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Ottawa Could Buy Out Bobby Butler

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07-24-2012, 01:51 PM
  #1
caley
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Ottawa Could Buy Out Bobby Butler

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Winger Kaspars Daugavins avoided a trip to an arbitration hearing Tuesday by signing a one-year, one-way $635,000 deal with the Senators Monday morning, but he may have bought Bobby Butler a ticket out of town in the process.

With 13 forwards on one-way contracts, the Senators have 48 hours to decide if they’re going to exercise their right to buy out a player — in this case it would be Butler — after settling with somebody who filed for arbitration.

Scheduled to make $1.2 million in 2012-13, Butler, 25, can be bought out at just one-third of his contract because of his age. The cap hit would be $200,000 over the next two years, but that’s much cheaper than him playing in the minors on a one-way deal.
Also per 6th Sens
Quote:
Since Ottawa settled with Daugavins prior to his actual arbitration hearing, Article 13(c)(ii) in the CBA provides the condition that the Senators can terminate a Standard Player Contract (SPC). Bruce is correct in asserting that as a 25 year old, Butlaaaah can be bought out for one-third of his current contract value. While also true that his potential buyout would cost the Sens $200,000 per year over the next two seasons, Capgeek's buyout calculator indicates that his buyout cap hit would be $50,000 for the first year and $200,000 for the second season.

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07-24-2012, 02:07 PM
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Leave Spezza Alone
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Big loss.

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07-24-2012, 02:19 PM
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Marvelous Manked
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This is just Garrioch commenting on his opinion.

Problem is, Ottawa still needs to spend multiple millions of dollars to reach the cap floor.

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07-24-2012, 02:28 PM
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BonkTastic
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Makes sense if we're planning on bringing in a better (more expensive) player, but otherwise why buy him out when we're already under the cap floor?

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07-24-2012, 02:59 PM
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roboninja
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Doesn't make sense to me either, but if he does get bought out, look for PHX to swoop in. Seems like their type of signing.

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07-24-2012, 03:02 PM
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Could they just trade him instead of buying him out. Seems like some team would throw a 6th or 7th out there

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07-24-2012, 03:03 PM
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Quote:
Originally Posted by BonkTastic View Post
Makes sense if we're planning on bringing in a better (more expensive) player, but otherwise why buy him out when we're already under the cap floor?
Semin to Ottawa, C3

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07-24-2012, 03:05 PM
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Marty Straka
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Semin to Ottawa, C3
I am very much in the camp that thinks Semin in ottawa would be a very smart move short or "long term"

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07-24-2012, 03:08 PM
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Cogburn
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Quote:
Originally Posted by Marty Straka View Post
I am very much in the camp that thinks Semin in ottawa would be a very smart move short or "long term"
Need for a top six forward, other Russians on the team, a good foundation to a team, and has the monetary assets to commit. Could be fun.

Back to the OP...isn't the buy out period over?

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07-24-2012, 03:19 PM
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Quote:
Originally Posted by Cogburn View Post
Need for a top six forward, other Russians on the team, a good foundation to a team, and has the monetary assets to commit. Could be fun.

Back to the OP...isn't the buy out period over?
I was abotu to ask the same thing

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07-24-2012, 03:22 PM
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Neil Patrick Harris
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Don't see the point of buying out Butler. Kid still has a lot of potential IMO and could bounce back.

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07-24-2012, 03:26 PM
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SpezDispenser
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We're not buying him out...don't listen to Garrioch.

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07-24-2012, 03:28 PM
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Izzy
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Don't see the point unless some big moves are coming up

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Old
07-24-2012, 03:47 PM
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AmericanDream
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this seems idiotic when the Sens need to reach the cap floor...

and why does it matter if you have 13 forwards under contract, all 13 forwards are going to play the entire season injury free???

Butler is a solid kid, that can score some goals, if Ottawa lets him walk, thats a mistake imo as someone will get him like a Phoenix or Colorado and use him to his potential

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07-24-2012, 03:50 PM
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Pietraneglo222
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The salary floor will likely go down as part of the new CBA. Senators are probably fine as it is.

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