Tuesday, July 18, 2006

Garth gets promoted

I'll be updating should there be news in the Neil Smith thread, but I just had to point out this bit of wit in the Garth Snow Wikipedia entry:
"On July 18, 2006, Snow both officially confirmed his retirement and was named the new General Manager of the Islanders [1], hours after the firing of now former General Manager Neil Smith. ... Snow holds no experience as a general manager, aside from the four minutes he has been the Islanders' position."

As a friend of mine just emailed me, "I love how Snow's first move as GM was to give himself an extra 750K in cap space the next two years by retiring himself off the roster. He's already better than Milbury."

Which raises an interesting question: Given that Snow is over 35 years old, does his salary in fact count against the cap (a la Vladimir Malakhov with the Devils) now that he has retired?

Perhaps Snow's move into the GM's seat actually hinders the Isles' wiggle room right off the bat.

9 Comments:

At 5:20 PM, July 18, 2006, Blogger sager said...

Revoke the Islanders franchise before it achieves nuclear capability.

 
At 5:39 PM, July 18, 2006, Blogger Matt said...

The way I read it is that the rule is the $$ counts against the cap if the contract was signed after he was 35; it doesn't depend on his age now.

The clause is in Article 50.2(c)(iv) of the CBA, if someone wants to check my reading comprehension.

 
At 5:49 PM, July 18, 2006, Blogger Nick said...

From wikipedia

"Snow holds no experience as a general manager, though he has had a desire to be a general manager for a while now."

Well, I'm sure he'll be fine then

 
At 5:52 PM, July 18, 2006, Blogger James Mirtle said...

Matt, Snow signed last summer (mid-July, I believe) for three years. He had just turned 36 at the time.

 
At 7:09 PM, July 18, 2006, Blogger CMcMurtry said...

He signed a three-year deal on July 30th of last year, two days after his 36th birthday.

No wonder he's loyal to Milbury and more than happy to be his puppet.

 
At 10:01 PM, July 18, 2006, Blogger ScottyWazz said...

Now, here's an interesting question; could Snow claim that his MCL caused him to retire, meaning that his salary wouldn't count against the cap or what??

Also, it seems that LaFontaine is leaving the organization as well. Bad time to be an Islanders fan.

 
At 8:30 AM, July 19, 2006, Blogger jmol2112 said...

His salary is minimal and even if it counts won't really affect their cap issue when it can be spread out over 4 years.
Amusing when we talk about a 'measly' 700,000 of cap space when their underachieving captain is making 7,000,000, and will for another 5 years!!!

 
At 2:24 PM, July 19, 2006, Anonymous Karina said...

Could they have bought him out and then hired him as the GM?

 
At 10:31 PM, July 19, 2006, Blogger Black Dog Hates Skunks said...

Salary signs against the cap - they cannot buy him out, if he is retired etc etc - still counts.

Similar to NJ and Mogilny and Malakhov.

Only way they don't take the hit is if they get another team to take his contract (maybe a team trying to hit the salary floor or maybe they throw in a pick to get someone to do it).

So can Snow get cap relief for his team by dealing himself, essentially?

That would be unprecedented in all of sports, I would say.

 

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