First up is the NHL’s first buyout period.
Buyouts can start as soon as 24 hours after the Stanley Cup is awarded – even prior to the first beers being chugged at the winner’s parade.
Players possessing full no-movement clauses may elect not to be placed on waivers and go straight to unrestricted free agency. Those without full NMC’s must go through the waiver process and wait until noon the following day to learn their fate. Unrestricted free agency also beckons for these players.
There were 10 contracts bought out after the 2020 campaign, of which seven players ended up signing elsewhere. Forwards Alexander Wennberg and Bobby Ryan found some modicum of success with their new clubs. Wennberg had a bounce-back season pocketing a career-high 17 goals in 56 games with the Panthers after being released from the Blue Jackets. While Ryan started quickly with the Red Wings, notching four goals in his first three games. However, the 34-year old would compile only 10 more points over his next 30 games, prior to shutting down his season due to injury.
And of course, there was goaltender Henrik Lundqvist, signed by the Capitals after being bought out by the Rangers. Unfortunately, fans of the “King” never got to see Lundqvist stop pucks in a Caps uniform. The 39-year old was diagnosed with a heart ailment that required surgery.
With the Seattle Kraken Expansion Draft looming July 21, it’ll be interesting how teams handle the contracts of potential buyouts.
Will clubs choose to buy out players with NMC’s in order to keep another asset on their Protected Roster List? Or will they hold on to those with a high cap hit in the hope the Kraken takes the contract off their hands?
Clubs may also opt to negotiate a trade with Kraken General Manager Ron Francis or alternate team – adding a sweetener such as a prospect or draft pick rather than buying out a specific player.
If NHL GM’s follow what occurred in June 2017 when the Vegas Golden Knights selected their roster, the majority of buyouts will be completed post-Expansion Draft. Eleven of the 14 contracts at that time were bought out within three days prior to the July 1 Free Agent Frenzy.
Here are several buyout candidates:
Tony DeAngelo D – New York Rangers
The Rangers placed DeAngelo on waivers on January 31 for disciplinary reasons. At the time GM Jeff Gorton said the outspoken DeAngelo would never again play for the club. This won’t change under incoming GM Chris Drury’s regime. In 2019-20, the 25-year old posted 53 points (15 goals, 38 assists) in 68 games. If DeAngelo can reign in his emotions, he can add some much-needed offense from the back end to any club.
Salary Remaining – $5.3M Buyout Cost – $1.76M Cap Hit – 2021-22 $383,334, 2022-23 $883,334
Jake Gardiner D – Carolina Hurricanes
Waived last season, Gardiner has a history of back issues and has two years remaining on his four-year deal with a $4.05M cap hit. Known as an offensive d-man, the Minnesota native recorded only eight helpers in 26 games this past season. Buying out Gardiner would go along way in assisting with cap relief. The Hurricanes currently posses almost $30M in space. However, the club likely won’t spend to the close to the $81M ceiling, and still need to sign RFA’s Warren Foegele and more importantly Andrei Svechnikov. Clearing space may also keep the team in the running to re-sign D Dougie Hamilton.
Salary Remaining – $8.65M Buyout Cost – $5.76M Cap Hit – 2021-22 $1.29M, 2022-23 $1.04M, 2023-24, 2024-25 $1.44M
Milan Lucic F – Calgary Flames
It’s no secret the Flames are looking to re-jig their roster this offseason. The club has $14M in cap space to spend, but can save $1.7M and more in future seasons if they buy out the 35-year old. Lucic for his part has already agreed to waive his NMC, making him available for the Expansion Draft. However, if the Kraken chooses not to pick up Lucic, the hulking forward immediately becomes potential buyout fodder.
-
Ep 39: Quarterback Contracts, Hill vs Adams, Top 5 QB Contracts
by Full Press Coverage on August 1, 2022 at 12:36 am
Salary Remaining – $3.5M Buyout Cost – $2.33M Cap Hit – 2021-22 $3.57M, 2022-23 $4.88M, 2023-24, 2024-25 $510,416
Latest NHL News
The Offseason Opens With NHL Buyout Candidates
Tampa Bay Lightning Cement Legacy With Second Straight Stanley Cup
Five Keys To Game 5 Of The 2021 Stanley Cup Final
Montreal Canadiens Look To Force Game 6 In Montreal On Friday Night
2021 Stanley Cup Final Notebook: All The Pressure Is On The Tampa Bay Lightning
Tyler Johnson F – Tampa Bay Lightning
Shocker, the Lightning are already $5M above next season’s salary cap. GM Julien BriseBois has his work cut out for him. It all starts with Johnson. The Lightning GM will do his utmost to send the Cup Final Game 3 hero to the Kraken by any means necessary. Failing to do so will result in a buyout this time around for the Washington State-born center.
