Faulk is an interesting thought, but I think that retaining millions of dollars over multiple seasons is a very, very tough sell for most NHL owners. On most these multi-year retentions for good players, we have seen teams pick up like 15% of a contract just to take the edge off the cap number. I think Tampa would need us to retain about 50% on Faulk for it to make sense for them.
However, this upcoming season is the year where Faulk's salary dive bombs, so the real-dollar cost to retention wouldn't be terrible. He "only" makes $13.75M real dollars over the last 3 years of his deal ($4.75M, $4.5M, and $4.5M).
50% retention on Faulk would cost the Blues $6.875M real dollars over the next 3 years. Retaining 50% on Buch would bring us up to $10.25M in retention. Asking the owner to pay $10M to guys playing for other teams in a 3 year period is a tough sell. Especially since Sergachev is set to make $11M this year and next.
It's too bad that Sergachev's NTC kicks in the same day his $6M bonus is owed this year. It would be extremely helpful financially if Tampa could pay that $6M bonus and then immediately trade him. I think that would be a completely reasonable ask from a team that is about to cut $10M in checks for salary retention in order to give you a cap benefit. If it was possible, I think Tampa would be very smart to pay the bonus 'in exchange' for a team retaining massive salary for guys going to Tampa.
I wonder if there is any precedent with a team trying to pay a bonus early. It is due on July 1, but I don't believe that there is anything in writing that would prevent a team from paying a bonus on June 30. Or even June 1. The PA isn't going to complain about a guy getting his bonus money early (while still residing in a tax-free state) before being traded.
Theoretically, could the Bolts pay his bonus a week early and then trade him before his NTC kicks in 7/1/24? Because in that scenario, I could see the Blues being willing to retain big dollars on Faulk.