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The Carolina Hurricanes Had To Buyout Alexander Semin

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.

continued

Filed in: NHL Teams, Carolina Hurricanes, | KK Hockey | Permalink
  Tags: alexander+semin

Comments

awould's avatar

Semin will have to slouch around somewhere else not scoring goals next season.

LOL

Posted by awould on 07/01/15 at 10:39 AM 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.

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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