Salary Remaining – $14M Buyout Cost – $9.33M Cap Hit – 2021-22 $1.05M, 2022-23 $2.8M, 2023-24 $1.8M, 2024-25, 2025-26, 2026-27 $1.55M
T.J. Oshie F – Washington Capitals
Similar to Johnson in Tampa, Oshie is in the position with the Caps. The Mount Vernon, WA born forward still has four years remaining on his contract, but most of it all, it features a $5.75M cap hit, something the team needs to lower. The Capitals may attempt to move Evgeny Kuznetsov and his $7.8M hit – barring this, Oshie becomes a buyout candidate, that is the 34-year old isn’t a Kraken July 21.
Salary Remaining – $12.5M Buyout Cost – $8.33M Cap Hit – 2021-22 $3.79M, 2022-23 $4.29M, 2023-24 $2.79M, 2024-25 $3.79 2025-26, 2026-27, 2027-28, 2028-29 $1.04M
Zach Parise F – MInnesota Wild
There were murmurs the Wild would buy out or trade Parise last season. While this never came to fruition, the Wild are certainly in Protection purgatory when it comes to the Expansion Draft. The team may wish to protect four d-men, and Parise owns a full NMC. GM Bill Guerin will need to buy out the remaining four years of Parise’s 13-year deal in order not lose a significant piece off the Wild roster.
Salary Remaining – $10M Buyout Cost – $6.66M Cap Hit – 2021-22 $2.37M, 2022-23 $6.37M, 2023-24, 2024-25 $7.37M, 2025-26, 2026-27, 2027-28, 2028-29 $833,33
Other buyout candidates include:
Leo Komarov (Islanders), Mikko Koskinen, James Neal (Oilers), James Van Riemsdyk (Flyers), Mats Zuccarello (Wild)
Note all calculations courtesy of Cap Friendly and Puckpedia. Some contracts include payable bonuses. These bonuses are not inclusive to salary remaining when determining Buyout Cost.
The post The Offseason Opens With NHL Buyout Candidates appeared first on Full Press Hockey.
-
Ep 118: Senior Class Talk With Football Historian Ken Crippenby Full Press Coverage on August 11, 2022 at 10:03 pm
Pro Football historian Ken Crippen joins Clark and Ira to discuss the […]
-
Ep 117: Former Chiefs VP of Player Personnel Bill Kuharich Joins The Showby Full Press Coverage on August 3, 2022 at 10:26 pm
Former Chiefs VP of Player Personnel Bill Kuharich joins Clark and Ira to […]
-
Ep 116: Former Buccaneers Head Coach Bruce Arians Joins The Showby Full Press Coverage on June 29, 2022 at 3:03 am
Former Buccaneers head coach Bruce Arians joins Clark and Ira to discuss […]
-
Ep 115: Gil Brandt Joins The Show To Remember Cowboys RB Don Perkinsby Full Press Coverage on June 22, 2022 at 3:46 pm
Pro Football Hall of Famer Gil Brandt joins Clark and Ira to discuss the […]
-
Ep 114: Former Bengals QB Ken Anderson Joins The Showby Full Press Coverage on June 15, 2022 at 5:12 pm
Former Bengals quarterback and NFL MVP, Ken Anderson, joins Clark and Ira […]
-
Ep 113: HOF Voter Barry Wilner Joins The Showby Full Press Coverage on June 10, 2022 at 6:04 pm
For AP chief correspondent and current Pro Football Hall of Fame voter, […]
-
Ep 112: Colts Owner Jim Irsay Joins To Talk "The Jim Irsay Collection"by Full Press Coverage on May 31, 2022 at 3:05 pm
Indianapolis Colts owner Jim Irsay returns to the show to talk with Calrk […]
-
Ep 111: Joe Horrigan Returns To Remember Vietnam Veteran And Former Bills OT Bob Kalsuby Full Press Coverage on May 25, 2022 at 9:25 pm
As we approach Memorial Day, Joe Horrigan returns to the show to talk to […]
-
Ep 118: Senior Class Talk With Football Historian Ken Crippenby Full Press Coverage on August 11, 2022 at 10:03 pm
