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Devils Clearing Cap Room

from the NY Post (reg. req.),
Lou Lamoriello has a little salary cap room if he decides to strengthen his .500 Devils. By noon today, the Devils' president will have 836G more cap space to use now or save against the day he must find $4.18 million in cap room to activate Patrik Elias. Lamoriello yesterday waived enforcer Krzysztof Oliwa, who will be assigned to Albany if he clears the other 29 teams. "I understand the game has changed, that Lou was forced to make a business decision in an effort to minimize the team's salary cap issues," said Oliwa, who said he returned to New Jersey to be near his 9-year-old daughter. "However, I would have signed elsewhere in July of '04 if I thought my position on the team was unstable. I had opportunities to play in Minnesota, Montreal and Calgary and passed them up. I am extremely disappointed."
update 3:50pm, Oliwa has cleared waivers, 29 teams passed on him.

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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.

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