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Red and Black Hockey

Entries with the tag: trades

Cap floor might give Canes fits

Today, the NHL made official what we already knew.  The salary cap for 2011-12 will be $64.3M and the floor will be $48.3M.

As of right now, the Hurricanes have 12 players under NHL contract for 2011-12, with a total cap payroll of $32,083,333.  They’ve always been a thrifty team.  Given their stance on (not) renewing Joni Pitkänen, the high probability of letting Chad LaRose walk and the possibility of letting either Jussi Jokinen or Erik Cole walk, it’s going to be tough to even reach the floor.

The Canes are going to have to spend some money to fill out the roster.  They’ve already hinted at getting a real veteran goalie to backup Cam Ward.  They’ll have to make some other acquisitions through free agency or trade, and it might be fun.  I can’t even guess how that’s all going to pan out, but I can at least speculate on Carolina’s own free agents-to-be.

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Filed in: | Red and Black Hockey | Permalink
  Tags: carolina+hurricanes, free+agents, salary+cap, trades

With Free Agent talks stalling, Canes looking to trade

On Sunday, Canes fans were told that a player signing was imminent.  We hoped that it would be Jussi Jokinen or Erik Cole.  Of the seven UFAs, those are the two who are generally regarded by Caniacs as the most important.  Today, we’re being told that they aren’t even close with any of the UFAs.  With the free agent market opening in two weeks, the Hurricanes have decided to shop the rights to those players instead of letting them walk away. 

I can’t even begin to guess who the trading partner or the player coming in this direction might be, Paul Branecky of Hurricanes.com says that a trade is close to completion.  One that would have “a power-play quarterback who can play among the top four defensemen – an immediate Pitkanen substitute - ” coming to Raleigh.  The Canes are looking to deal one of their two second round draft picks or even a prospect to make a deal happen. 

Jim Rutherford says ““We’re exchanging ideas, and something could happen any time.”

Filed in: | Red and Black Hockey | Permalink
  Tags: carolina+hurricanes, erik+cole, free+agency, joni+pitkanen, jussi+jokinen, trades

Canes busy trading day

The Hurricanes entered the 2010 Entry Draft with a league-high eleven picks.  Although they didn’t make a big move to parlay some of the three second rounders into an additional first rounder, they were busy making trades with those draft picks.  I’ll analyze the draft selections later.  For now, I’ll give a rundown of the trades that brought a forward prospect, a free agent forward prospect and a defenseman who may be NHL-ready.

Full details after the jump

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Filed in: | Red and Black Hockey | Permalink
  Tags: bob+sanguinetti, carolina+hurricanes, draft, edmonton+oilers, jon+matsumoto, new+york+rangers, philadelphia+flyers, riley+nash, trades

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