Pro Football historian Ken Crippen joins Clark and Ira to discuss the […]
-
Ep 117: Former Chiefs VP of Player Personnel Bill Kuharich Joins The Showby Full Press Coverage on August 3, 2022 at 10:26 pm
Former Chiefs VP of Player Personnel Bill Kuharich joins Clark and Ira to […]
-
Ep 116: Former Buccaneers Head Coach Bruce Arians Joins The Showby Full Press Coverage on June 29, 2022 at 3:03 am
Former Buccaneers head coach Bruce Arians joins Clark and Ira to discuss […]
-
Ep 115: Gil Brandt Joins The Show To Remember Cowboys RB Don Perkinsby Full Press Coverage on June 22, 2022 at 3:46 pm
Pro Football Hall of Famer Gil Brandt joins Clark and Ira to discuss the […]
-
Ep 114: Former Bengals QB Ken Anderson Joins The Showby Full Press Coverage on June 15, 2022 at 5:12 pm
Former Bengals quarterback and NFL MVP, Ken Anderson, joins Clark and Ira […]
-
Ep 113: HOF Voter Barry Wilner Joins The Showby Full Press Coverage on June 10, 2022 at 6:04 pm
For AP chief correspondent and current Pro Football Hall of Fame voter, […]
-
Ep 112: Colts Owner Jim Irsay Joins To Talk "The Jim Irsay Collection"by Full Press Coverage on May 31, 2022 at 3:05 pm
Indianapolis Colts owner Jim Irsay returns to the show to talk with Calrk […]
-
Ep 111: Joe Horrigan Returns To Remember Vietnam Veteran And Former Bills OT Bob Kalsuby Full Press Coverage on May 25, 2022 at 9:25 pm
As we approach Memorial Day, Joe Horrigan returns to the show to talk to […]
-
Ep 247: Full Foss NFL Projectionsby Full Press Coverage on August 16, 2022 at 12:39 am
-
Ep 246: NFC TD Projectionsby Full Press Coverage on August 13, 2022 at 1:40 pm
-
Ep 245: AFC TD Projectionsby Full Press Coverage on August 11, 2022 at 3:16 pm
-
Ep 244: Auction Draft Strategyby Full Press Coverage on August 6, 2022 at 4:20 pm
-
Top 5 Running Backsby Full Press Coverage on August 12, 2022 at 12:42 am
Ian and John discuss FPC Chiefs Managing Editor Braden Holecek's Top 5 […]
-
Tyreek Hill vs. Davante Adams: Who Has The Better Season?by Full Press Coverage on August 1, 2022 at 12:48 am
From Full Press NFL Weekly, Ian Glendon, Braden Holecek, and Kyle Senra […]
-
Julio Jones Signs in Tampa Bayby Full Press Coverage on July 29, 2022 at 2:11 pm
Ian and John discuss Julio Jones joining Tom Brady in Tampa Bay. Learn […]
-
Juan Soto Wins Home Run Derby; Is It Worth Watching?by Full Press Coverage on July 19, 2022 at 1:10 pm
From FPC Radio LIVE, Ian Glendon and John Sapochetti react to Juan Soto's […]
-
8/15 - Zach Wilson, Deshaun Watson, NFL Top 100 Listby Full Press Coverage on August 15, 2022 at 1:15 pm
Ian and John discuss the Zach Wilson injury scare, Deshaun Watson's debut […]
-
NBA Retires Bill Russell's Jersey League Wideby Full Press Coverage on August 13, 2022 at 2:25 pm
Ian and John discuss the NBA's decision to retire Bill Russell's "#6" […]
-
Kevin Durant and Aaron Rodgersby Full Press Coverage on August 12, 2022 at 4:20 pm
Ian and John discuss the Kevin Durant power move and the similarities […]
-
8/12 - Recapping NFL Preseason Action; NBA Retires Bill Russell's Jerseyby Full Press Coverage on August 12, 2022 at 1:20 pm
Ian and John discuss the pair of NFL preseason games from Thursday and […]
-
8/11 - Serena Williams, Kevin Durant, Top 5 Running Backs, NFL Preseasonby Full Press Coverage on August 11, 2022 at 3:03 pm
Ian and John discuss Serena Williams impending retirement, Kevin Durant, […]
-
