Kukla's Korner Hockey
from Bruce Garrioch of the Ottawa Sun,
As the NHL’s free-agency period opens on Canada Day at noon, the group of impact players available is thin which is why in the hours before the shopping officially began many GMs were talking trade to see if they might be able to get a player in exchange for a contract or draft pick.
The issue isn’t that the players are bad, the problem is that they many of them aren’t going to be game-changers. Yes, there will still be big money spent because some teams have to get to the cap floor so they’re going to be spending to try to help make sure they can compete.
“It’s not very good that’s why there’s still a lot of people trying to make trades,” said a league executive. “There’s still a lot of potential trades going on.”
The names available will resemble many of those moved at the NHL trade deadline in March. Chicago Blackhawks centre Antoine Vermette, dealt there by the Arizona Coyotes, will be among the leaders along with Washington’s Mike Green, Anaheim’s Matt Beleskey and Chicago’s blueliner Johnny Oduya.
more plus some talk/rumors...
If there were ever a summer to wade carefully into the free agent pool, it is this one. At best, the pool includes serviceable players. At worst, the pool includes too many players whose performance levels are challenging to predict.
-Kevin Allen of USA TODAY where you can read more on UFA day.
from Luke DeCock of the News & Observer,
Perhaps flush from his election into the Hockey Hall of Fame, Carolina Hurricanes owner Peter Karmanos did something so out of character Tuesday it was earthshaking. He authorized the $14 million buyout of Alexander Semin’s contract.
And just like that, Jim Rutherford’s $35 million mistake became a $28 million mistake, and Semin will have to slouch around somewhere else not scoring goals next season. And the season after that. And the season after that.
Paying a player that much money to go away is not in the Hurricanes’ DNA. In fact, it pretty much represents the opposite of everything Karmanos and the Hurricanes have done over the years, which is to try to operate on a tight budget while other teams throw money at problems.
That’s one measure of how badly the Hurricanes wanted Semin out, wanted him away from their impressionable young players. After trying to find a less expensive solution at the draft – swapping bad contracts, or sending Semin and an asset to a deep-pocketed team that would then pay to buy him out – they were left with no choice.
from Frank Seravalli of TSN,
One year ago, a record $528 million was doled out to 89 unrestricted free agents over 183 years worth of contracts.
That was in a span of 12 hours on opening day of the 2014 NHL free-agent season.
Another few hundred million is sure to be spent on Wednesday.
But signing a $2 million contract to play for the Anaheim Ducks is not worth the same as signing a $2 million contract to play for the Florida Panthers. Choosing to play in Tampa Bay rather than San Jose could be the difference between earning another $300,000 a year, after taxes.
The average NHL player pays approximately $1,247,960 in income tax every year, or close to 45 per cent of the league average salary of $2.8 million. Federal, provincial, state and local taxes vary based on the location of the franchise. None of that takes into account the relative cost of living in each locale, such as the housing market.
There are many other factors for a player to consider before he signs on the dotted line.
The post will remain sticky at least thru today, UFA day and maybe beyond.
Feel free to discuss the transactions today or in the individual posts when the transactions happen.
Happy Canada Day too!
Also, please consider donating to the KK Donation Drive. Thanks.
added 10:51am, NHL Network live stream added below...
So I'm working the late shift on Free Agent Eve for Paul, and I come across this baffling story from the New York Post's
Sin City is getting hockey, two sources close to the situation told The Post.
The NHL is arranging the sale of the Arizona Coyotes to billionaire William Foley who will move the team to Las Vegas giving it its first major professional franchise, one source said.
Uh, Foley wants his own franchise...
“Las Vegas has reached 10,000 season ticket deposits,” enough to justify a franchise, the other source said.
That's not what the NHL suggested.
Foley said in January that he needed 10,000 ticket deposits to get an NHL team.
Yes, that's true, but the principals in the story are issuing simple denials...
A Coyotes spokesman said, “The Coyotes are committed to playing in Arizona.” When asked for how long, the spokesman reiterated it was committed to playing in Arizona. “Period.” Arizona last year ranked 28th in attendance.
The NHL denied the story.
And as you might expect, the NHL is not happy with this fluffernutter...
UFA signings can happen anytime after 12:00pm ET on Wednesday and the day should be filled with signing activity.
Feel free to discuss anything hockey related as we wait for the clock to strike noon tomorrow.
GLENDALE, ARIZONA – Arizona Coyotes General Manager Don Maloney announced today that the Coyotes have acquired center Boyd Gordon from the Edmonton Oilers in exchange for forward Lauri Korpikoski.
"We are very pleased to re-acquire Boyd Gordon," said Maloney. "Boyd is an excellent defensive center who is one of the league's best in the face-off circle. He has a great work ethic and will add experience and leadership to our dressing room. We are excited to have him back."
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
Email Paul anytime at email@example.com