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Gerbe on Buyout Waivers


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#1 That Aud Smell

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Posted 03 July 2013 - 11:04 AM

Per McKenzie, TSN.

https://twitter.com/...457415335215104

Edited by That Aud Smell, 03 July 2013 - 11:04 AM.


#2 26CornerBlitz

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Posted 03 July 2013 - 11:06 AM

:thumbsup:  The grand experiment is over. I wish him the best elsewhere.

#3 TrueBluePhD

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Posted 03 July 2013 - 11:06 AM

Hallelujah.

#4 That Aud Smell

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Posted 03 July 2013 - 11:06 AM

Perhaps a move intended to make room for another forward? Or just a recognition that he wasn't cutting it at the NHL level?

#5 Sabres Fan In NS

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Posted 03 July 2013 - 11:07 AM

View PostThat Aud Smell, on 03 July 2013 - 11:04 AM, said:


Bob McKenzie@TSNBobMcKenzie 2m
Buyout waivers: Gerbe (BUF) Colaiacovo (DET).

=====

BOOM!!

I like Gerbe.  He has gumshion.  I feel bad, but it was only a matter of time before he was off the team.

#6 shrader

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Posted 03 July 2013 - 11:09 AM

That one seems like kind of a waste.  They're burning up a buy out on a relatively cheap contract with only one year remaining.  Unless they plan on being near the cap, they were better off sending him to the AHL.

#7 26CornerBlitz

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Posted 03 July 2013 - 11:09 AM

Not a very big Cap savings...they must have really been down on him. http://www.capgeek.com/player/398

#8 That Aud Smell

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Posted 03 July 2013 - 11:10 AM

big goal. big game. little guy.



#9 Spndnchz

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Posted 03 July 2013 - 11:11 AM

OMG Darcy is getting WILD and CRAAAAAAAZZZZZYYYY!

#10 TrueBluePhD

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Posted 03 July 2013 - 11:11 AM

View Postshrader, on 03 July 2013 - 11:09 AM, said:

That one seems like kind of a waste.  They're burning up a buy out on a relatively cheap contract with only one year remaining.  Unless they plan on being near the cap, they were better off sending him to the AHL.

In my elation that he was off the team, I didn't think about this. Kind of a curious decision when you have 2-3 who could be buyout candidates next year.

#11 Potato

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Posted 03 July 2013 - 11:12 AM

At 5'3, he absolutely needs to be a serious scoring threat... a top-2 line guy... and he just isn't.  Good move waiving him.  I wish Hefty Smurf the best!  Hopefully he will catch on somewhere else.

#12 That Aud Smell

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Posted 03 July 2013 - 11:13 AM

View PostTrueBluePhD, on 03 July 2013 - 11:11 AM, said:

In my elation that he was off the team, I didn't think about this. Kind of a curious decision when you have 2-3 who could be buyout candidates next year.

Yeah.

The funk is this about?

Seriously.

#13 26CornerBlitz

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Posted 03 July 2013 - 11:13 AM

View PostTrueBluePhD, on 03 July 2013 - 11:11 AM, said:

In my elation that he was off the team, I didn't think about this. Kind of a curious decision when you have 2-3 who could be buyout candidates next year.

Regular waivers and a demotion to Roch would have made more sense to me.

#14 ThirtyEight

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Posted 03 July 2013 - 11:15 AM

Well this makes no sense

#15 shrader

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Posted 03 July 2013 - 11:15 AM

View Post26CornerBlitz, on 03 July 2013 - 11:13 AM, said:



Regular waivers and a demotion to Roch would have made more sense to me.

They save roughly half his cap hit that way and still retain the two buyouts. If nothing else, this is more proof to never trust the words of any GM.

#16 That Aud Smell

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Posted 03 July 2013 - 11:16 AM

i don't even know what this means:

45]  FollowPosted ImageDriving Play@DrivingPlay

FWIW, Gerbe is eligible for the 1/3rd buyout and should not be a compliance buyout

https://twitter.com/...460268606984192

is it possible that this is not a compliance buyout?

Edited by That Aud Smell, 03 July 2013 - 11:18 AM.


#17 qwksndmonster

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Posted 03 July 2013 - 11:16 AM

Is it a normal buyout or a compliance buyout?  What a waste.

My mom's gonna freakin' lose it when I tell her.  Good luck Gerbe.  Thanks for always playing like you meant it.

