Hey there folks, Death_By_Leafs checking in again after a somewhat looooong hiatus. The events of the last few days have given me the itch again to read & talk Leafs as we lead into the pre-season, wide-eyed and optimistic. I mean, my goodness, Lebdalebdalebda is no more!
(Sidebar: I looked through my history to see when I was last on. My last comments here included such prophetical gems as:
"lebda you are suck."
"'I don’t know what Lebda was doing' -Greg Millen; Dec 16, 2010 <-- Thank you for saying what we are all thinking. All the time.")
So after last night's trade, many analysts have made mention that Toronto Maple Leaf Cody Franson now gives a Top 6 with some combination of Phaneuf, Liles, Aulie, Franson, Gunnarsson, and Schenn (assuming he is re-signed without incident). With the additional upstart group led by Blacker, Gardiner, and others, the poor cap casualty known as Mike Komisarek -- barring any major rebirth of his game -- will clearly be the odd man out.
So I decided to try and math my way into seeing when we might see the end of Komisarek in a Maple Leaf uniform. Based on Komisarek's salary structure, he can become attractive to poor teams once his cash obligation drops below his remaining cap hit.
Salary 2011-2012 = $5.5m
Salary 2012-2013 = $3.5m
Salary 2013-2014 = $3.5m
Cap 2012-2013 = $4.5m
Cap 2013-2014 = $4.5m
The 2011-2012 season runs from for 185 days (Oct 6 to Apr 7), which means Komisarek's daily salary is $29,729.73. Thus, after 118 days, Komisarek will have been paid $3,508,108.11 leaving $1,991,891.89 remaining for the year.
$1,991,891.89 + $3,500,000.00 + $3,500,000.00 = $8,991,891.89, which is the first day that the remaining salary obligations to Komisarek will be less than his $9 million cap over the final 2 seasons.
That day, #118, will be January 31, 2012.
Now I'm not saying I'm desperate to get rid of the guy, and I'm not saying that he can't be a worthwhile player for an NHL team, but I think most of us will agree that Komisarek has not fit the role that was assumed when he was signed. However, if we are expecting Komisarek to be dumped off for little return, this is the earliest it will probably happen.
As always, Go Leafs Go.