Thread: Waived: Commodore on re-entry
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01-18-2011, 10:25 AM
  #77
dawgbone
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Quote:
Originally Posted by misfit View Post
How is that 100% accurate? They didn't waive him because they felt they could get equal or better for half of his cap hit. They waived him because he needed to be replaced either way, and they want to spend as little of the $6.85M left on his contract as possible (plus half of whatever is left of the $3.8M he's owed this year). And because they're a budget team, and not a cap team, the money spent was more important than carrying an additional $1.8M cap hit. The only difference between the situation with Commodore in Columbus and Souray in Edmonton is that the Oilers can afford to spend the money to have their guy play in the minors. Neither were waived because the team had better options for less money.
They still need to replace him with another player on the roster, and they have to pay that player.

If you have a $3mil defenceman and you want to spend less money and you decide to put him on re-entry waivers, you are still going to have to pay $1.5 mil of his salary until that contract is over. So yes, you've saved $1.5 mil at this point in time.

The problem is, you've still got to pay for a replacement defenceman to take his place, so that also eats into your savings.

You still pay money when you lose a player on re-entry waivers.

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