is not a normal offseason.


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    Default Re: [Rumor] CBJ considering buying out Wennberg?

    Done deal.

    https://twitter.com/Aportzline/statu...23198720978944

    The Athletic: Alexander Wennberg will be placed on waivers at noon today by the Blue Jackets, the Athletic has learned, the first step toward buying out the remaining three years of his contract #CBJ
    https://theathletic.com/2124423/2020...ergs-contract/
    10 Team, Points Only, Cash League

    25 Man Roster (no position), top 20 point getters count at end of month
    Keep 20/25 at seasons end, Cut 5 to FA for redrafting
    Goalie points W=2pt L=-1pt SHO=2pt

    Stamkos, Tavares, Eichel, Mercer, JRobertson, RThomas, Kucherov, Nugent-Hopkins, Tuch, KConnor, Necas, Point, Konecny, SJarvis, Cozenz, Morrissey, Bouchard, Josi, Novak, Tolvanen, Peterka, Brink

    G- Vasilevskiy, Sorokin, Oettinger


    "Cleavage is like the sun. You can look, but dont stare.. Unless you're wearing sunglasses."

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