Well, it's not just one but two compliance buyouts now.
That means they could buyout Leino if he sucks during what could essentially be a 48-50 game tryout and also take on a bad contract for picks with the intention of buying it out.
It'd be a good way to utilize Pegula's wealth before it becomes more neutralized.
Well, it's not just one but two compliance buyouts now.
That means they could buyout Leino if he sucks during what could essentially be a 48-50 game tryout and also take on a bad contract for picks with the intention of buying it out.
It'd be a good way to utilize Pegula's wealth before it becomes more neutralized.
It is only one per year though. They'd have one in each of the next two offseasons.
I would assume the Sabres will evaluate after seeing how players perform this shortened season and after projecting where their salary will be for the next five years. It may not be necessary to buy Leino out, particularly if he plays at least mediocre hockey. I could see them buying out smaller deals, such as McCormick's final year if he continues to be banged up and unable to play as physically as required.
Throughout this process I heard it might be possible to trade cap space with other teams. Any update on this? Could we trade picks to a team for more CAP space if we found ourselves pressed against the CAP ceiling?
Throughout this process I heard it might be possible to trade cap space with other teams. Any update on this? Could we trade picks to a team for more CAP space if we found ourselves pressed against the CAP ceiling?
I don't think the Sabres will have any cap issues...even if they don't use buyouts. The cap can never go below 64.3, which is almost identical to what the Sabres have now (during the transition year where it's 70 million anyway). Next year Regehr, Leopold, and Pardy come off the books, freeing up plenty of space to wheel and deal (or resign as necessary). If they choose to go down the buyout route and take Leino off the books, then they're in really good shape.
It seems like Darcy and crew anticipated well and didn't go all out and hit 70 million this offseason. Now let's see if he makes moves between now and the puck drop.
I don't think the Sabres will have any cap issues...even if they don't use buyouts. The cap can never go below 64.3, which is almost identical to what the Sabres have now (during the transition year where it's 70 million anyway). Next year Regehr, Leopold, and Pardy come off the books, freeing up plenty of space to wheel and deal (or resign as necessary). If they choose to go down the buyout route and take Leino off the books, then they're in really good shape.
It seems like Darcy and crew anticipated well and didn't go all out and hit 70 million this offseason. Now let's see if he makes moves between now and the puck drop.
I agree,
I was thinking more about maybe 5 years from now if we were pressed against the cap if this would be a potential option.
It is only one per year though. They'd have one in each of the next two offseasons.
But yeah, agreed with all points above.
I don't think that's correct, but we'll find out very soon.
Quote:
Originally Posted by Jame
will you be able to buy out a player, and re-sign them?
I doubt it. I raised this as a possibility last week. I can't imagine the NHL is that stupid to leave open such a large loophole, especially if the recapture provision made it in.
I don't think that's correct, but we'll find out very soon.
I doubt it. I raised this as a possibility last week. I can't imagine the NHL is that stupid to leave open such a large loophole, especially if the recapture provision made it in.
I went back and read the TSN article. It says to be used this and next offseason. I think I just interpreted that to mean one per and not the other way around.
Yep, and we have no choice, anyways, because teams can't start using the compliance buyouts until the offseason.
Yep.
It should be crazy next summer. I would imagine a decent amount of players (relative to last lockout) will be bought out (10 or so) so teams can get under the 64.5mil upper limit. Combine that with the regular UFA crop and let the offseason fun begin.
For a point of reference, the Sabres are just shy of 50mil in cap hits with 14 players signed for next season.
Bleacher Report posted their most likely to be bought out:
Scott Gomez
Mike Cammalleri
Shawn Horcoff
Jay Bouwmeester
Ville Leino
Keith Ballard
Tuomo Ruutu
Alex Ovechkin (this is why I take nothing BR says seriously)
Roberto Luongo
Rick DiPietro