#18 ThirtyEight

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Posted 03 July 2013 - 11:18 AM

View PostThat Aud Smell, on 03 July 2013 - 11:16 AM, said:

i don't even know what this means:

45]


  FollowPosted ImageDriving Play@DrivingPlay


FWIW, Gerbe is eligible for the 1/3rd buyout and should not be a compliance buyout

https://twitter.com/...460268606984192

It means he will count against the cap for two years, rather than not at all. Still unless we are up against the cap i'm not sure why we are doing this? Just send him to Roch

#19 MattPie

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Posted 03 July 2013 - 11:19 AM

View Postshrader, on 03 July 2013 - 11:15 AM, said:

They save roughly half his cap hit that way and still retain the two buyouts. If nothing else, this is more proof to never trust the words of any GM.

Is this a compliance buyout or a regular buyout?

As for the GM, maybe Darcy asked Gerbe what he'd rather do, play in the AHL or get bought out.

View PostThirtyEight, on 03 July 2013 - 11:18 AM, said:

It means he will count against the cap for two years, rather than not at all. Still unless we are up against the cap i'm not sure why we are doing this? Just send him to Roch

Sending him to Roch still counts against the cap in the new CBA.

#20 dudacek

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Posted 03 July 2013 - 11:19 AM

Gotta be a regular buyout. Not sure why he wouldn't just be sent to Rochester.
No room for the little guy on the new Sabres.

#21 weave

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Posted 03 July 2013 - 11:21 AM

*slow golf clap*

#22 26CornerBlitz

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Posted 03 July 2013 - 11:21 AM

View PostMattPie, on 03 July 2013 - 11:19 AM, said:

Is this a compliance buyout or a regular buyout?As for the GM, maybe Darcy asked Gerbe what he'd rather do, play in the AHL or get bought out.

Has to be an RBO. Would be a waste of a CBO with 1 year left for such a small amount.

Edited by 26CornerBlitz, 03 July 2013 - 11:24 AM.


#23 That Aud Smell

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Posted 03 July 2013 - 11:23 AM

Gotta be an RBO. (I just learned that term!) Gotta be.

#24 ThirtyEight

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Posted 03 July 2013 - 11:23 AM

View PostMattPie, on 03 July 2013 - 11:19 AM, said:

Is this a compliance buyout or a regular buyout?

As for the GM, maybe Darcy asked Gerbe what he'd rather do, play in the AHL or get bought out.



Sending him to Roch still counts against the cap in the new CBA.

It would count $325K, hardly a back breaker when you have 14mil space. Now it will count at $600K for two years, hence why it was weird

#25 d4rksabre

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Posted 03 July 2013 - 11:23 AM

Maybe Darcy is exposing him to waivers because a team wants him but he couldn't get anyone to trade for him?

#26 dudacek

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Posted 03 July 2013 - 11:24 AM

Is there anyone unhappy with this move?
Love the kid, but he's just not good enough.

#27 Spndnchz

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Posted 03 July 2013 - 11:25 AM

View PostThirtyEight, on 03 July 2013 - 11:23 AM, said:

It would count $325K, hardly a back breaker when you have 14mil space. Now it will count at $600K for two years, hence why it was weird

Buyouts don't count towards the cap.

#28 That Aud Smell

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Posted 03 July 2013 - 11:26 AM

View PostMattPie, on 03 July 2013 - 11:19 AM, said:

Sending him to Roch still counts against the cap in the new CBA.

Right - his full salary would count there. An RBO would, I think, result in him counting as 1/3 of his cap hit for the remaining term of his contract (?).

#29 MattPie

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Posted 03 July 2013 - 11:26 AM

View PostSpndnchz, on 03 July 2013 - 11:25 AM, said:

Buyouts don't count towards the cap.

??? What's to stop a team from buying anyone that they're not happy with then?

#30 That Aud Smell

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Posted 03 July 2013 - 11:28 AM

View PostSpndnchz, on 03 July 2013 - 11:25 AM, said:

Buyouts don't count towards the cap.

