Analyzing the Implications of the Pittsburgh Penguins Trading Jeff Petry to the Montreal Canadiens with Salary Retention

2023-08-09 12:34:15

When the Pittsburgh Penguins traded Jeff Petry to the Montreal Canadiens in the last few days, they decided to keep 25% of his salary. The defender normally has an impact under the $6.25 million cap for another two years.

It’s a great asset for Kent Hughes, who now has Jeff Petry for only $4.6875 million on his payroll… for the moment.

And according to good sources, the Canadian would not have a plan to organize a press briefing for Jeff Petry or Kent Hughes

— Maxime Truman (@MaximeTruman) August 7, 2023

It’s easier to manage in the case of a transaction (after all, we suspect that Kent Hughes is on the phone to exchange his defender) for the continuation of the things.

But does this necessarily mean that the Canadiens will retain a large portion of the defender’s salary? He can withhold up to 50% of the amount of $4.6875 million, or $2.34375 million.

I don’t think that’s in the Canadiens’ plans.

I was the first to say that by withholding a good portion of Petry’s salary, Hughes was going to be able to get a good return. But there is something wrong in my head: the CEO, since taking office, always thinks long term. And his club is not yet good enough to change the mentality.

Why would he agree to give Mike Hoffman, whose contract ends in a year, to get Jeff Petry, whose agreement is still valid for two years, if it is to withhold salary for another 23 months on the contract? of the defender?

The cap could go up by $4.5 million in the summer of 2024. Does Kent Hughes really want to keep half that amount for Jeff Petry? I don’t think that’s his first choice, no – just as the player’s first choice is probably not to be here.

If he didn’t want to be in Montreal in 2023, he just had to manage not to be there →

— DansLesCoulisses (@DLCoulisses) August 8, 2023

With Karl Alzner and Joel Edmundson leaving the “dead money” portion of the salary cap in a year, it’s going to give the DG of the Canadian loose.

The more I think about it, the more I tell myself that the Canadian has not yet traded the defender because he thinks he can complete his entire contract. After all, that’s how the CH works, so as not to mortgage the future.

Since his arrival, the DG has only kept money on contracts that are a few months from expiry. The only exception? Joel Edmundson, who has one year left on his contract.

But two years? It’s a lot. Especially for summer 2023 and not, for example, spring 2022.

If Kent Hughes was able to trade 100% of Petry’s contract when he had three years to go, he probably figures he’s able to trade 75% of the same contract a year later. It’s easier to do – even if he didn’t play very well last year.

That said, his last year in Montreal was not perfect either…

Am I saying that the CEO of CH will systematically refuse to keep money on the contract? No. I think it may be possible that he keeps a million dollars or less, for example.

But the GM who wants to keep the Canadian 50% of what is left on the contract is better to get up early and have a very, very interesting offer. And honestly, I don’t believe it since Hughes is used to being patient to maximize the value of his players.

It should also be noted that I have the feeling that the team to which he will be traded can give a clue as to his vision. Is trading Petry to division rival Buffalo or Detroit desirable? when we know that CH will fight against these clubs in 2024-2025?

Your answer is mine, even if everyone agrees that a club far away like Dallas – if he wants to go there – would be better. After all, trading Petry in the division isn’t like trading Alex DeBrincat in the division, but still: it’s not ideal.

A lot of

– Logic.

Jean-Sébastien Dea will fly to Russia

– The Sports Press (@LaPresse_Sports) August 9, 2023

– Defeat of the Blue Jays.

He did what he had to do.

— Passion MLB (@passion_mlb) August 9, 2023

– Ouch.

Ranking of the 152 teams in North America of the 5 major leagues by @Sportico Very last at 152 out of 152 teams is the @cfmontreal #cfmtl

Ranking all 152 teams in North America’s Top 5 leagues by @Sportico Last at #152 is @cfmontreal #cfmtl

Credit: @novy_williams pic.twitter.com/W7NvuC3XPq

— The Sick Podcast – CF Montréal Talk (@sickpodcfmtl) August 8, 2023