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Preparing For The Buyout Season

from Luke Fox of Sportsnet,

The second and final window for the NHL clubs to use their amnesty buyouts will begin the later of June 15 or 48 hours after the 2014 Stanley Cup final concludes. The buyout window slams shut for good at 5 p.m. ET on June 30. Bought-out players become unrestricted free agents and can sign with a new club on July 1.

Each team was granted two compliance buyouts to use either last summer or this one, a clause embedded in the new CBA to provide some previously spend-silly GMs with a mulligan. Or two. Some teams have already hinted at their intentions publicly; others are remaining tight-lipped and will work the trade phones until they’re left with no other options.

In order to be bought out, the player must not be injured, however. He must also pass through waivers, although that is more a matter of formality since no one is jumping to pay Ville Leino what the 2011 Sabres are. Important to note that a player cannot re-sign with the same club that bought him out until a full calendar year passes.

Here, in brief, is what we know about where your favourite team stands on using its buyouts before the window closes.

read on

Filed in: NHL Teams, | KK Hockey | Permalink
 

Comments

perfection's avatar

I assumed the Wings would use their final buyout on Tootoo, but with only one year left on his contract, maybe they just take the same approach as this year and waive him? He will either go somewhere else for free (something perhaps more likely in the last year of his contract than this past season) or he clears and continues to help the Griffs out one more year with veteran leadership. I guess if they’re going to pay him anyway, they might as well let him school some kids rather than play somewhere else AND get paid by us

Posted by perfection from LaLaLand on 04/21/14 at 02:34 PM ET

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See too many of these types of articles not mentioning the important detail that the player had to have been signed before the most recent CBA.

Posted by Valek from Chicago on 04/21/14 at 02:44 PM ET

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Any chance they buy out Johnny Franzen? I mean, do you think there’s a chance that the team sees a FA out there that they like to do Franzen’s job and decide to cut him loose?

For the record, I wouldn’t support that and I think despite his frustrating streakiness, his production more than pays for his cap hit. You don’t get those kind of scorers for less than $4M. And even if he doesn’t always show it (or that it is too few and far between), there’s always the possibility he’s going to go off in a playoffs or playoff series. You can’t get that for what you’re paying him unless you get very, very lucky.

Posted by VitoLambruski on 04/21/14 at 02:51 PM ET

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Any chance they buy out Johnny Franzen?
No. Why on earth would they?

Posted by weswolverine on 04/21/14 at 03:01 PM ET

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I get the impression Babcock gets impatient with Franzen’s streakiness. It’s got to be very difficult to score frequently over a 10-20 game stretch and then literally not score for the same length of time. Maybe the team believes it has a combination of forwards that provides for the same or better level of scoring, or more consistent scoring, and believes he is no longer necessary. Additionally, the team has a need at defense and may need the salary room OR the team may view an available forward as a better option.

What if Vanek’s agent calls Ken Holland and says his client would love to play for Detroit and would take $33M/5 years? I’m not saying that’s likely to happen but maybe the inverse is. Who knows?

I just think everyone has said basically they team will buy out Tootoo or no one. I just wonder if there might be some thought of others who are worthy of a buyout.

Posted by VitoLambruski on 04/21/14 at 03:15 PM ET

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or he clears and continues to help the Griffs out one more year with veteran leadership.

Oh god, are you kidding?

See too many of these types of articles not mentioning the important detail that the player had to have been signed before the most recent CBA.

Unless they’re listing players who aren’t eligible for a compliance buyout it’s kind of a moot point.  Does every hockey article have to include the definition of a goal?

Any chance they buy out Johnny Franzen?

No, unless Ken Holland has decided he wants to get fired…

Posted by Garth on 04/21/14 at 03:24 PM ET

J.J. from Kansas's avatar

Unless they’re listing players who aren’t eligible for a compliance buyout it’s kind of a moot point.  Does every hockey article have to include the definition of a goal?

It’s not moot at all.  Considering the entire article is about amnesty buyouts, it’s good writing to include the letter of the rule that disqualifies a lot of the ideas we see thrown around.

How many times have you seen somebody say they should use a compliance buyout on Stephen Weiss, despite that they can’t? 

The reason you don’t have to define a goal is because everybody knows what one is.  I’d argue that a significantly smaller percentage of hockey fans know this particular part of the compliance buyout rule.

Posted by J.J. from Kansas on 04/21/14 at 03:40 PM ET

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What if Vanek’s agent calls Ken Holland and says his client would love to play for Detroit and would take $33M/5 years? I’m not saying that’s likely to happen but maybe the inverse is. Who knows?

The inverse: $5M/33 years? I would do that deal if I were Ken Holland!

(*deliberately misunderstands*)

Posted by Mr. Fnytelhatt on 04/21/14 at 06:50 PM ET

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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.

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