Serena Williams And The Best 21st Century Athletesby Full Press Coverage on August 11, 2022 at 2:59 pm
Ian and John discuss Serena Williams' career and impending retirement as […]
-
Aaron Rodgers, Ayahuasca, and The Green Bay Packersby Full Press Coverage on August 10, 2022 at 12:00 pm
Ian and John discuss Aaron Rodgers recent revelations and the upcoming […]
-
Recapping The 2022 Pro Football Hall of Fame Ceremonyby Full Press Coverage on August 9, 2022 at 2:21 pm
Ian discusses his experience in Canton and the Hall of Fame ceremony with […]
-
Ep 39: Quarterback Contracts, Hill vs Adams, Top 5 QB Contractsby Full Press Coverage on August 1, 2022 at 12:36 am
Ian, Braden, and Kyle discuss the new quarterback contracts, Tyreek Hill […]
-
Ep 38: Tyreek Hill Traded To The Dolphinsby Full Press Coverage on March 24, 2022 at 12:10 am
Ian and Braden react to the trade of Tyreek Hill from the Chiefs to the […]
-
Talkamania Episode 229by Talkamania on August 5, 2022 at 3:37 am
-
Talkamania Episode 227by Talkamania on June 12, 2022 at 3:27 am
-
Boot 2 The Face Episode 193 "Summer Slam Review"by Boot 2 The Face on August 8, 2022 at 10:05 am
Marty and Rucker return to talk the sights and sounds of Nashville for WWE […]
-
Boot 2 The Face Episode 191 "Summer Slam Preview"by Boot 2 The Face on July 28, 2022 at 12:31 am
Rucker is joined by Angel and Timmy C of Filter Free Popcast who you can […]
-
Ep 247: Full Foss NFL Projectionsby Full Press Coverage on August 16, 2022 at 12:39 am
-
8/15 - Zach Wilson, Deshaun Watson, NFL Top 100 Listby Full Press Coverage on August 15, 2022 at 1:15 pm
-
Ep.19: 2022 Michigan State Football Previewby Full Press Coverage on August 15, 2022 at 5:00 am
-
Ep 141: Preseason Week 1by Full Press Coverage on August 14, 2022 at 10:56 pm
-
Ep 126: Kamalaby Full Press Coverage on August 13, 2022 at 2:00 pm
-
Ep 246: NFC TD Projectionsby Full Press Coverage on August 13, 2022 at 1:40 pm
-
8/12 - Recapping NFL Preseason Action; NBA Retires Bill Russell's Jerseyby Full Press Coverage on August 12, 2022 at 1:20 pm
-
Top 5 Running Backsby Full Press Coverage on August 12, 2022 at 12:42 am
-
The Game Talks About Mets, Yankees, Braves, Phillies and Dodgers at the Deadlineby Full Press Coverage on August 12, 2022 at 12:30 am
-
Ep 118: Senior Class Talk With Football Historian Ken Crippenby Full Press Coverage on August 11, 2022 at 10:03 pm
-
8/15 - Zach Wilson, Deshaun Watson, NFL Top 100 Listby Full Press Coverage on August 15, 2022 at 1:15 pm
-
NBA Retires Bill Russell's Jersey League Wideby Full Press Coverage on August 13, 2022 at 2:25 pm
-
Kevin Durant and Aaron Rodgersby Full Press Coverage on August 12, 2022 at 4:20 pm
-
8/12 - Recapping NFL Preseason Action; NBA Retires Bill Russell's Jerseyby Full Press Coverage on August 12, 2022 at 1:20 pm
-
8/11 - Serena Williams, Kevin Durant, Top 5 Running Backs, NFL Preseasonby Full Press Coverage on August 11, 2022 at 3:03 pm
-
Serena Williams And The Best 21st Century Athletesby Full Press Coverage on August 11, 2022 at 2:59 pm
-
Aaron Rodgers, Ayahuasca, and The Green Bay Packersby Full Press Coverage on August 10, 2022 at 12:00 pm
-
Recapping The 2022 Pro Football Hall of Fame Ceremonyby Full Press Coverage on August 9, 2022 at 2:21 pm
-
8/9 - Pro Football Hall of Fame; Shawshank Prison; Aaron Rodgersby Full Press Coverage on August 9, 2022 at 2:06 pm
-
Tom Brady Turns 45; Is He Still The Face Of The NFL?by Full Press Coverage on August 3, 2022 at 9:49 pm