Quoting: Spanky227
i just wanna quote here "maybe a b prospect who likely won't make it"-- so why take callahan if they don't get a player that can contribute. If you don't offer anything of value you will not get any help. a 5.8 million cap hit for the next two years is a ton of money. just think, the rangers got a second for delaying the brassard trade where we only had to give him a 2 million bonus. you are talking about 11.8 million. so first rounder or foote. If you want it to just be a second round pick, you are retaining half his salary and giving up "a b prospect who likely wont make it". Just look at the chicago deal that happened today.
hossa, two NHL ready players in hinestroza and osterle (mispelled idc) and a second rounder, for a return cap dump of kruger, 3 jr players that will barely make ahl and a 5th rounder. and hossa has a very similar cap hit as callahan.
that's literally the equivelent of:
callahan, two b prospects, and a second round pick when taking back smith with a million retained (3 mill cap hit roughly-- same as krugers), 3 players that will never make your ahl team and a 5th back. wanna do that deal?
First off, I am not sure why I thought Callahan had one year left (I have been doing a lot of 2019-2020 Seasons as well, in which he is on the last year of his contract), so yes, it would be 11.6 as you say (technically 9.4 salary, but 11.6 cap hit).
One thing about the Hossa trade is that Hossa will never play again, whereas Callahan can still play a bottom six role and have okay production, play well in his own end, and provide leadership. This isn't a black and white cap dump, because he can still be a role player for a team. Also, they would buy him out before they retained any salary.
What about this. In this roster TB has 6.5M in cap space, meaning they can actually hold on to Callahan for the season, and still have around 750k to work with. So let's pretend that TB holds onto him until the 2018-2019 Offseason, in which Callahan is only on the books for one season. Trading him would be much easier with one year left (Hossa has three as of the trade), and you can likely get it done with two picks and a B prospect who (rather than not making it to the NHL), could develop into a solid top nine or top 6 D, just wouldn't fit in TB.
2018-2019 OFFSEASON TRADE (BEFORE DRAFT)
Callahan (could retain up to 1M) - 1M would be lower than the buyout cap hit
B Prospect
2019 3rd
2020 4th
If this doesn't get it done, TB can just buy him out and have 1.5M on the cap for the 2019-2020 and 2020-2021 seasons (which wouldn't be a big deal).
In summary, TB doesn't have to get rid of him under this roster until 2019-2020 Offseason, and if the Rangers (or whoever is a potential partner) wants too much, then TB can just buy him out and not lose anything.
Another option is adding him to the Karlsson deal (though Ottawa is trying to cut payroll), but then you change the 2020 4th to a 1st, and add another prospect into the mix (and maybe add another pick).
As for your proposal, that wouldn't make sense for TB. They get rid of Callahan to have room for their better players, not take back another bad contract (plus they would not need another high paid defenseman with Karlsson oh their team). If NYR wanted to add Smith who makes 3M (with the RS), then TB would find another suitor or buy out Callahan (which again, since they don't have to do that until next season, would just be 1.5M.
If I am the Rangers I am going to use all that cap space effectively (since they are a big market team who has no problem spending to the cap). Load up on picks and prospects and take those short, bad contracts. I understand why you would want a better return for taking on his contract, but (in the case I have in this comment). It is one year, the Rangers could get the two picks and prospect and buy out Callahan if they really wanted to.