Regular ones do.

http://www.capgeek.c...do-buyouts-work

2013-14  Actual salary was to be $1,850,000 -- cap hit was $1,450,000            

Teams are entitled to buy out player contracts for a portion of the remaining value of the contract — paid over a period of twice the remaining length of the contract. Following are the buyout amounts:
  • Younger than age 26 at the time of buyout, 1/3 the remaining value
  • Age 26 or older at the time of the buyout, 2/3 the remaining value
When a player is bought out, the team still takes a cap hit for the player over a period of twice the remaining length of the contract. The amount of the cap hit (by year) is determined as follows:
  • Take the actual salary due for each remaining year
  • Take the Averaged Player Salary (cap hit) for the current contract
  • Calculate the buyout amount (as described above)    
  • Spread the buy-out amount evenly over twice the remaining years of the contract
  • Take the number in No. 1 and subtract the number in No. 4. This is the "buyout savings."
  • Take the cap hit from No. 2 and subtract the buyout savings from No. 5.

Edited by That Aud Smell, 03 July 2013 - 11:37 AM.


#31 IKnowPhysics

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Posted 03 July 2013 - 11:28 AM

That's too bad, I liked his play all the way from his days at BC.  Exemplifies a great attitude.

Not quite sure what to make of this.  Maybe they thought he took a step back this year?  It seemed like they misused him a little- he plays a top-six style and he was definitely being played in a checking line/agitating role, and according to player usage charts, in some of the toughest minutes on the team.

Or maybe we're trying to open up a roster spot for an up and comer?

Or maybe we thought it generally bad to pay what they were using as 4th liner $1.45M?

#32 inkman

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Posted 03 July 2013 - 11:28 AM

View Postdudacek, on 03 July 2013 - 11:24 AM, said:

Is there anyone unhappy with this move?
Love the kid, but he's just not good enough.
Qwksnds mom, that's about it

#33 Potato

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Posted 03 July 2013 - 11:29 AM

This isn't about money or keeping the guy around.  He simply isn't in the team's plans going forward.  I agree with the move 100%.  A 5'3 forward who doesn't score ala Marty St. Louis doesn't do much good on any NHL roster.

#34 nobody

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Posted 03 July 2013 - 11:30 AM

Waste of a move if it is a compliance buyout.

#35 Ghost of Dwight Drane

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Posted 03 July 2013 - 11:36 AM

Who's gonna slip on a banana for the Pegula girls now?

#36 Eleven

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Posted 03 July 2013 - 11:36 AM

View Postnobody, on 03 July 2013 - 11:30 AM, said:

Waste of a move if it is a compliance buyout.

Exactly.  They have two compliance buyouts, they don't have to use one this summer, and they waste one on Gerbe's contract?  If they don't want him, put him on regular waivers and send him to Rochester.

#37 That Aud Smell

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Posted 03 July 2013 - 11:38 AM

I can't make that capgeek formula work -- when I get to #6, I end up with a negative #. Maybe I'm just doing it wrong.

1. $1,850,000
2. $1,450,000
3. $616,666.66
4. $308,333.33
5. $1,541,666 (buyout savings)
6. -$91,666 (the formula says to subtract #5 from #2? if it's supposed to be the other way around, then that's a positive #)

Edited by That Aud Smell, 03 July 2013 - 11:46 AM.


#38 26CornerBlitz

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Posted 03 July 2013 - 11:41 AM

Gerbe had no idea this was coming:
@BillHoppeNHL
Per his agent, Nathan Gerbe is done with the #Sabres. They're buying him out. They had no warning, either. #Buffalo

#39 carpandean

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Posted 03 July 2013 - 11:45 AM

View PostMattPie, on 03 July 2013 - 11:26 AM, said:

??? What's to stop a team from buying anyone that they're not happy with then?

As noted, regular buyouts still count against the cap.  It's only the two compliance buyouts allotted to each team in the new CBA (must be used within two years of the lockout) that don't.  Several teams (with $$) have bought out players they are unhappy with ... or more to the point, a player whose contract they are unhappy with.  The still have to pay the buyout, so the real cash is enough for smaller market teams not to do it.

Edited by carpandean, 03 July 2013 - 11:45 AM.


#40 Ghost of Dwight Drane

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Posted 03 July 2013 - 11:45 AM

View Post26CornerBlitz, on 03 July 2013 - 11:41 AM, said:

Gerbe had no idea this was coming:
@BillHoppeNHL
Per his agent, Nathan Gerbe is done with the #Sabres. They're buying him out. They had no warning, either. #Buffalo

That's nice. They make the kid play through a broken back then don't even have the nads to give him a heads up? W _ _ S _ L