Kukla's Korner Hockey
by Alanah McGinley on 06/30/11 at 04:32 PM ET
From Jim Diamond at the Nashville Predators Examiner:
J.P. Dumont’s time with the Nashville Predators is over. Nashville’s President of Hockey Operations and General Manager David Poile confirmed Thursday that the team will buy out the one remaining year on Dumont’s contract.
Dumont was set to be paid $4 million in 2011-12, so the buyout will cost the team two-thirds of the remaining value, spread out over twice the remaining time on the contract. Under the terms of the NHL’s Collective Bargaining Agreement with the NHL Players Association, Dumont will be paid $2.667 million, split evenly over the course of the 2011-12 and 2012-13 seasons.
“Today we have bought out the contract of J.P. Dumont,” Poile said Thursday. “It is disappointing for both us and for J.P.”
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